SpaceX Shakes Up Telecom Stocks | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Jess Menton, Carol Massar and Tim Stenovec. (Source: Bloomberg)
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Jess Menton, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Swadeshi Jagaran Manch says India must develop its own satellite internet infrastructure for both commercial and strategic reasons
Declines in yields ease after a selloff in tech stocks drove investors to Treasuries. Oil heads for a third consecutive weekly gain as escalating attacks on Saudi Arabia stoke supply concerns. Shares of tower companies rise and wireless carriers decline in pre-market trading as SpaceX is said to be seeking access to 80,000 cell sites across the US for new networks. Laura Cooper of Nuveen joins "Bloomberg Brief" to discuss structural challenges facing the equity market. (Source: Bloomberg)
Elon Musk is eager to consolidate Tesla and SpaceX, but recent earnings numbers show how odd that merger would be, Bloomberg Opinion columnist Liam Denning says. (Source: Bloomberg)
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: General Catalyst Managing Director, Co-Head of Creation Fun Madhu Manburi, Olshan Frome Wolosky Partner in Shareholder Activism Group Rebecca Van Derlaske, Sidley Partner & Co-Chair Shareholder Activism Practice Kai Liekefett, and H.I.G Capital CEO Brian Schwartz. (Source: Bloomberg)
SpaceX bonds weakened Wednesday after the company posted results that surpassed analysts’ estimates but also said it was investing aggressively, signaling more borrowing could be ahead.
Media mogul John Malone said he thinks there could be a deal coming between Skydance Corp. and Elon Musk’s SpaceX.
A decade ago, Elon Musk saw little reason for SpaceX and Tesla Inc. to merge, saying that the ties between the two firms were “really quite tenuous.” Fast forward to 2026 and he’s now openly endorsing the idea, believing “there’s a lot of merit to combining the companies.”
The pledge, which Trump says will go through tax-friendly 'Trump accounts', comes two weeks before the US midterms.
US futures climbed on Wednesday, after solid earnings from SpaceX and Super Micro Computer Inc. bolstered a bullish view of the artificial-intelligence trade. Attention turns next to earnings from tech giants Meta Platforms Inc. and Tesla Inc., due after the bell.
US equity futures rise as SpaceX's quarterly earnings and Elon Musk's remarks on a potential SpaceX-Tesla merger boost investor confidence. Citadel's Ken Griffin warns that investors are "almost certainly" in an AI bubble, while Deutsche Bank's Christian Sewing says he doesn't see one. Jensen Huang speaks at the Nvidia GTC event in Berlin. Tesla, Meta, and IBM are set to report earnings. Kallum Pickering of Peel Hunt joins "Bloomberg Brief" on the risks around debt-financed growth. Bernard Mensah, President of Bank of America International joins Bloomberg's Francine Lacqua for an exclusive conversation at the Berlin Global Dialogue. (Source: Bloomberg)
US stock futures rose after strong results from SpaceX eased concerns over whether a global investment spree in artificial intelligence can prove sustainable. Meta investors will be looking for any updates on the company’s artificial intelligence spending when it reports quarterly results on Wednesday after the market close. They’ll also be watching for signs that the company is making progress in offsetting those costs by monetizing its cloud business. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Elon Musk said it’s a “good idea” to combine his rocket and car companies.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.
Elon Musk said SpaceX and Tesla Inc have formed special committees to explore a potential merger, a preliminary step towards what would rank as the largest corporate tie-up of all time. “I do think there’s a lot of merit to combining the companies,” Musk, the chief executive officer of both companies, said on Tuesday on SpaceX’s earnings webcast. “There’s a lot to be gained from cooperating on developing superintelligence software.” Musk said he is not taking part in the committee discussions...
Elon Musk last week ordered the slowdown of a military-grade version of SpaceX’s Starlink satellite service that Ukraine relies on, The Wall Street Journal reported on Tuesday, citing US officials and people familiar with the matter. Musk, SpaceX and the White House did not immediately respond to requests for comment. Reuters could not immediately verify the report. Ukraine uses Starlink for battlefield communications and drone operations. Restricting the satellite service hampered the...
The return of artificial-intelligence angst pushed Nasdaq futures lower on Tuesday, as South Korean neocloud company Elice Inc.’s debut tanked, spurring concern about the sustainability of the global AI boom. Investors are also on edge ahead of a spate of tech earnings this week, including SpaceX and Netflix Inc. after the bell.
US equity futures slip, pausing an AI recovery in stocks, after South Korean data center company Elice plunged in its trading debut. Ukrainian President Volodymyr Zelenskyy heads to Norway for fresh peace talks as tensions with the US deepens. SpaceX, Netflix, General Motors, RTX, and Northrop are set to report earnings. Jeanne Sun of Citigroup Global Markets joins "Bloomberg Brief" to discuss her outlook for this earnings season. (Source: Bloomberg)
Zelenskyy seeks answers to why SpaceX Starshield defence is failing
Matthew Bartolini, global head of research strategists, at State Street Investment Management, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Trump Accounts after Elon Musk announced this morning that he would distribute a share of SpaceX to each child in the US. (Source: Bloomberg)
US equity future rise as tech stocks look set to snap a 8-session losing streak. President Zelenskyy accuses President Trump of trying to push Ukraine to give in to Russia. Elon Musk says he'll give a SpaceX share to "every kid in America" next year. Ella Gude of BNY joins "Bloomberg Brief" to discuss the global AI trade and valuations. (Source: Bloomberg)
Tech billionaire Elon Musk said on Monday that he would give every child in the United States a share in his SpaceX rocket company. “Next year, I will give one of my SpaceX shares to every kid in America,” Musk, the richest man in the world, said on X. “This will be the first of many,” he said, without providing details about how the scheme would work. There are around 73 million children under the age of 18 in the United States, according to 2024 data from the US Census Bureau. Musk owns 38...
Tesla CEO Elon Musk showcased the vehicle at a facility owned by his SpaceX company, which helped develop the model.
India revised export levies on petrol and diesel for the next fortnight while keeping the duty on aviation turbine fuel unchanged, as the government continues to adjust the charges in line with international energy prices and domestic supply conditions, according to a Thursday circular.
Ross Gerber discussed Tesla’s anticipated Roadster unveiling, following a Barclays note suggesting Tesla and SpaceX could merge before year-end, potentially ahead of Tesla’s annual general meeting. Gerber said a high-priced car made in low volumes would not materially affect Tesla financially. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)