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SpaceX (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk could eventually need around $1 trillion of chip-manufacturing investment to feed his companies’ AI ambitions, according to ARK Invest. ARK chief futurist Brett Winton said on the firm’s Brainstorm podcast that...
The long-awaited public launch of the Cybercab has finally arrived but Tesla stock dropped after the company’s invite-only event on Thursday. Tesla teased a Cybercab event weeks ago, signaling the introduction of its purpose-built robo-taxis with no pedals or steering wheel. The launch took place and Tesla said Cybercab rides open to the public after the closing bell on Friday.
The largest expenditure, about $248,000, backed Texas Republican Ken Paxton
WestEnd Capital Management, an investment advisor, released its Q2 2026 investor letter. The letter can be downloaded here. WestEnd Capital Management’s Core Strategy achieved a 16.3% net return in the quarter, surpassing the S&P 500’s 15.0%. This performance stemmed from strong earnings generators and upward earnings revisions, showcasing U.S. companies’ efficiency in converting sales into profits. […]
Investing.com -- Elon Musk's tunneling startup, the Boring Company, recently closed an investment round that values the company at around $20 billion, according to reporting from The Wall Street Journal, citing people familiar with the matter. The company made an unusual demand of some investors in the latest funding round, requiring them to help build the business if they wanted to participate.
ARK Invest just loaded up on a rocket company trading at a fraction of SpaceX's valuation, and the timing raises a pointed question about whether the recent selloff is a warning sign or a once-in-a-cycle entry point.
SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.
Its valuation based on its last private funding round was close to $1 trillion. With the IPO, it aims to double that.
Tesla (TSLA) has launched its new driverless Cybercab at an event last night, rolling out the new autonomous vehicle as part of its robotaxi service in Austin, Texas, starting Friday night. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and Interactive Brokers Chief Strategist Steve Sosnick to discuss the latest autonomous addition to Tesla's lineup.
SpaceX's IPO is reshaping space investing, while diversified ETFs offer exposure to the industry's growth and help mitigate stock-specific risks.
Tesla just put driverless Cybercabs on Austin streets, but the loudest question on Wall Street has nothing to do with robotaxis. Prediction markets are pricing something far bigger, and it could redefine what Tesla even is by 2027.
Tesla's Cybercab made its Austin debut with rides and fanfare, but the launch raised more questions than it answered about scale, safety approvals, and who actually profits if the robotaxi bet pays off.
Nine hundred million dollars in call premium flooded into Tesla before the Cybercab reveal, and options desks called the flow notably bullish. What traders rarely tell you is why that kind of positioning usually misleads the people following it most closely.
London news outlet The Times recently reported that Russia’s effort to build a Starlink-like satellite constellation to help in its war efforts with Ukraine is failing. Russia has launched dozens of satellites, with many failing to reach the appropriate orbit, leaving Russian troops with limited ability to use satellites to guide drones. It is SpaceX’s space-based broadband product with thousands of satellites in orbit, millions of subscribers, and billions in annual earnings.
SpaceX put most of its capex into SpaceXAI, its AI division.
The Cybercab has finally arrived, with less fanfare than investors are used to. Tesla teased a Cybercab event weeks ago, signaling the introduction of its purpose-built robo-taxis, with no pedals or steering wheel. The launch took place and Tesla says Cybercab rides open to the public on Friday.
SpaceX debuted as one of the most anticipated IPOs in history, yet the stock still sits below its first closing price while one analyst has staked out a target that towers above every other call on Wall Street.
London news outlet The Times recently reported that Russia’s effort to build a Starlink-like satellite constellation to help in its war efforts with Ukraine is failing. Russia has launched dozens of satellites, with many failing to reach the appropriate orbit, leaving Russian troops with limited ability to use satellites to guide drones. Starlink has no such limitations.
SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA) shares advanced on Thursday, with SpaceX gaining 6. 42% and Tesla rising 5.
Analyst Gene Munster predicted Tesla would add 300 Cybercabs in Austin over the next month, calling it “just the start.”
Have we been getting SpaceX's profit potential wrong?
Anthropic is close to finalising an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a key hurdle before the AI company files publicly for its highly anticipated IPO. Morgan Stanley (NYSE:MS) is leading the process, with Goldman...
The modest uplift in fair value for Space Exploration Technologies from about US$213.50 to about US$222.32 signals a small reset in where analysts see the stock’s central case settling. That shift comes against a very wide range of Street price targets, from US$75 to US$800, as firms debate how sustainable the company’s current trajectory is and what that implies for valuation risk. As you read on, you will see how to track these moving targets and keep up with the evolving analyst story...
Barely three months after the largest IPO in history, Space Exploration Technologies Corp. (NASDAQ:SPCX) is no longer just viewed as a launch and satellite company. The company, in turn, has been expanding its horizons and is now viewed as an artificial intelligence infrastructure company. On September 2, Oppenheimer analyst Tim Horan raised the price target […]
Rocket Lab’s Electron offers dedicated launch dates, orbits and mission profiles, unlike shared Falcon 9 rideshare missions.
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