SpaceX stock fell about 7% after Elon Musk called a Wall Street Journal report of an AI device prototype utterly false.
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SpaceX is a compelling company with very real strengths, but that doesn't necessarily mean the stock is a great buy right now.
Wall Street analysts are broadly bullish on SpaceX stock, with the latest from Wedbush saying the company could become a "major hyperscaler."
SpaceX’s stock slide may be a reason why the ChatGPT and Claude owners should go public before the IPO window shuts.
Investing.com -- Fresh off its historic debut on the public markets, Elon Musk’s SpaceX is keeping the momentum going. The newly public aerospace and tech giant has reportedly showcased a prototype AI-interaction device to investors. The hardware, described as sleeker and thinner than an Apple iPhone, marks an ambitious consumer tech play for the company. SpaceX presented the prototype to key stakeholders and institutional investors in a series of private meetings, according to a report from the
SpaceX is cutting Starlink costs in Memphis as local opposition and legal challenges surround xAI-linked data centers.
OpenAI and Anthropic could burn overeager investors in the same way SpaceX did.
Elon Musk’s SpaceX has developed a prototype for a handset-like device designed to reshape how humans interact with artificial intelligence that SpaceX has shown investors recently. The rocket and AI company showed the prototype, which features a sleek design that is slimmer than an iPhone, to some investors and other stakeholders ahead of the company’s mega initial public offering, according to people familiar with the matter. The prototype was designed to run on a proprietary operating system and integrate AI technology from SpaceX’s xAI, some of the people said.
SpaceX is dominating financial headlines with a record-breaking IPO, a rumored $2 trillion valuation, and a Starlink/Starship hype loop that has retirement-focused investors scrambling for pre-IPO access. The more compelling opportunity sits in plain sight on the public market. The SpaceX trade fails the retirement portfolio test on arithmetic alone. Retail buyers cannot touch the ... Forget SpaceX: This High-Margin Space Data King Is Cheaper
Leveraged ETFs ensure SpaceX will be even more volatile than expected, and it can affect the entire market.
Space stocks are diverging sharply at midday Wednesday, with the market’s newest space giant sliding even as smaller rivals rally on their own catalysts. SpaceX (NASDAQ:SPCX) shares are down 6% to $159.81, while Rocket Lab (NASDAQ:RKLB) stock is up 4% to $105.64 and Virgin Galactic (NYSE:SPCE) stock is climbing 3% to $2.99. The split looks ... SpaceX Falls 6% Despite a Bullish Dan Ives Rating as Rocket Lab Climbs 5%, Virgin Galactic Rises 3%
SpaceX stock will begin trading as a member of the Nasdaq-100 on July 7.
Global equity fundraising topped $729.4 billion in the first half of 2026, boosted by SpaceX’s record IPO, marking the second-best start to the year on record, according to Mergermarket data. It's only the third time tech fundraising passed the $100 billion mark at the year midpoint—the other two were in 2000 and in 2021. Neither period augured well for the near-term performance of equity markets.
The SpaceX phone rout might be coming to an end for shares of the three largest U.S. cellular service providers, but there may still be more pain on the way for Verizon Communications, AT&T, and T-Mobile.
Wedbush sets a $190 price target on SpaceX stock.
Bending Spoons’ listing comes after U.S. IPOs raised a record haul in the first six months of the year.
Many major equity markets ended H1 close to record highs, driven by continued strength in artificial intelligence, resilient corporate profits and a willingness among investors to buy every meaningful dip, writes Neil Wilson
Wedbush has initiated coverage of SpaceX Corp (NASDAQ:SPCX) with an 'outperform' rating and a $190 price target, implying 16% upside from Tuesday's close of $163.33, arguing the company is becoming a hyperscaler in its own right rather than just a rocket company. Dan Ives and his team frame...

Film studio Neon has bought "Artificial" — the Luca Guadagnino-directed biopic about OpenAI (OPAI.PVT) co-founder and CEO Sam Altman — after Amazon MGM Studios (AMZN) dropped the film. Morning Brief Host Brooke DiPalma is joined by Yahoo Finance Senior Reporter Pras Subramanian and Payne Capital Management president Ryan Payne to discuss the subject matter of the film and whether it could impact OpenAI's IPO expectations.
Tech bull Dan Ives of Wedbush initiated coverage of SpaceX with an Outperform rating and a $190 price target, weighing in on a stock that has whipsawed investors in the three weeks since its record-setting initial public offering. Ives sees SpaceX as a player in the hyperscaler wars too.
According to a Bloomberg report, Meta is preparing to enter the AI cloud infrastructure market by selling AI computing power, in a bid to take on Amazon and Microsoft.
A major catalyst will arrive for SpaceX in August.
X Money officially launched in late June for U.S. premium subscribers, offering enhanced benefits including an eye-popping 6% yield.
Meta is developing plans for a cloud infrastructure business, selling access to AI compute power and models. The move would pit it against the big cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure.
In the stock's second week of trading, investors are wondering whether the price swing is an opportunity or a warning.

