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Alexandra Merz, a longtime Tesla Inc. investor, said she deliberately avoided buying shares in SpaceX’s initial public offering because she expects Elon Musk to move quickly to combine the two companies.
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Bloomberg's Nikki Waller joins Scarlet Fu and Tom Keene on "Bloomberg Money." Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records (Source: Bloomberg)
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Bloomberg Markets
Roku Inc., the streaming video platform, is in talks to sell itself, people with knowledge of the matter said.
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Bloomberg Markets
Jack Lew, former US Treasury Secretary, joins Scarlet Fu and Tom Keene on "Bloomberg Money." Projections in the latest annual Social Security Trustees report moved the date when reserves run out up by the fourth quarter of 2032. At that point, it will only have enough to pay 78% of scheduled benefits.
(Source: Bloomberg)
Bloomberg Markets
Chevron Corp. is open to expanding its Middle East footprint despite the ongoing Iran conflict that has triggered an unprecedented disruption of global energy markets, said Chief Executive Officer Mike Wirth. He speaks to Annmarie Hordern at the Bloomberg Energy Security Executive Briefing in Houston. (Source: Bloomberg)
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