Browsing: SpaceX

Tim Draper is selling his island in Lake Tanganyika for $7.9M or best offer, announcing it himself on X and inviting offers directly by email. The ECB reported this month that EU venture capital funds hold around 150B euros against roughly 930B euros in the United States.

Construction is expected to begin in 2027 with the first launch targeted by 2029.

Louisiana Gov. Jeff Landry said Tuesday that SpaceX will commit $100 billion to develop Starship factories and launch pads in the state’s coastal areas. In doing so, the company seeks to replicate the Starbase facility it has built over the last decade in southern Texas on a larger scale.

DZ Bank initiated coverage of SpaceX with a Sell rating and a $100 price target on August 21, 2026. Against Thursday’s $134 close on a $1.03 trillion company, the target is a rare public bear call on a recently public mega cap, and it deserves a close look from long-term holders.

There’s rarely a dull moment with the SpaceX (NASDAQ:SPCX) share price. Since Elon Musk’s rocket and satellite company came to market in mid-June, it has been as high as $225 and as low as $104.

Last week, Harvard University disclosed a $2.2 billion stake in SpaceX held by Harvard Management Company, which manages the university’s massive endowment. Harvard also disclosed a roughly $350 million stake in Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker. University endowments,traditionally investing in diverse, low-risk assets, are moving closer to Silicon Valley by making…

Elon Musk’s SpaceX attempted to acquire AI coding startup Cognition as it works to catch up to OpenAI, Anthropic, and Google in the AI race, Bloomberg reported Wedesday, citing sources familiar with the matter.

Space Exploration Technologies Corp.(NASDAQ: SPCX) went public on June 12, ultimately selling 638.9 million shares at $135 through its initial public offering (IPO), raising a record-setting $85.7 billion in the process.

Elon Musk’s SpaceX has officially completed its acquisition of Cursor, the AI-powered coding assistant, the company recently confirmed. The deal follows an April agreement that gave SpaceX the option to acquire Cursor for $60 billion, according to reports by several media outlets.

SpaceX’s advancement in artificial intelligence is projected to significantly increase its valuation, potentially reaching tens of trillions by the 2030s. This growth prediction is driven by SpaceX’s strategic focus on AI, with parallels to Google’s restructuring of DeepMind and ByteDance’s AI developments. AI technology is seen as a critical factor in the future value of…