olivLaw · European equity research
Elon AB (publ) ELON.ST
Sweden · Nasdaq Stockholm · ISIN SE0001572520 · Vertical: Listed companies from Sweden
Elon AB is a Nordic home-goods retailer with a network of locally run stores in Sweden and Norway, plus private-label brands such as Nordanro and Canvac. Its relevance now lies in its reliance on consumer demand that is sensitive to inflation and interest rates, as described in the 2025 annual report.
At the close of 05 Nov 2026, Elon AB (publ) (ELON.ST) stock was 50.80 SEK (+4.53% on the day), with market capitalisation 754.6 m SEK, dividend yield 2.46%, beta 0.50, 52-week range 15.55–52.00 SEK.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 62.6
- strong (55–70)
- Bollinger (20, 2)
- 40.09 – 50.52
- above the upper band · %B 1.03 · band width 23.0%
- SMA 50 / 200
- 39.81 / 24.27
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 2.21 / 2.20
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +1.2% | −0.6% | +1.8 pp | — |
| 3 months | +166.7% | −4.2% | +170.8 pp | — |
| 6 months | +157.9% | +4.3% | +153.5 pp | — |
| Year to date | +201.5% | +7.5% | +194.0 pp | — |
| 1 year | +176.1% | +9.9% | +166.2 pp | −8.5% |
| 3 years | +82.1% | +49.8% | +32.2 pp | +12.3% |
| 5 years | −15.6% | +42.8% | −58.4 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 4.9 bn | 4.7 bn | 4.7 bn |
| Revenue YoY | unavailable | −3.3% | −1.2% |
| Net income | -16.7 m | -23.1 m | -99.4 m |
| Net income YoY | unavailable | unavailable | unavailable |
| Diluted EPS | -1.12 | -1.56 | -6.69 |
| Diluted EPS YoY | unavailable | unavailable | unavailable |
| net % | -0.3% | -0.5% | -2.1% |
| Free cash flow | 157.7 m | -5.5 m | 151.1 m |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 26.0 m SEK
- Financial debt
- 1.4 m SEK
- Net debt
- -24.6 m SEK
- Equity
- 368.1 m SEK
- Total assets
- 1.8 bn SEK
- Debt / equity
- 0.00x
- Current ratio
- 1.08x
- ROE
- -23.1%
- ROA
- -5.0%
- FCF margin
- 3.2%
Financial statements (source on every figure)
Revenue and net income (SEK)
Margins
Income statement · SEK
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 4.9 bn | 4.7 bn | 4.7 bn | esef· 26 Oct 2026verified |
| Operating income | 4.7 m | -23.2 m | -41.1 m | esef· 26 Oct 2026verified |
| Depreciation & amortisation | 95.0 m | 98.3 m | 106.0 m | esef· 26 Oct 2026verified |
| EBITDA | 99.7 m ≈ | 75.1 m ≈ | 64.9 m ≈ | esef· 26 Oct 2026derived |
| Interest expense | 25.3 m | 19.4 m | 32.9 m | esef· 26 Oct 2026verified |
| Pre-tax income | -11.9 m | -31.7 m | -95.3 m | esef· 26 Oct 2026verified |
| Income tax | 4.7 m | -8.7 m | 4.0 m | esef· 26 Oct 2026verified |
| Net income | -16.7 m | -23.1 m | -99.4 m | esef· 26 Oct 2026verified |
| Diluted EPS | -1.12 | -1.56 | -6.69 | esef· 26 Oct 2026verified |
| Dividend per share | 1.25 | — | 1.25 | esef· 26 Oct 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · SEK
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 130.2 m | 53.1 m | 26.0 m | esef· 26 Oct 2026verified |
| Inventories | 604.4 m | 658.1 m | 582.7 m | esef· 26 Oct 2026verified |
| Current assets | 1.6 bn | 1.5 bn | 1.3 bn | esef· 26 Oct 2026verified |
| Property, plant & equipment, net | 69.0 m | 63.0 m | 37.4 m | esef· 26 Oct 2026verified |
| Goodwill | 43.8 m | 87.1 m | 92.3 m | esef· 26 Oct 2026verified |
| Intangibles (excl. goodwill) | 91.4 m | 85.6 m | 79.6 m | esef· 26 Oct 2026verified |
| Total assets | 2.2 bn | 2.1 bn | 1.8 bn | esef· 26 Oct 2026verified |
| Short-term debt | 0 | 78.4 m | 0 | esef· 26 Oct 2026verified |
