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The first wave of early release eligible shares will be unlocked two days after SpaceX reports earnings.
A $99 billion markup on stakes in Anthropic and SpaceX delivered more than two-thirds of Alphabet's stunning $112 billion profit.
Elon Musk addresses shareholder questions about a potential merger between Tesla (TSLA) and SpaceX (SPCX), noting their growing operational overlap before deferring to Tesla's General Counsel, who highlights their strategic partnership and joint work on initiatives like Terafab and Digital Optimus.
Many topics came up, including questions about a potential merger with Elon Musk's other trillion-dollar company, SpaceX. Tesla robo-taxis are running version 15 of the company's Full Self Driving, or FSD, software. The updated version is designed to improve self-driving capabilities.
JPMorgan Chase & Co. CEO Jamie Dimon on Monday called Starlink an "extraordinary product" and said SpaceX’s plan to build artificial-intelligence data centers in orbit could work, offering a prominent Wall Street endorsement as the newly public company’s shares hover...
SpaceX (SPCX) investors are reeling after a brutal sell-off. The stock has comfortably slipped below its $135 IPO price, according to Yahoo Finance, facing concerns over Starship delays, an incredibly rich valuation, and a major post-earnings lockup release. Consequently, SpaceX closed ...
The dip in price is a potential buying opportunity, but volatility isn't likely to subside anytime soon.
SpaceX is targeting a July 23 launch date for its Starship megarocket.
EV maker Tesla (TSLA) released mixed second quarter results after Wednesday's close, reporting adjusted earnings of $0.33 per share (vs. estimates of $0.51) and revenue of $28.24 billion (vs. estimates of $26.32 billion). The stock is sliding in extended hours trading. Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber — longtime Tesla investor and Elon Musk critic — addresses Tesla's negative cash flow this quarter and how the company should just focus on its core EV business.
Google reported Q2 earnings and revenue that topped estimates, driven by stellar cloud computing growth.
Financial planners who serve newly liquid tech employees describe a predictable sequence of freeze, tax shock, real estate temptation, and slow diversification
Record deliveries drove a 26% revenue gain, but earnings per share came in well below analyst forecasts and free cash flow turned negative
Google parent company Alphabet Inc. posted stronger-than-expected results for its second quarter, a sign that it's massive artificial intelligence spending spree is paying off so far and advertising revenue is coming in strong. Google did not disclose an adjusted earnings figure that's comparable to analysts' expectations, which was $2.88 per share. Google saw a net gain of $98 billion, mainly as a result of gains on its equity investments — mostly in SpaceX, which went public in June.
US equity indexes ended lower Wednesday as US-Iran tensions continued to escalate, boosting crude oi
Rocket Lab built its name launching small rockets from a remote pad in New Zealand, a company founded by Peter Beck in 2006 with a fraction of the budget of its bigger rivals. Lately, its biggest headlines have come from a rocket that has not flown yet. Neutron, the medium lift vehicle designed to ...
San Francisco's slumping housing market is suddenly hot again. A fresh wave of tech wealth is poised to squeeze out even more buyers
ChatGPT maker secures 3.2 gigawatts in Georgia as full project cost could exceed $30 billion.
Tesla and SpaceX, of course, are separate companies. What Elon Musk says on Tesla's Wednesday earnings conference call will move Tesla stock, but it could impact SpaceX shares, too. Tesla owns a small stake in SpaceX, which it acquired after SpaceX merged with xAI in February.
Cathie Wood named SpaceX her favorite stock and says Elon Musk's company could become the most important in history.
AT&T just posted its fifth straight earnings beat while adding over a million new accounts, yet its stock sits near a multiyear low as Starlink looms. CEO John Stankey says satellite competitors are decades too late to matter, but Wall Street analysts are not so sure.
SpaceX's stock price could get cut in half from here by year-end.
Charter Communications stock is down this year, but an analyst on Wednesday reiterated a price target that implies nearly 200% upside.
Rocket Lab secured a $266-million firm-fixed-price U.S. Air Force contract on Tuesday.
Cathie Wood just called SpaceX the most important company in history and started buying a 38% dip that has a $116 billion share unlock waiting on the other side. Her actual thesis has almost nothing to do with rockets.
These companies are both aiming to sell in the fast-growing space systems economy.
(Bloomberg) -- Michael Saylor’s Strategy Inc. is confronting a collapse of confidence almost everywhere — except among Wall Street analysts. Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions LiftOpenAI Models Hacked Another Company’s Systems by MistakeDespite cut
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