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Musk denies $800 billion SpaceX valuation reports

Dec 6 (Reuters) - Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800 billion valuation, calling them inaccurate. "SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity... Read More.

Volkswagen to invest $186 billion through 2030, CEO says

FRANKFURT, Dec 6 (Reuters) - Volkswagen Group plans to invest 160 billion euros ($186 billion) through 2030, its CEO Oliver Blume said, reflecting belt-tightening as Europe's top automakers faces a major crisis in its two key markets, China and the United States. Total... Read More.