Investors were likely not pleased with the company's large net loss.
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At the Everpure Accelerate 2026 summit in Las Vegas, Everpure, the company formerly known as Pure Storage, put a number on the AI infrastructure cycle consuming Wall Street. CFO Tarek Robbiati said hyperscalers are expected to spend roughly $3 trillion in cumulative capital expenditures over the next three years, a figure he framed as “2 ... Google, SpaceX, Microsoft, and Amazon Are About to Spend ‘Twice the Entire U.S. Defense Budget’ on AI
Evercore ISI’s head of internet research Mark Mahaney has a contrarian message for investors who’ve watched the Magnificent 7 lag the broader market. On CNBC’s “Closing Bell Overtime” on June 18, 2026, with host Liz Young and co-host Mike Santoli, Mahaney named Meta Platforms (NASDAQ:META) and Amazon (NASDAQ:AMZN) his top buys inside the group, arguing ... Famous Wall Street Tech Analyst Names Meta and Amazon the Best Magnificent 7 Stock Buys Today
SpaceX may be grabbing all the attention, but these four space stocks are building the infrastructure, data networks, and lunar capabilities that could power the industry's next decade of growth.
SpaceX (SPCX) is just the first mega-IPO to hit the market. And that could make tech concentration risk even worse.
SpaceX is currently the fifth-largest company in the world by market cap.
As the Magnificent Seven continue to take a breather for 2026 relative to the S&P, up 10% year to date (YTD), and the Nasdaq 100, up 21% YTD, I’m sure many are wondering if it’s time to move on to a new tech leadership group, perhaps one that includes the semiconductor gems and Space Exploration ... Prediction: This Magnificent Stock Will Be the Top Performer Across the Next Decade
This high-growth AI company seems more likely to achieve $1 trillion in annual revenue in 2030.
These three 13-figure stocks look like much better buys than SpaceX.
Ashland Inc. (NYSE:ASH) was among the stocks on which Jim Cramer commented, as he emphasized that SpaceX investors are betting on Elon Musk rather than the company’s earnings. Toward the end of the lightning round, a caller inquired about the stock, and Cramer replied: You got an outfit called Ancora in there, and they’re going […]
Trulieve Cannabis Corp. (NYSE:TRLV) was among the stocks on which Jim Cramer commented, as he emphasized that SpaceX investors are betting on Elon Musk rather than the company’s earnings. A caller asked for Cramer’s opinion of the company, and in response, he said: Okay, I’ve always liked the brand name. I’ve always felt that it’s […]
ImmunityBio, Inc. (NASDAQ:IBRX) was among the stocks on which Jim Cramer commented, as he emphasized that SpaceX investors are betting on Elon Musk rather than the company’s earnings. When a caller mentioned that, as per their observation, the company seems to have become a “mid-cap commercial revenue generator” from a “small-cap spec play,” Cramer remarked: […]
Some analysts actually believe the company's current share price is justified.

SpaceX's SpaceXAI should get a solid boost from its Cursor acquisition, but it will still need to compete with rivals like OpenAI and Anthropic.
The SpaceX IPO ran hot despite low float, so here are three space stocks to watch as money rotates into the sector instead.
KPC Private Funds CEO Dean Rubino explains the current infrastructure and structural barriers around investors gaining access to private market exposure, especially as SpaceX's (SPCX) IPO and Anthropic's (ANTH.PVT) and OpenAI's (OPAI.PVT) imminent public launches dominate headlines.
June 19 (Reuters) - Canadian space technology firm MDA Space said on Friday it would buy U.S.-based Blue Canyon Technologies from RTX's Raytheon business for $620 million in cash, expanding its
Demand for Space Exploration Technologies Corp. shares is surging among retail investors, but this analyst is cautioning against SpaceX’s rally, pointing towards the commercial space flight giant possibly becoming a “meme stock.” Retail Demand Shoots Up In a post on the social media platform X on Tuesday, The Kobeissi Letter said that since Monday, retail investors have bought as much SpaceX as “every other US single stock combined in the entire prior week.” Retail investors bought over $93 mill

<body><p>STORY: From SpaceX's colossal climb up the market...to Pizza Hut's price tag</p><p>This is the week in numbers.</p><p>:: The Week In Numbers</p><p>:: $2.52 trln</p><p>$2.52 trillion was the market cap given to SpaceX as shares of the rocket maker soared this week.</p><p>Elon Musk's company's value catapulted past Amazon's and briefly above Microsoft's.</p><p>Towards the end of the week though, shares dropped more than 6%...</p><p>as the post-IPO frenzy that briefly placed Elon Musk's rockets-to-AI firm...</p><p>among the world's top five most valuable companies, appeared to fizzle out.</p><p>:: 30%</p><p>30% is how much Allbirds shares soared by after the former footwear company changed its name to Smartbird.</p><p>The move cemented its months-long transformation from shoemaker to AI infrastructure firm, shifting its focus to offer cloud computing capacity.</p><p>The company also appointed former Amazon executive Nadia Carlsten as its new CEO. </p><p>:: 7%</p><p>More than 7% is the hit BMW's shares took after the German automaker issued a profit warning.</p><p>The premium carmaker blamed ongoing weakness in the world's largest auto market China, and the impact of the Iran war on prices and customer sentiment.</p><p>Analysts said the outlook cut was significantly larger than expected.</p><p>BMW shares dipped to their lowest level since 2020.</p><p>:: $22 bln </p><p>$22 billion is the amount media giant Fox is spending on buying streaming platform Roku.</p><p>The deal gives the parent company of Fox News access to Roku's more than 100 million households.</p><p>Potentially helping the legacy cable and broadcast company better compete for eyeballs, target its ads and reduce reliance on traditional distribution. </p><p>:: $2.7 bln</p><p>$2.7 billion is the price tag Yum brands set for Pizza Hut as the fast-food business struggles with stiff competition and cautious consumer spending.</p><p>Rising inflation and higher commodity costs have weighed on U.S. pizza chains facing weak demand.</p><p>Growing use of weight-loss drugs is nudging consumers toward healthier options.</p></body>
Cathie Wood’s ARK Invest funds reiterated their faith in Elon Musk—buying back into Tesla after selling shares last week in a move that looked like it was making room for SpaceX’s mega IPO. A trading notice revealed on Thursday it added 54,815 shares across its ARK Innovation ETF—where the electric vehicle maker remains the top holding, making up 9.7% of the fund—and its ARK Next Generation Internet ETF, in which it is second in terms of holdings, making up 8.6% of the fund. Wood’s admiration for Elon Musk’s companies is no secret and when his SpaceX company went to market last week her ARK funds had a big selloff, including some of its Tesla position.
The former JPMorgan trader says the much-hyped IPO is really a cash-out for early investors who got in a decade ago, warning regular people could end up holding the bag.
In mid-June 2026, Space Exploration Technologies Corp. completed the largest IPO in history, raising roughly US$75–86 billion and rapidly secured inclusion in major Nasdaq indexes while agreeing to acquire AI coding platform Cursor in an all-stock deal valued at US$60 billion. These moves accelerate SpaceX’s shift from pure launch and satellite operations toward AI infrastructure and enterprise software, with Google and Anthropic signing multiyear GPU and data-center contracts worth tens of...
SpaceX stock is already soaring.
SpaceX has been awarded investment-grade credit ratings by all three major agencies just days after its record stock market debut, even as its newly listed shares slid sharply on Thursday.View on euronews