| Long-term debt | 0 | 3.0 m | 1.4 m | esef· 26 Oct 2026verified |
| Current liabilities | 1.4 bn | 1.4 bn | 1.2 bn | esef· 26 Oct 2026verified |
| Equity | 511.3 m | 491.5 m | 368.1 m | esef· 26 Oct 2026verified |
| Shares outstanding at year end | 14.9 m | 14.8 m | 14.9 m | esef· 26 Oct 2026derived |
Cash flow · SEK
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 173.5 m | 3.6 m | 157.5 m | esef· 26 Oct 2026verified |
| Capex | 15.8 m | 9.1 m | 6.4 m | esef· 26 Oct 2026verified |
| Free cash flow | 157.7 m ≈ | -5.5 m ≈ | 151.1 m ≈ | esef· 26 Oct 2026derived |
| Investing cash flow | -18.7 m | -60.1 m | -22.4 m | esef· 26 Oct 2026verified |
| Financing cash flow | -76.6 m | -20.6 m | -162.2 m | esef· 26 Oct 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 56.2% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 754.6 m SEK
Key indicators
Coverage and freshness
Score by group
56% · Insufficient data
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 56.2% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | -8.0% | 13 (vs peers) | 19% |
| Net margin · Quality | -2.1% | 17 (vs peers) | 11% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | -0.4x | 100 (on a fixed band) | 19% |
| Interest coverage · Balance sheet | -1.3x | 0 (on a fixed band) | 11% |
| Current ratio · Balance sheet | 1.1x | 24 (on a fixed band) | 7% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | 11.2x | 34 (on a fixed band) | 19% |
| FCF yield · Valuation | 20.0% | 100 (on a fixed band) | 15% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet55/100 · 3/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality14/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation63/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Elon AB (publ) (ELON.ST). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 4.7 bn SEK in 2025; YoY growth -1.2%; net margin -2.1%; ROE -23.1%; net debt/EBITDA -0.4x.
The estimated value range is 21.43–34.48 SEK per share (median of 3 methods, agreement: low); assumptions are illustrative. Against the central value of 24.90 SEK, the price of 50.80 SEK leaves a potential of -51.0% (value / price − 1) and a margin of safety of -104.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 56.2% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net debt / EBITDA: -0.4x
- FCF yield: 20.0%
What contradicts it
- ROIC: -8.0%
- Net margin: -2.1%
- Interest coverage: -1.3x
- Current ratio: 1.1x
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, P/E (TTM), Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from Sweden · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| ALFA.STAlfa Laval AB | 223.0 bn | 27.0 | 19.4% | 11.9% | +4.1% | +21% / +38% |
| BOL.STBoliden Ab | 143.0 bn | 15.2 | 13.3% | 10.1% | +4.8% | +12% / +81% |
| CAST.STCastellum Aktiebolag | 66.6 bn | 71.0 | 1.2% | 9.8% | −2.6% | +27% / +6% |
| AAK.STAak Ab (publ) | 47.5 bn | 13.9 | 17.2% | 7.5% | +2.2% | −31% / −14% |
| CAMX.STCamurus AB | 42.5 bn | 58.5 | 19.5% | 32.5% | +21.3% | +16% / +55% |
| BRAV.STBravida Holding AB | 30.1 bn | 24.5 | 13.7% | 4.4% | −4.9% | +84% / +123% |
| ASKER.STAsker Healthcare Group AB | 29.8 bn | 60.5 | 9.8% | 2.9% | +11.7% | −18% / unavailable |
| ALLEI.STAlleima AB | 22.7 bn | 33.8 | 4.1% | 3.6% | −5.4% | +11% / +19% |
| BURE.STBure Equity AB | 22.6 bn | — | -21.0% | — | unavailable | +20% / +19% |
| AQ.STAQ Group AB | 19.7 bn | 29.2 | 14.9% | 7.5% | +6.0% | +14% / +119% |
| ALTRA.STAltra Fastigheter AB | 18.4 bn | 33.9 | 3.0% | 15.1% | −2.2% | +9% / +19% |
