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SoftBank's founder picks side in space data center fight
TheStreet47d agoneutral
SoftBank's founder picks side in space data center fight

SoftBank Group (SFTBY) founder Masayoshi Son dismissed the idea of building data centers in space, breaking publicly with the vision Elon Musk has spent the past year building toward. Son made the comments at his own company’s shareholder meeting, according to a Seeking Alpha report. The contrast ...

The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever
etf.com47d agoneutral
The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever

<p>SpaceX’s IPO smashed records, as investors clamored to gain access, pouring in billions to any kind of SpaceX exposure they could get their hands on. One ETF benefited for a couple hours, having changed its entire mandate overnight to capture the hype, before being halted. Tune into this episode of <em>ETF Zoo</em> for the scoop and the precedent it may set for ETFs looking ahead. </p>

Market Talk: SpaceX a stock 'you want to keep accumulating,' says investor
Reuters Videos47d agoneutralVIDEO
Market Talk: SpaceX a stock 'you want to keep accumulating,' says investor

<body><p>STORY: :: Lisa Bernhard, Reuters</p><p>:: Nancy Tengler, CEO and Chief Investment Officer, Laffer Tengler Investments</p><p>SpaceX's stock extended its wild ride on Tuesday, briefly falling below its first-day opening price before rebounding on an otherwise weak day for the tech sector – sharpening Wall Street’s focus on the shifting balance between buyers and sellers of the volatile shares.</p></body>

Trading Day: Chip wreck
Reuters47d agoneutral
Trading Day: Chip wreck

By Jamie McGeever ORLANDO, Florida, June 23 (Reuters) - Global stocks slumped in a tech-fueled selloff on Tuesday, with investors unnerved by growing debt-funded AI spending, the prospect of a more

Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential
Insider Monkey47d agobullish
Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 39 AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is […]

Forget SpaceX: Redditors Think This Asian Stock Has 10X Potential
Insider Monkey47d agoneutral
Forget SpaceX: Redditors Think This Asian Stock Has 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. Grab Holdings (NASDAQ:GRAB) ranks #3 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 50 Grab Holdings (NASDAQ:GRAB) is Southeast Asia’s dominant super-app spanning ride-hailing, food delivery, grocery delivery, and financial services including digital banking, lending, […]

SpaceX launches $25 billion notes offering, source says
Reuters47d agoneutral
SpaceX launches $25 billion notes offering, source says

Elon Musk's SpaceX has launched a five-tranche notes offering aimed at raising at ‌least $25 billion, a source familiar with the ‌matter said on Tuesday, as the newly public company seeks funding ​for its capital-intensive AI expansion. SpaceX's AI ambitions carry a hefty price tag, requiring tens of billions of dollars in investment in data centers, computing hardware and power ‌infrastructure. The offering consists of ⁠5-year, 7-year, 10-year, 20-year, 30-year tenor senior unsecured notes, according to a document seen ⁠by Reuters.

Investing.com47d agoneutral
SpaceX bond sale draws $89 billion in investor demand

Investing.com -- SpaceX attracted approximately $89 billion in demand for its first U.S. bond sale, according to a Bloomberg report on Tuesday. The offering is set to become one of the largest deals in the U.S. investment-grade market this year.

SpaceX shares tick higher after two-day slump erases $600B
Proactive47d agobearish
SpaceX shares tick higher after two-day slump erases $600B

SpaceX Corp (NASDAQ:SPCX) shares rose 2.5% on Tuesday, offering a partial reprieve after a brutal two-day selloff that wiped more than $600 billion from the rocket and satellite company's market value and marked one of the most dramatic reversals ever seen in a newly listed mega-cap...

Bitcoin: Is the crypto winter finally over as more 'tourist' traders exit?
Yahoo Finance Video47d agoneutralVIDEO
Bitcoin: Is the crypto winter finally over as more 'tourist' traders exit?

Bitcoin (BTC-USD) has fallen back to $62,000 per token on Tuesday, hitting a two-week low, leading traders to speculate whether the crypto winter is still in play or if a sunnier crypto spring is on the horizon for digital assets. Blockstream CEO Adam Back outlines the buying and selling patterns being seen in the current crypto landscape.