SpaceX stock has fallen about 8% from its July value despite a recovery rally in August, with a $10,000 investment in early July now worth around $9,188. The stock surged after its June 2026 IPO but dropped due to valuation concerns, heavy AI spending, and insider selling. Strong Q2 results showed 92% revenue growth and rising Starlink subscribers, boosting investor confidence. Upcoming catalysts include the Starship Flight 14 mission and post-IPO lock-up expirations, which could impact short-term stock movement.
Ukraine continues to experience restrictions on SpaceX's Starlink internet system, specifically the military-grade Starshield service, which limits drone speeds to under 100 mph. This throttling disrupts Ukrainian drone operations and limits their ab...
Citi projects SpaceX's Starlink will not launch a national wireless service until around 2029, positioning it behind established telecom giants like AT&T and Verizon. However, recent reports that SpaceX aims to secure 80,000 cell sites across the US ...
Shares of T-Mobile, AT&T, and Verizon fell sharply after reports that SpaceX is negotiating access to 80,000 U.S. cell sites, aiming to become a fourth national wireless carrier. This move would combine SpaceX's satellite service with terrestrial inf...
SpaceX is reportedly negotiating access to about 80,000 U.S. cell towers to establish a fourth nationwide wireless carrier, potentially disrupting the telecom market. While major carriers like Verizon, AT&T, and T-Mobile saw stock declines, tower own...
Phillip Securities upgraded SpaceX from "Sell" to "Buy" and raised its price target from $75 to $250, citing strong demand and higher contract prices. The analyst increased revenue forecasts for 2026 and 2027 significantly, expecting new capacity to ...
