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Investing.com58d agoneutral
Google reports $94 billion stake in SpaceX following historic IPO

Investing.com -- In an SEC filing today, Google parent company Alphabet officially revealed the staggering magnitude of its decade-long bet on SpaceX following the rocket manufacturer’s record-breaking public market debut: $94 billion. According to Alphabet’s Q2 10-Q report, the vast majority of the equity holding—$80 billion—is bound by short-term post-IPO lockup restrictions that temporarily prevent selling. An additional $14.1 billion in shares is subject to long-term lockups extending throug

$1 Trillion Anthropic IPO Is a Go. Here’s Why I Won’t Touch It
24/7 Wall St.59d agoneutral
$1 Trillion Anthropic IPO Is a Go. Here’s Why I Won’t Touch It

Anthropic is racing toward one of the largest IPOs in technology history, with private investors already pricing the Claude AI maker at staggering heights. But recent high-profile listings offer a cautionary tale that every excited investor should sit with before opening day.

Bloomberg59d agoneutral
SpaceX Attempts Major Flight Test Again in Post-IPO Spotlight

(Bloomberg) -- SpaceX will again attempt a major test of its massive Starship rocket on Thursday after abandoning takeoff last week, exposing investors to the risks of the company’s rocky development cycle and heightening the stakes for the critical milestone.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty

Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap
Reuters59d agoneutral
Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap

Tesla CEO Elon Musk on Wednesday left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to ‌dismiss the possibility and citing growing overlap between the companies. “As you can tell from the many ‌collaborations on so many fronts with SpaceX, there’s more and more overlap,” Musk said on Tesla's earnings call. “We can't talk about, you know, ​combining companies and that kind of thing on an earnings call," he added.

Tesla-SpaceX merger? Musk cites 'more and more overlap'
Yahoo Finance Video59d agoneutralVIDEO
Tesla-SpaceX merger? Musk cites 'more and more overlap'

Elon Musk addresses shareholder questions about a potential merger between Tesla (TSLA) and SpaceX (SPCX), noting their growing operational overlap before deferring to Tesla's General Counsel, who highlights their strategic partnership and joint work on initiatives like Terafab and Digital Optimus.

Other Call Highlights, Including a SpaceX Merger Question
Barrons.com59d agoneutral
Other Call Highlights, Including a SpaceX Merger Question

Many topics came up, including questions about a potential merger with Elon Musk's other trillion-dollar company, SpaceX. Tesla robo-taxis are running version 15 of the company's Full Self Driving, or FSD, software. The updated version is designed to improve self-driving capabilities.

Cathie Wood makes $20.5M bet on sliding tech stock
TheStreet59d agoneutral
Cathie Wood makes $20.5M bet on sliding tech stock

SpaceX (SPCX) investors are reeling after a brutal sell-off. The stock has comfortably slipped below its $135 IPO price, according to Yahoo Finance, facing concerns over Starship delays, an incredibly rich valuation, and a major post-earnings lockup release. Consequently, SpaceX closed ...

Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom
Associated Press59d agobullish
Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom

Google parent company Alphabet Inc. posted stronger-than-expected results for its second quarter, a sign that it's massive artificial intelligence spending spree is paying off so far and advertising revenue is coming in strong. Google did not disclose an adjusted earnings figure that's comparable to analysts' expectations, which was $2.88 per share. Google saw a net gain of $98 billion, mainly as a result of gains on its equity investments — mostly in SpaceX, which went public in June.

Rocket Lab just landed a $266 million rocket deal
TheStreet59d agoneutral
Rocket Lab just landed a $266 million rocket deal

Rocket Lab built its name launching small rockets from a remote pad in New Zealand, a company founded by Peter Beck in 2006 with a fraction of the budget of its bigger rivals. Lately, its biggest headlines have come from a rocket that has not flown yet. Neutron, the medium lift vehicle designed to ...

Why Tesla's Earnings Matter for SpaceX Stock
Barrons.com59d agoneutral
Why Tesla's Earnings Matter for SpaceX Stock

Tesla and SpaceX, of course, are separate companies. What Elon Musk says on Tesla's Wednesday earnings conference call will move Tesla stock, but it could impact SpaceX shares, too. Tesla owns a small stake in SpaceX, which it acquired after SpaceX merged with xAI in February.

Bloomberg59d agoneutral
Wall Street Won’t Give Up on Saylor’s Strategy, Sees 170% Upside

(Bloomberg) -- Michael Saylor’s Strategy Inc. is confronting a collapse of confidence almost everywhere — except among Wall Street analysts. Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions LiftOpenAI Models Hacked Another Company’s Systems by MistakeDespite cut

What's the next catalyst for SpaceX stock ahead of its first earnings
Yahoo Finance Video59d agoneutralVIDEO
What's the next catalyst for SpaceX stock ahead of its first earnings

SpaceX (SPCX) stock is ebbing and flowing in Wednesday's session as Elon Musk's space venture struggles to claw back losses since sinking below its IPO price. The company has scheduled to release its first quarterly earnings results on Tuesday, August 4. Yahoo Finance Senior Transports Reporter Pras Subramanian sits down with Julie Hyman to talk more about SpaceX's stock moves and important dates for investors to know.