SpaceX shares surged nearly 10% in one day and have risen about 35% since early August, driven by a collapse in short interest from 34% to 11% after a large share unlock. The company reported strong Q2 results with 92% revenue growth and a booming AI segment, highlighted by the launch of Grok 4.6. Despite upcoming share unlocks and high capital expenditure, bullish sentiment and tight borrow conditions suggest the stock could continue rising, supported by a $60 billion AI acquisition and expanding compute capacity.
Anthropic, an AI company, is targeting an October IPO with a valuation of $2 trillion or more, which would surpass SpaceX's recent $1.77 trillion debut. Investors expect the company's revenue to jump from $47 billion to over $100 billion within a yea...
Nvidia shares are rising again, driven by strong AI demand and anticipation for the new Vera Rubin GPU technology, which is significantly more efficient. Hyperscalers and major tech firms are increasing their capital expenditures to secure Nvidia's a...
Alphabet's $900 million investment in SpaceX in 2015 has grown to a $94.2 billion stake as of mid-2026, marking a rare 100x return. This stake now represents 95% of Alphabet's investment portfolio and highlights the company's willingness to make long...
SpaceX shares opened above IPO price but early investors faced losses as the stock dipped after debut. Despite a recent rally nearing 40%, initial buyers still saw declines. Positive earnings and strategic investments, including Tesla's stake in a Te...
Elon Musk disclosed a 48.4% stake in SpaceX, worth over $900 billion, maintaining control with more than 82% voting power after its June IPO. SpaceX's stock price recovered above its IPO level following a strong Q2 report showing 92% revenue growth a...
