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Elon Musk's startling claim to SpaceX investors
TheStreet25d agoneutral
Elon Musk's startling claim to SpaceX investors

Someone on X (the former Twitter) was criticizing the deal Anthropic struck with SpaceX to use its Colossus data centers. The argument was that handing $45 billion to SpaceX through May 2029 could be a massive unforced error, potentially letting xAI drain Anthropic's token traffic and leaving ...

SpaceX (SPCX) Stock Looks Overvalued Even After The 10% Pullback
Simply Wall St.25d agoneutral
SpaceX (SPCX) Stock Looks Overvalued Even After The 10% Pullback

Space Exploration Technologies stock has pulled back in the past month, yet valuation checks still point to a rich pricing that sits uncomfortably alongside the recent share price weakness. The share price is down about 9.7% over the past month, which takes some heat out of the post IPO enthusiasm but has not resolved concerns about how much is already priced in. Analysts are highlighting long term potential from Starlink and AI infrastructure, while heavy spending and sizeable losses in...

SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks
24/7 Wall St.25d agobearish
SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks

Shares of SpaceX (NASDAQ:SPCX) are down 5% to $138.58 in early Monday trading, a fresh record low that sits below the $150 debut price and well off the $225 peak on June 16. The slide extends a bruising stretch for the stock, which had already dropped 10% over the prior week. Rocket Lab (NASDAQ:RKLB) is ... SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks

SpaceX Stock Flirts With New Lows
The Wall Street Journal25d agoneutral
SpaceX Stock Flirts With New Lows

Shares of SpaceX are headed for a new post-IPO low, as they get closer to their offering price of $135. Shares traded as low as $137.68 before recovering a bit to trade above $139, down about 4% on the day.

SpaceX Plans Starship Test Flight After Delay
The Wall Street Journal25d agoneutral
SpaceX Plans Starship Test Flight After Delay

SpaceX plans to launch the newest version of its Starship rocket later this week, after a mishap postponed an earlier planned mission and prompted the Federal Aviation Administration to require an investigation into the issue.

Why the KOSPI is pulling back and what it means
Yahoo Finance Video25d agoneutralVIDEO
Why the KOSPI is pulling back and what it means

Yahoo Finance Executive Editor Brian Sozzi sits down with Yahoo Finance Markets and Data Editor Jared Blikre to break down the recent KOSPI pullback, what's driving the decline, and what it could mean for global markets and investors.

Is AI Running Out Of Money?
24/7 Wall St.25d agoneutral
Is AI Running Out Of Money?

Tech giants are borrowing at a pace that would have seemed unthinkable just a few years ago, betting that AI revenues will eventually justify the load. But skeptical investors, blocked construction projects, and corporate silence about real returns are raising questions the industry does not yet have answers for.

Bloomberg25d agoneutral
Wall Street Banks Set to Pull in Almost $39 Billion From Trading

(Bloomberg) -- Wall Street’s trading bonanza is poised to keep rolling. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysTrump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Renews Iran Strikes as Both Sides Dispute Hormuz StatusThe biggest US banks — set to kick off a marathon Tuesday with five of those firms reporting se

SpaceX (SPCX) Faces Brand Trust Questions After X Accounts Push SCATMAN Scam
Simply Wall St.25d agoneutral
SpaceX (SPCX) Faces Brand Trust Questions After X Accounts Push SCATMAN Scam

Hacker gains control of SpaceXAI and Starlink X accounts to promote a SCATMAN token rug pull scam. Fraudulent posts use official branding to drive investors into a crypto token before funds are siphoned away. Control of the accounts is eventually restored, but questions emerge around social media security and oversight. Incident affects digital trust in Space Exploration Technologies, NasdaqGS:SPCX, rather than core space or satellite operations. Space Exploration Technologies,...

Gary Black Thinks SpaceX Stock Could Soon Trade Below Its IPO Price—Here's Why
Benzinga25d agoneutral
Gary Black Thinks SpaceX Stock Could Soon Trade Below Its IPO Price—Here's Why

Investor Gary Black of The Future Fund LLC said on Monday that Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) shares could drop below the IPO price of $135/share in the coming days. SPCX’s Share Lock-Up In a post on X, the investor said that the company’s shares will likely fall below “its $135 IPO price as 20% of locked shares become free in early-August.” Read Also: Elon Musk Says SpaceX Will Fly Orbital Data Centers Next Year—Jim Chanos Isn't Buying It The investor is pointi

Is Space Exploration (SPCX) the Best Space Technology Stock To Buy Now?
Insider Monkey25d agobullish
Is Space Exploration (SPCX) the Best Space Technology Stock To Buy Now?

Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the Best Space Technology Stocks to Buy Now. Wall Street has a positive opinion about Space Exploration Technologies Corp. (NASDAQ:SPCX). Recently, on July 7, Deutsche Bank initiated coverage of the stock with a Buy rating and a $225 price target. On the same day, Cantor Fitzgerald also […]