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Tesla record revenue masks cash burn, $1B SpaceX swing
TheStreet23d agoneutral
Tesla record revenue masks cash burn, $1B SpaceX swing

Every public company has a number it wants you to see and a number it hopes you scroll past. Earnings season is built on that tension. The revenue line is the easy one. It goes in the press release, it goes in the headline, and it goes in the first paragraph of most coverage. Bigger is better, and ...

SoFi (SOFI) Brings SpaceX IPO Access As Big Bank Earnings Support Lending
Simply Wall St.23d agoneutral
SoFi (SOFI) Brings SpaceX IPO Access As Big Bank Earnings Support Lending

Major U.S. banks recently reported strong earnings, signaling resilient credit and deposit activity across the sector. SoFi Technologies (NasdaqGS:SOFI) is drawing attention for its involvement in providing retail access to the highly anticipated SpaceX IPO. These developments spotlight both the health of core banking activity and the distinct features of SoFi’s retail investing platform. For SoFi Technologies, which combines digital banking, lending, and investing under one platform,...

Tesla Reports $1 Billion Gain On Its SpaceX Equity Stake
Investor's Business Daily23d agoneutral
Tesla Reports $1 Billion Gain On Its SpaceX Equity Stake

Tesla recorded a $1 billion net gain on its investment in Space Exploration Technologies, commonly known as SpaceX, following its IPO last month, according to SEC filings. Elon Musk's electric vehicle company had a stake in SpaceX through a $2 billion investment his AI lab xAI made in January. When xAI and SpaceX merged in February, Tesla's share in the AI startup converted into equity in SpaceX.

Google Details Size of SpaceX Stake
The Wall Street Journal23d agoneutral
Google Details Size of SpaceX Stake

$94.1 billion That’s how much in SpaceX shares Google parent Alphabet owns. Based on SpaceX's current market cap of $1.53 trillion, that's a roughly 6% stake. The tech conglomerate's marketable equity securities include $80 billion in SpaceX shares subject to short-term restrictions on the ability to sell and $14.

Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?
24/7 Wall St.23d agoneutral
Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?

The market has spent the past two years rewarding companies tied to artificial intelligence, robotics, and next-generation infrastructure. Investors are increasingly looking beyond a company’s original business and looking more closely at which ecosystem is building it. That shift is key because some of today’s biggest winners no longer fit neatly into a single industry. ... Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?

Investing.com23d agobullish
Wolfe upgrades AT&T to Outperform as improving fundamentals outweigh Starlink risk

Investing.com -- AT&T was upgraded to Outperform from Peer Perform by Wolfe Research, which said the telecom giant's improving operating fundamentals and attractive valuation more than offset lingering concerns over competition from SpaceX's Starlink mobile ambitions. The brokerage assigned a $29 price target, implying nearly 26% upside from the stock's recent close.

AI-led boom in IPOs raises concerns about a bust
AFP23d agoneutral
AI-led boom in IPOs raises concerns about a bust

This has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about whether the markets can continue to absorb them.AI is also driving the growth in listings by Chinese firms, as well as the tighter restrictions on capital movements amid continued tensions between Beijing and Washington.

Investing.com23d agoneutral
Google reports $94 billion stake in SpaceX following historic IPO

Investing.com -- In an SEC filing today, Google parent company Alphabet officially revealed the staggering magnitude of its decade-long bet on SpaceX following the rocket manufacturer’s record-breaking public market debut: $94 billion. According to Alphabet’s Q2 10-Q report, the vast majority of the equity holding—$80 billion—is bound by short-term post-IPO lockup restrictions that temporarily prevent selling. An additional $14.1 billion in shares is subject to long-term lockups extending throug

$1 Trillion Anthropic IPO Is a Go. Here’s Why I Won’t Touch It
24/7 Wall St.23d agoneutral
$1 Trillion Anthropic IPO Is a Go. Here’s Why I Won’t Touch It

Anthropic is racing toward one of the largest IPOs in technology history, with private investors already pricing the Claude AI maker at staggering heights. But recent high-profile listings offer a cautionary tale that every excited investor should sit with before opening day.

Bloomberg23d agoneutral
SpaceX Attempts Major Flight Test Again in Post-IPO Spotlight

(Bloomberg) -- SpaceX will again attempt a major test of its massive Starship rocket on Thursday after abandoning takeoff last week, exposing investors to the risks of the company’s rocky development cycle and heightening the stakes for the critical milestone.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty