Jim Cramer highlighted that SpaceX's soaring valuation reflects investor confidence in Elon Musk's ability to build transformative businesses rather than the company's current profits. Despite SpaceX's losses and a $2.5 trillion valuation, investors are attracted by Musk's track record and the company's diverse ventures, including Starlink and reusable rockets. The recent $60 billion acquisition of AI startup Cursor signals SpaceX's push into new growth areas. Cramer compared SpaceX to Berkshire Hathaway under Warren Buffett, suggesting investors see Musk as a long-term value creator.
SpaceX (SPCX) options began trading, triggering speculation of a gamma squeeze that could drive the stock price to $400. Experts highlight the stock's low tradable float and high call option demand, which may force dealers to buy shares aggressively,...
Velo3D shares jumped over 9% following confirmation by CEO Arun Jeldi that SpaceX's latest Raptor engine is built entirely using Velo3D technology. The company has supplied machines for SpaceX since 2018 and is currently producing parts for the next-...
Michael Burry, known for predicting the 2008 housing crash, stated he holds no position in SpaceX as he finds bearish options too expensive despite questioning the company's nearly $3 trillion valuation. He described SpaceX as a small, niche company ...
SpaceX debuted on Nasdaq under ticker SPCX, quickly reaching a $2.85 trillion market cap and surpassing Tesla, Meta, and Amazon. This historic IPO raised $85.7 billion, the largest ever, making Elon Musk the world's first trillionaire. The event chal...
SpaceX (SPCX) options began trading on Cboe and Nasdaq, generating massive interest and high implied volatility due to no prior positioning history. Experts warn of a potential gamma squeeze, where heavy call option buying forces dealers to buy the u...
