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SpaceX stock rose a little in early trading after the company completed a successful Starship test flight on Friday evening. Starship is SpaceX’s huge, fully reusable launch system designed to dramatically lower costs to reach space. SpaceX wants to build a constellation of AI computing satellites beginning in 2028.
On July 24, Elon Musk confirmed on X that he is now a former trillionaire. The tech tycoon's wealth skyrocketed following the initial public offering (IPO) of SpaceX (Nasdaq: SPCX) more than a month ago on June 12. The space technology and artificial intelligence (AI) company also ...
Cathie Wood's ARK Invest bought Tesla stock across four of its ETFs on Thursday, even as shares fell almost 15%.
SpaceX faces a major mission test tonight, just as it gambles Starship can take over for its lucrative Falcon launch business.
According to TheFly, HSBC analysts initiated their coverage of SpaceX with a ‘Hold’ rating and a price target of $115.
T-Mobile stock fell despite its Q2 earnings beat. Management rejected an expanded Starlink partnership, saying it would not create value.
SpaceX (NASDAQ:SPCX) short sellers have amassed an estimated $15. 5 billion in unrealized gains as the aerospace company’s shares continue to retreat from the highs reached shortly after its public market debut, according to data from Ortex Technologies cited by Reuters.
Tesla just posted record deliveries and Wall Street still hammered the stock lower by 8%, exposing a growing divide between what the company ships today and what investors are actually paying for.
Investing.com - Short sellers targeting SpaceX (NASDAQ:SPCX) had accumulated an estimated $15.5 billion in paper profit through Tuesday, July 22, according to Ortex Technologies data cited by Reuters, as the stock continued to unwind its spectacular post-IPO surge.
Stocktwits data showed retail sentiment is weak, declining to ‘extremely bearish’ on SPY and ‘bearish’ on QQQ.
The European chip maker, which also counts Apple and Tesla among its clients, raised its revenue target after having had upgraded its forecast in June.
Tesla stock fell about 0.5% before Wednesday's open. Heading into today's earnings call investors are eager for updates about robotaxis and Optimus robots, which are key to Tesla's push into AI.
Mega-IPOs don't necessarily become the biggest winners -- at least, not quickly.
Sometimes, a promising stock that's down 45% still isn't a bargain.
All three major US stock indexes were down Friday, as chipmakers led the way down on the final tradi
Stock Market Today: The Dow Jones index dropped Friday as Netflix stock plunged on earnings. SpaceX shares sold off on a canceled test flight.
U.S. markets bled amid rising AI concerns after Taiwan Semiconductor Manufacturing massively hiked its capital expenditures for 2026.
KeyBanc expects major stock unlocks beginning around Q2 earnings, potentially expanding tradable supply sharply.
Shares of SpaceX fell in after-hours trading Thursday after the company wasn’t able to launch its Starship rocket on a key test flight. SpaceX was proceeding toward the launch at 6:45 p.m. ET from its site near Brownsville, Texas, with its countdown clock ticking down. Then, the mission was aborted just as the Starship booster engines were supposed to start firing away, according to a company livestream.
SpaceX shares closed below their $135 IPO price for the first time, marking a sharp decline from the record high posted soon after the stock started trading last month.
Taiwan Semiconductor Manufacturing posted its fifth straight quarter of record earnings earlier today, but that wasn’t enough to cheer investors. The Nasdaq slipped 1.5%, with Sandisk Western Digital and Marvell among the biggest losers. The PHLX Semiconductor index was off 4.3%.
Rising short interest, a Starship test, earnings, and lockup expirations put SpaceX shares in focus.
(Bloomberg) -- Oracle Corp.’s ambitions to dominate the artificial intelligence buildout are running into a key hurdle: funding a spending spree without further damaging its credit standing.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOnePlus, Once Popula
Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies. Short sellers aim to sell borrowed shares to buy them back at a profit. (Reporting by Saqib Iqbal Ahmed)
SpaceX continues to be highly watched stock as the company prepares for its biggest rocket launch yet. Tonight's big event comes as SpaceX shares plumb new lows.
SpaceX has surrendered every post-IPO gain in five weeks, landing back at its offering price while one analyst quietly models a valuation that dwarfs the entire cloud computing industry. The question is whether that call is visionary or delusional.
New arrivals on the stock market often generate plenty of early hype. Their average early returns are less exciting.
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