Tag: SpaceX

SpaceX Stock Rebounds to Near $135 IPO Price After Strong Earnings

SpaceX shares climbed back toward their $135 IPO price after stronger-than-expected second-quarter revenue and a widely watched share unlock.

Norway Wealth Fund Posts Record $184 Billion Profit, Warns of Tougher Times

Norway's $2.3 trillion sovereign wealth fund reported a record $184 billion profit and disclosed a SpaceX stake, but warned of tougher times ahead.

Anthropic Could Seek $3 Trillion IPO Valuation, Topping SpaceX Record

Some investors expect AI developer Anthropic to seek a $2 trillion to $3 trillion IPO valuation, above SpaceX's $1.7 trillion record, a new report says.

SpaceX Shares Soar 11% as Wall Street Backs Musk’s AI Push

SpaceX shares jumped 11% as Wall Street bet on Elon Musk's push into 'real-world' AI, tying the rocket maker's valuation to its xAI and Grok ambitions.

Norway Wealth Fund Reveals $1.2 Billion SpaceX Stake, Posts Record $184 Billion Profit

Norway's sovereign wealth fund disclosed a $1.2 billion SpaceX stake for the first time while posting a record $184 billion profit.

SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

SpaceX Rebounds 11% as Argus Upgrade Backs Musk’s AI Investment Strategy

SpaceX shares jumped 11% after Argus upgraded the stock, backing its AI investment strategy and reversing recent investor concern over spending and lockup

SpaceX Shares Reverse Course as AI Spending Plans Rattle Investors

SpaceX shares reversed recent gains after the company unveiled aggressive AI spending plans, unsettling investors just days after its lockup expiration ral

SpaceX Shares Rise as Insider Lockup Expiration Frees Millions of Shares to Trade

SpaceX shares rose 2.5% even as its first lockup expiration freed over 900 million insider shares to trade, following a $541 million quarterly loss.

SpaceX Insider Lockup Expires, Freeing Billions in Shares as Stock Slide Caps Selling

SpaceX insiders gained their first chance to sell shares as an initial lockup expired, though a weak stock price will cap how much can be offloaded.

Scientists Confirm Wayward SpaceX Rocket Stage Slammed Into the Moon as Predicted

A discarded SpaceX rocket stage slammed into the moon near Einstein Crater on Wednesday after drifting off course for over a year, tracking experts confirm

SpaceX Endorsement Lifts Nvidia Shares as Musk Commits to Its AI Chips

Nvidia shares rose after Elon Musk said SpaceX will use only Nvidia chips to build its AI, offering a high-profile boost amid ongoing valuation debates.

SpaceX Shares Slide 10% as Surging AI Spending Overshadows First Earnings Report

SpaceX shares fell about 10% after its first earnings report revealed surging AI capital spending, even as Elon Musk moved up a $1 trillion revenue target

SpaceX Posts Revenue Surge in Debut Earnings on Strong Starlink Growth

SpaceX reported a sharp revenue rise in its debut quarterly earnings, driven by strong Starlink growth, after a turbulent post-IPO slump in its shares.

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