Don Harrison, a longtime Google executive and SpaceX board member, has resigned from SpaceX's board. The resignation was not due to any disagreement with the company, and SpaceX thanked him for his dedicated service. Alphabet, Google's parent company, remains the largest institutional investor in SpaceX with a $74 billion stake. The close partnership between Google and SpaceX continues, including significant contracts and joint projects in AI and space technology.
As of November 7, 2026, SpaceX shares on Pluang trade at USD 135.02, recovering from their 52-week low of USD 108.27 but still well below the 52-week high of USD 202.09, with a strong 1-day gain of 9.22%. In contrast, Alphabet's stock is priced at USD 285.50, closer to its 52-week low of USD 273.49 than its high of USD 402.62, and shows a modest 1-day increase of 1.04%. This highlights a sharper recent rebound for SpaceX compared to Alphabet, despite Alphabet's larger market cap and longer typical hold time on Pluang.
Elon Musk projected that SpaceX could reach an annual recurring revenue (ARR) exceeding $500 billion by December 2027, a figure that is about 2.8 times higher than the highest Wall Street analyst estimate of $290 billion. Musk emphasized this as a be...
SpaceX shares climbed 4% to $128.92 as tech stocks recovered after a post-election selloff that had pushed SpaceX down 25% in a month. The rebound is supported by strong U.S. jobs data and a rotation back into growth stocks, though challenges remain ...
On November 5, 2026, ARK Invest led by Cathie Wood sold about $134 million worth of Broadcom shares and purchased Nvidia and SpaceX shares totaling roughly $100 million. This move reflects a strategic shift from Broadcom's custom AI chips toward Nvid...
Tesla and SpaceX, Elon Musk's two largest public companies, lost a combined $457 billion in market value between November 3 and 5, 2026, following Democratic wins in Congress and key Texas races. Tesla's stock dropped nearly 14%, while SpaceX fell ov...
SpaceX shares plunged from $135.92 to $123.62 during a market selloff, with analysts warning of further declines toward $108, near its all-time low of $104.83. The massive October unlock of nearly 2 billion shares, worth over $300 billion, has increa...
