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Wall Street's $200 billion IPO wave threatens sell-off
TheStreet44d agobearish
Wall Street's $200 billion IPO wave threatens sell-off

SpaceX, Anthropic, and OpenAI are collectively moving toward public offerings that could rank among the most valuable stock sales ever completed. The flood of new shares entering the market creates selling pressure on stocks that investors already have in their portfolios. Academic research ...

SpaceX’s Telecom Dreams
The Wall Street Journal44d agoneutral
SpaceX’s Telecom Dreams

Plus: The end of Anthropic’s Fable ban, high-earner families explore alternative schools, how data-center water use is actually higher than reported and more

Is SoFi (SOFI) Better Than SpaceX?
Insider Monkey44d agoneutral
Is SoFi (SOFI) Better Than SpaceX?

We just covered Avoid SpaceX and Buy These 11 Stocks Instead. SoFi (NASDAQ:SOFI) ranks #9 (see Avoid SpaceX and Buy These 5 Stocks Instead). Number of Hedge Fund Investors: 47 SoFi (NASDAQ:SOFI) is a fintech bank that offers personal loans, student loan refinancing, and financial services. It sells checking accounts, investment accounts, credit cards, crypto, […]

SpaceX (SPCX) Stock Faces Lockups And Index Buying After Wild IPO Debut
Simply Wall St.45d agobullish
SpaceX (SPCX) Stock Faces Lockups And Index Buying After Wild IPO Debut

Space Exploration Technologies (NasdaqGS:SPCX) has seen unprecedented volatility following its IPO, with sharp swings in the share price. Upcoming lockup expirations are set to release substantial insider holdings into the market over the next few months. Potential inclusion in the Nasdaq-100 index and related ETFs could trigger short term buying activity in SPCX shares. Heavy capital expenditures, a recent debt offering, a high P/S multiple and reliance on Starlink profits are drawing...

Firefly Aerospace (FLY) Announces Strategic Acquisition of Space-ng
Insider Monkey45d agoneutral
Firefly Aerospace (FLY) Announces Strategic Acquisition of Space-ng

Firefly Aerospace Inc. (NASDAQ:FLY) is one of the 12 best industrial stocks with more than 50% upside. On June 25, Firefly Aerospace Inc. (NASDAQ:FLY) revealed its strategic takeover of Space-ng. Ethan Rublee, CEO and Co-Founder of Space-ng, together with the rest of his team, will become a part of Firefly as the chief engineer of […]

Jim Cramer on SpaceX: “This Stock Is Now Hostage to the Mechanics of the Market”
Insider Monkey45d agoneutral
Jim Cramer on SpaceX: “This Stock Is Now Hostage to the Mechanics of the Market”

Space Exploration Technologies Corp. (NASDAQ:SPCX) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday’s market rotation. Cramer discussed the stock’s price action after its IPO, as he stated: We saw a slower version of the same trajectory with SpaceX. Now, I was worried that the […]