SpaceX makes $20 billion move to optimize its balance sheet

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy. The company announced an offering of senior unsecured notes expected to raise at least $20 billion. The move comes just a short time after SpaceX completed one of the largest initial public … Read more

Tesla tops American-Made Index for sixth-consecutive year

Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively. Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its … Read more

Tesla gets another layer of gamification with Free Supercharging on the line

Tesla Supercharging is getting yet another layer of gamification, as the company is rolling out a new competition that could win Free Supercharging miles. Tesla is ramping up its efforts to make vehicle ownership more engaging through gamification. In June 2026, the company announced the 2026 Free Supercharging Competition, building on the Charging Passport feature … Read more

Tesla just trademarked MEGAPOD: here’s what it is

Tesla just trademarked ‘MEGAPOD’ with the United States Patent and Trademark Office (USPTO), its latest move in what seems to be a hint that the company is incredibly focused on its AI efforts and storage needs as compute increases. The application carries serial number 99893717 and lists the applicant as Tesla, Inc., located at 1 … Read more

Elon Musk responds to SpaceX’s ESG rating and says its rockets won’t go electric

It is safe to say SpaceX won’t be going for electric rockets anytime soon. In a characteristically blunt reply on X, SpaceX frontman Elon Musk stated, “Unfortunately, electric rockets are impossible,” following reports that MSCI had assigned SpaceX its lowest possible ESG rating of CCC. The assessment, issued just this past week, coinciding closely with … Read more

SpaceX confirms third massive compute deal at Colossus data center

SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee. Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total … Read more

President Trump touts new Air Force One with Musk technology

President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service. The plane, valued at around $400 million and modified for presidential use, serves as a bridge … Read more

Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one

Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles. SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in … Read more