Elon Musk has denied reports that SpaceX is developing a handheld AI device similar to an iPhone, calling such claims "utterly false." The Wall Street Journal reported that SpaceX showed investors a prototype device running on its own operating system and using AI tech from xAI, a company SpaceX acquired earlier this year. However, the device remains in the prototype stage with no confirmed plans for public release. Meanwhile, SpaceX is exploring expanding into retail mobile phone services, potentially partnering with Charter Communications and already working with T-Mobile for satellite phone service via Starlink. Analysts remain skeptical about SpaceX entering consumer electronics at scale.
SpaceX is transforming from a launch service provider into a comprehensive platform integrating space transport, connectivity via Starlink, and AI infrastructure. Starlink reached 10.3 million subscribers in Q1 2026, and AI hosting deals suggest abou...
Nasdaq announced that SpaceX will be added to the Nasdaq-100 Index starting July 7, 2026. This inclusion is part of a trend where Nasdaq has added 42 companies since 2022, with mixed short-term stock performance after joining. Historically, stocks ad...
SpaceX went public on June 12 with a market cap exceeding $2 trillion and saw its stock surge 53% above the opening price within three days, though gains later moderated to a 17% increase. Its swift inclusion in major indexes like the Russell 1000 an...
Wedbush Securities has started coverage on several space and defense stocks including SpaceX, AeroVironment, Kratos Defense, Voyager Technologies, and Planet Labs, rating all as outperform. Analysts believe the recent market dip offers a rare chance ...
Wedbush initiated coverage of SpaceX with an 'outperform' rating and a $190 price target, highlighting the company's evolution beyond rockets into a hyperscaler with three main segments: Starlink connectivity, Starship launches, and AI compute. Starl...
