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The Latest Breaking News from SpaceX

SpaceX Goes Public: SPCX Now Available to Trade Following Historic Nasdaq Debut

LONDON, June 17, 2026 (GLOBE NEWSWIRE) -- EBC Financial Group (EBC) announced the availability of SpaceX (SPCX) across all EBC platforms. The instrument went live at 16:31 (UTC+3) on Friday, 12 June 2026, is in line with the US market open and the same session SpaceX made its debut on…

AAP

Meet Gina Rinehart: Australia’s richest woman who just invested $1.4 billion in Elon Musk’s SpaceX

For decades, the fortune of Australia's wealthiest citizen has been tied to iron ore buried deep beneath the country's red earth. Yet in recent years, Gina Rinehart has gradually expanded her interests far beyond mining, backing sectors she believes will shape the decades ahead. Space exploration now appears to sit…

The Times of India

SpaceX's $60 Billion Cursor Deal Comes With a Twist: It Didn't Spend a Dollar in Cash

Elon Musk's SpaceX acquires AI coding startup Cursor for £44.7 billion in an all-stock deal, riding its post-IPO share surge. This move boosts SpaceX's AI capabilities and market position.

International Business Times UK

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US Stock Market: ETF issuers rush to capitalise on AI-focused ‘MANGOS’ theme after SpaceX IPO

Two asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies including Meta, Nvidia, Google, SpaceX, Anthropic, and OpenAI. This move follows SpaceX's record IPO, fueling investor enthusiasm for AI-linked stocks and creating a potential successor to the Magnificent Seven…

The Economic Times

$6 billion double dhamaka coming: Jio and NSE likely to file for India's biggest IPOs this week

Reliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximately $6 billion. Jio's expected $4 billion offering could become India's largest listing, while NSE's filing aims to revive market sentiment after years of delays.

The Economic Times

Can't Buy SpaceX? Wall Street Says EchoStar Could Be the Backdoor Bet as Analyst Sees $161 Share Price

EchoStar's valuation is soaring with a 37% upside, driven by its strategic SpaceX stake. Learn how this satellite firm offers a unique investment opportunity following SpaceX's record-breaking IPO.

International Business Times UK

Amazon Dethroned: SpaceX Is Worth More Than the Retail Giant Despite Generating Just a Fraction of Its Revenue

Elon Musk's SpaceX has surpassed Amazon in global wealth rankings after a record-breaking IPO and a $60 billion AI acquisition, raising questions about its long-term profitability.

International Business Times UK

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$2.75 trillion mcap SpaceX rockets past Amazon with 66% stock surge in 3 days

SpaceX's market valuation surged past Amazon and briefly exceeded Microsoft's on Tuesday, driven by intense trading in its newly listed option contracts. The company's shares jumped significantly above its IPO price, reflecting investor confidence in its diverse business ventures. This rapid ascent places SpaceX among the world's most valuable companies.

The Economic Times

Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume

Goldman Sachs achieved a record pace in 2026, managing over one trillion dollars in announced mergers and acquisitions. This success follows their role in SpaceX's initial public offering and advising on Dominion Energy's sale. Global M&A volumes have surpassed two point six trillion dollars this year. CEOs are strategically pursuing…

The Economic Times

Gina Rinehart's flagship iron ore mine lays off workers

One of Australia's largest mining operations, owned by billionaire Gina Rinehart, is laying off staff in a bid to extend its mine life by 10 years.

AAP

Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a…

The Economic Times

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi

AAP

SpaceX surges past Amazon, Microsoft: Why are Elon Musk-led company's stocks, valuation rising?

SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets to AI, even though the stock carries a higher valuation than the other trillion-dollar behemoths.

The Economic Times

Rocket Lab vs. Redwire: 1 Stock Has the Stronger Growth Story for the Next Decade

The SpaceX IPO may have opened a new chapter for space investing. Between Rocket Lab and Redwire, one has the more intriguing long-term growth story.

Barchart

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Barchart

Rocket Lab Stock Sinks After SpaceX IPO. If You’re In It for the Long Haul, Buy the Dip.

Rocket Lab's prospects remain solid. The company continues to expand its launch and space systems businesses, while positioning itself as one of the top publicly traded pure-play space companies.

Kiplinger

Dow Notches New High as Tech Stocks Drop: Stock Market Today

JPMorgan and Visa helped the Dow Jones Industrial Average close at its highest level ever.

Barchart

SpaceX IPO Aftermath Hits Virgin Galactic Hard. How to Play SPCE Stock Here.

Virgin Galactic shares dropped more than 30% following the SpaceX IPO, as traders rotated out of hype-driven space names into the newly public leader.

MarketBeat

Gravity Check: Houston, SpaceX Has a Valuation Problem

The recent public debut of the dominant orbital launch provider has engineered localized market euphoria and sparked investor interest in satellite networks.

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Barchart

The Battle of the Musks: Why Cathie Wood Sold Tesla Stock to Buy SpaceX

Cathie Wood just trimmed Tesla and piled into SpaceX after its record-breaking IPO. Let’s see why one of Musk's biggest believers is changing course.

Barchart

Why Cathie Wood Is Selling AMD Stock

Cathie Wood is trimming AMD to fund a bigger bet on SpaceX, even as the chipmaker's AI growth story remains intact.

International Business Times UK

Who Is Michael Truell? The 25-Year-Old Cursor CEO Behind Spacex's $60 Billion Deal Option

Cursor CEO sold his AI coding startup to SpaceX for $60bn. The MIT dropout became Silicon Valley's fastest-rising tech entrepreneur but tech community is divided over this record-breaking acquisition.

Barchart

Dear SpaceX Stock Fans, Mark Your Calendars for June 16

Options on SpaceX will be available starting today.

AAP

Wall Street ends mixed ahead of Federal Reserve meeting

US stocks have closed mostly lower as investors monitored developments ahead of a planned US-Iran peace deal ceremony.

Tom’s Guide

SpaceX just spent $60 billion on Cursor — and it proves AI chatbots aren't the future anymore

SpaceX's $60 billion acquisition of Cursor signals a major shift in AI — from chatbots that answer questions to agents that can actually complete work.

Barchart

The Risk of ‘Unproven Outcomes’ Has This Analyst Betting SpaceX Stock Will Fall 30% from Here

SpaceX may be Wall Street's newest obsession, but one analyst warns that sky-high expectations could be setting investors up for a hard landing.

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