The Latest Breaking News from SpaceX

SpaceX shares fall as post-IPO frenzy loses steam

SpaceX shares saw a sharp decline on Thursday, following a strong initial public offering. This dip comes as investors evaluate the company's ambitious AI expansion plans, including a major acquisition. The post-IPO excitement has cooled, leading to profit-taking. Other US space companies also experienced stock drops. SpaceX is preparing for…

The Economic Times · Jun 19

The Crunch: Climate refugees, visualising Elon Musk’s wealth, and the many ways to analyse the World Cup

Want to get this in your inbox every fortnight? Sign up for The Crunch here.

The Guardian - AU · Jun 19

SpaceX stock price drop: Why is SpaceX share price crashing? Elon Musk-led over $2-trillion company could loss $150 billion

SpaceX share price drop: Shares of ​other U.S. space companies were also down. Rocket ⁠Lab and ‌Planet Labs dropped around 3 per cent, while AST SpaceMobile and Intuitive ​Machines declined ​around 7 per cent and 3 per cent, respectively.

The Economic Times · Jun 19

SpaceX launches new batch of US spy satellites from California (video)

SpaceX launched the latest batch of spy satellites for the U.S. government early Friday morning (June 19).

Space · Jun 18

Space startups seek insurance for orbital AI data centers

Companies are exploring insurance for orbital AI data centers. This is a significant development for a new industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Securing insurance is vital for these ventures to move from concept to reality. Insurers are beginning discussions about coverage for these advanced…

The Economic Times · Jun 18

AST SpaceMobile Shares Rise on Successful Bluebird Satellite Launches. What This Means for ASTS Stock.

AST SpaceMobile's next cadence of satellites is also set to launch soon.

Barchart · Jun 18

3 Space ETFs for a Timely Investment

SpaceX's launch could give a big boost to other firms in the space industry, and some of these ETFs are already capitalizing.

MarketBeat · Jun 18

Michael Burry Skips SpaceX Short Bet Over Expensive Options Pricing

Michael Burry passed on betting against SpaceX stock, citing pricey options. Here is what the "Big Short" investor said about the company's near-$3 trillion valuation.

Barchart · Jun 18

Why Rocket Lab’s Nasdaq-100 Moment Could Change the Story

Rocket Lab is being added to the Nasdaq-100 Index effective June 22, a milestone that triggers mandatory share purchases from passive funds and ETFs tracking the benchmark.

MarketBeat · Jun 18

Wall Street veteran father, orthodontist mother: How Indian-American Aman Sanger's parents shaped his billion-dollar career

Long before Aman Sanger became one of the youngest billionaires in the artificial intelligence industry, the foundations for his success were being laid at home.

The Times of India · Jun 18