SpaceX options were officially listed and saw massive trading activity within the first 30 minutes, becoming the third-most traded single-stock options behind Tesla and Nvidia. Over 300,000 contracts traded, with a strong preference for call options, reflecting bullish sentiment after SpaceX's recent 16% rally. Experts predict that once the market stabilizes, SpaceX options could surpass Tesla and Nvidia in volume, benefiting retail investors. Traders are advised to wait a day or two for pricing to become more efficient as initial volatility is high.
Space Exploration Technologies Corp. (SpaceX) saw its shares surge over 11% in premarket trading, pushing its market capitalization close to $3 trillion, surpassing Amazon to become the fifth-largest company globally. This rapid valuation increase ha...
Shares of space-related companies like Planet Labs, Intuitive Machines, Firefly Aerospace, and Virgin Galactic dropped sharply amid no company-specific bad news. The selloff is driven by investor capital rotating toward SpaceX, which recently went pu...
Bitcoin experienced a sharp drop followed by a partial recovery in June, sparking debate about whether it has hit its cycle bottom. Rick Rieder, BlackRock's CIO of Global Fixed Income, expressed long-term optimism for Bitcoin's price, though BlackRoc...
SpaceX shares surged 14% to $219 after announcing a $60 billion all-stock acquisition of Anysphere, maker of the AI coding tool Cursor. This deal, expected to close in Q3 2026, pushes SpaceX's market cap close to $2.9 trillion, rivaling Microsoft. Th...
SpaceX has agreed to acquire Anysphere, the developer of the AI coding assistant Cursor, in a stock-for-stock transaction valuing the company at $60 billion. The deal will merge SpaceX's subsidiary X67 Inc with Anysphere, making Cursor a wholly owned...
