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Tesla Surges 7% as Market Valuation Hits $1.48 Trillion

Tesla shares surged over 7%, boosting the electric vehicle maker's market capitalization to $1.48 trillion. Simultaneously, Elon Musk's private aerospace company SpaceX saw its implied valuation clim…

Norway Wealth Fund Backs SpaceX With $1.22B Stake

Norway's $2.3 trillion sovereign wealth fund revealed a 0.05% stake in SpaceX worth $1.22 billion. The conservative fund's entry signals major institutional backing and validates SpaceX's valuation f…