SpaceX stock surged to an all-time high of $225.64 shortly after its IPO but then dropped sharply to $164.99 by June 30, wiping out gains made during the initial rally. Jim Cramer initially called the stock a 'monster' at $200 but also warned it was a 'meme stock' rally unlikely to last. Despite the recent decline, SpaceX is set to join the Nasdaq-100 on July 7, which is expected to drive renewed buying and potentially push the stock higher. However, insider selling and valuation concerns may temper gains, though Wall Street remains generally optimistic about SpaceX's longer-term prospects into 2027.
The Trump administration's unprecedented $1.5 trillion defense budget request and procurement reforms are driving rapid growth in munitions manufacturing. Castelion, a startup founded by former SpaceX employees, is applying commercial manufacturing p...
Tesla is projected to overtake SpaceX in market capitalization by July 2027, according to an analysis by OpenAI's ChatGPT. Currently, SpaceX is valued at about $2.16 trillion, while Tesla stands at $1.55 trillion. Tesla's growth is expected to be fue...
Confidential files related to Apple's upcoming iPhone 18 Pro have been leaked on the dark web, originating from Tata Electronics, Apple's Indian contract manufacturer. The leak includes sensitive component designs and supplier details, also affecting...
SpaceX shares have recovered after a 35% drop from their post-IPO peak, driven by strong bullish activity in options trading. Traders are buying significantly more call options than puts, signaling confidence in the stock's upside. The rally follows ...
ChatGPT advises investors to wait until after July 7, when SpaceX is added to the Nasdaq-100, before buying the stock. The inclusion will trigger short-term buying by index funds, likely causing a temporary price spike followed by a pullback. The AI ...
