SpaceX's stock surged 10% to $146.15, boosting Elon Musk's wealth by about $66 billion in one day. After briefly making Musk the world's first trillionaire during its IPO peak at $225.64, the stock fell below $105 but has now rebounded strongly. Musk needs SpaceX to rise about 15-20% more, to roughly $170 per share, to reclaim his trillionaire status. Despite increased share availability from lockup expirations, the stock's resilience suggests strong investor confidence in SpaceX's growth potential.
Elon Musk disclosed a 48.4% stake in SpaceX, worth over $900 billion, maintaining control with more than 82% voting power after its June IPO. SpaceX's stock price recovered above its IPO level following a strong Q2 report showing 92% revenue growth a...
Anthropic confidentially filed for a US IPO targeting a Nasdaq listing in late 2026 with a valuation near $965 billion and aims to raise over $60 billion. If Nasdaq applies its accelerated inclusion rule, similar to what it did for SpaceX, millions o...
Space stocks traded unevenly Thursday morning following Intuitive Machines' Q2 earnings report, which showed record revenue but missed expectations and a wider loss. Despite the miss, new contract awards and backlog growth helped limit the selloff, s...
SpaceX debuted with a $1.77 trillion IPO valuation but saw its stock drop below the IPO price following a disappointing Q2 2026 earnings report. The company reported $18.4 billion in capital expenditures, with 86% dedicated to AI infrastructure, rais...
SpaceX shares surged about 10%, rising 35% from recent lows, driven by excitement over its AI coding firm Cursor. Analysts highlight Cursor's potential to generate significant revenue, with Morgan Stanley projecting annual recurring revenue growth fr...
