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The Latest Breaking News from Space Exploration Technologies Corp

Cathie Wood Doubles Down on SpaceX Bet Amid Dip in Stock, Keeps on Dumping AMD Stock

Cathie Wood-led Ark Invest made notable portfolio adjustments on Tuesday, emphasizing a shift toward private space exposure while trimming semiconductor holdings. The firm added to Space Exploration Technologies Corp (NASDAQ:SPCX) across multiple ETFs and reduced its position in Advanced Micro Devices Inc (NASDAQ:AMD) amid recent market weakness.

Benzinga

SpaceX’s 91% Growth Forecast Isn’t Just a Rocket Story, JPMorgan Says

A price target with a 40% upside wasn’t the boldest prediction in JPMorgan’s 150-page initiation report on Space Exploration Technologies Corp. (NASDAQ:SPCX).

Benzinga

Your 401(k) May Have Just Bought SpaceX for You

You may not have bought Space Exploration Technologies Corp. (NASDAQ:SPCX) stock. But if your retirement savings sit in a Nasdaq-100 ETF, a target-date retirement fund or a large-cap growth 401(k), there’s a good chance you became a SpaceX investor anyway.

Benzinga

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Musk's SpaceX Wins Goldman Buy Rating: Here's Why The Stock Could Climb 30%

Weeks after the largest initial public offering in history, Goldman Sachs initiated coverage of Space Exploration Technologies Corp. (NASDAQ:SPCX) with a Buy rating, planting itself firmly among Wall Street’s biggest bulls on the newly public rocket and AI giant.

Benzinga

Morgan Stanley Analyst Initiates SpaceX Coverage, Sees Nearly 90% Upside for Elon Musk's SPCX

Morgan Stanley (NYSE:MS) analyst Adam Jonas began coverage of Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX), sharing a price target of $300/share for the commercial space flight giant.

Benzinga

Elon Musk Slammed for Paying the Same Social Security 'Taxes' as an Electrician, Ross Gerber Explains Why the Outrage Isn't Valid

Sen. Patty Murray (D-WA) criticized Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk for paying the same social security taxes as an ordinary American, but investor Ross Gerber disagrees with the lawmaker’s criticism.

Benzinga

Donald Trump Signals Confidence Elon Musk Will Donate SpaceX Stock to Trump Accounts: 'I Have a Very Good Relationship With Elon'

On Thursday, President Donald Trump said he believes Elon Musk will eventually donate Space Exploration Technologies Corp. (NASDAQ:SPCX) stock to the new Trump Accounts program.

Benzinga

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Trump Accounts Could Land An Unexpected Boost As SpaceX Reportedly Weighs Stock Donation

Space Exploration Technologies Corp. (NASDAQ:SPCX) is reportedly in talks with the Trump administration about a potential donation to the Trump Accounts, a savings initiative for children.

Benzinga

SpaceX heads toward fourth day of gains since record IPO

SpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has surpassed Amazon in market value, becoming the fifth-largest stock worldwide. This rally shows strong demand following its record IPO. Investors anticipate future IPOs from AI rivals. Key economic and geopolitical events are…

The Economic Times

Jamie Dimon to pitch JPMorgan’s ultra-rich clients on SpaceX IPO

JPMorgan Chase CEO Jamie Dimon will discuss the upcoming SpaceX initial public offering with thousands of the bank's wealthy clients. This nationwide event involves SpaceX leaders and highlights the massive demand for what is expected to be the largest market debut. The company, formally Space Exploration Technologies Corp., targets a…

The Economic Times

Elon Musk backs down from demands for Starlink funding

Elon Musk said Space Exploration Technologies Corp. will continue to fund its Starlink broadband service in Ukraine in an apparent step back from seeking support from the U.S. Defense Department.

Tribune News Service

SpaceX to launch Starlink satellite service in the Philippines

Billionaire Elon Musk's Space Exploration Technologies Corp (SpaceX) will launch its satellite broadband service in the Philippines, a first in Southeast Asia, the trade secretary said on Thursday.

Reuters

Here's Why OneWeb Resorted To Elon Musk's SpaceX For Satellite Launch

OneWeb Ltd looks to use Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s Space Exploration Technologies Corp (SpaceX) to launch satellites. OneWeb would continue deploying the remaining 220 spacecraft out of its initial planned fleet of 648. OneWeb made a move after Russia blocked deployments with French rocket company Arianespace SA, Bloomberg reports. OneWeb also looked…

Benzinga

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