(Bloomberg) -- Tech companies are selling stock like it’s the dot-com boom, and some investors fear that’s a bad sign for bondholders.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueOman Tells Allies Ships Going Through Hormuz May Have to PayIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansAn Analyst’s Missed Remark Surfaced in Deadly Iran School Strike ProbeApple Shares Sink After Price Hikes Hit iPads and MacsThis month alone, there’s bee
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Passive funds that track the Nasdaq-100 index will have to buy billions of dollars worth of SpaceX stock thanks to the fast-track inclusion.
(Bloomberg) -- The artificial intelligence boom has a power problem, and Wall Street is betting billions on companies that promise to solve it — even if some of the technology hasn’t been fully developed yet. Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansOman Tells Allies Ships Going Through Hormuz May Have to PayApple Shares Sink After Price Hikes Hit iPads and MacsAn Analyst’s Missed Rema
SpaceX spent close to two years and nearly $20 billion buying wireless spectrum licenses that had nothing to do with rockets or satellite broadband. Analysts struggled to explain why a space company needed land-based mobile spectrum at all. That question now has an answer, and it puts the country’s ...
The recent initial public offering (IPO) of Space Exploration Technologies Corp. has resulted in a significant financial gain for its former employees, while ex-staff of Jeff Bezos‘ Blue Origin are reportedly unhappy over virtually worthless stock options. SpaceX’s valuation has...
SpaceX stock is now down roughly 24% from its high. What comes next?
This year's IPOs are bringing big AI energy. Here's what to watch next in the market for new listings.
SoftBank Group founder Masayoshi Son, after all, isn’t exactly a shrinking violet when it comes to wild ideas. Rather, what was on display this past week was the difference in tactics for achieving what are really similar visions for the sci-fi future.
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk's rocket and AI giant. (Reporting by Johann M Cherian in Bengaluru; Editing by Shinjini Ganguli and Will Dunham)
Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...
Overhyped IPOs rarely make you money in the short term. That doesn’t mean it’s time to sell your stocks..
By Noel Randewich June 26 (Reuters) - Shares of SpaceX rose a marginal 0.15% on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required to add
SpaceX has plenty of fans ready to fund its dreams.
(Bloomberg) -- This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormuz May Have to PayMamdani Rent Freeze Cheers Weary Tenants, Alarms La
When Elon Musk's SpaceX (Nasdaq: SPCX) made its public debut on June 12, crypto traders were ecstatic that a publicly listed Wall Street giant holds Bitcoin (BTC) on its balance sheet. The accumulation is not surprising, given that Musk himself has hailed cryptocurrencies like ...
SpaceX shares are trading near the level at which the rocket maker's market cap would drop below $2 trillion for the first time. The stock recently traded at $152.50, about 80 cents above the level where the market cap would slip below $2 trillion. This week, SpaceX shares have declined about 18%, putting them near their opening IPO price of $150, a sign of waning enthusiasm for the biggest listing of all time.
Verizon Communications successfully bid nearly $3.2 billion for wireless licenses in a Federal Communications Commission auction for mid-band spectrum, the agency said Friday. AT&T, T-Mobile and Space X also won spectrum licenses in the auction that raised about $3.5 billion. T-Mobile successfully bid $278 million, T-Mobile $121 million and Space X $8.5 million, the FCC said.
Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...
The last of 2026's three most anticipated AI IPOs is now leaning toward waiting
A report that OpenAI could delay its IPO, and stock slides for SpaceX and Cerebras, could slow IPO activity. But a lull may not last long.
The post-IPO drop from SpaceX could be felt by traders who chased one of the hottest public offerings in years. It’s quickly turning into something bigger. SpaceX (SPCX) has already transitioned from market spectacle to portfolio reality. Some investors might own SpaceX without ever purchasing the ...
Triller Group (NASDAQ:ILLR) shares surged on Thursday after the company announced a deal that will give it significant exposure to SpaceX Corp (NASDAQ:SPCX) through a new treasury investment structure. The company’s shares were up more than 42% on Friday, bringing its weekly gains to about...
SpaceX is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.
SpaceX is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.
The AI trade has gone from unstoppable to unpredictable in a matter of weeks. After driving one of the strongest rallies in market history, artificial intelligence stocks have run into a wall of rising valuations, growing capital spending concerns, and a string of volatile IPOs. Earlier this week, I suggested the changing market mood might ... OpenAI’s IPO Delay Could Be the Biggest Warning Yet for AI Investors
Investing.com -- Argus initiated coverage of Space Exploration Technologies with a Hold rating in a note on Friday, arguing that SpaceX's record-breaking IPO valuation will take years to grow into, despite the company's strong top-line momentum.
The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
SpaceX went public on June 12 priced at $135 a share.