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After Losing An Average Of $16.3 Billion A Day For Over A Month, Elon Musk Says “Money Won’t Matter in 2036”
24/7 Wall St.19d agoneutral
After Losing An Average Of $16.3 Billion A Day For Over A Month, Elon Musk Says “Money Won’t Matter in 2036”

The world’s richest man has been losing money at a historic clip. Over roughly the past month, Elon Musk’s net worth has fallen by an average of $16.3 billion a day, according to a Benzinga tally. In the middle of that stretch, Musk sat down with The Economist at the Gigafactory in Texas and offered ... After Losing An Average Of $16.3 Billion A Day For Over A Month, Elon Musk Says “Money Won’t Matter in 2036”

Bloomberg19d agobearish
SpaceX Falls 20% Below IPO Price, Erasing $1.2 Trillion Value

(Bloomberg) -- SpaceX shares erased one-fifth of their value since the record setting debut of Elon Musk’s rocket, satellite and artificial intelligence company, as investors shunned riskier technology firms.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets

Investing.com19d agobearish
HSBC sees upside room for stocks as sell signal loses steam

Investing.com -- HSBC told clients in a note on Tuesday that the recent shakeout across risk assets has run its course, and a sell signal in its sentiment framework has now faded, keeping the bank firmly positioned for more gains.

Three Prices Where SpaceX Stock Is a Buy
Barrons.com19d agobullish
Three Prices Where SpaceX Stock Is a Buy

SpaceX just won’t stop going down. Shares are very close to the $100 level where Morgan Stanley analyst Adam Jonas believes the company is getting no value for its AI business. Jonas’ $100 price observation isn’t too far from the $90 Barron’s suggested SpaceX was worth about a week before the IPO.

NASA Chief Jared Isaacman Says 'Never Bet Against' Elon Musk, Adds 'We Can't Do It Without' SpaceX for Moon Base
Benzinga19d agoneutral
NASA Chief Jared Isaacman Says 'Never Bet Against' Elon Musk, Adds 'We Can't Do It Without' SpaceX for Moon Base

NASA Administrator and former Shift4 Payments Inc. (NYSE:FOUR) CEO Jared Isaacman has backed Elon Musk and Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) goal of establishing space-based compute capacity via orbital data centers. AI Race Healthy for NASA During an appearance on the Moonshot podcast on Monday, Isaacman said that the Artificial Intelligence race was “extremely healthy” for NASA. He then said that if “Elon and SpaceX are betting on this [orbital data centers], there is no rea

Sirius XM (SIRI) Stock Trades Up, Here Is Why
StockStory19d agoneutral
Sirius XM (SIRI) Stock Trades Up, Here Is Why

Shares of satellite radio and media company Sirius XM (NASDAQ:SIRI) jumped 4.9% in the afternoon session after Wells Fargo upgraded the stock to Equal Weight from Underweight, significantly raising its price target. The bank boosted its price target to $30 from $18, citing a major revaluation of the company's spectrum from $1 billion to $5 billion. Wells Fargo analyst Steven Cahall noted that the firm had missed a "meaningful market revaluation" of the spectrum. The note explained that spectrum

SpaceX (SPCX) Stock Still Looks Above Fair Value On Starship Launch Scrutiny
Simply Wall St.19d agoneutral
SpaceX (SPCX) Stock Still Looks Above Fair Value On Starship Launch Scrutiny

Space Exploration Technologies stock has dropped sharply year to date, yet the broader valuation checks still flag it as expensive rather than a bargain. This creates a clear tension for anyone trying to judge whether the recent weakness has made the current price more reasonable. The share price is down 29.5% year to date, which means investors are now weighing a much lower market value against concerns that the stock may still not be cheap on key metrics. Expectations around Space...

Bloomberg19d agoneutral
SK Hynix’s Rebound From $470 Billion Rout Hinges on AI Spending

(Bloomberg) -- A $470 billion rout in just a little over a month has flipped SK Hynix Inc. from one of the world’s hottest AI trades to one of the biggest portfolio question marks.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPOASML Slides on Report of China Starting DUV Tool ProductionS

A European rival to SpaceX is chasing a $2B valuation
TheStreet19d agoneutral
A European rival to SpaceX is chasing a $2B valuation

European founders who run out of seed money usually know where they’re headed next: a flight to San Francisco or New York. That pattern has held for a decade across software and biotech, and it has quietly decided who ends up owning Europe’s most promising companies once they get big. The ...