SpaceX's IPO filing reveals a compensation plan for Elon Musk that could award him nearly 1 billion shares if SpaceX achieves major milestones like establishing a permanent Mars colony with 1 million people and creating massive off-Earth data centers. Tesla's CEO pay package also includes up to 423 million shares if Tesla hits ambitious targets by 2035, such as delivering 1 million Optimus robots and operating millions of autonomous vehicles. These milestones could push Musk's net worth beyond $1 trillion, making him the first person to lead two trillion-dollar companies. The plans reflect Musk's bold vision but have drawn criticism over risks and costs involved.
Bitget has introduced Stock+, a new feature allowing users to buy real US stocks directly using USDC and other digital assets. This innovation bridges crypto and traditional finance by enabling stock ownership through a single platform without interm...
The Nasdaq Composite fell 1.4%, losing about $680 billion in market value due to a sharp selloff in semiconductor stocks, which dropped 6.3%, led by memory chipmakers. This decline reflects investors unwinding crowded AI-related trades amid expectati...
Tesla's stock fell 5% to $383 amid broader market weakness and investor caution, even as Lucid and Rivian stocks showed more resilience. The decline is notable given Tesla's usual role as a sector bellwether, suggesting company-specific concerns like...
US tech and semiconductor stocks fell sharply amid a global market sell-off, with the Nasdaq dropping 1.5% and the S&P 500 down 1%. SpaceX shares briefly fell below their IPO price due to investor concerns over heavy borrowing for AI investments. Maj...
Tesla and energy developer NatPower have signed a multi-year deal to deploy over 25 gigawatt-hours of battery storage systems across Italy and the UK, marking the first phase of a larger European program targeting more than 100 GWh capacity. Tesla wi...
