Tom Sosnoff, Chief Executive Officer at LossDog, predicted that Space Exploration Technologies Corp. (NASDAQ:SPCX) stock will head “under 135″—dropping below its initial public offering price—after revealing he locked in rapid profits by selling his own allocation “at 158.” The Post-IPO Prediction Speaking on the episode of The Drift with Benzinga, Sosnoff expressed strong conviction that the newly public aerospace giant is bound for a downward correction before the end of the year. While he dis
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SpaceX gave 30% of IPO shares to retail investors, according to reports.
Wolfe expects Tesla to deliver 420,000 vehicles in Q2, above the 400,000-unit consensus.
SpaceX's IPO is just the beginning of what will be a closely monitored stock, with many important events over the next six months that investors will want to be aware of.
Future Fund's Gary Black said SPCX had traded more like a "meme stock" than a fundamentals-driven company.
The stock is down 10.5% this month, after closing May 8% lower.
Morgan Stanley’s real estate investing arm is now a landlord to 3,200 London households. The deal closes an 18-month sale process that began when one of England’s largest housing associations decided market-rate rentals no longer fit its mission. What looks like a routine property transaction ...
S&P Dow Jones indexes said it won't make any special rule changes to allow SpaceX into the S&P 500.
SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.

SpaceX's (SPCX) IPO may be creating a vacuum, and space-themed ETFs are benefitting from the latest phase in the Space Race. Yahoo Finance Markets and Data Editor Jared Blikre looks at the array of thematic space ETFs and how they have been gaining since SpaceX's mega-IPO last Friday.
AI companies like SpaceX need lots of AI chips -- and lots of memory chips from Micron to help them work.
SpaceX is more of an AI stock than a space stock -- and that's great news for Intel.
ARKK saw record inflows and outflows as investors possibly used ETFs to access SpaceX's IPO.
Elon Musk just made his biggest bet yet on artificial intelligence. Days after SpaceX's record-breaking stock market debut, the company confirmed it would acquire Anysphere, the San Francisco-based startup behind the popular AI coding tool Cursor, in a deal valued at $60 billion. The move puts ...
Honeywell shares rallied recently as the company’s board approved the aerospace unit spinoff. Here’s what management expects from both businesses moving forward.
SpaceX's post-IPO rally lifted Musk's wealth by $620 billion over four trading days, Bloomberg's index showed.
SPACs are making a comeback. A flood of expected blockbuster IPOs this year is creating an opening for SPACs as smaller companies seek to capitalize on a favorable market without having to compete for investor attention against the likes of SpaceX, Anthropic and OpenAI. That is giving blank-check companies renewed footing after years of upheaval, with a more mature SPAC market emerging at a time when mega-IPOs are expected to command an outsized share of investor capital and attention, analysts, market experts and industry insiders told Reuters.
Shares pulled back Wednesday after a roughly 40% run since the company's Friday debut pushed its market cap past Amazon
Goldman Sachs and Morgan Stanley are preparing for the IPOs of OpenAI and Anthropic by forming separate teams to prevent information sharing.
SpaceX's blockbuster debut and the looming IPOs of Anthropic, OpenAI and Perplexity could fuel AI ETFs, potentially outweighing concerns over higher-for-longer interest rates.
(Bloomberg) -- A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund market in the past week, suggesting some major investors used a contentious method to get exposure to the initial public offering of SpaceX. At least one fund manager placed temporary restrictions on its product in a bid to curb the practice.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy
The stunning rally in SpaceX shares is losing some steam. The stock was trading 6% lower this morning, after a staggering rally that propelled shares nearly 50% above its IPO price in less than three full days of trading. It may be that a frenetic wave of demand from individual investors is finally fizzling out.
RGTI stock plunges as Quantinuum's Nasdaq debut resets quantum valuations, sharpening focus on rivals' growth, tech and commercialization.
s SpaceX's IPO raised a record $85.7 billion. Crypto traders are betting on a valuation of multi-trillions. Analysts remain cautious despite the rally. Crypto traders ...
SpaceX stock has risen around 50% since its Nasdaq debut last Friday, pushing its valuation above $2.66 trillion at Tuesday's close
Salesforce acquires AI agent firm Fin for $3.6 billion, adding a customer service agent that resolves 76% of support queries to its Agentforce platform.

Interactive Brokers chief strategist Steve Sosnick comes on the Morning Brief to expand on the stock growth that SpaceX (SPCX) has seen just a few trading days since its IPO last Friday.
High volatility creates opportunities for options sellers. Here’s how one space ETF may fit a cash-secured put strategy.
How other blockbuster IPOs performed after the hype
The deal, expected to close in the third quarter of 2026, values Cursor's parent company Anysphere at $60 billion