SpaceX went public on Nasdaq in June 2026, closing its first trading day with a market valuation exceeding $2 trillion. The company's high valuation is largely driven by Starlink, which generated $11.4 billion in revenue in 2025, accounting for about 61% of SpaceX's total revenue and showing 48% growth year-over-year. This listing is significant as it highlights SpaceX's dominant position in satellite internet services, while European governments are seeking alternatives like the EU's IRIS² project to reduce dependence on US providers for critical communications. The IRIS² initiative, funded mostly by the EU, aims to launch services by 2030 through a multi-orbit satellite constellation led by the SpaceRISE consortium including SES and Eutelsat.
SpaceX shares dropped below their initial public offering (IPO) price of $135 for the first time after falling for four consecutive sessions. The stock has been volatile since its historic IPO last month, which raised a record $86 billion and made El...
SpaceX's stock has fallen about 30% since its IPO, nearing its initial price of $135. The upcoming 13th test flight of Starship on July 16 is crucial as it will test key improvements after issues in the last flight, including booster stability and en...
YieldMax ETFs introduced the YieldMax SPCX Option Income Strategy ETF (YSPC), which aims to generate income through options-based strategies linked to Space Exploration Technologies Corp. (SpaceX). The fund does not invest directly in SpaceX but uses...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
The WisdomTree Space Economy Fund (WSPC), a new actively managed ETF, launched recently to offer investors exposure to the growing space economy. It includes about 50 stocks, with a 14.19% allocation to SpaceX, and focuses on communication services a...
