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The Latest Breaking News from Space Exploration Technologies Corp

Elon Musk Says Starship Flight 13 Is Being Recovered From the Sea Nearly 24 Days After Landing in the Indian Ocean

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk confirmed on Tuesday that the commercial spaceflight company was recovering the Starship rocket following its 13th flight test in late July.

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Former Tesla President Says Roadster Demo Could Be a ‘Not-So-Hidden Attempt’ to Knit TSLA and SPCX Together: ‘Probably Sooner Rather Than Later’

Jon McNeill, the former Tesla Inc. (NASDAQ:TSLA) President of Global Sales and Service, has said that the upcoming Roadster demonstration could be more than a product reveal, arguing the Space Exploration Technologies Corp. (NASDAQ:SPCX)-powered sports car may signal deeper convergence between Elon Musk’s two biggest companies.

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Elon Musk Responds After Former Ukrainian Defense Minister Credits SpaceX With Saving Thousands of Lives

Elon Musk said he is "trying to do the right thing" after former Ukrainian Defense Minister Mykhailo Fedorov credited Space Exploration Technologies Corp. (NASDAQ:SPCX) with blocking unauthorized Russian use of Starlink in Ukraine, saying the intervention protected the country’s air defenses and saved civilian lives.

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a16z Partner Asks Why California Politicians ‘Want to Push Away Startups,’ Says State Already Lost Tesla and SpaceX HQs ‘Due to Political Shenanigans’

Andreessen Horowitz partner Josh Elman criticized California politicians over policies he says could drive startups and founders out of the state, pointing to Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) previous headquarters moves as California debates a proposed one-time 5% tax on billionaire wealth.

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Harvard Reveals $2.2 Billion SpaceX Stake, Its Largest Public Equity Holding: University's Bet on Elon Musk-led Company Outshines Amazon and Nvidia

Harvard Management Co. disclosed a $2.2 billion stake in Space Exploration Technologies Corp. (NASDAQ:SPCX), an early investment in Elon Musk‘s rocket company whose value became public for the first time following SpaceX’s blockbuster Nasdaq debut in June.

Benzinga

EXCLUSIVE: Ross Gerber Says Tesla Could ‘Double’ Sales Without Elon Musk, Warns Investors on SpaceX Merger

While much of the conversation in the news cycles about Elon Musk today centers around Space Exploration Technologies Corp (NASDAQ:SPCX), EV giant Tesla Inc. (NASDAQ:TSLA) still remains an integral part of the billionaire’s business strategy.

Benzinga

Consumer Tech (Aug 10-14): Trump Faces Federal Lawsuits, Apple & Alibaba To Create AI Model For China & More

Ukraine’s military intelligence service is warning that Russia is accelerating deployment of its planned Rassvet low-Earth-orbit satellite constellation, which could eventually provide Moscow with Starlink-like battlefield connectivity.

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Why Investors Are Suddenly Bullish on SpaceX Again

Just days after investors punished Space Exploration Technologies Corp. (NASDAQ:SPCX) over its soaring AI spending, sentiment has flipped.

Benzinga

Early Tesla Investor Steve Jurvetson Bets on SpaceX Alumni to Solve AI’s Power Problem: ‘The Endgame for Datacenter...'

Early Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) investor Steve Jurvetson is backing two former leaders who worked at Elon Musk’s space company, aiming to solve AI’s rising electricity demand with off-grid solar and battery systems for data centers.

Benzinga

SpaceX Stock Surges Past $135 IPO Price: What's Going On?

Space Exploration Technologies Corp (NASDAQ:SPCX) shares are trading higher on Wednesday. CEO Elon Musk told employees the company’s Starlink service has passed 13 million consumer subscribers and 22 million monthly Starlink Mobile users.

Benzinga

Elon Musk Could Score $824 Billion Payday in Tesla-SpaceX Merger—Ross Gerber Says ‘Fantastical Abundance!’

Investor Ross Gerber has weighed in on a clause inside Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) compensation package that could grant him a windfall worth hundreds of billions of dollars if the EV giant merges with or is taken over by an enterprise like Space Exploration Technologies Corp. (NASDAQ:SPCX).

Benzinga

Elon Musk Wants Moon Travel to Become Something ‘Anyone’ Can Do as Starship Targets 100-Ton Deliveries to the Lunar Surface

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says he wants Moon travel to become accessible to "anyone" as the company’s Starship architecture is designed to deliver up to 100 tons of cargo directly to the lunar surface with on-orbit refueling.

