Tag: $SpaceX

SpaceX (SPCX) insiders and early investors will be able to sell their stock for the first time on Thursday, when 911.5 million shares become eligible to trade — around 43% more than the 638.9 million shares the company floated in its June initial public offering.

SpaceX shares plunged on Wednesday after a surge in AI spending rattled investors and clouded an otherwise expectation-beating quarter.

Shares of Super Micro Computer jumped 15% after the server maker said Tuesday it now sees higher margins than previously projected for the June quarter, with a surge in new orders.

SpaceX  hopes some of its on-the-ground assets can be used to stem the stock’s recent slide.

SpaceX scrubbed the launch of its Starship mega rocket on Thursday, with CEO Elon Musk pledging to make another attempt “hopefully in a few days.”

SpaceX is set to officially join the Nasdaq 100 index on Tuesday, giving investors new exposure to the stock while triggering billions of dollars in automatic purchases by index funds.

SpaceX stock was down slightly early Thursday after a couple of new Wall Street reports that just aren’t very bullish.

SpaceX and Charter Communications Inc. have held executive-level talks about partnering on a consumer mobile phone offering, according to people familiar with the matter.

SpaceX  stock has a problem—it’s failing to get off the ground despite several catalysts.

AST SpaceMobile and SpaceX shares were rising early Wednesday. An apparently successful mission to deploy satellites is validation for both companies, which are rivals in the field of space-based communications.

Elon Musk’s SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its presence ​in the enterprise AI market.

SpaceX is already a momentum stock. Shares rose on Monday, following up Friday’s big gain with another jump early in their second day of trading.

SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies.

Elon Musk’s SpaceX set a fixed price of $135 per share ahead of officially marketing its initial public offering, according to a filing with the Securities and Exchange Commission on Wednesday.

SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter.

As U.S. kamikaze drones guided by Elon Musk’s Starlink network began to make visible gains in the war against Iran, senior SpaceX officials reached a conclusion: The Pentagon should be paying more for access to their satellite Wi-Fi network.

SpaceX, which confidentially filed for an IPO in April, is planning to disclose its prospectus as soon as next week, according to people familiar with the matter, as Elon Musk’s reusable rocket company nears what’s expected to be a record share sale.

AI data centers in space are looking like a thing after all. And even if Elon Musk’s trillion-dollar rocket company SpaceX isn’t the one running the data centers, it will be the one to put computing power in orbit.

The U.S. Federal Communications Commission said Tuesday it approved EchoStar’s $40 billion sale of wireless spectrum to SpaceX and AT&T because the move would boost connectivity across the country.

SpaceX is piling into the artificial-intelligence coding race as the battle between OpenAI and Claude developer Anthropic heats up.