Elon Musk and AAPL Stock: Why Apple Hit a Record High Amid Chaos

AAPL hit $317.31 all-time high on July 13, 2026 — same week Apple sued OpenAI, Musk piled on, and SpaceX phone rumours spooked investors.
Elon Musk and AAPL Stock: Why Apple Hit a Record High Amid Chaos
Elon Musk & AAPL Stock — July 13, 2026 Summary: AAPL price today: $317.31 — all-time closing high as of July 13, 2026 YTD performance: Up 16.9% year-to-date; up 48.9% over the past year Why trending: Apple sued OpenAI on July 10 for trade secret theft — Musk immediately piled on publicly Musk's role: He has no position in AAPL — his involvement is commentary on X, using Apple's lawsuit to attack OpenAI CEO Sam Altman SpaceX phone rumour: WSJ reported July 1 that SpaceX showed investors a prototype iPhone competitor — Musk denied it; AAPL rose 1.7% the same day Apple vs OpenAI lawsuit: Apple alleges two former employees took confidential hardware designs to OpenAI — filed July 10, Northern California federal court Analyst consensus: Moderate Buy — average price target $327.20; Citi raised to $365 on July 13 Next catalyst: Apple Q3 earnings — expected July 30, 2026 Apple's stock hit an all-time high on Monday. The same company that spent the previous week suing its former AI part…

About the author

Gnaneshwar Gaddam is an Electrical Engineer based in Hyderabad with 15+ years of hands-on experience in PC hardware, software troubleshooting, cybersecurity awareness and tech advisory. He founded Digitnaut to cut through tech hype and deliver pract…

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