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Why Bank of America Remains Bullish on Tesla Despite Weaker Q2 Profitability
Insider Monkey13h agoneutral
Why Bank of America Remains Bullish on Tesla Despite Weaker Q2 Profitability

Over the past year, the broader market continued to overlook weaker earnings, provided companies make a strong case for AI investments. The market used to believe that if companies spend significantly today, they can dominate tomorrow. However, this narrative seems to be changing. Investors are now being selective, wondering if these investments will eventually translate […]

SpaceX Close to Adding a Tesla to Revenue
Barrons.com17h agoneutral
SpaceX Close to Adding a Tesla to Revenue

SpaceX plans to have annual recurring revenue of about $100 billion by the end of 2026, CFO Bret Johnsen said on Tuesday evening. All of the numbers associated with SpaceX are large. SpaceX raised roughly $110 billion in recent weeks, from its record-setting IPO and debt sale.

Musk Is Speaking. He Has a Big Goal for Starlink.
Barrons.com17h agoneutral
Musk Is Speaking. He Has a Big Goal for Starlink.

Tesla and SpaceX CEO Elon Musk always has some big, aspirational goals for investors to digest. Musk started the conference call with comments about the importance of Starship, SpaceX's huge, fully reusable rocket in development. Starlink is SpaceX's space-based broadband product that Musk said could someday provide the majority of the world's internet access.

Investing.com19h agoneutral
Elon Musk issues ominous warning as SpaceX short interest hits danger zone

Elon Musk has never been one to shy away from a battle with short sellers, and the stage is now set for a historic showdown over SpaceX (NASDAQ: SPCX). Following recent reports of a massive spike in bearish bets ahead of the company’s first earnings report as a public company, the billionaire CEO took to X to deliver a stark message: "I try to warn them, but they just double down …" — Elon Musk The brief but potent response echoes Musk’s long history of battling—and ultimately crushing—short sel

Wall Street Is Bullish on SpaceX, Despite Recent Stock Weakness
The Wall Street Journal20h agoneutral
Wall Street Is Bullish on SpaceX, Despite Recent Stock Weakness

Wall Street has reached a broad consensus about SpaceX’s shares: investors should buy them. Among 25 analysts with a stock recommendation for the space-and-artificial intelligence company, 21 suggest purchasing the stock or have an “overweight” rating on it, according to a tally from FactSet. SpaceX’s stock has been trading under its IPO price of $135 over the last couple of weeks, weighed down in part by the expectation that insiders will start selling shares when lock-up periods preventing them from doing so expire.

SpaceX profitability will come down to Starlink's success: Lee Munson
Yahoo Finance Video23h agoneutralVIDEO
SpaceX profitability will come down to Starlink's success: Lee Munson

As SpaceX (SPCX) prepares to release its first-ever earnings report after Tuesday's market close, investors are beginning to wonder whether Elon Musk's space venture is overvalued or not. Portfolio Wealth Advisors president and CIO Lee Munson and Yahoo Finance Senior Reporter Brooke DiPalma join the Opening Bid panel to weigh in on Wall Street investor sentiments surrounding SpaceX ahead of its first earnings release.