Tesla, Inc. reports a stock market capitalization of US$88 billion in response to strong performances in the third- and fourth-quarter, surpassing General Motors and Ford Motor Company to become the most valuable automobile company in North America.
Shares from Saudi Aramco begin trading on the Riyadh stock exchange, where it surged to the maximum limit of 10% above its IPO price. This increased the company's worth to US$1.88 trillion, making it the most valuable publicly-traded company in the world.
The United States District Court for the Central District of California rejects a US$190 million defamation suit against entrepreneur Elon Musk by Tham Luang cave rescuer Vernon Unsworth. The lawsuit, considered to be the first major suit by a private individual over comments made on Twitter, was filed over Musk's insulting Tweets after Unsworth criticized his role in the rescue.
Amazon files a lawsuit against the United States Department of Defense for awarding a US$10 billion cloud computing contract to Microsoft. The company had previously accused the Department of bias in their decision, given CEO Jeff Bezos has been a vocal critic of U.S. President Donald Trump.