Otherworldly price targets for mega-IPOs rarely (if ever) come to fruition.
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Wall Street futures sagged pre-bell Tuesday as traders went risk-off, and backed away from rich valu
Two top AI start-ups could join SpaceX in becoming the latest members of the "trillion-dollar club."
June 23 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of concerns: interest rate expectations, lofty AI spending and rising debt.
The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk's SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut. SpaceX, which is expected to join the Nasdaq 100, has lost more than $600 billion in market value in the past three sessions. It last had a market valuation of $1.95 trillion, if the day's losses hold.
SpaceX (SPCX) is set to launch the first mission of its Starfall program on Tuesday, sending a reusa
You can't overlook the value (or lack thereof) of a stock.
↘️ Samsung Electronics (KR:005930): The memory-chip giant tumbled 12% as the technology sell-off hit Asia. Its South Korean rival SK Hynix fell 12%, while Japan’s SoftBank Group slid 10% in Tokyo. ↘️ Micron Technology (MU): The U.
By Amanda Cooper LONDON, June 23 (Reuters) - Global stocks fell on Tuesday, led by broad-based declines in technology stocks, as investors expect the Federal Reserve to take more aggressive action to
Does the saying that "only dips buy dips" apply even for the hottest IPO stock ever?
Elon Musk has suffered the biggest ever loss of personal wealth after a dramatic fall in the value of SpaceX.
Stocktwits data showed retail sentiment has turned cautious, sinking to ‘bearish’ on SPY and ‘neutral’ on QQQ.
📣 “Why do you need like $100 billion in cash? With Elon Musk you never know what’s going on in that man’s head.” —CFRA Research senior analyst Keith Snyder, on SpaceX’s intention to issue more than $20 billion in bonds to pay back a bridge loan, and possibly new projects, too—something that might try investors’ patience coming just weeks after its $85 billion IPO.
SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm's market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.View on euronews
This ETF costs less than $50 and holds both Amazon and SpaceX, along with a handful of private companies.
These stocks each have climbed -- but over different time periods.
The Morning Bull - US Market Morning Update Tuesday, Jun, 23 2026 US stock futures are mixed in early trade, with E-mini S&P 500 futures slightly down around 0.2% while Nasdaq futures are flat to modestly higher. A key driver is the US 10 year Treasury yield, which is sitting near 4.48% and indicates that borrowing costs for mortgages, credit cards, and companies remain relatively high. At the same time, investors are bracing for the PCE inflation report, the Federal Reserve's preferred cost...
June 23 (Reuters) - Contracts tracking the tech-heavy Nasdaq fell 2%, leading declines among Wall Street futures on Tuesday, as concerns around imminent rate hikes in the United States and debt-backed
SpaceX is heading back toward its IPO price. Will it keep falling?
The high-flying IPO could come down to Earth over the next year.
Fresh off a historically huge IPO that saw it raise nearly $86 billion, the company announced a monster bond issue.
We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the stocks discussed by Jim Cramer. Elon Musk’s rocket company, Space Exploration Technologies Corp. (NASDAQ:SPCX), is the most widely discussed stock this month. The shares were on the media’s radar after […]
There's one clear winner here.
8.39am: Telecom Plunge Telecom Plus shares have plummeted 30.5% on the news that management plan to invest in growth, which will hit profits this year. Analyst Charles Hall at house broker Peel Hunt says it is an "aggressive reset" by management, investing £55 million per year to double...
Cathie Wood’s investment management company Ark Invest on Monday bought significant shares in Elon Musk’s SpaceX, increasing its shareholding across ETFs. The purchase came after the company’s SPCX stock fell more than 16% amid post-IPO volatility. Ad Ad Cathie Wood’s Ark Invest Acquires 210,121 SpaceX Shares Cathie Wood-led Ark Invest purchased a total of 210,121
SpaceX's post-IPO valuation is forcing investors to weigh the company's pros and cons closely.
SpaceX stock surged 67% from its IPO price to its peak on June 16. Is the hype over?
LONDON, June 23 (Reuters Breakingviews) - Follow on Apple or Spotify. The SpaceX boss became the first trillionaire by defying business wisdom, upending financial standards and embracing far-right politics.