President Donald Trump purchased $1-5 million in SpaceX bonds just two days before signing a major order to accelerate the U.S. commercial space industry. The order aims to increase launch and reentry operations in the U.S. to over 1,000 annually by 2030 by speeding up permits and environmental reviews. SpaceX, led by Elon Musk, stands to benefit from these policies, raising concerns about potential conflicts of interest. The White House says Trump's investments are managed independently, but the timing has drawn scrutiny as Trump made many other large trades in August, including in Meta and Microsoft.
SpaceX shares on Pluang trade at USD 166.97, up 3.99% on the day as of Oct 09, 2026 18:41 WIB, still below its 52-week high of USD 202.09 but well above the low of USD 108.27. In contrast, Meta is closer to its 52-week high at USD 724.44, rising 0.49%, while Microsoft trades at USD 528.32, just below its 52-week peak of USD 542.07 with a 1.09% gain. The trading activity shows SpaceX has a higher sell ratio at 83% compared to Meta's 27% and Microsoft's 66%, reflecting differing investor sentiment across these tech and industrial giants.
AST SpaceMobile's stock fell 6% after SpaceX agreed to acquire a nationwide low-band spectrum portfolio that AST had been pursuing, closing off a key option for expanding its satellite phone service. This spectrum is crucial for direct-to-device sate...
SpaceX's Starlink is expanding its mobile service by acquiring up to 14 MHz of low-band spectrum, challenging major US wireless carriers like AT&T, Verizon, and T-Mobile. This spectrum will improve Starlink Mobile's coverage by allowing signals to tr...
SpaceX's purchase of nationwide low-band spectrum enables its Starlink service to operate as an independent cellular network, challenging traditional carriers Verizon and AT&T, whose stocks fell 7% amid fears of increased competition. This move expan...
SpaceX went public at a record $1.77 trillion valuation and has since grown to over $2.1 trillion as of October 9, 2026. Early investors have seen significant gains, with the stock price rising from $135 at IPO to $166.69 in pre-market trading. Howev...
Tesla and SpaceX, two major ventures of Elon Musk, show contrasting growth paths through 2027. Tesla focuses on vehicle sales and AI investments, delivering 480,126 cars in Q2 with rising AI expenses impacting margins. SpaceX, now public, posted $7.8...
