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AMD filing reveals unexpected SpaceX and Nutanix bet
TheStreet39d agoneutral
AMD filing reveals unexpected SpaceX and Nutanix bet

Most investors watch what AMD builds. Fewer watch what it buys. A quarterly filing with the Securities and Exchange Commission just gave them a reason to look. Advanced Micro Devices (AMD) disclosed large equity stakes in two very different companies: Elon Musk's SpaceX (SPCX) and enterprise ...

Rocket Lab Rallies After Winning Space Force Contract
Barrons.com39d agobullish
Rocket Lab Rallies After Winning Space Force Contract

Rocket Lab shares rose Monday after the company announced it was selected to build a satellite bus—essentially the frame of a satellite—for the U.S. Space Force. Viasat selected Rocket Lab to build the satellite bus for the Space Force’s Protected Tactical SATCOM-Global program, which uses commercial providers for secure satellite communications for military use. It’s a nice win for Rocket Lab, and illustrates how the commercial space business is growing and changing.

Elon Musk Is $142 Billion Short Of A $1 Trillion Net Worth
24/7 Wall St.39d agoneutral
Elon Musk Is $142 Billion Short Of A $1 Trillion Net Worth

Elon Musk briefly crossed a threshold no individual had ever reached, then watched hundreds of billions vanish as SpaceX stumbled out of its IPO gate and Tesla bled market value through a brutal stretch. How far has the world's wealthiest person actually fallen?

Retail Investors Just Sold Space Exploration Technologies Corp. (SPCX) for the First Time. The Stock Also Just Reclaimed Its IPO Price
Insider Monkey39d agoneutral
Retail Investors Just Sold Space Exploration Technologies Corp. (SPCX) for the First Time. The Stock Also Just Reclaimed Its IPO Price

Retail investors sold a net $4.5 million of Space Exploration Technologies Corp. (NASDAQ:SPCX) stock on August 7. It was the first day of net selling since the company’s June 12 debut, according to Vanda Research data cited by Reuters. Two days earlier, the same retail crowd had been fourth-highest in net buying since the IPO. […]