A U.S. trust linked to sanctioned Russian senator and billionaire Suleiman Kerimov held a 1% stake in Elon Musk’s SpaceX before authorities blocked the trust, Bloomberg reported Wednesday, citing anonymous sources familiar with the matter.
Citigroup administered Heritage Trust and decided it didn’t need to block the trust’s assets after Suleyman Kerimov was sanctioned in 2018, according to people with knowledge of the matter
According to a recent Bloomberg broadcast, SpaceX is now valued at about $350 billion (€336.2bn). This value has been suggested to split with the Starlink bro
Suleyman Kerimov, a member of the Federation Council (the upper chamber of the Russian Parliament) and one of the country's richest men, has held a stake in Musk's SpaceX company through a trust fund even after the first Trump administration imposed sanctions on it.
SpaceX’s Starship rocket exploded just minutes into its seventh test flight, an unexpected setback after the Elon Musk-led company had made steady progress advancing the vehicle’s capabilities ...
T-Mobile partnered with SpaceX last year and launched a beta program for Starlink connectivity last December. However, the company originally only offered the option on Samsung ph
US President Donald Trump and SpaceX Chief Executive Officer Elon Musk issued separate statements Tuesday night in the US, claiming that SpaceX will “go get” two astronauts on the International Space Station “as soon as possible,
An exchange-traded fund from a relatively unknown shop is catching the attention of online traders and gathering flows after investing in Elon Musk’s SpaceX. The ERShares Private-Public Crossover ETF (ticker XOVR) has raked in more than $120 million since buying shares of the private rocket and satellite company in December.
Lockheed Martin, RTX lead defense earnings on Tuesday. General Dynamics, Northrop Grumman, L3Harris to report results this week.
A new earnings report painted a grim picture of Boeing’s finances. Can it recover while under scrutiny from Trump and Musk?
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