SpaceX's IPO debuted with a $1.77 trillion valuation, heavily influenced by Elon Musk's reputation, despite analysts warning the price inflates the company's true worth by about $1 trillion. While Musk has achieved milestones like Falcon 9 reusability and Starlink's growth, many promises remain unfulfilled, raising concerns about governance, market size, and declining Starlink revenue. Experts expect the stock to trade on investor enthusiasm and momentum rather than fundamentals, with retail demand and MSCI inclusion driving interest. However, some investors caution that the valuation is overly optimistic and not supported by the company's financial realities.
Jordi Visser of 22V Research argues that building data centers in space may be more cost-effective than on land due to high terrestrial costs for power, cooling, and land. SpaceX plans orbital data centers costing $5 billion versus $60 billion for a ...
On June 16, retail investors heavily bought SpaceX shares during its IPO debut, marking the largest retail net buying day for any recent IPO, while selling other stocks including major tech names like NVIDIA and Microsoft. SpaceX's market cap surged ...
Zoomex, a global crypto derivatives exchange, has introduced Zoomex Stocks, allowing users to trade tokenized versions of major U.S. equities and ETFs using USDT within a single account. This move responds to a market shift as institutional capital f...
Tesla's Robotaxi program, touted for no recent at-fault incidents, faces skepticism due to its small active fleet of 31 cars and only 14 truly unsupervised vehicles. Analyst Gordon Johnson criticized the project as a 'stock pump' scheme, noting the f...
Invesco QQQ Trust (QQQ) includes non-tech giants like Amazon and Tesla, blending consumer and communication sectors with tech, while Technology Select Sector SPDR Fund (XLK) focuses strictly on technology stocks like NVIDIA, Apple, and Microsoft. XLK...
