Defiance ETFs announced a temporary trading halt of its Defiance Daily 2X Space ETF (SPCL) on the Cboe BZX Exchange starting June 14, 2026, due to significant market volatility linked to SpaceX's recent IPO and NASDAQ debut. The halt is expected to last until at least June 15, 2026. During this period, SPCL shares cannot be traded on the secondary market, but the underlying portfolio assets remain secure. Defiance ETFs will provide updates once trading resumes. This ETF uses leverage to provide double daily exposure to space-related stocks, including SpaceX, and carries high risk, intended for knowledgeable investors who actively monitor their portfolios.
NVIDIA and SpaceX have announced a strategic partnership to build a massive AI computing infrastructure, targeting 10 gigawatts of AI compute capacity by 2027. SpaceX will use NVIDIA's GPUs exclusively, with NVIDIA backing a $500 billion financing pl...
SpaceX aims to increase its AI compute capacity from 1.4 to 6-10 gigawatts, potentially spending $300-$500 billion in 2027 alone. This expansion is driven by lucrative inference economics, with companies like Anthropic and Google paying billions for ...
SpaceX reported a 92% year-over-year revenue increase in Q2 to $7.81 billion, but its capital expenditures surged to $18.37 billion, largely driven by $15.83 billion spent on AI infrastructure. The company faces challenges as Starlink's average reven...
AMD revealed a $565 million stake in SpaceX following its June IPO, despite SpaceX's decision to use Nvidia chips exclusively for its AI infrastructure. While Nvidia's investment aligns with its chip supply role, AMD's smaller stake appears to be a f...
Anthropic is preparing for an October IPO with a valuation target of $2 trillion, based on projected 2028 revenues of $190-200 billion, far exceeding its current $47 billion run rate. This approach prices the IPO on long-term growth forecasts rather ...
