Space Exploration Technologies Corp (SpaceX) recently went public with a $1.75 trillion IPO valuation, which some investors and analysts consider too high. Despite this, the company reported a strong 90% revenue increase to $7.8 billion in Q2, driven by AI expansion and Starlink subscriber growth. Management aims to reach a $100 billion revenue run-rate by December 2026. However, cautious analyst ratings and concerns about ongoing heavy cash spending have led to mixed investor sentiment, reflected in the stock's price volatility.
Space Exploration Technologies Corp's IPO valuation reached $1.75 trillion amid strong revenue growth. For readers following technology stocks, here is Pluang's market snapshot as of Sep 14, 2026 19:44 WIB: Among 150 priced US technology-sector stocks tradable on Pluang, 67 rose and 77 fell. Notable movers include WULF at USD 15.46 down 7.65%, STX at USD 768.49 down 7.43%, and TER at USD 351.71 down 7.41%.
ZenaTech announced a 27.1% organic revenue growth in its Drone as a Service (DaaS) operations in 2026, driven by integrating AI and drones into surveying and inspection workflows. The company expects Q3 2026 revenues between C$13.4 million and C$14.8...
Nvidia CEO Jensen Huang has reaffirmed his long-standing forecast that global spending on AI infrastructure will surge to between $3 trillion and $4 trillion by 2030. This projection highlights the massive growth potential in the AI sector, driven by...
Targa Resources Corp. announced a quarterly cash dividend of $1.25 per common share for Q3 2026, payable on November 17, 2026, to shareholders of record as of October 30, 2026. The company will release its Q3 2026 financial results before market open...
On October 13, 2026, several stocks including Adlai Nortye, Omada Health, Syndax Pharmaceuticals, Six Flags, and Immunic saw significant declines. Syndax dropped 15.7% after its Phase 2 trial for a lung disease drug failed, leading to halted developm...
Applied Materials projects sustained demand for its chipmaking equipment driven by AI infrastructure growth, expecting faster spending on wafer fab equipment through 2030. The company aims to increase its market share by over 2 percentage points from...
