Reps. Dan Meuser and Gil Cisneros disclosed stock purchases in SpaceX shortly after its June 12 IPO, which valued the company at over $2 trillion. Meuser's dependent child bought between $15,001 and $50,000 in stock, while Cisneros bought between $1,001 and $15,000. Both lawmakers serve on committees related to finance and defense, making their trades politically sensitive, but there is no evidence they used nonpublic information or broke any laws. These disclosures may signal more congressional trades in SpaceX as the company and other tech IPOs gain attention in Washington.
SpaceX shares have fallen over 50% from their peak shortly after IPO, now trading about 15% below the IPO price. This decline aligns with historical IPO patterns that often indicate attractive buying opportunities. Technical analysis shows support ar...
SpaceX's stock, currently around $115 after falling from over $225 post-IPO, could decline to $50 between August 2026 and mid-2027 if insider selling increases, earnings disappoint, and Starship delays continue. The company faces potential volatility...
SpaceX successfully launched its massive Starship rocket on its 13th test flight from Texas, marking the first flight since its IPO. The Super Heavy booster detached and landed safely, while the upper stage made a soft splashdown in the Indian Ocean....
Tesla shares dropped 18% this week, marking their worst weekly decline since 2022, following weaker-than-expected Q2 earnings and negative cash flow due to heavy spending on new projects. SpaceX shares fell about 7%, continuing a downward trend since...
Space Exploration Technologies (SpaceX) shares have fallen nearly 50% from their peak and now trade below their IPO price, presenting a contrarian buying opportunity. The company's satellite business, Starlink, is highly profitable and expected to dr...
