SpaceX's IPO on June 15 was a major success, debuting smoothly with a 19% gain and a market cap near $2.52 trillion, making it one of the largest U.S. listings ever. Retail investors showed strong interest, with record retail order activity and about 20% retail participation. Elon Musk's projection of $1 trillion revenue by 2030 has boosted optimism. This successful launch is seen as a positive signal for upcoming AI megacap IPOs from Anthropic and OpenAI, though market conditions and SpaceX's post-IPO price stability will be key factors to watch.
SpaceX shares dropped below their initial public offering (IPO) price of $135 for the first time after falling for four consecutive sessions. The stock has been volatile since its historic IPO last month, which raised a record $86 billion and made El...
SpaceX's stock has fallen about 30% since its IPO, nearing its initial price of $135. The upcoming 13th test flight of Starship on July 16 is crucial as it will test key improvements after issues in the last flight, including booster stability and en...
YieldMax ETFs introduced the YieldMax SPCX Option Income Strategy ETF (YSPC), which aims to generate income through options-based strategies linked to Space Exploration Technologies Corp. (SpaceX). The fund does not invest directly in SpaceX but uses...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
The WisdomTree Space Economy Fund (WSPC), a new actively managed ETF, launched recently to offer investors exposure to the growing space economy. It includes about 50 stocks, with a 14.19% allocation to SpaceX, and focuses on communication services a...
