Both companies are burning cash at scale, but their paths to profitability, and risk profiles, diverge sharply.
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Tech stocks were falling late Friday afternoon, with the State Street Technology Select Sector SPDR
Elon Musk's SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter. Such an agreement would extend the Pentagon's existing relationship with SpaceX, a key partner for rocket launches and satellite-based communications and missile tracking. According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling computing capacity to AI customers at lower prices.
SpaceX's IPO went from a rocket launch to a controlled crash in under a month, and the debate over where it actually bottoms out splits Wall Street analysts and valuation models in ways that should give any bargain hunter pause.
The company would provide billions of dollars’ worth of data-center capacity under the arrangement, people familiar with the matter said.
The internet map of the world is not drawn by engineers. It is drawn by lawyers, by regulators, and by whoever is willing to sign the local paperwork. A rocket can reach any patch of ground on Earth. A license cannot. That gap between what a technology can do and what a government will let it do is ...
U.S. investors can now own one of the world's largest memory companies following SK Hynix's Nasdaq listing.
By Joey Roulette WASHINGTON, July 17 (Reuters) - SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief
Starship's latest launch setback has raised fresh concerns. But does one aborted test change SPCX's long-term investment story, or is it simply part of the company's growth journey?
SpaceX shares are cratering after a scrubbed Starship test flight, and a niche leveraged ETF is turning that pain into outsized gains for short-sellers who knew exactly where to position themselves.
Missed the SpaceX IPO? Here's your chance to buy SpaceX stock even cheaper.
A last-second engine abort scrubbed the 13th Starship test, with Musk targeting another attempt next week
Starship Launch Abort Sends SpaceX Stock Lower for Fifth Straight Session
The stock slipped further below its IPO price after Thursday's test flight was called off.
According to the report, Anthropic proposed the deal in June, which would involve the AI startup paying Meta in monthly increments over a two-year period for access to its AI data centers. Both companies would have the option to exit the agreement early.
SpaceX didn't launch on Thursday -- and that's OK.
Elon Musk targets another launch attempt next week
If you're considering making an investment in SpaceX now, here's what you should know first.
It had to happen. After the June 11 market close, Elon Musk took his Space Exploration Technologies Corp. (otherwise known as SpaceX) public. Price: $135 a share. Result: The company raised some $75 billion before expenses. The next day, when the shares could be traded, the shares reached $176.52, ...
SpaceX’s valuation has swooned over the past month, and as of late Friday morning was more than $1 trillion lower than its peak, according FactSet. The company’s market capitalization hit a recent peak at almost $2.7 trillion on June 16, four days after shares in the company made their trading debut. SpaceX’s stock was trading down almost 6% around 11:15 a.m. ET.
All three major US stock indexes were down Friday, as chipmakers led the way down on the final tradi

SpaceX (SPCX) canceled the test flight for its Starship rocket on Thursday after experiencing engine ignition failure. Yahoo Finance Senior Business Reporter Ines Ferré and Crossmark Global Investments chief market strategist Victoria Fernandez examine what this could mean for SpaceX's stock going forward, especially after it sank below its IPO price earlier this trading week.
Space stocks have been crushed over the past month, and a surprise billion-dollar raise, a rocket scrub, and a wall of short sellers are piling on. Before you bail on the sector, Goldman Sachs and options traders see something most investors are missing.
SpaceX investors can’t catch a break. Shares of Elon Musk’s rocket and AI company were down in premarket trading on Friday after the company scrubbed the thirteenth test of Starship. Musk said some of the engines didn’t start, triggering an automatic abort.
Tesla stock has been stuck for the past few months, supported by hopes for a SpaceX merger while the company’s progress on AI efforts remain opaque.
The rocket launch leader scrapped its much-anticipated Starship launch, and there's a lot investors should know.
Investing.com -- SpaceX stock continued lower on Friday as the space exploration and artificial intelligence company moved toward erasing more than $1 trillion from its peak market value.
B. Riley analyst Mike Crawford upgraded AST SpaceMobile stock to Buy from Hold. His price target remained at $85 per share.