Browsing: SpaceX

Shares in Elon Musk’s SpaceX have plunged as tech and artificial intelligence stocks more broadly plummeted a day after the Democrats swept to victory in the midterms.

SpaceX SpaceX rideshare halt squeezes startups as ISS retirement looms Rideshare bookings stop after late 2028 Startups face limited, unproven alternatives Stock video by Pixabay

Binance founder Changpeng Zhao (CZ) said Saturday that SpaceX will be one of the best stocks to hold for years. Hours earlier, the shares closed at $134.72, just under their $135 June listing price.

Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, has taken investors on a roller-coaster ride since its initial public offering (IPO) in June. The stock immediately shot up to more than $225 after going public at $150. Then a harsh sell-off nearly took the stock below $100 per share. However, it has rebounded more…

Analysts spent last week raising their SpaceX price targets. Investors spent it selling the stock.

Don’t blame Intel’s (INTC) weak guidance, tied to a prolonged memory chip supply shortage, for the fresh rout on tech stocks.

Space Exploration Technologies (NASDAQ: SPCX) entered the stock market with a bang. The Elon Musk-led space and artificial intelligence (AI) company made its debut earlier this year with the largest initial public offering (IPO) in history, and now sports a market cap of $2 trillion. That is the seventh-largest in the world.

I’ll admit it; I was a Space Exploration Technologies (NASDAQ: SPCX) skeptic when it first debuted on the public markets in June. While I wasn’t skeptical of the business, I was skeptical of the $2 trillion valuation it went public at. However, my opinion has shifted a bit, especially after seeing its latest results.

(Bloomberg) — Elon Musk said SpaceX (SPCX) has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial intelligence ambitions.

‘The Big Money Show’ panel discusses SpaceX reporting a 161% revenue increase as Elon Musk addresses a potential Tesla merger.