In the latest 13F filings, Altimeter Capital, led by Brad Gerstner, increased its investments in tech stocks including SpaceX, Cerebras Systems, and Micron during a volatile second quarter. Gerstner views recent semiconductor market dips as buying opportunities rather than signs of a bubble, positioning his fund to benefit from the ongoing AI revolution. With a concentrated portfolio and a long-term focus, Altimeter’s bold moves in AI chipmakers and memory manufacturers signal confidence in sustained growth despite market turbulence. Investors may watch this fund closely as the tech sector navigates potential corrections and continued innovation.
Elon Musk revealed that SpaceX might acquire an established telecom company to utilize its spectrum ten times more effectively, though no specific target was named. SpaceX already owns significant spectrum licenses and plans to close on more by mid-2...
At the Baron Investment Conference, billionaire Ron Baron estimated Elon Musk's Terafab chip venture could cost $1 trillion over time, a figure Musk did not dispute. Terafab aims to produce a terawatt of AI chips annually, vastly exceeding current gl...
AST SpaceMobile announced plans to develop its own reusable rocket, Blacklift, powered by Firefly Aerospace engines, targeting launches starting in late 2028. This move aims to reduce dependence on SpaceX and other launch providers but involves signi...
Donald Harrison, Google's president of global partnerships, resigned from SpaceX's board after nearly 12 years, leaving Alphabet without a direct board seat despite increasing its SpaceX stake. The departure comes as Alphabet expands its commercial t...
Alphabet increased its holdings in SpaceX to 555 million shares valued at $83.7 billion as of September 2026, making it its largest equity position despite a decline in value due to share price changes. The move coincides with SpaceX's strong Q3 reve...
