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SpaceX (SPCX) Lands Reflection AI Deal While KeyBanc Flags Starship Risks
Insider Monkey94d agoneutral
SpaceX (SPCX) Lands Reflection AI Deal While KeyBanc Flags Starship Risks

SpaceX (NASDAQ:SPCX) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More. On June 22, KeyBanc initiated the stock as Sector Weight; noting that it is fairly valued and that it doesn’t see a clear reason to buy or sell the stock at current levels. SPCX possesses significant disruptive growth avenues, […]

Gary Black Says 'The Math Doesn't Math' As SPCX Stock Stays Volatile After Blockbuster IPO— Compares Elon Musk-Led Company To Nvidia
Benzinga94d agoneutral
Gary Black Says 'The Math Doesn't Math' As SPCX Stock Stays Volatile After Blockbuster IPO— Compares Elon Musk-Led Company To Nvidia

Elon Musk-led Space Exploration Technologies Corp surged past $200 per share following its blockbuster IPO earlier this month, but investor Gary Black of The Future Fund LLC remained unconvinced by the commercial space flight giant’s valuation. SpaceX’s Valuation Concerns In a post on X on Tuesday, Black outlined that investors were overpaying for the company’s shares following the IPO. “Investors shouldn’t be paying 150x 2026 EV/EBITDA” for SpaceX. He then drew comparisons with chipmaker NVIDIA

Nervous investors await Micron earnings as chip sector whipsaws
Reuters94d agoneutral
Nervous investors await Micron earnings as chip sector whipsaws

The spotlight is on chipmaker Micron Technology as it prepares to report earnings, with investors bracing for further volatility following sharp market swings fueled by large flows tied to SpaceX and a two-day boom-bust in semiconductor stocks. Last ‌June, Micron was a well-known if somewhat obscure company with a market value of $136 billion and a long history, but not ‌necessarily one whose quarterly earnings reports caught investors' fancy. Fast forward a year, and Micron is one of the stars of the technology rally that has sent chipmakers around the world ​soaring, igniting a fresh trading frenzy even after a dozen or more months of AI excitement.

SpaceX Stock, Tesla Woes Cost Elon Musk His Trillionaire Status
Barrons.com94d agobearish
SpaceX Stock, Tesla Woes Cost Elon Musk His Trillionaire Status

The stock market selloff this week has been painful for investors but spare a thought for Elon Musk. The SpaceX and Tesla CEO has already lost his trillionaire status following a sharp drop in the share price of both companies. Tesla’s 5.8% drop Tuesday took Musk’s net worth to $957 billion, according to the Bloomberg Billionaires Index.