Virgin Galactic's stock surged after a U.S. federal court granted preliminary approval for a settlement resolving two long-running shareholder derivative lawsuits. The settlement involves a $2.75 million payment from the company's insurers, with Virgin Galactic retaining half. This legal clarity has lifted a major overhang, attracting momentum buyers and pushing the stock up over 19% in regular trading and an additional 14.5% after hours. The resolution is expected to dismiss all related claims once final approval is given, with current and former company officers denying any wrongdoing.
Elon Musk recently stated that SpaceX's lease agreement with Anthropic for the Colossus compute cluster is a short-term 180-day lease with a 90-day cancellation notice, contradicting SpaceX's S-1 filing that described it as a three-year deal with pay...
SpaceX's S-1 filing reveals that its AI segment operates with deeply negative margins and relies heavily on external financing and counterparties. The AI ecosystem is increasingly interconnected, with large hyperscalers investing in private AI firms ...
Baron Focused Growth Fund experienced a 4.99% decline in the first quarter of 2026, underperforming the Russell 2500 Growth Index which fell 3.52%. Key positive contributors included Space Exploration Technologies, FIGS, and Choice Hotels, while Tesl...
American Airlines will install SpaceX's Starlink internet service on over 500 narrow-body Airbus aircraft starting early next year, marking a significant contract win for Starlink ahead of SpaceX's IPO. This deal strengthens Starlink's position again...
SpaceX's upcoming IPO may cause forced ETF buying of $22-$27 billion as Nasdaq changes rules to fast-track the company's index inclusion. The Nasdaq 100 now allows new companies to join within 15 days if their market cap ranks in the top 40, removing...
