A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week
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Elon Musk's SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter. Such an agreement would extend the Pentagon's existing relationship with SpaceX, a key partner for rocket launches and satellite-based communications and missile tracking. According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling computing capacity to AI customers at lower prices.
The company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said.
By Joey Roulette WASHINGTON, July 17 (Reuters) - SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief
A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week
Starship Launch Abort Sends SpaceX Stock Lower for Fifth Straight Session
It had to happen. After the June 11 market close, Elon Musk took his Space Exploration Technologies Corp. (otherwise known as SpaceX) public. Price: $135 a share. Result: The company raised some $75 billion before expenses. The next day, when the shares could be traded, the shares reached $176.52, ...
SpaceX’s valuation has swooned over the past month, and as of late Friday morning was more than $1 trillion lower than its peak, according FactSet. The company’s market capitalization hit a recent peak at almost $2.7 trillion on June 16, four days after shares in the company made their trading debut. SpaceX’s stock was trading down almost 6% around 11:15 a.m. ET.
The rocket launch leader scrapped its much-anticipated Starship launch, and there's a lot investors should know.
Investing.com -- SpaceX stock continued lower on Friday as the space exploration and artificial intelligence company moved toward erasing more than $1 trillion from its peak market value.
The GMO founder isn’t keen on SpaceX’s claims about asteroid mining, space tourism, or other pie-in-the-sky tech. Here’s why he’s anticipating a crash back to Earth.
By Courtney Rozen WASHINGTON, July 17 (Reuters) - U.S.
Coatue Management is leading a $3 billion investment in Databricks, a data-analytics software provider, that values the company at $188 billion, according to people familiar with the matter. The new financing represents a 40% increase from its valuation in December, when Databricks raised money at a $134 billion valuation. It recently released a new software tool, called Unity AI Gateway, that allows companies to access AI models and track their spending on the technology.
Investors have closely followed SpaceX since its record IPO.
Flight 13 could advance Starship development and support future orbital missions, lunar contracts and Starlink expansion.
All Eyes on SpaceX as Starship Takes Flight in First Mission Since IPO
SpaceX's post-IPO performance is trailing among this year's top 10 blockbuster debuts. Shares will close below the rocket maker's $135 IPO price for the first time if the current price around $131 holds.
Elon Musk's SpaceX went public on June 12 at $135 a share. It briefly touched $225.64 on June 16, a 40% surge in four days that made it one of the most explosive IPO debuts in history. But by July 15, shares hit an all-time low of $132.75, dipping below the IPO price of $135 for the first time. The ...
If artificial intelligence rewrites the future of work, Tesla and SpaceX CEO Elon Musk thinks it should rewrite the future of paychecks, too. "Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with...
Investing.com -- Piper Sandler initiated coverage of SpaceX at Neutral with a price target of $156 in a note Thursday, citing idiosyncratic near-term headwinds despite a constructive multi-year view on the company.

SpaceX (SPCX) stock dipped below its $135 IPO price for the first time since its debut. This comes as the company prepares for its 13th Starship test flight. Laffer Tengler Investments CEO and CIO, Nancy Tengler, explains why her confidence in the company hasn't shaken.
The Nasdaq composite is down more than 1% this morning. Here are the stocks on the index that are getting hit hard: 💾 Chips, memory makers: Sandisk, Micron, AMD, SK Hynix's ADRs, Intel, Western Digital, Seagate, Arm, Broadcom, Nvidia and Marvell are all deep in the red.
SpaceX stock continues to dominate headlines following scrapped plans for a Starship test flight. Thursday night's stoppage comes as SpaceX shares plumb new lows.
(Bloomberg) -- Initial public offerings of tiny foreign companies in the US have all but disappeared this year after regulators cracked down on apparent pump-and-dump schemes, many of them based in Asia, that authorities say cheated mom-and-pop investors around the globe.Only 13 so-called microcaps have gone public on Nasdaq and the New York Stock Exchange so far this year, compared with almost 80 by the midpoint of 2025. Just two of this year's newest companies come from Asia, a fraction of the
More than half of second-quarter net new assets came from IPO-related wealth-management inflows.
Wall Street analysts are reshuffling their bets on Thursday, sending some of the market's biggest names in opposite directions as geopolitical tensions and inflation crosscurrents cloud the outlook. Find out which stocks got upgraded, downgraded, or newly covered today.
Exposure to the artificial-intelligence boom has become virtually impossible for investors to avoid. The theme hasn’t just cornered the stock market. It has systematically swallowed up corporate credit and venture capital, too.
(Bloomberg) -- Retail traders have moved from the stock market’s margins to its center.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthOnePlus, Once Popular with Tech Fans, to Pull Out of US and EuropeMarket data shows that their growing influence has reache
SpaceX shares dipped below their IPO price of $135 on Wednesday morning for the first time since listing, signaling dwindling hype around the Elon Musk company.
Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.