Space Exploration Technologies Corp. (SpaceX) saw its shares surge over 11% in premarket trading, pushing its market capitalization close to $3 trillion, surpassing Amazon to become the fifth-largest company globally. This rapid valuation increase has led some analysts, like Futurum Equities’ Shay Boloor, to extend optimistic forecasts to 2028 based on expected EBITDA growth. However, critics including short-seller Jim Chanos and commentator Patrick Boyle warn that the valuation is detached from realistic market fundamentals, citing Musk's $28.5 trillion total addressable market as 'absurd' and cautioning retail investors about risks tied to broker lockups and market dynamics. The debate highlights tensions between bullish long-term growth expectations and concerns over current price sustainability.
SpaceX's shares briefly reached $229.85 after hours, pushing its market value above $3 trillion and surpassing Amazon and Microsoft to become the fifth most valuable company globally. To surpass Apple, Alphabet, or NVIDIA, SpaceX shares would need to...
SpaceX announced its first acquisition as a public company by agreeing to buy AI startup Anysphere for $60 billion in an all-stock deal expected to close in Q3 2026. Anysphere, known for its AI coding assistant Cursor, has rapidly grown its revenue a...
SpaceX completed a historic IPO raising $75 billion with an initial valuation of $1.75 trillion, now adjusted to about $2.1 trillion. The company has evolved into a conglomerate with profitable space launch and Starlink broadband businesses, but is p...
SpaceX's historic $2 trillion IPO followed by a 20% rally has ignited significant interest in its options market, reflecting strong demand from both retail investors and Wall Street. Despite SpaceX's current unprofitability, its high valuation and El...
SpaceX stock surpassed $200 for the first time since its recent IPO, drawing praise from Jim Cramer who called it a 'Monster' due to its strong performance. Despite concerns about it becoming a meme stock with limited sellers, SpaceX's fundamentals a...
