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Google and Tesla Wrap Up a Magnificent Day
The Wall Street Journal40d agoneutral
Google and Tesla Wrap Up a Magnificent Day

It was a good day for the Magnificent Seven—at least some of them. Tesla stock ended Monday's session up 8.5%, perhaps riding the coat tails of SpaceX, which was up 7.1%. The two Elon Musk companies are tightly linked, jointly developing a chip fabrication complex in Texas.

OpenAI IPO likely won't wait until 2027 says analyst
Reuters Videos40d agoneutralVIDEO
OpenAI IPO likely won't wait until 2027 says analyst

<body><p>STORY: "I still think that they're going to be scheduled to release their stock and do an IPO later on this year in 2026. I don't see why not. The conditions are real good right now. The banks want to get paid," said Lang.</p><p>Lang said SpaceX's strong IPO and upcoming addition to the Nasdaq 100 on July 7 could encourage other high-profile AI companies, including Anthropic and OpenAI, to move toward public listings.</p><p>He said investor demand for SpaceX remains strong, with funds likely to keep buying as index-related demand increases.</p><p>The New York Times reported last week that OpenAI was considering delaying its IPO until 2027, citing people involved in the company's deliberations. Reuters has reported the company is targeting a valuation of up to $1 trillion.</p><p>According to the NYT, advisers presented OpenAI executives with the option of waiting until 2027 to seek a $1 trillion valuation or accepting a lower valuation for a quicker listing. CEO Sam Altman said any change to the trillion-dollar target was a non-starter.</p></body>

Pitchbook40d agobullish
Charter bonds surge on SpaceX deal chatter, Comcast spinoff news

Bonds backing Charter Communications popped this morning, buoyed by reports of a potential mobile phone partnership with SpaceX as well as the revelation that rival Comcast Corp. plans to split into two publicly traded companies. Charter stock surged after Bloomberg reported that the company is in discussions to route some phone traffic through SpaceX’s direct-to-cell service, which SpaceX already operates in partnership with T-Mobile. This would enable Charter to pivot from its massive and cost

Rocket Lab expands satellite business with Iridium deal
Yahoo Finance Video40d agoneutralVIDEO
Rocket Lab expands satellite business with Iridium deal

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Market Domination to discuss Rocket Labs' (RKLB) deal to purchase Iridium Communications (IRDM), how the deal expands its satellite capabilities, and whether it strengthens the company's position against SpaceX (SPCX).

A Top Investor Calls SpaceX’s 83x Valuation ‘Bubblicious,’ Even If Starlink Pulls It Off
24/7 Wall St.40d agoneutral
A Top Investor Calls SpaceX’s 83x Valuation ‘Bubblicious,’ Even If Starlink Pulls It Off

David Bahnsen, Chief Investment Officer at The Bahnsen Group, went on CNBC this morning and did something most guests on financial television will not do when the subject is Elon Musk. He used the word “bubblicious” about a stock he owns. The stock is SpaceX (NASDAQ:SPCX), which IPO’d on June 12, 2026 and currently carries ... A Top Investor Calls SpaceX’s 83x Valuation ‘Bubblicious,’ Even If Starlink Pulls It Off

The SpaceX Nasdaq fast-track just left the S&P 500 flat-footed
TheStreet40d agoneutral
The SpaceX Nasdaq fast-track just left the S&P 500 flat-footed

Millions of Americans invest in S&P 500 index funds as their primary retirement vehicle. But they are now watching from the sidelines as SpaceX becomes one of the fastest stocks ever to land inside one of Wall Street's most powerful benchmarks, and it is not the one they own. The split is ...

Musk reveals SpaceX revenue milestone that would leave him 'disappointed'
TheStreet40d agoneutral
Musk reveals SpaceX revenue milestone that would leave him 'disappointed'

Elon Musk does not do modest targets. On Monday morning, he responded to bullish analyst projections for SpaceX with a post on X that set a higher bar still, he would be "disappointed" if the company failed to significantly exceed them. The projections in question came from the post from ...