The Latest Breaking News from SpaceX

If You Think the SpaceX IPO Was a Disappointment, You’re Ignoring All of the Numbers

SpaceX raised a record $85.7 billion in its IPO and closed its first trading day with a market value above $2.1 trillion. But the results sparked debate about whether they matched the enormous expectations.

Barchart · Jun 16

Larry Ellison, Jack Dorsey and a Saudi Prince: The Surprise Winners of Spacex's IPO

SpaceX's IPO raised $75 billion, valuing the company at $2.2 trillion. It created nine new billionaires and 4,400 employee millionaires, highlighting unexpected stakeholders like Larry Ellison and Prince Alwaleed.

International Business Times UK · Jun 16

SpaceX to acquire AI coding company Cursor for $60 billion

SpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster SpaceX's enterprise AI market presence, following its recent blockbuster IPO. The deal, expected by Q3 2026, could significantly boost xAI's capabilities.

The Economic Times · Jun 16

Elon Musk never stopped believing today's impossibility can become tomorrow's reality: Anand Mahindra

Elon Musk has achieved a historic milestone becoming the world's first trillionaire after SpaceX's successful stock market debut. Mahindra Group Chairman Anand Mahindra lauded Musk's unwavering belief in transforming today's impossibilities into tomorrow's realities. Mahindra recalled supporting Musk during tough times in 2018, emphasizing that innovators are often judged during…

The Economic Times · Jun 16

SpaceX Faces Major Lawsuit as Starship Tests Destroy Homes in Port Isabel and South Padre Island

Homeowners in South Texas are suing SpaceX, alleging that Starship rocket tests caused structural damage to their properties, including cracked walls and shifting foundations, due to sonic booms and vibrations.

International Business Times UK · Jun 16

US Stock Market: SpaceX IPO sparks debate over index inclusion rules and investor risk

SpaceX's market debut sparks debate on how stock indexes should include mega-cap newcomers. Nasdaq added the company, while S&P 500 held back, highlighting differing approaches to growth versus conservatism. This divergence could impact investor returns as more AI giants prepare to list, raising questions about market representation and risk management.

The Economic Times · Jun 16

Home again! SpaceX Dragon cargo capsule splashes down off California coast

A SpaceX Dragon cargo spacecraft returned to Earth today (June 17), ending its monthlong mission to the International Space Station.

Space · Jun 16

U. S Stock Market Prediction for Tuesday: S&P 500, Nasdaq, Dow Jones set for volatile trading? Top factors, stocks to watch out

U.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, and Advanced Micro Devices rose 7 per cent. Nvidia’s climb of 3.5 per cent.

The Economic Times · Jun 16

Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’

Gina Rinehart, a mining mogul, is backing the rocket maker, citing Musk’s record on space travel and government.

Fortune · Jun 15

Dear Rocket Lab Stock Fans, Mark Your Calendars for June 22

RKLB will be added to the Nasdaq-100 next week.

Barchart · Jun 15