| ATT.STAttendo AB (publ) | 16.8 bn | 20.7 | 15.1% | 4.3% | +0.1% | +34% / +223% |
| AFRY.STAfry Ab | 14.9 bn | 18.7 | 6.2% | 3.1% | −5.2% | −17% / +4% |
| ATRLJ-B.STAtrium Ljungberg AB | 14.0 bn | 17.1 | 2.9% | 23.9% | −2.0% | −33% / −44% |
| ALIG.STAlimak Group AB (publ) | 12.7 bn | 21.3 | 8.2% | 8.8% | −3.2% | −18% / +50% |
| ACAD.STAcadeMedia AB | 12.7 bn | 15.5 | 12.7% | 4.3% | +9.7% | +22% / +138% |
| APOTEA.STApotea AB (publ) | 10.7 bn | 46.8 | 31.3% | 3.2% | +10.1% | +15% / unavailable |
| BOOZT.STBoozt AB | 10.6 bn | 37.9 | 10.4% | 3.6% | +0.5% | +58% / +44% |
| BUFAB.STBufab AB (publ) | 5.0 bn | 9.2 | 15.1% | 6.9% | −7.4% | +36% / +110% |
| ACTI.STActive Biotech AB (publ) | 4.9 bn | — | -84.5% | — | unavailable | −32% / −77% |
| CEVI.STCellaVision AB | 4.7 bn | 30.8 | 18.0% | 20.2% | +4.9% | +20% / +12% |
| COOR.STCoor Service Management Holding AB | 4.7 bn | 18.2 | 13.0% | 2.2% | +16.7% | +1% / +25% |
| BHG.STBHG Group AB | 4.5 bn | 31.1 | 2.5% | 1.4% | +6.2% | −18% / +113% |
| CARA.STCarasent AB (publ) | 1.8 bn | 51.7 | 4.1% | 10.1% | +24.9% | −8% / +87% |
| BICO.STBICO Group AB | 1.7 bn | — | -46.0% | -72.7% | −13.3% | +16% / −51% |
1- and 3-year price returns: for ELON.ST from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (SEK)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Elon AB is a Nordic home-goods retailer with a network of locally run stores in Sweden and Norway, plus private-label brands such as Nordanro and Canvac. Its relevance now lies in its reliance on consumer demand that is sensitive to inflation and interest rates, as described in the 2025 annual report.
SWOT
Strengths
- The network of local stores run by independent retailers builds close customer relationships and a recognised name.
- Central purchasing and shared logistics provide scale advantages and good terms with suppliers.
- The Nordanro and Canvac private-label brands allow differentiation and greater control over range and pricing.
Weaknesses
- The business depends on consumer demand in a few markets, making the company sensitive to regional economic downturns.
- Large stocks of home electronics expose the company to the risk of obsolescence and write-downs.
- The majority shareholder holds a very large stake, which may limit the influence of other investors on decisions.
Opportunities
- Developing repair services and circular-economy programmes could open new revenue from the product life cycle.
- Expanding private-label brands and specialist concepts could improve margins in high-demand product categories.
- Selected international markets offer growth potential, if the franchise-based model proves transferable.
Threats
- High inflation and interest rates may reduce consumer spending on home goods and renovations.
- E-commerce and specialist competitors could erode market share and add pressure on prices.
- Geopolitical uncertainty and currency fluctuations may affect purchasing costs and financial results.
Risks
- Consumer demandhigh
A fall in demand for home goods, caused by macroeconomic conditions, could affect sales and results.
- Goods pricing and availabilitymedium
Dependence on suppliers and changes in purchase prices could reduce margins if they cannot be passed on to customers.
- Currency riskmedium
Exposure to transactions in different currencies may affect the reported costs and revenues.
- Inventory riskmedium
Large stocks of home electronics could generate losses if products become obsolete.
