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He's not back into the $1 trillion club, but Elon Musk, his wallet, and SpaceX investors lasted through the stock's first lockup expiration.
U.S. stocks advanced on Aug. 12 after fresh inflation data showed consumer prices rose 3.4% year over year in July, slightly below the previous month’s 3.5% reading, helping fuel gains across technology and AI-linked stocks. The Nasdaq Composite was up about 0.5% during the session. AI ...
Memory and storage names are ripping higher into Wednesday’s close. SanDisk (NASDAQ:SNDK) is up 6% to $1,344, while Micron Technology (NASDAQ:MU) has gained 5% to $911. South Korea’s SK Hynix (Nasdaq: SKHY) rallied alongside the group, closing the day up 9%, extending a global bid for memory. Neocloud Demand Signal Ignites the Group The primary ... Memory Stocks Rally Wednesday: SK Hynix, SanDisk, Micron All Jump. Here’s Why
Billionaire investor Ron Baron projects that Space Exploration Technologies Corp. could reach an unprecedented $14 trillion valuation over the next decade. This astronomical growth will be driven not just by reusable rockets, but by Starlink’s global connectivity dominance and a...
At a recent all-hands meeting, Elon Musk told SpaceX employees that the rocket business they work for is quietly transforming into something far more valuable, and he named a specific month when the shift becomes impossible to ignore.
Bending Spoons, an acquisitive digital media and software company, has enjoyed a strong stock market debut. Analysts expect it will report revenue of $683 million for the second quarter and earnings per share of 27 cents.
Norway's $2.3 trillion fund revealed a $1.2 billion SpaceX stake after twice voting down Elon Musk's Tesla pay deals.
One crucial launch milestone could determine whether the bet pays
On Monday, Rocket Lab Corp. CEO Peter Beck said the company’s planned $8 billion acquisition of Iridium Communications Inc. is opening a new space-services opportunity — one that largely steers clear of the consumer broadband market dominated by Space Exploration...
Space Exploration Technologies Corp. (NASDAQ:SPCX) is moving forward with an ambitious execution plan. The company expects to conduct another Starship test flight this month, along with the deployment of upgraded Starlink satellites and upper-stage recovery attempts in the coming weeks. Even so, investors were more concerned about its financial trajectory than the technical milestones. Despite […]
SpaceX shares soared after Elon Musk revealed AI could soon become the company's biggest revenue driver. But with heavy spending and a lofty valuation, is the excitement justified?
Investing.com -- SpaceX shares surged 11% following a major Wall Street endorsement of its artificial-intelligence capabilities and renewed investor enthusiasm over its expanding suite of enterprise software products. The rally was sparked by a research note from Morgan Stanley arguing that public markets are severely underestimating SpaceX’s AI enterprise platform, alongside comments from Chief Executive Elon Musk teasing the launch of the company’s flagship model, Grok 4.7. The market response
SpaceX released its newest AI model, Grok 4.6, on Wednesday. The stock rose as much as 11%, rising above its IPO price.
Norway’s fund also publicly declared owning a 0.05% stake in SpaceX.
Elon Musk just declared his latest AI model objectively number one in intelligence, speed, and cost, and the timing could not be worse for two companies that Microsoft is betting billions on.
The hottest IPO of 2026 fizzled out over the past two months.
Elon Musk just told SpaceX employees that a business most people have never heard of will soon dwarf rockets, Starlink, and every other revenue line the company has ever built, and he gave a specific month.
SpaceX Makes a Bold AI Push: Musk Sees $500 Billion Revenue Opportunity
Morgan Stanley said the valuation gap could narrow as SpaceX provides more evidence that Grok and Cursor can work together as part of a broader strategy.
Applied Aerospace & Defense fell about 10% on Wednesday after its first earnings report since going public in June.
Tesla wants to build a massive solar factory in Texas, but first it wants the state to chip in to defray the costs.
Boeing and Airbus supplier Astronics surged on Wednesday on strong earnings, flashing buy signals. The stock has doubled in 2026.
Firefly Aerospace (FLY) CEO Jason Kim details how the company leverages bold missions, production expansion, and culture to attract top talent in its rivalry with SpaceX (SPCX) and Rocket Lab (RKLB).
Firefly Aerospace (FLY) CEO Jason Kim details how the company leverages bold missions, production expansion, and culture to attract top talent in its rivalry with SpaceX (SPCX) and Rocket Lab (RKLB).
A fresh Starlink launch and a surprise Morgan Stanley note are pulling SpaceX stock out of a steep selloff, while Intuitive Machines heads into earnings with options traders betting heavily on the upside. Here is what the catalysts actually signal.
SPCX's surging Megapack purchases are boosting TSLA's energy business as AI power needs drive demand for fast-response battery storage.
Nvidia has a robust investment portfolio.
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