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Rakuten satellite project to receive up to $912 million in Japan govt grant
Reuters39d agoneutral
Rakuten satellite project to receive up to $912 million in Japan govt grant

The Japanese government will grant up to ‌148 billion yen ($912 million) to ‌Rakuten Group to help it build a ​satellite communications network, industry group Communications and Information Network Association of Japan said on Tuesday. Rakuten, an e-commerce, financial ‌and telecommunications ⁠conglomerate, is in talks with AST SpaceMobile of the ⁠United States to form a joint venture for the project, a Rakuten ​spokesperson said. •Japan ​currently depends ​on SpaceX's Starlink ‌and other services offered by foreign companies for low-orbit satellite communications, and it aims to nurture home-grown operators to boost its economic security.

How SpaceX Stock Is Impacting Tesla Shares
Barrons.com39d agoneutral
How SpaceX Stock Is Impacting Tesla Shares

SpaceX stock and Tesla shares are doing something surprising: They are rising and falling together. Shares of Elon Musk’s rocket and AI company were down 0.6% in premarket trading at $163.25, while and futures were up 0.1% and 0.2%, respectively. SpaceX stock gained 7.2%, its best day since June 15, which was the second day of trading post-IPO.

SpaceX (SPCX) Faces Valuation Test as Argus Initiates Coverage With Hold
Insider Monkey39d agoneutral
SpaceX (SPCX) Faces Valuation Test as Argus Initiates Coverage With Hold

Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the 14 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More. On June 26, Argus initiated SpaceX as “Hold,” citing concerns over valuation and volatility. We are initiating coverage of Space Exploration Technologies Corp. (Nasdaq: SPCX) with a HOLD rating. The firm noted how SpaceX’s […]

Dell Technologies (DELL) Faces Valuation and Competition Concerns After Strong Rally
Insider Monkey39d agobullish
Dell Technologies (DELL) Faces Valuation and Competition Concerns After Strong Rally

Dell Technologies Inc. (NYSE:DELL) is one of the 14 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More. Even though near-term tailwinds exist for Dell Technologies, one analyst firm believes that its current valuation and long-term competitive risks leave little room for upside. On June 25, GF Securities analyst Jeff Pu downgraded the […]

Inside the SpaceX trading frenzy
CNN Business40d agoneutral
Inside the SpaceX trading frenzy

SpaceX was expected to be one of the hottest stocks on Wall Street this year – and it has quickly delivered on that promise, shattering trading volume records while companies race to launch new products tied to the stock.

Bloomberg40d agoneutral
SpaceX IPO Left Korea Broker With No Shares on Misunderstanding

(Bloomberg) -- It was supposed to be the deal that vaulted Mirae Asset Securities Co. into the global big leagues.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesPrabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaBut SpaceX’s record-breaking initial public offering

SpaceX gets brutal verdict from legendary Wall Street investor
TheStreet40d agoneutral
SpaceX gets brutal verdict from legendary Wall Street investor

The bearish case for SpaceX is no longer coming from just one corner of Wall Street. I've now heard concerns from traders, investors, and market veterans. Previously, I have covered the former Nasdaq CEO's lockup warning, Jim Cramer's verdict that it "couldn't sustain the walk-up," and Doug Kass's ...

Is Index Removal And Starlink Rivalry Altering The Investment Case For T-Mobile US (TMUS)?
Simply Wall St.40d agoneutral
Is Index Removal And Starlink Rivalry Altering The Investment Case For T-Mobile US (TMUS)?

T-Mobile US recently faced removal from the Russell Top 50 Index and Russell 1000 Dynamic Index, while its board declared a US$1.02 per-share cash dividend payable on September 10, 2026 to shareholders of record on August 28, 2026. At the same time, investors are assessing how SpaceX’s planned Starlink mobile service and potential partnerships could reshape competition for T-Mobile’s core wireless business. We’ll now examine how the competitive threat from SpaceX’s planned Starlink mobile...