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Morgan Stanley sends blunt SpaceX message to investors
TheStreet2d agoneutral
Morgan Stanley sends blunt SpaceX message to investors

More than 900 million SpaceX shares became eligible for sale on August 6. At midday prices, that tranche was worth around $101 billion. Investors had spent weeks bracing for the unlock, watching the stock slide in anticipation. The selloff they feared never came. SpaceX (SPCX) rose nearly 3% on ...

RocketLab Rises on Space Interest; Moderna Moves on Flu Shot | Stock Movers
Bloomberg2d agoneutralVIDEO
RocketLab Rises on Space Interest; Moderna Moves on Flu Shot | Stock Movers

On this episode of Stock Movers: - RocketLab (RKLB) shares are higher this morning after rising Friday, following earnings from SpaceX last week. - Moderna (MRNA) shares are moving after last week's news that its mRNA flu shot won US approval in an FDA turnaround. - Intel (INTC) shares are moving after the company said it will be offering $15 billion in common stock, taking advantage of renewed interest in its business prospects during the artificial intelligence data center boom.

SpaceX Stock Touches IPO Price
Investopedia2d agoneutral
SpaceX Stock Touches IPO Price

Shares of SpaceX on Monday rose above $135, the price at which the company sold shares to the public in mid-June, for the first time since July 16.

Investing.com2d agoneutral
SpaceX reclaims $135 IPO price in premarket trade Monday

SPCX (NASDAQ: SPCX) closed Friday, August 7 at $133.11, capping a weekly gain of 22.8% from the $108.37 close on July 31. That Friday session alone delivered a 15.83% surge — the stock’s largest single-day advance since its June 12 debut.

Bloomberg5d agoneutral
Pentagon Sets Funds, Dates for Secret Golden Dome Space Program

(Bloomberg) -- The Pentagon aims to conduct the first tests for its futuristic space-based missile defense program by yearend, with flight demonstrations of the unproven technology slated for 2027, people familiar with the matter said.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and Vaccine

So Much for Those End-of-Lockup SpaceX Fears
The Wall Street Journal5d agoneutral
So Much for Those End-of-Lockup SpaceX Fears

SpaceX insiders don't appear to be cashing in in a big way—at least not yet. The rocket maker's shares recently catapulted 12% higher, extending Thursday's gains to claw back a post-earnings selloff and then some.

Bloomberg5d agoneutral
An Early Bet on SpaceX Led to a 30% Gain for This College Endowment

(Bloomberg) -- The University of North Carolina’s endowment management company made an initial investment in SpaceX more than 15 years ago.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltEarly wagers through venture capital

Bloomberg5d agoneutral
AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

(Bloomberg) -- When BlackRock Inc. sought to raise billions in debt financing for a Meta Platforms Inc. data center, there was one type of investor the asset management giant wanted to avoid: those looking for a quick profit.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbia’s

Bloomberg6d agoneutral
SpaceX Shares Climb After $100 Billion Insider Lockup Expires

(Bloomberg) -- SpaceX shares rose on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltWhy Do Data Centers Use

How To Trade New IPOs Like SpaceX Without 'Breaking A Leg': The Secret Is In This Metric
Investor's Business Daily6d agoneutral
How To Trade New IPOs Like SpaceX Without 'Breaking A Leg': The Secret Is In This Metric

Bending Spoons stock offers a high-profile lesson in how to handle liquidity in initial public offerings — a lesson that is set to come due for other recent IPOs like Space Exploration Technologies stock. Investor Greg Morton tells Investor's Business Daily's "Investing with IBD" podcast that it's not about trading every IPO that appears, but finding the best of the best that pass his filters for profitability and liquidity. "Two thirds of (IPOs) I'm hardly even looking at, and then they need to be liquid — that cuts it in half again," Morton said.

Bloomberg6d agoneutral
Alphabet’s Jumbo Bond Sale Draws $115 Billion of Investor Demand

(Bloomberg) -- Alphabet Inc. has received about $115 billion of orders for its latest jumbo bond sale, signaling renewed investor appetite for debt tied to the artificial intelligence boom after a recent selloff.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowOpenAI Models Joined Forces Months Ahead of H

SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas
Reuters6d agoneutral
SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas

Elon Musk's SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the ‌companies race to secure the chip capacity that the billionaire has called essential ‌to their future. The facility is intended at narrowing the gap between global chip supply and the more than ​1 terawatt of computing power that SpaceX and Tesla expect to need in the coming years. Future expansion phases could push total investment much higher, SpaceX said in a statement on its website on Thursday, adding that the facility would employ at least 3,000 people.

SpaceX stuck in tight range as lockup expiry adds to post-IPO woes
Reuters6d agoneutral
SpaceX stuck in tight range as lockup expiry adds to post-IPO woes

SpaceX shares seesawed on Thursday as investors weighed the impact of insider selling on the stock, which has had a ‌turbulent run since its market debut. When a company goes public, its executives, employees and early investors are ​typically barred from selling their shares for up to 180 days under lock-up agreements designed to curb volatility and support the stock. SpaceX, however, had an unusual arrangement under which up to 20% of the restricted shares could be sold starting Thursday, the second trading day after its second-quarter earnings release.