Tag: Elon Musk

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

Elon Musk's fortune drops $601 billion as SpaceX shares crash 50 percent from their peak, triggering $15.5 billion in short-seller gains.

Omokolade Ajayi Omokolade Ajayi

Elon Musk loses $528 billion in five weeks as SpaceX shares plunge after IPO

Elon Musk’s fortune fell by $528 billion in five weeks as SpaceX shares tumbled nearly 47 percent following its historic stock market listing.

Omokolade Ajayi Omokolade Ajayi

Elon Musk loses trillionaire status again after $66 billion wipeout in one day

Elon Musk drops below $1 trillion net worth as a single-day SpaceX stock selloff erases $66 billion from his fortune.

Omokolade Ajayi Omokolade Ajayi

Namibia rejects Starlink license after dismissing 624 appeals

Namibia upheld its Starlink ban after rejecting 624 appeals, citing local ownership rules for telecom operators.

Oluwatosin Alao Oluwatosin Alao

Pretoria-born trillionaire, Elon Musk, projects $1 trillion SpaceX revenue by 2030

Elon Musk projects SpaceX annual revenue could reach $1 trillion by 2030 following its historic public listing.

Omokolade Ajayi Omokolade Ajayi

From Pretoria to $1 trillion: Elon Musk becomes world’s first trillionaire

From Pretoria to a $1.1 trillion net worth: how Elon Musk made economic history on Wall Street as the world's first trillionaire.

Omokolade Ajayi Omokolade Ajayi

Elon Musk’s SpaceX beats Saudi Aramco in landmark IPO, raising $75 billion

SpaceX raises $75 billion in a record IPO, surpassing Saudi Aramco and valuing Elon Musk’s company at $1.77 trillion.

Omokolade Ajayi Omokolade Ajayi

Google’s $30 billion deal strengthens case for Elon Musk’s SpaceX $1.77 trillion IPO

Google’s $30 billion SpaceX deal validates the metrics for Elon Musk's upcoming $1.77 trillion IPO.

Omokolade Ajayi Omokolade Ajayi

Bloomberg, Forbes track billions on different scales, but Elon Musk’s trillionaire milestone is closing in

Bloomberg and Forbes differ on Elon Musk's current billions, but the upcoming SpaceX IPO puts him on track to become the world's first trillionaire.

Omokolade Ajayi Omokolade Ajayi

SpaceX IPO pushes Elon Musk closer to $1 trillion net worth

SpaceX files for IPO, potentially raising $75 billion and moving Elon Musk closer to a $1 trillion net worth.

Omokolade Ajayi Omokolade Ajayi

Elon Musk’s SpaceX nears $1.75 trillion IPO as AI boom lifts markets

Elon Musk’s SpaceX is preparing for what could be the largest public offering in history. The aerospace and space technology company has confidentially filed for an initial public offering that could value it at more than $ 1.75 trillion. The move comes amid a surge in artificial intelligence, which has lifted tech valuations and renewed investor interest in companies combining…

Oluwatosin Alao Oluwatosin Alao

Namibia rejects Elon Musk’s Starlink bid to operate in the country 

Namibia has rejected a license application from Starlink, the satellite internet service backed by Elon Musk

Timilehin Adejumobi Timilehin Adejumobi