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Analysis-Tesla's China footprint complicates path to possible SpaceX merger

Analysis-Tesla's China footprint complicates path to possible SpaceX merger

Aug 4 (Reuters) - Tesla's electric vehicle business in China looms as a key hurdle to a potential merger between Elon Musk's automaker and SpaceX because of complications it could pose for the space firm's business with the U.S. government.
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Tesla's July China-made EV sales rise 37.8% y/y

Tesla's July China-made EV sales rise 37.8% y/y

BEIJING, Aug 4 (Reuters) - Tesla's China-made electric vehicle sales rose 37.8% in July from a year earlier, marking the ninth straight month of growth as the U.S. automaker reports a mixed performance across its  markets.
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Elon Musk Denies Tesla's Potential Sale of Chinese Business Amid Merger Speculation

Elon Musk Denies Tesla's Potential Sale of Chinese Business Amid Merger Speculation

Elon Musk Denies Tesla's Potential Sale of Chinese Business Amid Merger Speculation
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SpaceX's first results put Musk's AI spending under Wall Street microscope

SpaceX's first results put Musk's AI spending under Wall Street microscope

By Akash Sriram August 3 (Reuters) - SpaceX's first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink's profits can sustain the company's rapidly growing spending on AI and space ventures.
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Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says

Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says

By Samuel Shen and Yantoultra Ngui SHANGHAI/SINGAPORE, Aug 4 (Reuters) - Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial public
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Elon Musk Denies Rumors of Tesla Selling Chinese Business for SpaceX Merger

Elon Musk Denies Rumors of Tesla Selling Chinese Business for SpaceX Merger

Elon Musk Denies Rumors of Tesla Selling Chinese Business for SpaceX Merger
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Wall St futures edge up on Mideast deal hopes; healthcare in focus

Wall St futures edge up on Mideast deal hopes; healthcare in focus

Aug 3 (Reuters) - U.S. stock index futures edged higher on Monday as signs of de-escalating tensions in the Middle East weighed on crude prices, while investors prepared for another week packed with earnings and economic data.
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AstraZeneca held talks with Bristol Myers Squibb on $400 billion megadeal, source says

AstraZeneca held talks with Bristol Myers Squibb on $400 billion megadeal, source says

By Sabrina Valle and Michael Erman Aug 2 (Reuters) - AstraZeneca Plc and Bristol Myers Squibb held preliminary discussions about a possible combination that would create one of the world's biggest pharmaceutical companies with a combined value of nearly $400 billion, according to a person familiar
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SpaceX's satellite ambitions squeeze out rivals reliant on its rockets

SpaceX's satellite ambitions squeeze out rivals reliant on its rockets

WASHINGTON, Aug 4 (Reuters) - SpaceX is increasingly reserving space on its rockets to launch its own Starlink satellites, crowding out rival space companies that have long depended on Elon Musk's company to get their payloads into orbit.
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Exclusive-Chinese state traders make large US soybean purchases

Exclusive-Chinese state traders make large US soybean purchases

By Naveen Thukral and Ella Cao Aug 3 (Reuters) - China's state-run trading companies bought 14-16 cargoes of U.S. soybeans on Friday, four Asian traders told Reuters on Monday, taking advantage of lower prices in a flurry of purchases ahead of President Xi Jinping's expected U.S. visit next month.
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Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results

Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results

By Akash Sriram Aug 1 (Reuters) - SpaceX's first earnings call as a public company may be expected to focus on AI spending and profits from its Starlink satellite communications network, but many retail investors have other things on their minds.
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Elon Musk Denies Reports of Tesla's Potential Exit from China Amid Merger Speculations

Elon Musk Denies Reports of Tesla's Potential Exit from China Amid Merger Speculations

Elon Musk Denies Reports of Tesla's Potential Exit from China Amid Merger Speculations