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AST SpaceMobile Launches BlueBird Trio As Key Investor Turning Point
Simply Wall St.72d agoneutral
AST SpaceMobile Launches BlueBird Trio As Key Investor Turning Point

AST SpaceMobile plans to launch three next generation BlueBird satellites, numbered 8, 9, and 10, on a SpaceX Falcon 9 on June 17. The mission follows the setback of the BlueBird 7 satellite and is intended to advance the company’s direct to smartphone network. The new satellites are designed to nearly double peak data speeds and are backed by partners including AT&T, Verizon, and Google. For investors watching NasdaqGS:ASTS, this launch comes after a period of sharp share price swings. The...

OpenAI announces plan to go public, SpaceX set to launch IPO this week
CBS News Videos72d agoneutralVIDEO
OpenAI announces plan to go public, SpaceX set to launch IPO this week

Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.

Rob Arnott: Will SpaceX Create The Biggest Bubble Ever?
etf.com72d agoneutral
Rob Arnott: Will SpaceX Create The Biggest Bubble Ever?

<p>The SpaceX IPO is almost here and will bring significant change with it for retail and institutional investors alike. Research Affiliate’s Rob Arnott offers his thoughts on the impact of SpaceX on passive portfolios, the bubble it will likely create, and ways advisors and investors can navigate the opportunities and pitfalls. </p>

SpaceX aims to launch orbital AI computing tests by end of next year, sources say
Reuters72d agoneutral
SpaceX aims to launch orbital AI computing tests by end of next year, sources say

SpaceX executives say the company is aiming to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, ahead of the "as early as 2028" timeline ‌for deployment disclosed in its IPO filing, according to two people who attended investor presentations held ahead ‌of the offering. The orbital-compute effort is central to SpaceX's long-term growth pitch to investors. SpaceX has requested permission from regulators to launch up to 1 million space-based data-center satellites.

Alphabet’s AI Spend, Waymo Expansion And Search Shifts Weigh On Valuation
Simply Wall St.72d agoneutral
Alphabet’s AI Spend, Waymo Expansion And Search Shifts Weigh On Valuation

Alphabet (NasdaqGS:GOOGL) agreed to a multi year AI cloud deal with SpaceX, paying US$920 million per month through June 2029 for access to 110,000 Nvidia GPUs. Waymo acquired a 5,500 acre autonomous vehicle testing site in Arizona that was previously used by Apple for self driving development. Google introduced Search profiles, giving publishers and creators dedicated pages in Google Search that may affect how content is discovered and monetized. These moves touch three core areas for...

The SpaceX–OpenAI IPO boom: What investors must do now
TheStreet72d agoneutral
The SpaceX–OpenAI IPO boom: What investors must do now

Transcript: Caroline WoodsSpaceX is expected to go public this week. Anthropic is waiting in the wings. OpenAI could be next. Some are calling this the biggest IPO wave of our lifetime. But for the average investor watching this unfold, what is the biggest thing they need to understand? Jim Neeson ...

Louis Navellier says avoid IPO FOMO with five hidden AI plays
TheStreet72d agoneutral
Louis Navellier says avoid IPO FOMO with five hidden AI plays

During this week of trading, with the heated anticipation of the SpaceX initial public offering (IPO), it’s particularly important for investors to remember the Facebook IPO. Investors were clamoring. It was the biggest event on Wall Street in decades. The stock was priced at $38. By August, it ...

Why Elon Musk's track record of unfilled promises matters for investors
Yahoo Finance Video72d agoneutralVIDEO
Why Elon Musk's track record of unfilled promises matters for investors

As Tesla (TSLA) CEO Elon Musk prepares to expand his corporate empire through SpaceX's IPO this Friday, June 12, should his promises and vision be met with a healthy dose of skepticism by investors? New York Times investigative business reporter Kirsten Grind — who contributed to the latest article "Elon Musk Laid Out 602 Goals. Elon Musk Laid Out 602 Goals." — explains why it is important for potential investors to be knowledgeable of Musk's promises and goals that didn't pan out. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

What massive SpaceX-Alphabet compute deal means ahead of IPO
Yahoo Finance Video72d agoneutralVIDEO
What massive SpaceX-Alphabet compute deal means ahead of IPO

SpaceX (SPAX.PVT) continues to turn investors' heads ahead of its IPO this Friday, June 12, as Elon Musk's space company strikes a deal with Alphabet (GOOG, GOOGL) for the Big Tech company to borrow computing power for $920 million per month. Yahoo Finance Senior Reporter Pras Subramanian discusses the value this has for investor sentiment on SpaceX's upcoming stock release. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

How SpaceX fever & Fed rate hike fears are impacting markets
Yahoo Finance Video72d agoneutralVIDEO
How SpaceX fever & Fed rate hike fears are impacting markets

Yahoo Finance Markets and Data Editor Jared Blikre explains how markets are reacting to SpaceX's (SPAX.PVT) initial public offering (IPO) hype and to the possibility that the Federal Reserve hikes interest rates this year.

Investing.com72d agoneutral
SpaceX IPO demand nears four times oversubscribed on surging interest - Reuters

Investing.com -- Elon Musk’s Space Exploration Technologies Corp (NASDAQ:SPCX) has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, according to a report from Reuters. This massive influx of capital completely dwarfs the $75 billion the aerospace firm is seeking to raise. The deal’s oversubscription rate is currently running at three and a half to four times the planned offering size. Sources familiar with the matter indicated to Reuters that long-only

SpaceX reveals design for its orbital data centers
Yahoo Finance Video72d agoneutralVIDEO
SpaceX reveals design for its orbital data centers

Elon Musk revealed SpaceX's (SPAX.PVT) designs for its first orbital data center — or data center in space — explaining its solar collection, cooling, and use of lasers for communication. Yahoo Finance Senior Reporter Pras Subramanian breaks everything down. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

SpaceX aims for $1.75 trillion valuation at $135 a share
Yahoo Finance Video72d agoneutralVIDEO
SpaceX aims for $1.75 trillion valuation at $135 a share

SpaceX aims for $1.75 trillion valuation at $135 a share. Yahoo Finance's Pras Subramanian explains why investors are enthusiastic about the stock ahead of its listing, and the bull case for Musk's playbook.

Analysts reveal bold Bitcoin target despite AI frenzy
TheStreet72d agoneutral
Analysts reveal bold Bitcoin target despite AI frenzy

There seems to be no end to the trouble Bitcoin (BTC) traders have been facing since the Oct. 10 flash crash last year. While the cryptocurrency had been attempting to recover to previous heights for the past few months, Michael Saylor's Strategy (Nasdaq: MSTR) announcing a partial sale ...