The brokerage added that launches of robotaxis and humanoid robots may initially become “loss centers.”
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SPCX shares tumbled 16% after SpaceX confirmed a $20B bond offering, capping three straight days of losses since its record IPO.
Cathie Wood’s ARK Invest bought the dip, adding 210,121 SPCX shares across four ETFs, worth about $32.5 million at Monday’s close.
Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that came on the back of positive US-Iran talks.Tech firms -- the main driver of a surge across world markets as investors pile into all things AI -- took a hit in Asia.
Is SpaceX the next Nvidia?
Stay focused on more important catalysts for either stock.
(Bloomberg) -- When Moody’s Ratings first evaluated Nvidia Corp. almost a decade ago, it settled on a Baa1 investment-grade rating, taking comfort in its relatively light debt load and more than $1 billion of free cash flow after 16 years as a public company.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueIran Says Hormuz Closed Again as Talks With US Set to OpenStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapUS and Iran Make ‘Progress’ in T
The launch beat the previous TacRS record set by Victus Nox by more than 10 hours.
SpaceX stock is down 31.5% from its all-time high set just a week ago.
From ETFs to related companies, there are a lot of ways to up your SpaceX exposure.
Losses for Korean memory chipmakers fueled AI trade doubts, piling further pressure on techs even amid progress in US-Iran talks.
Tesla's Semi is generating serious interest, backed by impressive results -- and potential customers are taking notice.

<body><p>STORY: Wall Street's main indexes closed mostly lower on Monday, with the exception of the Dow, which gained just under a third of a percent. The S&P 500 shed more than a third of a percent, while the Nasdaq dropped over 1.3%.</p><p>Shares of Elon Musk's SpaceX weighed heavily on the Nasdaq, plummeting more than 16% for their biggest single-day decline. The rocket and AI company launched its first-ever debt offering on Monday and said it had roughly $100 billion in cash and cash equivalents as of last Friday. SpaceX's stock is still trading above its IPO price of $135.</p><p>Optimism over AI has supported Wall Street's recent rally, but Melissa Brown, managing director of investment decision research at SimCorp, said the rally could be nearing its peak.</p><p>"Momentum tends to beget more momentum. So stocks do well, they continue to do well until something happens and they stop doing well. And then typically the market peaks at that point... I do think, though, that this kind of blowout, this huge surge of trading volume does suggest that the peak is closer than farther away."</p><p>Among other tech names, shares of Alphabet fell 5% following news that Google DeepMind's senior research scientist and Nobel laureate John Jumper said he was leaving for AI startup Anthropic, the lab's latest high-profile exit.</p><p>Shares of Meta, Amazon and Microsoft also closed lower Monday.</p><p>The next test for the tech rally will be Micron Technology's quarterly results on Wednesday. Shares of the memory chipmaker are up nearly 300% this year.</p><p>Among other movers, shares of Apogee Therapeutics soared nearly 47% after AbbVie said it would acquire the biotech company for $10.9 billion in cash. Shares of AbbVie rose more than 6%.</p><p>Meanwhile, oil prices fell as peace talks between Washington and Tehran continued in Switzerland - though tensions persisted over Lebanon and the Strait of Hormuz.</p></body>
Fed Chair Kevin Warsh struck a hawkish tone during his first press conference leading the central bank last week. The future still looks bright for markets through the rest of this year, but today I’m breaking down the key risks to watch in the second half of 2026, and how investors are digesting Warsh’s not-so-detailed preview of the Fed’s path forward. The factors that could drive markets higher for the rest of 2026 are widely known: Improved earnings estimates thanks to AI-driven demand, a dovish Fed, and a warm stock market welcome for Anthropic and OpenAI when they debut later this year.
Space Exploration Technologies (NasdaqGS:SPCX) has launched its first public bond sale, a $20b offering, shortly after its IPO. The company has also signed a $6.3b AI infrastructure contract with Reflection AI, expanding its role as a compute provider. Proceeds from the bond sale are expected to support AI infrastructure buildout and repayment of bridge loans tied to recent acquisitions. Space Exploration Technologies, trading as NasdaqGS:SPCX, is moving quickly to broaden its funding base...
SpaceX isn't likely to generate the mammoth returns that Tesla has since going public.
Long-term investors should skip the SpaceX roller coaster, and pivot toward these three Dividend Kings instead.
By Jamie McGeever ORLANDO, Florida, June 22 (Reuters) - Global stocks were mixed on Monday — optimism over Middle East peace talks lifted Asia and Europe, while tech and interest-rate jitters weighed
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Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it to export oil, while the Nasdaq retreated on concerns after AI investments by SpaceX and other tech giants.The US Treasury said later Monday it was temporarily lifting sanctions on Iran to allow the Islamic Republic to produce, sell and deliver crude oil and related products through August 21.
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