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SoftBank Targets $4.9 Billion via T-Mobile Share Sale, Bloomberg Reports

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SoftBank Group Corp is planning to raise nearly $4.9 billion through an overnight block sale of shares in T-Mobile US, according to a report by Bloomberg News on Monday. The Japanese tech conglomerate is offering to sell 21.5 million T-Mobile shares at a price range of $224 to $228 per share.

The proposed sale price reflects a discount of over 3% from T-Mobile’s closing price of $230.99 on Monday. The stake represents approximately 1.9% of T-Mobile’s outstanding shares, based on Reuters calculations. Bank of America is reportedly handling the deal.

Neither SoftBank nor T-Mobile has issued public comments in response to the report.

SoftBank’s decision to divest part of its T-Mobile holdings comes shortly after it reported a 1.15 trillion yen ($7.94 billion) profit for the fiscal year ending March 2025, rebounding from a 227.6 billion yen loss the previous year. The move also signals SoftBank’s continued strategy of realizing gains from past tech investments to support its broader portfolio, which has included both major successes like Alibaba and high-profile failures like WeWork.

The sale is being conducted as an unregistered offering, typically structured to appeal to institutional investors without going through full regulatory disclosures.

Tesla Shares Bounce Back After $152 Billion Drop Amid Musk-Trump Fallout

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Tesla shares recovered nearly 4% on Friday following a steep $152 billion market value wipeout triggered by a public spat between CEO Elon Musk and former U.S. President Donald Trump. The clash erupted over Trump’s criticism of a tax and spending bill that threatens to end the $7,500 electric vehicle (EV) tax credit by 2025, a move Musk openly opposed.

Earlier reports suggested that Musk and Trump might hold talks to ease tensions, with Musk signaling openness to a détente on his social platform, X. However, a White House official indicated that Trump was not interested in engaging with Musk. In a CNN interview, Trump dismissed Musk, saying, “I’m not even thinking about Elon,” and described him as having “got a problem.”

The conflict escalated when Trump threatened to cut government contracts with Musk’s companies, including SpaceX. Analysts warn that this feud could pose multiple risks for Tesla, especially as regulatory bodies like the U.S. Transportation Department influence the future of autonomous vehicle production—a key part of Tesla’s ambitions.

Despite the recent volatility, Tesla shares remain highly valued, trading at roughly 120 times expected earnings—far above many automakers and tech giants such as Nvidia. The stock has fallen 26.9% year-to-date, with Thursday’s 14% plunge reflecting investor concerns over Musk’s increasingly polarizing political stance.

Since Musk publicly supported Trump’s 2024 presidential bid last July, Tesla’s stock has experienced wild swings. Initial optimism about reduced regulatory burdens for robotaxis gave way to softness in vehicle sales and brand damage related to Musk’s politics. While initial hopes were that strong sales among Republican voters would balance out losses from liberal consumers, experts now warn that Musk’s confrontational posture risks alienating both sides.

“By alienating Republicans, Musk risks losing any remaining support, potentially triggering a collapse in Tesla’s brand perception,” said Evan Roth Smith, political strategist and co-founder of Slingshot Strategies.

Tesla did not immediately respond to requests for comment.

Trump-Musk Feud Triggers $150 Billion Wipeout in Tesla Market Value

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Tesla shares plummeted 14% on Thursday, erasing $150 billion in market value, as a public feud between U.S. President Donald Trump and Tesla CEO Elon Musk rattled investors. The stock selloff occurred despite no major company-specific news, as traders reacted to escalating tensions between the two high-profile figures.

The dispute began when Trump criticized Musk’s opposition to his administration’s tax bill, which includes provisions that would eliminate federal subsidies for electric vehicle (EV) purchases. Musk responded by attacking Trump’s policies on social media, further intensifying the confrontation. Trump later escalated his rhetoric, suggesting that terminating government subsidies and contracts with Musk’s companies could save the federal government billions of dollars.

The spat poses multiple risks for Tesla, especially as it tries to navigate a shifting regulatory landscape. The U.S. Transportation Department, which regulates vehicle safety standards, could become an obstacle to Musk’s ambitions of mass-producing autonomous robotaxis — a cornerstone of Tesla’s future growth strategy. The department is also investigating Tesla’s Full Self-Driving system following a fatal crash.

“Elon’s politics continue to harm the stock,” said Dennis Dick, chief strategist at Stock Trader Network. “First he aligned with Trump, upsetting Democratic buyers. Now he’s alienated the Trump administration.” Analysts warn that political fallout could also influence regulatory decisions that disproportionately affect Tesla, particularly if regulators mandate technologies like lidar, which Tesla currently avoids in favor of camera-based systems.

The market rout has also dented Musk’s personal wealth. Following Thursday’s selloff, his net worth fell by roughly $27 billion to $388 billion, according to Forbes.

Investors are increasingly concerned about Tesla’s exposure to political headwinds as well as its heavy reliance on government incentives. Trump’s budget proposal includes ending the popular $7,500 EV subsidy by late 2025, which could slash Tesla’s annual profit by $1.2 billion and hit regulatory credit sales by an additional $2 billion, according to J.P. Morgan estimates.

Despite these risks, Tesla remains the most valuable automaker globally with a market capitalization of around $1 trillion — more than triple that of Toyota. However, some investors question the stock’s lofty valuation, which trades at 150 times profit estimates. “I am short Tesla. I don’t understand its valuation or fundamentals. I think it’s overhyped,” said Bob Doll, chief investment officer at Crossmark Global Investments.

Tesla’s stock has been highly volatile since Musk endorsed Trump’s reelection bid in mid-2024. After an initial 169% surge, shares have since fallen 54% amid protests and weakening sales in major markets including Europe, China, and key U.S. states like California.

While Transportation Secretary Sean Duffy has already moved to ease some autonomous vehicle safety regulations, experts caution that federal regulators could still shape rules in ways that disadvantage Tesla. “With President Trump, being on his bad side always creates risk,” said Morningstar analyst Seth Goldstein, though he noted that broader industry pressure may limit targeted retaliation.

Ultimately, analysts suggest the political drama could overshadow Tesla’s ambitious AI and autonomous driving plans, which Wedbush previously valued at up to $1 trillion in potential market capitalization.