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SpaceX Sells $25 Billion of Bonds, Cuts Interest Costs
Bloomberg56d agobearishVIDEO
SpaceX Sells $25 Billion of Bonds, Cuts Interest Costs

SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Elon Musk's acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by xAI to bridge its rapid cash drain. Bloomberg's Manuel Baigorri reports.

Betting on SpaceX and Other Hot AI Names With ‘Synthetic Stock’
Barrons.com56d agoneutral
Betting on SpaceX and Other Hot AI Names With ‘Synthetic Stock’

For true believers and skeptics alike, it’s hard to beat the benefits of using options to create attractive payouts while defining risk. Rather than buying AI stocks, investors can create “synthetic stock” that risks less money while maximizing gains. Dealers and other institutional investors are using the options trading action on Space Exploration Technologies ’ recent stock offering to map out how to play other hot AI IPOs, including those of OpenAI and Anthropic, expected later this year, while also using those insights to trade the broader AI theme.

Tesla stock has a SpaceX problem, veteran analyst says
TheStreet56d agoneutral
Tesla stock has a SpaceX problem, veteran analyst says

The global investment bankJefferies just added a fresh twist to the Tesla (TSLA) stock debate. According to TheFly, veteran analyst Philippe Houchois kept his cautious stance on Tesla, but his latest take goes beyond deliveries, margins, robotaxis or EV demand. His concern is tied to SpaceX ...

Elon Musk Is Now Richer Than His Native South Africa—And Wealthier Than These Countries
Benzinga56d agoneutral
Elon Musk Is Now Richer Than His Native South Africa—And Wealthier Than These Countries

Space Exploration Technologies Corp. CEO Elon Musk’s fortune has reached a level once reserved for the world’s largest economies, making the trillionaire entrepreneur wealthier than the annual economic output of most countries on the planet. Elon Musk’s Wealth Surpasses South Africa’s Economy Musk’s net worth stands at approximately $1.2 trillion, according to Forbes. His net worth was propelled largely by the soaring value of SpaceX, which earlier this month debuted on public markets at a valua

SoftBank's founder picks side in space data center fight
TheStreet56d agoneutral
SoftBank's founder picks side in space data center fight

SoftBank Group (SFTBY) founder Masayoshi Son dismissed the idea of building data centers in space, breaking publicly with the vision Elon Musk has spent the past year building toward. Son made the comments at his own company’s shareholder meeting, according to a Seeking Alpha report. The contrast ...

The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever
etf.com57d agoneutral
The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever

<p>SpaceX’s IPO smashed records, as investors clamored to gain access, pouring in billions to any kind of SpaceX exposure they could get their hands on. One ETF benefited for a couple hours, having changed its entire mandate overnight to capture the hype, before being halted. Tune into this episode of <em>ETF Zoo</em> for the scoop and the precedent it may set for ETFs looking ahead. </p>

Market Talk: SpaceX a stock 'you want to keep accumulating,' says investor
Reuters Videos57d agoneutralVIDEO
Market Talk: SpaceX a stock 'you want to keep accumulating,' says investor

<body><p>STORY: :: Lisa Bernhard, Reuters</p><p>:: Nancy Tengler, CEO and Chief Investment Officer, Laffer Tengler Investments</p><p>SpaceX's stock extended its wild ride on Tuesday, briefly falling below its first-day opening price before rebounding on an otherwise weak day for the tech sector – sharpening Wall Street’s focus on the shifting balance between buyers and sellers of the volatile shares.</p></body>