SpaceX shares have recovered after a 35% drop from their post-IPO peak, driven by strong bullish activity in options trading. Traders are buying significantly more call options than puts, signaling confidence in the stock's upside. The rally follows speculation that SpaceX might acquire a mobile carrier and a deal between Rocket Lab and Iridium Communications that boosted satellite communications excitement. Technical analysis shows buyer demand at key price levels, suggesting potential for further gains.
ChatGPT advises investors to wait until after July 7, when SpaceX is added to the Nasdaq-100, before buying the stock. The inclusion will trigger short-term buying by index funds, likely causing a temporary price spike followed by a pullback. The AI ...
Following SpaceX's IPO, investor focus is shifting from rocket launches to companies selling satellite data, a distinct and growing market. Planet Labs leads this sector with record quarterly revenue of $94 million, up 42% year-over-year, and a backl...
Elon Musk, SpaceX CEO, sold 11,390 shares worth about $1.2 million in April 2026, just before the company's IPO priced at $135 per share. This sale was below the IPO price and current market value, indicating it happened before the public fully value...
Following SpaceX's public listing, the space economy has gained investor attention, especially lunar infrastructure. Intuitive Machines reported a record Q1 2026 revenue of $186.7 million, nearly tripling last year, and holds a $1.1 billion backlog. ...
Wall Street ended the week lower, led by a sharp selloff in semiconductor and big tech stocks, with ON Semiconductor down nearly 30% and others like Western Digital and Arm Holdings also falling significantly. Despite strong earnings from Micron Tech...
