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Elon Musk just redefined what SpaceX could become
TheStreet2d agoneutral
Elon Musk just redefined what SpaceX could become

SpaceX (SPCX) stock investors spent the lion’s share of the post-IPO period questioning if its expensive AI push deserves any value. Subsequently, the stock’s steep slide sharpened that skepticism. Nevertheless, analysts felt SpaceX was being valued purely on a single revenue engine, while AI was ...

Bloomberg3d agoneutral
Tencent, EU Fund Invest in AI Coding Startup Lovable at $13 Billion Valuation

(Bloomberg) -- Swedish coding startup Lovable has raised funding at a $13.3 billion valuation, bringing in fresh capital to compete with larger rivals like Anthropic and Elon Musk’s SpaceX. Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesTata Sons Chairman to Step Down, Deepening Leadership TurmoilTrump Weighs Call for Capital Gain

Bloomberg3d agoneutral
AI Startup Cognition in New Funding Talks at $40 Billion Value

(Bloomberg) -- Cognition AI Inc. is in early talks with investors for a new funding round that may boost the coding startup’s valuation by more than 50% to at least $40 billion, people familiar with the matter said.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesApple’s Glass-Centric 20th-Anniversary iPhone Remains on Track for 202

NextNav Q2 Earnings Call Highlights
MarketBeat3d agoneutral
NextNav Q2 Earnings Call Highlights

NextNav (NASDAQ:NN) said its second-quarter actions strengthened its balance sheet, expanded liquidity and advanced partnerships and technical validation efforts as the company continues to pursue regulatory approval for its proposed 900 MHz terrestrial positioning, navigation and timing network. C

Is SpaceX Worth More Than Earth?
TheStreet3d agoneutral
Is SpaceX Worth More Than Earth?

How do you value the assets of about 8.3 billion people and a livable planet that is 4.54 billion years old – give or take 50 million years? The question came up in an Elon Musk tweet on July 9: “SpaceX will be worth more than the rest of Earth if we accomplish our goals.” – Elon Musk The key ...

SpaceX analyst plots path to bold $100 billion claim
TheStreet4d agoneutral
SpaceX analyst plots path to bold $100 billion claim

While SpaceX stock is still hovering near its initial public offering price, SpaceX investors must be happy that near $135, the stock is up substantially from $108 per share just a few days ago. SpaceX's 23% rally over the past five sessions, including a 16% jump on Aug 7, is because of a boost ...

OpenAI vs Anthropic IPOs: Why timing matters for AI investors
Yahoo Finance Video4d agoneutralVIDEO
OpenAI vs Anthropic IPOs: Why timing matters for AI investors

Amanda Agati, PNC Asset Management Group CIO joins Yahoo Finance Executive Editor Brian Sozzi to discuss whether potential IPOs from AI giants Anthropic (ANTH.PVT) and OpenAI (OPAI.PVT) matter for the broader equity market rally.