SpaceX may have held the biggest initial public offering of all time, but Wall Street may be expecting something even bigger from Elon Musk, the rocket company’s chief executive. Many of his fans and investors expect him to merge SpaceX with Tesla, the maker of electric cars where he is also chief executive, joining most…
I remember when, as a presidential candidate, Donald Trump lambasted Barack Obama for bailing out automakers after the financial crisis, an effort President Obama asked me to lead. The auto industry should have gone bankrupt and “rebuilt itself, through the free enterprise system,” Mr. Trump said then. So I couldn’t help being struck by the…
SiriusXM is in early-stage discussions to acquire iHeartMedia, a deal that would create an audio giant with a foothold in traditional and satellite radio and podcasts, two people familiar with the discussions said Friday. Should a deal come to fruition, it would be the culmination of years of speculation about a tie-up. Liberty SiriusXM Group,…
