Less than a week after its blockbuster $75 billion initial public offering, SpaceX has appointed veteran Sequoia Capital investor Roelof Botha to its board as an independent director. According to a regulatory filing, Botha will also join the aerospace giant’s audit committee effective immediately. Read: Siri AI: A deep dive into Apple’s new intelligent assistant…
Roelof Botha In a major corporate governance move following its blockbuster Wall Street debut, SpaceX has appointed prominent South African-born venture capitalist Roelof Botha to its board of directors. According to a regulatory filing submitted to the US Securities and Exchange Commission, Botha was elected as an independent common stock director effective 16 June 2026….
South African investors poured R179-million in just two days into SpaceX when it hit the public markets last week, with EasyEquities data revealing a frenzy of activity that has already made the stock the platform’s second-largest US dollar holding after Tesla. Retail investors moved fast when SpaceX began trading. On the first day, Friday, 12…
South African Elon Musk is the first person to be worth more than $1 trillion. (Graphic by Nicola Mawson, with images from Daniel Oberhaus and SpaceX) Pretoria-born Elon Musk has become the first person in the world to be worth more than $1 trillion after SpaceX’s share price gained 25.38% almost overnight to hit a…
SpaceX shares rose 3% in premarket trading on Wednesday, as the Elon Musk-led company extended a remarkable rally that’s seen the stock surge around 62% since a blockbuster IPO on Friday. Consistent gains for SpaceX this week pushed its market cap above Amazon on Tuesday, and it briefly surpassed Microsoft to become the fourth-largest company…
Nikolas Kokovlis | Nurphoto | Getty Images With SpaceX‘s stock rocketing during its first three days of trading, Elon Musk’s company is getting an assist from the Department of Justice, which asked a federal court in Mississippi to toss a case against the company brought by the NAACP. The suit was filed in April by…
SpaceX shares rose about 3% on Tuesday, as Elon Musk‘s rocket-builder continued its meteoric rise following a record-breaking IPO on Friday. With the skyrocketing share price, SpaceX is on the verge of topping Amazon in market cap. As of early Monday, SpaceX’s market cap stood at roughly $2.53 trillion, while Amazon is valued at about…
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
SpaceX is expected to debut on the United States’ public markets on Friday in what will be the largest initial public offering (IPOs). Artificial intelligence (AI) giants OpenAI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock…
SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The company, which also owns the X social media network, will begin trading…
