Elon Musk’s rocket and AI company has had a rocky debut. What’s ahead for the stock as lockup expirations loom.
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Short sellers have built a $25 billion bet against the rocket maker. Its CEO says they won't survive.
Goldman Sachs is optimistic on the long-term space sector, citing opportunities in satellites, defense and industry "picks-and-shovels."
The stock recently slipped below its IPO price.
Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty. Schwab reported a record 11.9 million daily average revenue trades in the second quarter, a 57% increase from a year earlier. Trading revenue also rose, climbing 28% to $1.2 billion. President and CEO Rick Wurster joins Bloomberg Businessweek Daily to discuss, saying clients are trusting the platform not just for investing but also for "help with their financial lives." Wurster also discusses continued demand from retail and younger traders, AI use cases in investing, the impact of this summer's SpaceX IPO, prediction markets, crypto, and more. He speaks with Carol Massar and Tim Stenovec.
Juan Hernandez joined SpaceX in 2015 as a welder making $28 an hour. The company offered him $10,000 in stock alongside his wages. He accepted without giving it much thought. He'd never been offered equity at any job before and didn't really know what to do with it. When SpaceX went public this ...
Super Micro reported more than $60 billion in new Q4 orders, pushing its backlog to a record high with deliveries expected over future quarters.
Bitcoin is trading at approximately $65,000 today, July 21, 2026. Two of the most invoked names in every crypto conversation right now are Warren Buffett and Elon Musk. One built $147.8 billion through six decades of disciplined compounding. The other crossed $917 billion, briefly becoming ...
Any further developmental delays could start taking a longer-term toll.
Based on the tables and data, we can expect a lot of volatility
Mega-IPOs don't necessarily become the biggest winners -- at least, not quickly.
Shares of SpaceX rose on Tuesday after the company set a date for its first earnings report as a publicly traded company.
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July 21 (Reuters) - Goldman Sachs has created a new platform as it looks to expand its private market offerings for wealthy clients, according to an internal memo seen by Reuters on Tuesday.
The Shark Tank investor said he would like to see more companies offer employees stock-based compensation.
The direct integration of Starlink into the Cybercab autonomous vehicle is intended primarily for navigation, customer service and fleet management, Tesla AI chief Ashok Elluswamy said.
Financial advisors say most public companies underperform for at least a year post-IPO, and investors should ask themselves whether conviction or FOMO is driving their interest.
JPMorgan Chase CEO Jamie Dimon has his doubts that the AI spending boom will turn out the way investors are hoping for. Still, he's willing to entertain one of the AI build-out's more extraordinary projects: SpaceX's ambition to put data centers in space.
Jamie Dimon publicly endorsed and analyzed SpaceX's orbital AI data center concept, offering both optimism and caution. His comments mark the first time a major global banking leader has weighed in positively on the plan. Dimon highlighted potential technical feasibility while underlining substantial execution, regulatory, and capital deployment risks. For investors tracking Space Exploration Technologies, often referenced via the NasdaqGS:SPCX ticker in private market discussions, Dimon's...
During its second-quarter earnings, Charles Schwab CEO Rick Wurster reiterated the opportunity for long-short funds in the RIA channel.
SpaceX Gains Ahead of Earnings as BofA Highlights Powerful Growth Opportunity
Tech has been dropping for over a month under the weight of a host of worries. No, this agonizingly slow, tortured drawdown is because of five issues—none that haven’t been talked about plenty but laid out well by Sevens Report’s Tom Essaye. Tech has done a 180 and become a capital intensive sector, spending hundreds of billions this year alone.
The Aug. 4 report marks SpaceX's debut as a public company and triggers the first tranche of its staggered lock-up release
SpaceX is reportedly in talks with the Department of Defense for a multibillion-dollar AI deal.
Most executives spend years trying not to offend customers, advertisers or investors. Tesla and SpaceX CEO Elon Musk has taken the opposite approach, arguing that worrying about being liked is a weakness—and one he’s never wanted to have. "I’ll say...
Shares of space stocks are catching a bid Tuesday as the sector rebounds from recent weakness. AST SpaceMobile (NASDAQ:ASTS) stock leads the move with a 12% gain to $64. SpaceX (NASDAQ:SPCX) shares are up 7% to $128, Virgin Galactic (NYSE:SPCE) stock is rallying 6% to $2.73, and Rocket Lab (NASDAQ:RKLB) stock is rallying 5% to ... AST SpaceMobile Catapults 12%, SpaceX Rises 7%, Virgin Galactic and Rocket Lab Rally as Space Stock Trade Takes a Risk-on Turn
The stock has declined in 10 of its last 11 trading sessions.
Northrop Grumman (NYSE:NOC) raised its 2026 sales and earnings outlook after reporting stronger second-quarter bookings, a record backlog and revenue growth across all four of its business segments, while management also addressed cost pressures on two programs that weighed on segment margins. Chai