Spacex
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All Stories for Spacex

SpaceX loses $400 billion in a day as rate fears puncture AI-fuelled rally
Fp Business Desk •SpaceX lost $400 billion in market value on Monday as rising US bond yields and growing concerns over AI spending triggered one of the largest single-day valuation wipeouts in corporate history

India's space economy is taking off — and states want a bigger share of the opportunity
Nisha Ramchandani •India's space sector is entering a new phase, with states, startups and investors stepping in after policy reforms opened the industry to private players. As demand for space technologies rises, the focus is shifting from building capabilities to creating commercially viable businesses that can compete on a global stage.

Globe at a glance: From Iran resuming oil exports to PM Modi at G7
Fp Staff •Your window to world news: Trump’s peace deal allows Iran to immediately resume oil exports, PM Modi raises maritime security concerns at the G7 after recent Indian sailor deaths, Trump publicly rebukes Israel’s Hezbollah campaign, Telegram’s CEO slams India’s temporary Neet-related ban— here’s your roundup for the day

SpaceX tops Amazon in market value, briefly overtakes Microsoft
Fp Business Desk •SpaceX surpassed Amazon in market value and briefly overtook Microsoft on Tuesday as a surge in options trading and investor enthusiasm pushed the Elon Musk-led company’s valuation to $2.65 trillion

SpaceX rally adds $165 billion to Musk fortune, pushing net worth to record $1.3 trillion
Fp Business Desk •A nearly 20 per cent jump in SpaceX shares added $165 billion to Elon Musk's wealth in a single day, lifting his net worth to an unprecedented $1.3 trillion after the company's blockbuster IPO

SpaceX IPO debut not only made Musk a trillionaire but turned 4,000 employees into overnight millionaires
Fp Staff •The long-awaited debut of SpaceX on the Nasdaq has not only given the world its first trillionaire, with CEO Elon Musk's wealth skyrocketing, but it has also made 4,000 former and current employees of the company overnight millionaires.

‘Literally you’: Musk takes SpaceX public with a promise to send people to the Moon and Mars
Fp Staff •As SpaceX begins trading after the world’s biggest IPO, Elon Musk is betting on an ambitious vision where space travel extends beyond astronauts, promising ordinary people a journey to the Moon, Mars and beyond.

Who is Antonio Gracias, Indian-origin Musk loyalist, set to be a billionaire after the SpaceX IPO?
Fp Explainers •Antonio Gracias, the founder of Valor Equity Partners, who has spent more than two decades backing Elon Musk's ventures, is now set to make $68 billion (around Rs 6,468.16 crore) after the SpaceX IPO, according to reports. The 55-year-old has roots in India through his father, who immigrated to the US from Goa and later became a neurosurgeon in Detroit

SpaceX IPO makes Elon Musk a trillionaire. But how much is $1,000,000,000,000?
Fp Explainers •The SpaceX IPO has made Elon Musk the world's first trillionaire. While most of us know how much $1 million (Rs 9.5 crore) is, the sum of $1 trillion (Rs 95 lakh crore), or $1 million million, is mind-boggling. This is larger than the individual GDP of 170 nations and at par with the combined fortunes of Amazon's Jeff Bezos, Oracle's Larry Ellison, and Google's Larry Page and Sergey Brin

Richer than the richest: Elon Musk becomes the world’s first trillionaire after SpaceX IPO
Fp Business Desk •Elon Musk has become the world's first trillionaire after SpaceX's blockbuster IPO boosted the value of his stake and pushed his net worth beyond $1 trillion, widening the gap between him and every other billionaire

