Tesla shares fell about 3.7% ahead of SpaceX's planned IPO on Nasdaq this Friday, where 555.6 million Class A shares will be priced at $135 each, valuing SpaceX at roughly $1.75 trillion. This IPO will make Elon Musk the head of two of the world's largest public companies simultaneously. Investors are weighing the impact of SpaceX's valuation on Tesla's premium valuation, especially given Tesla's $2 billion investment in SpaceX and their joint chip foundry project. The market is also considering potential capital rotation risks as funds may need to choose between Tesla and SpaceX shares, with significant price effects expected over the next three months.
SpaceX's upcoming IPO is fueling speculation that it could enhance Tesla's AI narrative by combining vehicle data, engineering talent, and computing power. Tesla investors are watching closely as a potential merger could give Elon Musk greater contro...
Elon Musk revealed plans for Terafab, a huge 100 million square foot chip factory targeting one terawatt of annual compute hardware output, about double current U.S. chip consumption. The project involves Tesla, SpaceX, and Intel, aiming for vertical...
Nvidia announced its first commercial humanoid robot, Isaac GR00T, built with Chinese company Unitree Robotics, combining hardware from China and Singapore with Nvidia's AI brain. Unitree quickly received IPO approval in China, signaling strategic im...
Tesla is increasingly viewed not just as an electric vehicle maker but as a robotics company leveraging AI, autonomous systems, and manufacturing scale. While its car sales growth slows amid rising competition, Tesla’s unique assets—massive real-worl...
Tesla's recent electric vehicle sales growth in China and the EU, along with advancements in Full Self-Driving (FSD) and robotaxi technology, indicate the company is undervalued based on accounting earnings. The analysis suggests Tesla's reported ear...