- Credit risklow
Credit sales to customers could generate losses, although the company says historical credit losses have been limited.
Investment thesis
What would need to be true (bull case)
- If the Nordic economy recovers and renovation demand rises, the local store network and private-label brands could support sales growth.
- If Nordanro and Canvac increase their share of sales, the company's margins could benefit from differentiation and range control.
- If repair services and circular-economy programmes develop, Elon could generate additional revenue across the product life cycle.
What would break the thesis
- If inflation and interest rates stay high, consumers could postpone home purchases, pressing sales.
- If e-commerce and specialist competitors gain market share, price pressure could reduce the company's margins.
- If large stocks of home electronics become obsolete, the company could record write-downs and further losses.
What to watch
- Development of sales and margins in the Nordanro and Canvac private-label brandsNext quarterly report
- Impact of inflation and interest rates on demand for home goods2027
- Development of the service and repair business and recycling programmes2027
- Decision on possible application of CSRD rules and effect on reportingNext annual report
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The company also runs private-label brands that support margins and control over the range, including Nordanro for kitchens and storage, sold through Elon stores and dedicated concept stores, and Canvac for climate, heating and indoor air 1. Canvac includes heat pumps and air purifiers sold in Elon stores in Sweden and Norway and through independent resellers 1. Elvita is described as a strategic tool for controlling range and pricing 1.
Elon also promotes installation, service and repair offerings, as well as circular-economy initiatives such as product return and recycling flows 1. The company reports on sustainability using a double materiality analysis, although it is not legally required to report under CSRD 1.
Segments
Nordanro private label
Nordanro is the private-label brand for kitchens and storage solutions, covering kitchens, storage, bathroom, laundry and hall ranges, sold through Elon stores and Nordanro concept stores 1. The offer includes concepts such as Nordanro Flex and Nordanro Nya Luckor, for full or limited renovations 1.
Market context
Elon operates mainly in Sweden and Norway, with presence in some selected international markets, and competes with small and large physical retailers as well as e-commerce 1. The annual report indicates that demand for its products depends on macroeconomic conditions, inflation and interest rates 1.
The Nordic home-goods retail market is shaped by discretionary consumer spending and the general economic climate, factors the company monitors continuously to adjust its operations 1.
Trends
- Inflation and interest-rate pressure on consumptionheadwind
The company states that demand, inflation and currency risks had a significant impact during 2025 and are expected to remain relevant in the following year 1. If buyers postpone renovations and home purchases, demand for Elon products could fall 1.
- Focus on private label and marginstailwind
The private-label brands Nordanro and Canvac are presented as means of differentiation and of improving margin conditions, which could support profitability if their sales grow 1.
- Circular economy and repair servicesmixed
Elon is developing its service and repair business and aims to increase the share of recycled material, which may open new opportunities across the product life cycle 1. The cost and complexity of these programmes may however limit their short-term impact on results 1.
- Regulation and sustainability reportingmixed
The company is not yet subject to CSRD obligations but has chosen to draw on the ESRS standards, which could prepare it for possible future requirements 1. If the rules are extended, compliance costs could rise 1.
Competitive position
Elon competes with other home-goods retailers and with e-commerce platforms in the region, which offer different prices and ranges 1. The company's strength rests on its network of local stores, central purchasing and long-term customer relationships 1.
Private-label brands and specialist advisory in its stores are the means through which Elon seeks to differentiate itself from retail and online competitors 1.
- Physical home-goods retailers in Northern Europe
Regional competitors referred to generically in the report, without individual identification.
- E-commerce platforms
Online competition is mentioned as pressure on prices and distribution, without named players in the source.
- Specialist kitchen retailers
Specialist competitors are directly targeted by the Nordanro concept described in the report.
- Climate and heat-pump suppliers
The Canvac range competes with other suppliers in the climate and indoor air segment.
