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SpaceX (SPCX)’s Space Data Center Dream Runs into Four Very Earthly Problems
Insider Monkey2d agoneutral
SpaceX (SPCX)’s Space Data Center Dream Runs into Four Very Earthly Problems

On September 6, 2026, CNBC reported that Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk is targeting a late-2027 launch for orbital AI data centers, but industry analysts said real scale is more likely a 2030s event. Experts point to four unresolved hurdles: dissipating heat in a vacuum, protecting hardware from radiation, the risk that […]

SpaceX Stock Rises Again. AI Demand Isn’t Slowing Down.
Barrons.com2d agoneutral
SpaceX Stock Rises Again. AI Demand Isn’t Slowing Down.

AI demand just isn’t slowing down, and SpaceX stock was up again early Thursday. Shares of Elon Musk’s rocket and AI company were up 1.5% at $153.08 in premarket trading, while and futures were up 0.8% and 0.7%, respectively. SpaceX scheduled the 14th test flight for its huge, fully reusable rocket, Starship, which might have helped.

Penguin Solutions (PENG) Stock Jolted By AI Slowdown Call From Top Tech CEOs
Simply Wall St.2d agoneutral
Penguin Solutions (PENG) Stock Jolted By AI Slowdown Call From Top Tech CEOs

Penguin Solutions (NasdaqGS:PENG) moved after a public call from Anthropic, OpenAI and SpaceX CEOs to slow advanced AI model development. The coordinated message, delivered this week, urged tighter guardrails on cutting edge AI systems and future training runs. Investors reacted quickly, with Penguin Solutions' share price showing a clear response to the AI sector statement. This joint appeal to rein in advanced AI projects frames new questions for Penguin Solutions' funding pipeline and...

SpaceX (SPCX) Hands Investors $8.5 Billion In Shares Through In Kind Distribution
Simply Wall St.2d agoneutral
SpaceX (SPCX) Hands Investors $8.5 Billion In Shares Through In Kind Distribution

Space Exploration Technologies (NasdaqGS: SPCX) backer Valor Equity Partners distributed about US$8.5b of SpaceX shares in kind to its limited partners. The distribution shifts a sizeable stake from a single early institutional holder to a wider base of Valor fund investors. Valor continues to retain a meaningful position in SpaceX after the transaction, keeping the firm involved as a long term shareholder. Valor Equity Partners' US$8.5b in kind SpaceX share distribution lands against wider...

The SpaceX IPO Gave This Couple License to Chase Their Dreams
The Wall Street Journal2d agoneutral
The SpaceX IPO Gave This Couple License to Chase Their Dreams

Brian Aggrey worked at SpaceX for over a decade. After the company’s record-breaking IPO in June, he and his wife, Phoebe Novack, saw their fortunes increase dramatically. In July, they traveled to Milan and Cote d’Azur and stayed in the French countryside, where Novack took acting classes over the summer.