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The Latest Breaking News from SpaceX

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

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

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

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NASA announces its Artemis III crew, which will test important equipment and systems in Earth orbit and is testing public opinion

Over the span of a few short months in 2026, NASA’s Artemis III mission lost its original purpose, but gained a crew and some controversy over its composition.

The Conversation

Trillionaire Elon Musk Makes $6.4 Billion Every Time SpaceX Stock Rises by $1

Elon Musk's net worth surpassed $1 trillion as the SpaceX stock gained 27% since debuting last week, with the trillionaire forecasting $1 trillion in revenue by 2031.

International Business Times UK

$15 billion game-changer: Reliance Jio readies for a big bang in space

Reliance Jio is reportedly planning a massive 1,600-satellite low Earth orbit constellation, aiming for direct-to-device connectivity and extending its telecom dominance into space. This ambitious project, potentially costing $10-15 billion, seeks to bolster India's digital sovereignty and reduce reliance on foreign infrastructure, positioning Jio as a major global player.

The Economic Times

Gina Rinehart says Australia should give Elon Musk islands to launch satellites into space

Billionaire also tells summit land could be given to skilled Israelis to build ‘advanced war drones’, according to Hancock Prospecting notes

The Guardian - AU

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The future of AI may be small, cheap and unprofitable: Joachim Klement

A groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust systems found in data centers. This pivotal change may drive down costs and profit margins for industry leaders such as Anthropic and OpenAI. Nvidia’s cutting-edge desktop AI technology serves…

The Economic Times

SPACs stage comeback as mega IPOs crowd market

Special-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. This renewed relevance comes as a more mature SPAC market emerges, offering a quicker path to public markets with greater certainty on valuation and timing, especially for companies seeking to avoid…

The Economic Times

ASTS Stock Pops as AST SpaceMobile Launches Bluebird Satellites

AST SpaceMobile stock rallied today on the successful launch of BlueBird 8,9, and 10 satellites. But does that warrant buying ASTS shares today?

Barchart

The Biggest IPO in History Just Put Space Stocks on the Map. Here Are the Ones Built to Win.

SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.

Barchart

SpaceX Stock Is Already Priced for Perfection. If You Buy Now, It Could Take 15 Years to Pay Off.

SpaceX's $2 trillion valuation prices in a flawless 15-year growth scenario, leaving no room for further stock upside as the current price already reflects a future $1.5 trillion space market.

Barchart

Dow Falls 507 Points as Fed Chair Warsh Speaks of Price Stability: Stock Market Today

Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.

Kiplinger

PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

Fortune

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The Times of India

Who is Aman Sanger? Indian-American MIT graduate whose AI startup could boost his net worth to $2.6 billion after Cursor's $60 billion SpaceX deal

At just 25, Aman Sanger has gone from an MIT student and squash enthusiast to one of the youngest billionaires in the AI industry, thanks to the meteoric rise of AI coding startup Cursor and its $60 billion acquisition by SpaceX.

International Business Times UK

Elon Musk's Insane 1 Billion-Share SpaceX Bonus Revealed After Smashed Warren Buffett's Records

Elon Musk's latest SpaceX-driven surge has widened the gulf between him and Warren Buffett, with Forbes tracking a huge one-day jump in paper wealth.

MarketBeat

After SpaceX, Amazon Could Be The Next Best Space Stock

With the SpaceX IPO driving hype for all things space, Amazon's Project Leo offers credible exposure to the same theme at a fraction of the valuation.

International Business Times UK

Elon Musk Just Made $33.6 Billion In A Single Day, The Internet Can't Believe It

A market rally driven by US-Iran deal optimism added £247 billion to the wealth of the world's richest, with Elon Musk gaining £121 billion, largely due to SpaceX's performance.

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Barchart

SpaceX Just Had the Biggest IPO Ever. Here’s How to Get Paid From the Frenzy.

High volatility creates opportunities for options sellers. Here’s how one space ETF may fit a cash-secured put strategy.

Reason

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Plus: MAID contagion, nationalization of AI, Genesis verses for the Giants, and more...

International Business Times UK

Elon Musk's SpaceX Is Buying Cursor For 60 Billion Making Four Young Friends Billionaires

SpaceX acquires AI startup Cursor for $60 billion, enhancing its position in enterprise AI. The deal highlights Musk's vision for software's role in SpaceX's future.

The Economic Times

AI will lead to labour shortages, Jeff Bezos says in optimistic talk

Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new ‌AI startup Prometheus, ⁠which ⁠is aimed at speeding up physical manufacturing. Bezos, the world's fourth-richest person with a net ⁠worth around $250 billion, argued that people…

Barchart

Dan Ives Predicts a Tesla-SpaceX Megamerger. Here’s What Investors Need to Know.

A merger of Elon Musk's companies would be valued at $3.6 trillion.

MarketBeat

Could a Tesla-SpaceX Merger Be Closer Than Investors Think?

With SpaceX now public and Dan Ives putting merger odds at 80%, Tesla's biggest catalyst may have nothing to do with robotaxis at all.

Fortune

Michael Burry is ‘tempted’ to face Elon Musk’s wrath, but says SpaceX put options aren’t enticing enough for ‘fundamentally a small space company’

“I am not involved with SpaceX now. Neither short nor, ahem, long,” wrote Burry.

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