How SpaceX’s most-feared trading day turned into a 6% rally “These are not people waiting to get their first dollar back,” a former SpaceX employee told Fortune. “We’ve had chances over the past 10 years.” Fortune · Aug 7
AST SpaceMobile’s Latest BlueBird Launch Raises the Stakes Ahead of Q2 Earnings AST SpaceMobile launched three new BlueBird satellites, doubling download speeds for D2D partners, ahead of its Aug. 10 Q2 earnings call and 2027 deployment goal. MarketBeat · Aug 7
Elon Musk Is Asking Investors to Trust Him Again as SpaceX Focuses on More Than Just Space SpaceX delivered a strong Q2 earnings report, but massive AI spending became the story investors couldn’t ignore. Barchart · Aug 7
Kevin O'Leary Sat Out SpaceX's IPO— Now He's Plotting His Entry as Elon Musk's Empire Takes Shape: 'As the Stock Settles... I'll Be Watching Closely...' Investor and television personality Kevin O’Leary said he may begin buying SpaceX (NASDAQ:SPCX) shares once post-IPO volatility settles, arguing that the bigger long-term opportunity lies in Elon Musk potentially connecting SpaceX with Tesla Inc. (NASDAQ:TSLA), artificial intelligence, robotics and autonomous driving. Benzinga · Aug 7
Elon Musk Wants Starlink To Take On T-Mobile, Verizon, AT&T—Here's Why That's Easier Said Than Done SpaceX (NASDAQ:SPCX) President Gwynne Shotwell said on Tuesday’s earnings call that Starlink Mobile will begin service at the end of 2027, and that she expects to acquire “quite a few” customers from AT&T Inc. (NYSE:T), Verizon Communications (NYSE:VZ) and T-Mobile US (NASDAQ:TMUS). Benzinga · Aug 7
T-Mobile's CEO Just Dismantled SpaceX's Starlink Mobile Ambitions as Musk's Firm Pours Billions Into Buying Spectrum: 'What's Their Differentiation?' T-Mobile US Inc. (NASDAQ:TMUS) CEO Srini Gopalan dismissed the threat from Elon Musk’s planned Starlink Mobile service as "exaggerated," questioning why consumers would leave established carriers even as SpaceX (NASDAQ:SPCX) promises higher bandwidth, satellite coverage and a terrestrial network aimed at winning customers from T-Mobile, AT&T Inc. (NYSE:T) and Verizon… Benzinga · Aug 7
Elon Musk's massive Terafab chip-making facility starts to take shape — 100 million square feet of manufacturing space and $16.8B initial capital investment SpaceX and Tesla officially begin to build the massive Terafab facility that will be three times bigger than Samsung's Pyeongtaek campus. Tom’s Hardware · Aug 7
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 · Aug 7
Market Test: Can SpaceX sustain gains after the share unlock? SpaceX shares rebounded 6% after 900 million shares became eligible to trade following its first post-IPO lockup expiry, but investors remain cautious over future unlocks and potential volatility. The Economic Times · Aug 7
Gary Black Says SpaceX's Volatility Proves He Was ‘Correctly Cautious’ on SPCX Stock Investor Gary Black of The Future Fund LLC reiterated his cautious stance on Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) stock, arguing its valuation remains difficult to justify despite enthusiasm from Musk supporters. Benzinga · Aug 7
US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled… The Economic Times · Aug 7
Elon Musk Says SpaceX Will Consume Three Times More Terafab AI Compute Than Tesla Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft”. Benzinga · Aug 7
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 · Aug 7
Bangkok Post · Aug 7 UK observatory nervously watches growing space junk threat CHILBOLTON — In the sweeping shadow of a satellite dish, staff at the Chilbolton Observatory in southern England track a growing number of objects in Earth's orbit, providing data that underpins Britain's space monitoring efforts.
The Economic Times · Aug 6 US stocks: Dow, S&P slip as investors eye Mideast talks, earnings Major stock indexes closed lower on Thursday, pausing after a strong start to the week. Investors digested corporate earnings and looked for progress toward a peace deal between the U.S. and Iran. Oil prices rose, with U.S. crude settling up 2.75% at $77.29 a barrel. Data storage companies Western Digital…
Salon · Aug 6 SpaceX’s rocket trashes the moon The collision is a reminder that we’re junking everything we touch
Benzinga · Aug 6 SpaceX Is a ‘Potential Generational Compounder,’ Morgan Stanley Says as $101 Billion Unlock Fails to Trigger Fresh Selloff SpaceX (NASDAQ:SPCX) rose Thursday on the very day more than 900 million insider-held shares became eligible for sale, a tranche worth around $101 billion at midday prices.
International Business Times · Aug 6 Bitcoin Stays Above $64,000 As A Huge SpaceX Stock Unlock Begins. Markets Watch The Development Closely Bitcoin traded above $64,000 on Thursday after recovering from an early-week pullback, while investors turned their attention to a $101 billion SpaceX share unlock, declining AI-related stocks and upcoming earnings from SoftBank.
Fortune · Aug 6 ‘Pure insanity’—Elon Musk details SpaceX’s plan to turn the moon into its newest manufacturing site SpaceX’s SEC filings describe lunar satellite factories, electromagnetic launchers, and robotic mineral mining. The founders building space equipment say the science checks out—even if the timeline doesn’t.
LiveScience · Aug 6 First photos of SpaceX lunar rocket crash show blackened hole torn into the moon's surface New images from South Korea's Danuri lunar orbiter reveal where a runaway SpaceX rocket part slammed into the moon on Wednesday.
Barchart · Aug 6 Elon Musk Says the Fight to Stop Rockets From Exploding Into Tiny Pieces Is Why SpaceX Will Crush Data Centers Like the Yankees Playing ‘Little League’ Elon Musk says SpaceX’s rocket engineering gives it a major edge in AI data centers, arguing the company solves far harder problems every launch than competitors face building terrestrial infrastructure.
Benzinga · Aug 6 SpaceX, Tesla Confirm Terafab Site as Chip Demand Outruns Global Supply SpaceX (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) on Thursday confirmed Grimes County, Texas as the permanent home for Terafab, the companies’ giant semiconductor manufacturing venture.
Space · Aug 6 SpaceX rocket's impact crater on the moon spied by Korean lunar orbiter (photos) South Korea's Danuri lunar orbiter has spied the crater that a SpaceX rocket blasted out when it slammed into the moon on Wednesday morning (Aug. 5).
The Economic Times · Aug 6 SpaceX advances $1 trillion revenue target to 2030, Musk says Speaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, adding there was “a non-zero chance” it could happen as early as 2029.