Iran has added Elon Musk's SpaceX and its shareholders' infrastructure, including Starlink ground stations in the Middle East, to its target list, according to Iranian media. This move comes as SpaceX prepares for a $75 billion IPO, which has pushed Elon Musk's net worth close to $1 trillion. Analysts see Iran's targeting of SpaceX as strategic, given the company's growing influence and Musk's expanding wealth. Investors are watching closely as the IPO could impact Tesla shareholders and the broader tech market.
Investment bank Oppenheimer set a $190 price target for SpaceX's IPO, implying nearly 41% upside from the $135 offer price. The bank highlighted SpaceX's unique position as a vertically-integrated AI and communications company with strong capital and...
Tesla's market cap nears $1.5 trillion, making it the 9th most valuable company globally and far surpassing traditional automakers like Toyota and Ford. Despite this, Tesla's EV sales growth is modest and lagging behind some competitors, with only a ...
Iran's state media reported that Elon Musk's companies, including Starlink and X operations in the Middle East, have been added to Iran's military target list. This move is linked to Musk's companies' alleged cooperation with the US and Israeli milit...
An analyst rates Tesla as a Strong Buy with a price target of $927, indicating a 137% upside from the current price of $391. Key growth drivers include AI compute economics linked to SpaceX, growth in Full Self-Driving (FSD) subscriptions, Robotaxi m...
Tesla's stock short volume ratio reached a two-week high of 54.73%, indicating growing investor bearishness amid the upcoming SpaceX IPO scheduled for June 12. This rise suggests traders expect Tesla's recent 10.94% monthly drop to continue without a...
