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Elon Musk’s net worth tops $900B as SpaceX shares surge on major institutional investments.

Market News
17 Aug 2026
Forbes
View Source
Bullish
pluang ai news

Elon Musk’s net worth surpassed $900 billion again due to a strong rally in SpaceX shares, which rose over 6% to nearly $150. This surge followed disclosures of significant institutional investments, including Harvard’s $2.2 billion stake and large holdings by Nvidia, BlackRock, Fidelity, and others. Musk’s net worth now stands at $911.9 billion, making him the richest person globally. The rebound in SpaceX’s stock comes after a dip earlier this year and positive earnings reports that highlighted the company’s growing AI business and vertical integration, with analysts projecting AI revenue could reach $100 billion by 2027.

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Shopify Q2 earnings beat estimates, AI-driven sales triple, price target raised to $175.

Shopify Q2 earnings beat estimates, AI-driven sales triple, price target raised to $175.

Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...

Company Fundamentals
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1 hour ago
Freightos beats Q2 earnings estimates with record $7.7M revenue and narrows EBITDA loss.

Freightos beats Q2 earnings estimates with record $7.7M revenue and narrows EBITDA loss.

Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...

Company Fundamentals
Bullish
1 hour ago
Ross Stores price target raised to $276 on strong Q2 growth outlook and earnings beat history.

Ross Stores price target raised to $276 on strong Q2 growth outlook and earnings beat history.

Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...

Analyst Insights
Bullish
3 hours ago
MSTY ETF rated tactical BUY for Bitcoin bulls seeking high income despite risks of NAV decay.

MSTY ETF rated tactical BUY for Bitcoin bulls seeking high income despite risks of NAV decay.

The YieldMax MSTR Option Income Strategy ETF (MSTY) is rated a tactical BUY for investors bullish on Bitcoin who want high income. MSTY offers a high distribution rate of about 75%, enabling significant capital recovery over roughly 16 months if dist...

Analyst Insights
Bullish
4 hours ago
ProShares Ultra Silver ETF (AGQ) is a Buy for short-term trades due to silver's volatility and leverage risks.

ProShares Ultra Silver ETF (AGQ) is a Buy for short-term trades due to silver's volatility and leverage risks.

ProShares Ultra Silver ETF (AGQ) is recommended as a short-term trading tool, not a long-term investment, because its leverage amplifies silver's price volatility. Silver remains bullish, supported by a supply-demand deficit and technical support abo...

Analyst Insights
Bullish
4 hours ago
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