SpaceX debuted on the public market with an $85 billion IPO, quickly gaining 49% in value and reaching a $2.66 trillion market cap, surpassing Amazon to become the fifth-largest company. The company signaled growth ambitions by acquiring Anysphere for $60 billion, expanding into AI beyond its core space business. However, a staggered lockup schedule means billions of shares will become tradable by December 2026, potentially testing investor demand and stock stability. The IPO's initial scarcity fueled the rally, but the upcoming lockup expirations will reveal if the market supports SpaceX's high valuation long-term.
AST SpaceMobile's stock rose 6% following the successful launch of its three largest BlueBird satellites by SpaceX's Falcon 9 rocket, marking a key milestone in its satellite constellation buildout. These new satellites feature the largest commercial...
For two decades, stock buybacks reduced share supply, boosting earnings per share and valuations. JPMorgan forecasts a surge in net equity issuance to $1.2 trillion by 2027, driven by IPOs and secondary offerings from AI and tech giants like SpaceX, ...
U.S. stock futures showed mixed results with Dow Jones futures down while Nasdaq 100 and S&P 500 futures rose as investors awaited the Federal Open Market Committee's interest rate decision. La-Z-Boy surged nearly 20% after reporting better-than-expe...
SpaceX's stock surged over 52% shortly after its IPO, prompting ChatGPT to forecast the share price hitting $300 by September 25, 2026. The AI analysis notes that initial enthusiasm and index buying will drive gains through summer, but insider sellin...
SpaceX shares surged after IPO pricing but retreated from a $225 high to close at $201.68, signaling cooling enthusiasm. Major U.S. stock indices mostly fell, with Nasdaq down 1.15% and S&P 500 down 0.57%, while Dow Jones rose 0.64%. Treasury yields ...
