The WisdomTree Space Economy Fund (WSPC), a new actively managed ETF, launched recently to offer investors exposure to the growing space economy. It includes about 50 stocks, with a 14.19% allocation to SpaceX, and focuses on communication services and industrial sectors tied to space commercialization. The space economy is expected to exceed $1 trillion within a decade, supported by increasing private-public partnerships and rising government spending, including a significant boost to the U.S. Space Force budget. This ETF charges a 0.75% annual fee and aims to benefit from expanding space activities like NASA's Artemis program and satellite launches.
SpaceX acquired Cursor's parent company for $60 billion, gaining a coding tool linked to prior Russian hacker breaches affecting seven firms. Though these attacks happened before SpaceX's ownership, the company now faces the challenge of fixing secur...
SpaceX stock gained 30% in August and is now above its IPO price. On September 9, a share unlock will increase the tradable supply by 319 million shares, raising the free float to 17.7%. ChatGPT predicts SpaceX shares will likely trade between $120 a...
OpenAI announced it will end access to its AI models for Cursor, following SpaceX's $60 billion acquisition of the AI coding startup. OpenAI cited concerns over SpaceX's compliance with contract terms based on past disputes with Elon Musk's companies...
OpenAI has cut off access to its AI models for Cursor following SpaceX's $60 billion acquisition of the coding platform, escalating the long-standing feud between OpenAI CEO Sam Altman and Elon Musk. OpenAI cited concerns over contract violations by ...
SpaceX stock has surged about 26% since late July, recovering from a dip below its IPO price after the company reported strong second-quarter results. Revenue hit $7.8 billion, up 92% year-over-year, driven mainly by Starlink's $4 billion revenue and...