Benzinga

SpaceX Pre-IPO Fraud: SEC Charges Adit Ventures Over Alleged Misconduct — CEO Eric Munson Rejects Allegations 'Completely’

The Securities and Exchange Commission Monday charged Adit Ventures Management LLC, CEO Eric Munson, and three affiliated general partners with defrauding investors through pre-IPO investments, including Space Exploration Technologies Corp. (NASDAQ:SPCX) and Klarna Group PLC (NYSE:KLAR).

Benzinga

Ross Gerber Wants Elon Musk To Build a Starlink AI Phone With ‘No Apps:' ‘Just Does What You Tell It To’

Investor Ross Gerber of Gerber Kawasaki thinks Elon Musk-led Space Exploration Technologies Corp (NASDAQ:SPCX) should create a Starlink-enabled smartphone.

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SpaceX's Share Lock-Up Expires, and This Former Engineer Says He'll Sell SPCX ‘a Little Bit More’

Space Exploration Technologies Corp. (NASDAQ:SPCX) unlocked about 911 million shares previously subject to lock-up restrictions this week, expanding its tradable share count by more than 140% as the newly public company faces intense scrutiny over its valuation and spending plans. The first major unlock came days after SpaceX reported its…

Benzinga

SPCX Stock Survives Its First Massive Float Expansion, But Is SpaceX Out of the Woods?

Space Exploration Technologies Corp. (NASDAQ:SPCX) stock defied fears of heavy selling pressure on Thursday, rebounding 6.14% to close at $114.92 even as its first post-IPO lockup expiration significantly expanded the stock’s free float.

Benzinga

Eric Trump Defends SpaceX After Bloomberg Op-Ed Slams Starlink as 'Overpromising and Underdelivering'— Elon Musk Backs Him Up

On Thursday, Eric Trump pushed back against criticism of Space Exploration Technologies Corp’s (NASDAQ:SPCX) Starlink service, arguing the company’s broader achievements in space exploration far outweigh concerns raised in an Opinion column.

Benzinga

Jim Cramer Compares SpaceX Stock to 100-Year Railroad Bonds: Asks Investors to Think of Their Children and Grandchildren

On Wednesday, Jim Cramer urged investors to look beyond Space Exploration Technologies Corp.’s (NASDAQ:SPCX) post-earnings sell-off, arguing that Elon Musk’s aerospace company should be viewed as a multigenerational investment.

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Cathie Wood Buys $17.6 Million of Nvidia Stock as SpaceX's GPU Bet Fuels Optimism, Dumps Palantir Stock as Michael Burry's Short Bet Lingers

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Space Exploration Technologies Corp (NASDAQ:SPCX), NVIDIA Corp (NASDAQ:NVDA), Circle Internet Group, Inc. (NYSE:CRCL), and Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga

Gary Black Says Retail Investors Buying the SpaceX Stock Dip 'Makes No Sense' as Float Set To Double on Thursday

The Future Fund‘s Gary Black questioned retail investors buying the dip in Space Exploration Technologies Corp. (NASDAQ:SPCX) on Wednesday, saying the optimism overlooks a massive post-IPO share unlock that could more than double the stock’s public float.

Benzinga

Elon Musk Says SpaceX Hits $100B 'If We Basically Did Nothing' — 'Nothing' Never Looked So Hard

Space Exploration Technologies Corp. (NASDAQ:SPCX) set one of the boldest financial targets of the earnings season on Tuesday, with CEO Elon Musk telling investors the company expects to reach a $100 billion annual recurring revenue (ARR) run rate by December. Then he added an even bolder qualifier.

Benzinga

SpaceX CEO Elon Musk Thinks People Underestimate Starlink and That Is a 'Big Deal'

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk said Tuesday that people are underestimating Starlink’s long-term potential and believes the satellite internet network could eventually deliver a majority of the world’s internet traffic in less than a decade.

Benzinga

Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Elon Musk on Tuesday said that Space Exploration Technologies Corp.’s (NASDAQ:SPCX) in-house forecast for hitting $1 trillion in annual revenue has been pulled forward to 2030 from 2031.

Benzinga

Elon Musk Says He Tries to 'Warn' Short Sellers, but They Just 'Double Down' as SpaceX Short Interest Climbs to 34%

Space Exploration Technologies Corp. (NASDAQ:SPCX) reported stronger-than-expected first quarterly financial results as a public company, prompting CEO Elon Musk to mock short sellers after bearish bets against the stock climbed to about one-third of its public float ahead of the earnings.

Benzinga

SpaceX's $24.6 Billion Short Bet Sets Up High-Stakes Week for Leveraged ETFs

Leveraged single-stock ETFs tied to Space Exploration Technologies Corp Stock (NASDAQ:SPCX) are heading into what could be their most volatile week since the company’s blockbuster IPO, as Wall Street’s growing bearish bets collide with the aerospace giant’s first quarterly earnings report and a massive insider lockup expiration.

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