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Why SpaceX has yet to lift the space economy: Fundstrat
Yahoo Finance Video53d agoneutralVIDEO
Why SpaceX has yet to lift the space economy: Fundstrat

SpaceX (SPCX) is on the ropes as it tries to maintain its post-IPO gains just two weeks after going public, all while Elon Musk's company hasn't helped lift the broader space economy. Fundstrat economic strategist Hardika Singh comes on Market Domination to discuss the trajectory of both SpaceX and other space stocks over the last two weeks.

Susquehanna Initiates Space Exploration (SPCX) With a Neutral Rating
Insider Monkey53d agoneutral
Susquehanna Initiates Space Exploration (SPCX) With a Neutral Rating

​Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the Most Promising New Technology Stocks to Buy According to Analysts. Space Exploration Technologies Corp. (NASDAQ:SPCX) had a record-breaking $75 billion IPO on June 12. Although the stock price has dipped a little due to valuation concerns, the Street expects more than 28% upside from the current […]

Bloomberg53d agoneutral
AI Rout Exposes Wall Street’s $270 Billion Speculation Machine

(Bloomberg) -- This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormuz May Have to PayMamdani Rent Freeze Cheers Weary Tenants, Alarms La

Millionaire shorts SpaceX as price crashes
TheStreet53d agobearish
Millionaire shorts SpaceX as price crashes

When Elon Musk's SpaceX (Nasdaq: SPCX) made its public debut on June 12, crypto traders were ecstatic that a publicly listed Wall Street giant holds Bitcoin (BTC) on its balance sheet. The accumulation is not surprising, given that Musk himself has hailed cryptocurrencies like ...

SpaceX at Risk of Slipping Below $2 Trillion Market Cap
The Wall Street Journal53d agobullish
SpaceX at Risk of Slipping Below $2 Trillion Market Cap

SpaceX shares are trading near the level at which the rocket maker's market cap would drop below $2 trillion for the first time. The stock recently traded at $152.50, about 80 cents above the level where the market cap would slip below $2 trillion. This week, SpaceX shares have declined about 18%, putting them near their opening IPO price of $150, a sign of waning enthusiasm for the biggest listing of all time.

How SpaceX volatility could impact your 401(k)
Yahoo Finance Video53d agoneutralVIDEO
How SpaceX volatility could impact your 401(k)

Yahoo Finance Senior Columnist Kerry Hannon joins Market Catalysts to discuss what SpaceX's (SPCX) volatility could mean for investors' 401(k) portfolios and shares advice on what retirement savers should consider amid market swings.

SpaceX stock slide sends chill through tech rally, investor says
Reuters Videos53d agobullishVIDEO
SpaceX stock slide sends chill through tech rally, investor says

<body><p>STORY: After a blockbuster initial public offering this month, SpaceX's stock has been on a wild ride, soaring 67% to its June 16 intraday high of $225.64 before tumbling to Thursday's $153 close.</p><p>And on Friday, a report that fellow AI powerhouse OpenAI was considering delaying its public debut until next year weighed on risk sentiment toward the tech space.</p><p>Conzo said that while the market believes in the future of AI and the heavy investment needed to build it, investors are still wondering when the CapEx spending will start to "really yield profits for the companies that are going to use it?"</p></body>

Reuters53d agoneutral
Verizon bids $3.2 billion to win US spectrum licenses

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?
24/7 Wall St.53d agobullish
Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?

Space stocks are catching a bid in Friday midday trading. Virgin Galactic (NYSE:SPCE) stock is up 13% to $2.83, AST SpaceMobile (NASDAQ:ASTS) stock is up 9% to $71.72, and Rocket Lab (NASDAQ:RKLB) stock is up 5% to $84.40. The synchronized move has reignited a familiar debate on trading desks and financial social media. The question ... Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?

OpenAI IPO delay sends AI tokens crashing
TheStreet53d agobearish
OpenAI IPO delay sends AI tokens crashing

Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...

A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap
24/7 Wall St.54d agoneutral
A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap

Two weeks after the largest IPO in history priced, SpaceX (NASDAQ:SPCX) opened at $1.8 trillion valuation and has drifted to roughly $2 trillion, which Chad Anderson, managing partner at Space Capital and a decade-long SpaceX backer, calls cheap. Speaking on CNBC on June 26, Anderson argued the space economy has been structurally underpriced for years and ... A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap

SpaceX volatility just entered ordinary 401(k)s
TheStreet54d agoneutral
SpaceX volatility just entered ordinary 401(k)s

The post-IPO drop from SpaceX could be felt by traders who chased one of the hottest public offerings in years. It’s quickly turning into something bigger. SpaceX (SPCX) has already transitioned from market spectacle to portfolio reality. Some investors might own SpaceX without ever purchasing the ...