Jim Cramer says he can't blame Tesla or SpaceX holders who see Elon Musk as 'the greatest businessman of our time,' even as Tesla posted a 17.5% EPS decline, negative $1B free cash flow, and a 1.4% operating margin in Q2. The debate turns on whether Tesla's AI and robotics pivot justifies its premium amid deteriorating core auto economics.
Source: insidermonkey.com · finance.yahoo.com
Elon Musk told The Economist that AI and robots will make money irrelevant within a decade. For finance professionals, the more actionable signal is his forecasting record: Mars promises have slipped by 15+ years. The piece argues investors should discount visionary claims without milestones.
Source: Victoria Devine · smh.com.au
SpaceX reports Q2 earnings Aug. 4 with an estimated $6.9B in revenue, but the simultaneous end of its IPO lockup could flood the market with insider shares, creating high volatility for SPCX investors.
Source: Brett Schafer (us) · Brett Schafer
SpaceX’s addition to the Nasdaq 100 on July 8 will force index trackers to buy shares, providing price support and reducing volatility. The stock, up 20% from its record IPO but sharply off its peak, will test market depth.
Source: dailymail.com · Calum Muirhead
SpaceX’s shares are down 32% from their peak just weeks after a record IPO, and Dan Ives gives an 80-90% odds on a Tesla merger. Markets now see a forced consolidation as the path to unlock value.
Meta’s planned Arena app targets the $10B+ prediction market, but with no money for now—a hedge against legal battles. Investors watch for revenue diversification potential and regulatory clarity for META.
After a frothy IPO, SpaceX's stock has stumbled 18% as investors digest a $2.59 billion operating loss and the risk that light pollution could derail its orbital AI data center ambitions, a core growth pillar.
Source: Daniel Foelber (us) · fool.com
Bitcoin is showing signs of a structural trend reversal as the Inter-Exchange Flow Pulse (IFP) metric crosses its 90-day moving average. Following a 45% drawdown from its 2025 highs, analysts suggest the current consolidation near $70,000 may represent a definitive cycle bottom.
MicroStrategy (referred to as Strategy) has acquired an additional 22,337 Bitcoin for $1.57 billion, bringing its total holdings to 761,068 BTC. Executive Chairman Michael Saylor argues that Bitcoin is the premier 'digital capital' capable of resisting the terminal value compression caused by AI-driven industry disruption.
Source: ibtimes.co.uk · Ibtimes
Elon Musk has announced the April launch of X Money, a financial super-app integration for X featuring peer-to-peer payments and a market-leading 6% APY. By leveraging Visa Direct and Cross River Bank, the platform aims to convert X's 600 million users into active banking customers, directly challenging incumbents like PayPal and Cash App.
Elon Musk is reportedly preparing to clear $17.5 billion in debt associated with X and xAI, resolving the long-standing 'hung debt' held by major banks since the 2022 acquisition of Twitter. This move, fueled by xAI's surging valuation, marks a significant turning point for Musk's financial empire and the leveraged finance market.
Source: bangladeshsun.com · tennesseedaily.com
Elon Musk has taken the stand in a San Francisco federal court to defend against shareholder allegations that he intentionally deflated Twitter's stock price during his 2022 acquisition. Investors claim Musk's public skepticism regarding bot accounts was a calculated tactic to lower the $44 billion purchase price.
Elon Musk’s X and xAI are moving to repay approximately $17.5 billion in outstanding debt in full, a massive deleveraging move managed by Morgan Stanley. This strategic cleanup follows SpaceX’s acquisition of xAI and comes as the aerospace giant prepares for a highly anticipated initial public offering later this year.
Source: Channelnewsasia · Reuters (fr)