Tag: SpaceX

SpaceX Stock Rises 7.6%, Boosting Elon Musk’s Net Worth Past $1 Trillion

Shares of SpaceX surged by 7.6% to reach $171.10, significantly boosting Elon Musk's estimated net worth back above the $1 trillion mark. This increase comes on the heels of a positive evaluation from Morgan Stanley, which recently described the shares as undervalued and recommended buying them. The investment bank's endorsement, coupled with strong rocket launch activity and SpaceX's investments in artificial intelligence, has driven...

Euro Hits 17-Month Low as France’s Debt Worries Grow

The euro has hit a 17-month low against the US dollar due to heightened investor concerns over France’s increasing debt and political instability across the eurozone. On Monday, the euro dropped approximately 0.8% to fall below $1.12, marking its weakest position since May 2025. This decline follows a broader trend, with the euro losing around 1.2% this month and slipping by about eight cents...
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