In August 2026, Chinese humanoid robots surpassed Usain Bolt's 100m world record at the World Humanoid Robot Games, with times as fast as 9.32 seconds. Elon Musk acknowledged China's strength in AI and robotics, highlighting the rapid technological progress. Chinese companies dominate global humanoid robot sales, accounting for about 90% in 2025, while the US has imposed restrictions citing security concerns. This development signals China's growing lead in AI and robotics, posing a significant challenge to US firms like Tesla and SpaceX.
SpaceX stock dropped from $156 on June 23 to $136 on August 23, causing a 12.8% loss for investors who bought at IPO. The decline is mainly due to post-IPO volatility and multiple share unlocks increasing tradable supply. Despite the stock price fall...
Hyperscale cloud companies like Amazon, Alphabet, Microsoft, and Meta are projected to spend $4.1 trillion on AI-related infrastructure from 2026 to 2028, more than triple the previous six years. UBS estimates these firms will reinvest nearly 100% of...
D.E. Shaw & Co. disclosed a new $912 million position in SpaceX following its June 2026 IPO, acquiring 5.34 million shares. Simultaneously, the firm reduced its Broadcom holdings by 58.3%, trimming 3.8 million shares but retaining over $1 billion in ...
A trading expert forecasts SpaceX stock to trade near $300 in early 2027, following a breakout above a major resistance zone that ended its post-IPO consolidation phase. After its June 2026 IPO, SpaceX surged to $225 before correcting near $100, then...
Elon Musk announced Starlink now has 11,000 satellites in orbit, dominating the low-earth-orbit broadband market. Starlink's fleet is vastly larger than Amazon's Kuiper project, which has only 394 satellites and trails behind OneWeb's 654. Starlink h...
