Rep. Frank Pallone, ranking member of the House Committee on Energy, has demanded SpaceX CEO Elon Musk provide records and a tour of the company's AI data centers and power plants in Memphis, Tennessee. Pallone alleges that SpaceX's use of natural gas turbines without pollution controls or permits has created a significant health risk to local communities. This scrutiny comes amid rising public opposition to AI data centers due to concerns about pollution, electricity costs, and community impact. Environmental groups and the NAACP have also filed lawsuits against SpaceX's turbine use, while the Department of Justice has intervened to support the company. The situation highlights growing tensions over the environmental and social effects of expanding AI infrastructure in the U.S.
Morgan Stanley reaffirmed its 'Overweight' rating on SpaceX and set a $300 price target, implying 165% upside from the current $113 share price. The upcoming August 4 earnings report is highly anticipated for updates on SpaceX's AI infrastructure, St...
MEXC's RealStocks platform, launched in June 2026, saw SpaceX (SPCX) capture nearly 30% of trading volume and user activity, marking it as the most popular stock among over 7,000 US stocks and ETFs available. AI-related stocks collectively accounted ...
SpaceX shares dropped to a new all-time low, but Cathie Wood of ARK Invest explained her firm's continued buying due to SpaceX's strong business edge with its Starship program. Wood and Ark's chief futurist Brett Winton believe Starship's successful ...
Tesla's stock has fallen 18.40% since July 21, reaching an RSI of 27, the most oversold level since March 2025, suggesting a potential recovery. However, investor confidence is shaken due to delays in key projects like autonomous driving and Robotaxi...
Within six days of SpaceX's June 12 IPO, six U.S. House members or their families purchased between $83,000 and $245,000 in SpaceX shares. Five of these lawmakers serve on committees overseeing sectors related to SpaceX's business, such as defense an...
