In today’s world, Artificial Intelligence is seemingly taking centre stage among investors world over. That said, SpaceX’s record-setting IPO ambitions is signalling a quiet shift in how institutional money is rotating toward a new asset class,

With shares of Tesla Inc (NASDAQ: TSLA) continuing to trade on the back foot, investors are right to be wondering if the company's best days are behind it. Despite making a lot of noise about his vision to transform Tesla into the world's leading robotics and autonomy company,

The private aerospace company was formerly headquartered in Hawthorne, but still has a significant presence in the city after its headquarters were moved to Texas.

CNBC's MacKenzie Sigalos reports on the latest developments at SpaceX.

SpaceX prepares for a record-breaking $75B IPO with confidential SEC filing. New Nasdaq rules could add the company to Nasdaq-100 within 15 trading days.

Nasdaq will change a rule for its flagship stock index to allow newly public companies to gain entry much more quickly, in a move that would help SpaceX and other companies expected to have gigantic initial public offerings this year.

Elon Musk is preparing to allocate as much as 30% of the shares in SpaceX’s forthcoming IPO to retail investors, according to Reuters. The alleged move represents a significant departure from usual Wall Street practice.