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.
A trading expert forecasts SpaceX stock to trade near $300 in early 2027, following a breakout above a major resistance zone that ended its post-IPO consolidation phase. After its June 2026 IPO, SpaceX surged to $225 before correcting near $100, then...
Elon Musk announced Starlink now has 11,000 satellites in orbit, dominating the low-earth-orbit broadband market. Starlink's fleet is vastly larger than Amazon's Kuiper project, which has only 394 satellites and trails behind OneWeb's 654. Starlink h...
Tesla delivered a record 480,126 vehicles but saw its operating margin drop to 1.4% amid heavy investment in R&D and new projects like Optimus and AI compute. Meanwhile, SpaceX, after its $85.7 billion IPO, grew revenue by 92% year-over-year, driven ...
SpaceX's decision to build its AI infrastructure on NVIDIA's Vera Rubin platform, claiming 20% of NVIDIA's next-gen capacity, signals NVIDIA's advantage in allocation control rather than AMD's decline. Despite losing SpaceX, AMD reported strong Q2 re...
DZ Bank initiated coverage of SpaceX with a Sell rating and a $100 price target, below the recent $134 stock price. The analyst highlighted risks from massive capital expenditures, including $18.37 billion in one quarter mainly for AI infrastructure,...
