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 generating under $20 billion annually, yet valued higher than Berkshire Hathaway and many industries. Burry's comments add to the debate on whether SpaceX's market value is overinflated following its high-profile IPO. He previously warned investors about tech stock bubbles fueled by AI hype.
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-...
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...
SpaceX shares increased by 5% in pre-market trading, pushing its market capitalization to $2.66 trillion. This valuation matches Amazon's market cap when it went public in May 1997. If the current trading levels hold, SpaceX would become the fifth la...
