Elon Musk announced he will give one SpaceX share to every child in the U.S. next year, totaling about $10.5 billion in shares. Musk owns approximately 4.8 billion shares, which represents nearly half of the company. With 72 million children under 18 in the U.S., this gift would distribute a significant portion of his stake. This move highlights Musk's unique approach to wealth distribution and could impact SpaceX's ownership structure.
SpaceX shares trade at USD 147.41 on Pluang as of Oct 19, 2026 15:51 WIB, showing a 0.95% increase in one day. The company’s market cap stands at $1.98 trillion, reflecting its massive scale in the industrials sector. Volume on Pluang reached over 87 million shares, indicating strong investor activity alongside Musk's announcement.
Bernstein confirmed its Buy rating and $248 price target for SpaceX, anticipating a 70% upside from the last close of $146. This optimism is based on Starlink's projected $64 billion revenue by 2031 and strong Q3 revenue growth expected at $12.89 bil...
SpaceX could offset losses from rockets and AI if it captures just 1% of the phone market, with business and government revenue growing faster than consumer sales. Tesla benefits from rising gas prices, which act as a stronger incentive than the EV t...
Tesla's stock rose 4.5% in premarket trading after CEO Elon Musk revealed a new Roadster model with flying capabilities developed with SpaceX. The event sparked investor excitement and speculation about a possible Tesla-SpaceX merger, potentially boo...
Rocket Lab announced a delay in the first flight of its Neutron medium-lift reusable rocket to 2027 after discovering voids in the carbon composite layers of the propellant dome during manufacturing. While the flaw won't cause flight failure and has ...
Barclays analyst Dan Levy indicated a potential merger between Tesla and SpaceX might be announced before Tesla's annual meeting deadline on December 6, 2026. The merger would combine two companies valued at about $3.5 trillion, focusing on vertical ...