News & filings
In the press
- Guvernatoarea aleasă a Texasului vrea să suspende proiectele de centre de date pentru AI până la introducerea unor măsuri de protecțieG4Media · 06 Nov 2026 · RO
- "Joia neagră" pe Wall Street. Companiile de tehnologie au pierdut 2.500 de miliarde de dolari, iar bursa americană se prăbușeșteLibertatea.ro · 06 Nov 2026 · RO
- BREAKING | Wall Street și piețele din Asia, prăbușite după alegerile din SUA: Giganții tehnologici pierd 3.200 de miliarde de dolari, cât 7 PIB-uri ale României / Trump dă vina pe democrați / Temeri că nu se va mai investi în AIG4Media · 06 Nov 2026 · RO
- Wall Street și piețele din Asia, prăbușite după alegerile din SUA: Giganții tehnologici pierd 3.200 de miliarde de dolari, cât 7 PIB-uri ale României / Trump dă vina pe democrați / Temeri că nu se va mai investi în AIG4Media · 06 Nov 2026 · RO
- Wall Street prăbușit după alegerile din SUA: Giganții tehnologici pierd 3.200 de miliarde de dolari, cât 7 PIB-uri ale României / Trump dă vina pe democrați / Au fost afectate și bursele din Coreea de Sud și Japonia / Temeri că nu se va mai investi în AIG4Media · 06 Nov 2026 · RO
- Congresul SUA se pregătește pentru o confruntare cu Elon Musk. Întrebarea fundamentală la care congresmenii democrați spun că vor să obțină un răspuns de la miliardarHotNews.ro · 06 Nov 2026 · RO
- T-Mobile owner on Elon Musk launching a wireless carrier: ‘Welcome to the party’The Verge · 05 Nov 2026 · EN
- Prăbușire pe Wall Street: giganții tehnologici pierd 2.000 de miliarde de dolari, cât patru PIB-uri ale României. Nvidia și Tesla, în cădereMediafax · 05 Nov 2026 · RO
- Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midtermsCNBC — Top News · 05 Nov 2026 · EN
- The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $450 billion two-day wipeoutMarketWatch — Top Stories · 05 Nov 2026 · EN
- Extrema – dreaptă din Europa se distanțează de TrumpSpotMedia.ro · 05 Nov 2026 · RO
- Analiză Reuters. Democrații au dat semnale publice că vor investiga afacerile familiei președintelui, donatorilor și colaboratorilor republicanilor, după preluarea controlului asupra Congresului. Vor încerca să facă din corupție una din temele centrale în campania electorală din 2028.Biziday.ro · 05 Nov 2026 · RO
- Planurile spațiale ale lui Jeff Bezos, date peste cap de o explozie. Blue Origin amână până în 2027 următoarea lansareMediafax · 05 Nov 2026 · RO
- A Trump-kormány és csatolt részeinek vizsgálatai, idézések, törvények: ezek várhatók a demokraták tarolása utánTelex English (HU) · 05 Nov 2026 · EN
- Democrații pregătesc o anchetă împotriva lui Musk în legătură cu restricțiile impuse comunicațiilor militare prin satelit în UcrainaDigi24 · 05 Nov 2026 · RO
- Specialiști în domeniul spațial avertizează că Rusia pare a fi simulat un atac asupra unui satelit comercial occidental, luna trecută, când s-a apropiat periculos de mult de satelitul unei companii finlandeze. În prezent, alți doi sateliți rusești se îndreaptă spre un al doilea aparat spațial al aceleiași companii.Biziday.ro · 05 Nov 2026 · RO
- JUST IN - Hillary Clinton calls for Elon Musk testimony before Congress even if …Telegram — Insider Paper (EN, defense leaks) · 05 Nov 2026 · EN
- Victoria democraților la alegerile din SUA îi dă speranțe lui Volodimir Zelenski: „Vom beneficia de un sprijin mai mare”Libertatea.ro · 05 Nov 2026 · RO
- SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff BuildsBloomberg Markets · 05 Nov 2026 · EN
- US Democrats planning to investigate Musk's actions over Starlink throttling for Ukraine, CNN reportsUkrainska Pravda (UA, EN) · 05 Nov 2026 · EN
Annual reports (ESEF)
- Annual report 202526 Oct 2026
- Annual report 202408 May 2025
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Elon AB (publ) · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.