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Jim Cramer Discusses Chevron During Presidential War Related Talks
Insider Monkey66d agoneutral
Jim Cramer Discusses Chevron During Presidential War Related Talks

Chevron Corporation (NYSE:CVX) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. Cramer discussed the stock in light of the President’s comments, as he said: If you’re wondering why we don’t make investing decisions based on what the President says about the war, it’s […]

Jim Cramer on Microchip Technology Incorporated: “I Think It’s Terrific”
Insider Monkey66d agoneutral
Jim Cramer on Microchip Technology Incorporated: “I Think It’s Terrific”

Microchip Technology Incorporated (NASDAQ:MCHP) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. A caller mentioned that they bought “half a position” in the stock, and asked whether they should add more. Cramer replied: It’s good. That’s industrial internet. I think it’s terrific. I […]

Jim Cramer on Fluence Energy: “It’s Got to Make Money”
Insider Monkey66d agoneutral
Jim Cramer on Fluence Energy: “It’s Got to Make Money”

Fluence Energy, Inc. (NASDAQ:FLNC) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. Answering a caller’s query about the stock, Cramer said: When is Fluence going to make money?… It’s got to make money, and that’s why it is not going higher. Fluence Energy, […]

Jim Cramer Shows Enthusiasm Around Honeywell’s Aerospace Business Spin-Off
Insider Monkey66d agoneutral
Jim Cramer Shows Enthusiasm Around Honeywell’s Aerospace Business Spin-Off

Honeywell International Inc. (NASDAQ:HON) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. Cramer highlighted the stock’s rally, as he remarked: You know, I’ve been pretty darn enthusiastic about Honeywell’s plan to spin off its aerospace business later this month, and today the market […]

Jim Cramer Notes “Carvana Was a Great Buy for Us”
Insider Monkey66d agobullish
Jim Cramer Notes “Carvana Was a Great Buy for Us”

Carvana Co. (NYSE:CVNA) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. When a caller mentioned the stock during the episode, Cramer said, “Carvana was a great buy for us. Great buy that we got. Garcia did a good job for us.” Carvana Co. […]

SpaceX (SPCX) Stock After 19.2% YTD Gain And New Space Race Headlines
Simply Wall St.66d agoneutral
SpaceX (SPCX) Stock After 19.2% YTD Gain And New Space Race Headlines

If you are wondering whether Space Exploration Technologies is priced fairly or not, the current share price of US$160.95 is a good starting point, but it rarely tells the whole story on its own. The stock has returned 19.2% year to date, which can change how the market views both its growth potential and its risk profile. Recent headlines around Space Exploration Technologies have focused on its role in the new space race and its position within the broader telecom sector. This coverage can...

Musk says SpaceX could bring $1 trillion in revenue by 2030
Reuters66d agoneutral
Musk says SpaceX could bring $1 trillion in revenue by 2030

Elon Musk said on Sunday that his rocket company, SpaceX, ‌could bring in $1 trillion in revenue ‌by 2030, making the statement two days after the ​company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he ‌wrote on his ⁠social media platform X, replying to journalist and financial commentator Jon Erlichman. SpaceX ⁠on Friday became the sixth-largest U.S. firm, cementing Musk's status as the world's first ​trillionaire.

Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake
The Wall Street Journal66d agobullish
Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake

Gina Rinehart, Australia’s richest person, has bought a more-than $1 billion stake in SpaceX betting on founder Elon Musk and what she says is the potential for his rocket maker to shape industries for decades. The stake in SpaceX, which last week pulled off the largest initial public offering ever, is the single largest investment outside of iron ore made by her closely held company, Hancock Prospecting, one of the world’s major exporters of the steelmaking commodity. The investment reflects Hancock’s confidence in Musk and recognizes the need for the West to keep investing in technology and innovation, Rinehart said in emailed remarks on Monday.

Bloomberg66d agoneutral
Failed SpaceX IPO Allocation Prompts Korea to Widen Mirae Review

(Bloomberg) -- South Korea’s financial watchdog has expanded an inspection of Mirae Asset Securities Co. to examine the brokerage’s failure to secure an allocation of SpaceX shares in the company’s initial public offering, according to people familiar with the matter.Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsWhy Musk Raced to Take

SpaceX president reveals what investors should be watching
TheStreet66d agoneutral
SpaceX president reveals what investors should be watching

The biggest stock market debut in history is two days old, and the woman who has run SpaceX’s operations for more than two decades wants you to know where to look. SpaceX (SPCX) closed its first session at $160.95 on June 12, a 19% jump from its $135 offer price, according to CNBC. That pushed its ...

Tesla Merger Talk With SpaceX Reshapes AI And Investor Outlook
Simply Wall St.66d agoneutral
Tesla Merger Talk With SpaceX Reshapes AI And Investor Outlook

Speculation around a potential Tesla and SpaceX merger has intensified following SpaceX's recent IPO and public comments from its president treating the idea as a real possibility. Prediction markets, company filings and several high profile analysts now treat a merger as a credible scenario, rather than a fringe rumor. Any move to combine Tesla and SpaceX could reshape how investors think about NasdaqGS:TSLA, including its business mix, capital needs and exposure to AI and advanced...

Oppenheimer issues bold price target on SpaceX stock
TheStreet66d agoneutral
Oppenheimer issues bold price target on SpaceX stock

SpaceX’s (SPCX) historic IPO kicked off with a valuation few companies ever touch. Consequently, it also left investors wondering how much upside is left, or whether profit-taking is about to begin. SpaceX's stock, priced at $135, raised $75 billion, opening a brand new chapter for Elon Musk’s ...