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The Latest Breaking News from SpaceX

SpaceX's Active Docking On Nasdaq 100 May Spur $4.3 Billion Passive Bounty

Stocks included in the Nasdaq 100 index get a boost, as exchange-traded funds buy shares of the newly included firms as they seek to replicate the index's performance. J.P. Morgan has reportedly estimated that the entry of SpaceX in the Nasdaq 100 may likely infuse $4.3 billion in passive inflows.

International Business Times

Big Short legend Steve Eisman says everyone is buying the wrong AI stocks

Eisman famously called the housing bubble. Now he sees investors miscalculating the AI trade.

Fortune

ETMarkets Smart Talk | AI and semiconductors remain the best global investment themes today: Niteen Dongare

As Indian investors increasingly diversify globally, AI and semiconductors remain the most compelling long-term investment themes, according to Niteen Dongare of Anand Rathi International Ventures. He recommends allocating 20-30% of portfolios to global markets through ETFs, direct stocks and GIFT City funds to enhance diversification and returns.

The Economic Times

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AI rout exposes Wall Street's $270 billion speculation machine

A recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged products tied to AI chips and SpaceX, alongside financial engineering in crypto, led to rapid gains and equally swift losses. These products, designed for faster, more concentrated bets, are increasingly shaping market…

The Economic Times

SpaceX set to join Nasdaq 100, paving way for wave of passive buying

SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nasdaq's relaxed entry criteria, making it easier for companies like SpaceX, despite recent losses, to enter major indices. While some see it as a positive sign…

The Economic Times

RKLB Stock Alert: Rocket Lab Reaches New Milestone With 10th Consecutive Successful Launch

Rocket Lab stock rallied today on news of its 10th consecutive successful Electron rocket launch. But is there any further upside left in RKLB shares? Let’s find out.

Barchart

SpaceX's next Starship breathes fire for 1st time in prelaunch test (video)

About a month has passed since the first launch of SpaceX's "Version 3" Starship rocket, and the spaceflight company has already begun testing on its next such vehicle.

Space

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Richer Than 3.8 Billion People Combined: The Terrifying Reality of Elon Musk's Brief Run as a Trillionaire

Elon Musk made history as the world's first trillionaire following the SpaceX IPO, but market volatility quickly brought him back to Earth. Here is what the numbers really mean for wealth inequality.

International Business Times UK

AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with 'blow-off phase' before bubble pops

"This volatility is, in our view, evidence of excessive froth and calls into the question the sustainability of this rally."

Fortune

AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?

ASTS has fallen more than 45% from its May 28 all-time high despite successfully deploying BlueBird satellites 8, 9, and 10, as insider selling, analyst downgrades, and capital concerns weigh on shares.

MarketBeat

SpaceX plans eight-mile ‘Starpipe’ to fuel Mars-bound Starship

Pipeline will allow for a much faster rocket launch cadence

The Independent UK

OpenAI to delay IPO after Sam Altman spooked by SpaceX tumble, report says

ChatGPT creator had been hoping for a $1 trillion valuation for its IPO

The Independent UK

Missed the SpaceX IPO? How to invest in Elon Musk’s rockets company

The SPCX share price rose fast last week - but has since returned to earth with other tech stocks

The Independent UK

Michael Burry Says He Is Tempted to Bet Against SpaceX, Rejects $2T Valuation Outright

Michael Burry explores bets against SpaceX, arguing it is a small space company with a big valuation, as its stock has crashed drastically since its IPO this month.

International Business Times UK

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The Guardian - US

As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’

Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wages

The Economic Times

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

SpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T. The Elon Musk-led company, which already offers supplemental coverage with T-Mobile, is considering building its own terrestrial network. This move follows SpaceX's acquisition of significant wireless spectrum licenses, positioning Starlink for…

The Economic Times

US Stock Market: Russell index revamp set to trigger massive trading as SpaceX joins benchmark

A massive $150 billion trading surge is expected Friday as FTSE Russell's indexes undergo their annual overhaul, now happening twice a year. This year sees SpaceX fast-tracked into the Russell 1000, while tech giants like Microsoft and Apple see shifts. AI's influence is clear, with semiconductor firms gaining prominence. This…

TechRadar

‘Never let the builder be its own reviewer’: The next challenge is trust, not speed of code generation

AI coding platforms are becoming crucial infrastructure, but governance, verification and trust are now major challenges.

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Barchart

Why 1 Analyst Thinks SpaceX Stock Can Gain More Than 60% Following Its Historic IPO

A new price target on SPCX stock suggests this company could have at least 60% upside from here?

International Business Times

Wall Street Braces for Trading Frenzy as SpaceX Joins Russell 1000 in Historic Index Shakeup

Wall Street is preparing for one of the busiest trading sessions of the year as FTSE Russell completes its annual reconstitution of the Russell U.S. indexes.

Space

A SpaceX rocket will slam into the moon this August. Will we be able to see it?

A spent SpaceX Falcon 9 upper stage is set to impact the moon this August, but experts aren't sure if the crash will be visible from Earth.

Fortune

Softbank CEO dismisses Elon Musk’s extraterrestrial data center idea in favor of maximizing Earth-side construction now: ‘He who strikes first wins’

Son’s Softbank committed $19 billion last year to the Stargate project that aims to build AI infrastructure in the U.S.

Barchart

SpaceX’s Move Into Neocloud Operations Is Raising Expectations for Its Valuation and Partners Like Nvidia and Intel.

SpaceX's expansion into neocloud compute operations alongside its Starlink satellite internet and rocket business pushes its market value above $2 trillion shortly after its record IPO.

Texas Observer

Worker’s Death at SpaceX Factory Followed Hundreds of Injuries in Recent Years

A 25-year-old died last month of “blunt force trauma due to a fall.” An Observer analysis found that the injury rate at "Starbase" was well above an industry national average.

Space

Another 'Star' is born: SpaceX names AI megaconstellation 'Starmind'

SpaceX will call its planned AI megaconstellation "Starmind," continuing the company's stellar naming theme.

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