Anthropic is reportedly working with major banks to expand its borrowing capacity as the artificial intelligence startup gears up for a potential public listing later this year. OpenAI Rival Anthropic Reportedly Seeks Fresh Bank Credit For IPO Anthropic is in...
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(Bloomberg) -- After last week’s wipeout in chips and the broader selloff in technology stocks, pressure is building for the biggest spenders on artificial intelligence to justify their expenditures to beleaguered traders with increasingly itchy fingers hovering over their sell buttons.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz
When the IPO calendar floods with splashy new tickers, even cautious retirees feel the pull to chase a catch-up trade. But a quirk in the tax code means a winning bet can quietly cost more than most retirees ever see coming.
Tesla (TSLA) CEO Elon Musk, whom JPMorgan CEO Jamie Dimon once called “our Einstein", has had plenty on his plate lately. SpaceX’s (SPCX) latest Starship launch was aborted, sending the stock tumbling below its IPO price to $123.99 on Friday, 45% below its post-listing peak, according to ...
The space economy is already having its strongest year on record, and there are still two quarters to go.
SpaceX stock fell below its IPO price as short sellers pile in, but Musk insists the firm will outvalue Earth.
Elon Musk's companies have significant upside potential but also face substantial risks.
Yasmin Razavi holds an unusual position: She is the only outside investor on Anthropic’s board of directors. The general partner at Spark Capital invested in Anthropic relatively late by traditional venture capital standards, leading the company’s Series C financing in May 2023, its third round and two years after siblings Dario and Daniela Amodei left OpenAI to found it amid concerns over AI safety. Razavi is part of a new generation of investors transforming venture capital.
Semiconductor stocks came under renewed pressure as investors continued to digest Taiwan Semiconductor Manufacturing (TSM)’s higher 2026 capital expenditure guidance.
A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week
Elon Musk's SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter. Such an agreement would extend the Pentagon's existing relationship with SpaceX, a key partner for rocket launches and satellite-based communications and missile tracking. According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling computing capacity to AI customers at lower prices.
The company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said.
By Joey Roulette WASHINGTON, July 17 (Reuters) - SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief
A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week
Starship Launch Abort Sends SpaceX Stock Lower for Fifth Straight Session
It had to happen. After the June 11 market close, Elon Musk took his Space Exploration Technologies Corp. (otherwise known as SpaceX) public. Price: $135 a share. Result: The company raised some $75 billion before expenses. The next day, when the shares could be traded, the shares reached $176.52, ...
SpaceX’s valuation has swooned over the past month, and as of late Friday morning was more than $1 trillion lower than its peak, according FactSet. The company’s market capitalization hit a recent peak at almost $2.7 trillion on June 16, four days after shares in the company made their trading debut. SpaceX’s stock was trading down almost 6% around 11:15 a.m. ET.
The rocket launch leader scrapped its much-anticipated Starship launch, and there's a lot investors should know.
Investing.com -- SpaceX stock continued lower on Friday as the space exploration and artificial intelligence company moved toward erasing more than $1 trillion from its peak market value.
The GMO founder isn’t keen on SpaceX’s claims about asteroid mining, space tourism, or other pie-in-the-sky tech. Here’s why he’s anticipating a crash back to Earth.
By Courtney Rozen WASHINGTON, July 17 (Reuters) - U.S.
Coatue Management is leading a $3 billion investment in Databricks, a data-analytics software provider, that values the company at $188 billion, according to people familiar with the matter. The new financing represents a 40% increase from its valuation in December, when Databricks raised money at a $134 billion valuation. It recently released a new software tool, called Unity AI Gateway, that allows companies to access AI models and track their spending on the technology.
Investors have closely followed SpaceX since its record IPO.
Flight 13 could advance Starship development and support future orbital missions, lunar contracts and Starlink expansion.
All Eyes on SpaceX as Starship Takes Flight in First Mission Since IPO
SpaceX's post-IPO performance is trailing among this year's top 10 blockbuster debuts. Shares will close below the rocket maker's $135 IPO price for the first time if the current price around $131 holds.
Elon Musk's SpaceX went public on June 12 at $135 a share. It briefly touched $225.64 on June 16, a 40% surge in four days that made it one of the most explosive IPO debuts in history. But by July 15, shares hit an all-time low of $132.75, dipping below the IPO price of $135 for the first time. The ...
If artificial intelligence rewrites the future of work, Tesla and SpaceX CEO Elon Musk thinks it should rewrite the future of paychecks, too. "Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with...
Investing.com -- Piper Sandler initiated coverage of SpaceX at Neutral with a price target of $156 in a note Thursday, citing idiosyncratic near-term headwinds despite a constructive multi-year view on the company.

SpaceX (SPCX) stock dipped below its $135 IPO price for the first time since its debut. This comes as the company prepares for its 13th Starship test flight. Laffer Tengler Investments CEO and CIO, Nancy Tengler, explains why her confidence in the company hasn't shaken.