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Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say

Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a key backer, following last week's post-election rally. The electric vehicle manufacturer's […]

Fidelity Slashes Valuation of X/Twitter by 79% Since Elon Musk’s Acquisition

Investment giant Fidelity has written down the value of Elon Musk's shares in X (formerly known as Twitter Inc.) by a staggering 78.7% as of the end of August, and the social media platform Musk bought. That means the overall valuation is just $9.4 billion. 44 billion after attempting to withdraw from the agreement. tech […]

SpaceX prepping tender offer at record $210B valuation: report

Billionaire Elon Musk’s SpaceX is set to launch a tender offer that values ​​the space exploration company at $210 billion, a record for a privately held U.S. company. SpaceX will sell the shares to employees and other stakeholders at $112 a share. Bloomberg reportedHe said this citing a source close to the matter. The funding […]

Joe Tsai sells Nets minority stake to Koch family after $6 billion valuation

Joe Tsai sells a minority stake in the Nets to the Koch family, setting a staggering valuation for the team in the process. BSE Global, the parent company of the Nets, Barclays Center and New York Liberty, was estimated to be valued at roughly $6 billion in the upcoming stock sale, according to an email […]

Elon Musk’s xAI gets $6 billion in new funding and announces valuation

Barron’s Roundtable panelists discuss whether software makers are ready for AI. Billionaire Elon Musk’s Artificial Intelligence (AI) Startup xAI announced on Sunday that it had raised $6 billion in Series B funding, raising its post-money valuation to $24 billion. Investors in xAI’s $6 billion Series B round included Valor Equity Partners, Vy Capital, Andreessen Horowitz, […]

Reddit aiming for $6.5B valuation in long-awaited IPO

New York Stock Exchange President Lynn Martin shares her outlook for 2024 on IPOs, mergers and acquisitions, stock valuations, and the Fed’s trajectory. Reddit is targeting a valuation of $6.5 billion in its upcoming initial public offering (IPO), the social media platform said on Monday. The company said in a filing with the Securities and […]

Elon Musk’s xAI startup targets valuation as high as $20B: sources

Elon Musk’s artificial intelligence startup xAI, which created the insidious Grok chatbot, aims to raise billions of dollars in a private funding round in the coming weeks, valuing the company at $20 billion. The Post reported that this is a possibility. The new funding, which comes as major rival Google grapples with its “woke” AI […]