Tag: $SpaceX

SpaceX, is in talks to buy EchoStar’s, wireless service Boost Mobile or gain access to its network, ​which it leases from AT&T, and T-mobile, the Washington Post reported ‌on Monday.

Shares of Verizon, AT&T, and T-Mobile fell an average of 11% on Oct. 9 after SpaceX announced its purchase of low-band spectrum. T-Mobile has a space-to-cell partnership with SpaceX and holds about 400 megahertz of wireless spectrum compared to SpaceX’s 80.

SpaceX has borrowed another $40 billion in the blink of an eye to accelerate its AI buildout. But raising capital is getting harder, which is a risk to the AI trade.

Shares of the three major U.S. mobile carriers slid in premarket trading early on Friday. AT&T shares dropped 3.74% to $21.89, while Verizon fell 3.25% to $43.73. T-Mobile’s stock dropped 3.13% to $153.82.

SpaceX shares climbed about 8% in extended trading on Tuesday after the company reported 161% revenue growth for the third quarter, beating Wall Street estimates.

SpaceX jumped in premarket trading on Wednesday after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.

Shares of French Satellite Group Eutelsat soared this week as SpaceX’s Starshield drew criticism after the Ukrainian military’s access to its systems was suddenly restricted.

Tesla unveiled the latest version of its long-awaited Roadster on Thursday evening. The event promised to be mind-blowing, and it was—the car flies.

SpaceX announced a wireless spectrum acquisition late Thursday, stoking fears of wireless telecom disruption and sending shares of AT&T and its peers lower.

The company is seeking to raise about $10bn in bank loans and $30bn in investment-grade debt to fund its blockbuster chip order, according to people familiar with the matter.

Tesla has entered into credit agreements totaling $30 billion, including a $20 ​billion delayed draw-term loan facility, according to ‌a regulatory filing on Tuesday.

SpaceX stock rose early Tuesday, with a new Buy rating from Wall Street providing a boost.

German rocket maker Isar Aerospace successfully reached orbit for the first time over the weekend, marking a milestone for Europe’s commercial space industry as the company looks to ramp up launches to meet what it says is booming demand.

SpaceX is using a new partnership with Nvidia to accelerate its plans for artificial-intelligence data centers in space — setting the stage for those to go into orbit as soon as next year.

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.