Becky Peterson
@beckpeterson.bsky.social
A journalist at The Wall Street Journal
Some Friday night scoopage: Musk’s other, other (other?) company is looking to cash in on SpaceX mania with a $4 billion funding round valuing the company at $20 billion. www.wsj.com/business/elo...
Exclusive | Elon Musk’s Boring Company Eyes $20 Billion Valuation in New Funding Round
The tunneling startup is in talks to raise around $4 billion from investors
wsj.com
Investors are growing impatient with Elon Musk as the bills come due on his most ambitious promises for SpaceX and Tesla. www.wsj.com/finance/stoc...
Me: Started off the morning with a dispatch from the field. The field:
Michael Scott in Times Square from The Office
ALT: Michael Scott in Times Square from The Office
static.klipy.com
Does it pay to be Elon's pal, or does friendship blossom when you get rich together? When I first profiled Antonio Gracias in 2023, Valor Equity Partners had an AUM of $14.3 billion. Last year, its AUM hit $59 billion, thanks to SpaceX's ever-multiplying valuation. www.wsj.com/business/mus...
Musk Confidant Antonio Gracias Set for $68 Billion SpaceX Win
Gracias and his firm Valor Equity Partners are the second-largest SpaceX shareholder.
wsj.com
Join me and Corrie Driebusch from 2 p.m. to 3 p.m. ET today for a live Q&A on SpaceX and its upcoming IPO on the The Wall Street Journal website. Put your questions in the comments and tune in for our discussion on the internet/rocket/AI company and what could be the biggest IPO of all time.
Live Q&A: Musk’s $75 Billion SpaceX IPO—Ask Us Your Questions
Join a live written chat with WSJ reporters from 2 p.m. – 3 p.m. ET. on June 5.
wsj.com
SpaceX's valuation has more than doubled since December and quadrupled from last summer.
Do you have to let it linger? Do you have to, do you have to
How to comprehend Elon Musk’s virtually incomprehensible wealth? For starters, he has made $3.6 million an hour over the last three decades.
If Elon Musk builds a sustainable colony on Mars (and hits financial targets) he can pass control of SpaceX onto his children. www.wsj.com/business/how...
How Supervoting Shares Tighten Musk’s Iron Grip on SpaceX
With supervoting shares and help from Texas state law, the CEO has worked to address governance issues he has faced at Tesla.
wsj.com
A decade ago, Tesla told customers that all new cars had the hardware needed to drive autonomously. Some people believed them. Now they're seeking a reckoning. www.wsj.com/business/aut...
Car Owners Are Revolting Over Tesla’s Self-Driving Promises
An international backlash is growing over outdated Tesla hardware.
wsj.com
Tesla is gearing up for production of the Cybercab, a car with no steering wheel, pedals or mirrors. At its Giga Texas factory, workers are prepping the assembly line to make hundreds of Cybercabs per week. www.wsj.com/business/aut...
Tesla’s Grand Plan for the Future Is a Car With No Steering Wheel
Musk’s vision for Tesla rests on the fully driverless Cybercab, but regulations could stand in the way.
wsj.com
Thrive Capital and A16Z are leading a new investment in Anduril that values the company at $60 Billion. New w/ @kateclark.bsky.social www.wsj.com/business/ent...
Thrive Capital, A16Z to Lead Anduril Investment at $60 Billion Valuation
Palmer Luckey’s defense technology company builds AI-powered autonomous weapons.
wsj.com
Friday, we broke the news that SpaceX is off Mars and into the moon. www.wsj.com/science/spac...
SpaceX Delays Mars Plans To Focus on Moon
Elon Musk’s rocket company had aimed to reach the red planet in 2026
wsj.com
Took a break from *all that* to visit Utah and talk to filmmakers about the future of their craft. My dispatch from the Sundance Film Festival its last year in Park City: www.wsj.com/arts-culture...
Sundance Is Moving to Boulder. Can the Indie Film Scene Move With It?
At this year’s festival in Park City, Utah, filmmakers and attendees bid farewell to its longtime home and late founder Robert Redford.
wsj.com
Lends more credence to this @beckpeterson.bsky.social joint from 2020 www.businessinsider.com/jeffrey-epst...
Jeffrey Epstein set Elon Musk's brother up with a girlfriend in effort to get close to the Tesla founder, sources say
Two sources said Jeffrey Epstein set Kimbal Musk, the brother of Tesla and SpaceX founder Elon Musk, up with a member of his entourage.
businessinsider.com
This email from designer Boris Nikolić to Elon Musk’s brother, Kimball Musk, is something else… “Kimbal — just fyi — you better be nice to [REDACTED]. Jeffrey goes crazy when someone mistreats his girls/friends. So better be very nice to her.”
In 2050, Adam Jonas expects to see dozens of drones buzzing past his Time Square office. The streets will be filled with AVs. Homes will be filled with bots. He forecasts $25 trillion in annual sales. I profiled Jonas, the man betting his reputation on a robotic future. www.wsj.com/tech/profile...
The Wall Street Star Betting His Reputation on Robots and Flying Cars
Morgan Stanley’s former autos analyst has big ideas in his new gig covering the robot economy.
wsj.com
Tesla is officially post-Sustainable Abundance. Pour one out for the copywriters forced into this alliteration by a Musk tweet.
Tesla sales are falling, BYD has taken the lead at the world's largest EV maker, and Elon Musk thinks enough people will want personal humanoid robots to make up for the company's swiftly declining automotive revenue. My story on Tesla's Optimus robot program: www.wsj.com/tech/elon-mu...
Inside Elon Musk’s Optimus Robot Project
The billionaire has bet Tesla’s future on humanoids, which for now rely on human helpers.
wsj.com
Takeaways From the FBI’s Second Batch of Epstein Files www.wsj.com/politics/pol...
Takeaways From the FBI’s Second Batch of Epstein Files
The Justice Department released thousands of more Epstein documents, including a fake passport and fake suicide clip.
wsj.com
Delaware Supreme Court has ruled that Musk gets his 2018 pay package, now valued at more than $126 billion. www.wsj.com/business/aut...
Tesla Wins Final Court Fight Over Elon Musk’s Pay Package
Delaware’s Supreme Court reversed a lower court’s decision to cancel the CEO’s 2018 pay package.
wsj.com
Wasn’t this a plot point in I Have No Mouth and I Must Scream?
xAI is raising $15 billion at a $230 billion valuation, Berber Jin and I reported last night. That's twice its last disclosed valuation from March. www.wsj.com/tech/ai/elon...
Exclusive | Elon Musk’s xAI Is in Advanced Talks to Raise $15 Billion, Lifting Valuation
Like other AI startups, the company is burning cash as it seeks to improve its flagship Grok chatbot.
wsj.com
Obsessed with a very niche aspect of the Epstein files: Epstein's apparent investment in failed startup Jawbone!