A federal judge denied SpaceXAI's motion to dismiss a lawsuit filed by the NAACP alleging violations of the Clean Air Act. The suit claims SpaceX's AI division used 27 gas-fired turbines without proper permits to power data centers in Mississippi, causing pollution and health risks. The court ruled the turbines are not exempt as 'mobile sources' and upheld the NAACP's right to sue. This legal challenge highlights environmental concerns around SpaceX's AI infrastructure and will proceed in court.
The legal battle over SpaceX's environmental practices adds to the scrutiny facing the company. On Pluang, SpaceX (SPCX) shares are trading at USD 134.69, down 6.39% as of Nov 01, 2026 02:11 WIB. The stock has a market cap of $1.83 trillion, with investors holding positions for an average of 46 days and a nearly balanced order flow of 47% sell and 53% buy activity.
T-Mobile's stock rose 7% following new estimates that SpaceX may need an additional $120-$130 billion to build a rival U.S. wireless network, raising concerns about SpaceX's competitive threat. Despite T-Mobile's strong Q3 earnings and raised forecas...
SpaceX stock declined nearly 9% in October, dropping from $150.86 to $137.46 despite early-month gains above $170. Investors who bought in September or early October faced losses, though the stock remains above its IPO price of $135. Analysts remain ...
More airlines are seeking to equip their fleets with Starlink, the satellite internet service owned by SpaceX, to meet growing passenger demand for fast and reliable in-flight WiFi. United Airlines CEO Scott Kirby called Starlink the biggest competit...
About 3.89 billion SpaceX shares became eligible to trade within three months through October 26, 2026, following IPO lockup expirations. Despite this large supply, the stock price remained relatively stable, supported by the company's profitable Q3 ...
Elon Musk expressed support for a merger between Tesla and SpaceX, calling it a good idea, but highlighted the challenge of securing a 50% vote from all Tesla shareholders, which translates to about 1.98 billion votes. The merger would face a high vo...
