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The Latest Breaking News from SPCX

Elon Musk's SpaceX Won't Turn Profitable Until 2027, Analyst Says: 'Still Not Sure What People See…'

The Future Fund LLC‘s Gary Black renewed his skepticism toward Space Exploration Technologies Corp. (NASDAQ:SPCX) early Wednesday after the stock’s recent pullback and said the company’s valuation and upcoming share unlocks leave little room for upside.

Benzinga

Argus Warns SpaceX Stock Faces Multiyear Market Re-Rating Shock

Argus just initiated coverage of SpaceX stock with a "Hold" rating, warning of years of volatility ahead. Here is what the valuation concern means for you.

Barchart

SpaceX Stock Slumps After IPO Magic. George Noble Says He Saw It Coming.

SpaceX's sharp post-IPO decline has renewed attention to George Noble's warning that the stock was priced far ahead of fundamentals.

Barchart

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One Month in and SpaceX Stock Is Down More Than 35% from Its Post-IPO Peak. How to Play SPCX Here.

After a sky-high debut, SpaceX stock has come back to Earth and is hovering near its IPO price. Should investors buy the dip or stay on the sidelines?

Barchart

3 Space Stocks That Could Outshine SpaceX After Its IPO

SpaceX stock has fallen since its IPO, but Rocket Lab, AST SpaceMobile and Intuitive Machines offer alternative space plays, each with distinct growth catalysts and risks.

MarketBeat

Elon Musk Dubs Him ‘Scam Altman’ Not Sam — Then Altman Clapped Back: ‘Homeboy You’re The One Selling Space Datacenters’

Elon Musk revived his “Scam Altman” jab after Apple’s lawsuit against OpenAI. Altman fired back, questioning SpaceX’s orbital AI plans as investors weigh the company’s ambitious growth strategy.

Barchart

Peter Schiff Says SPCX's Decline Could Spell the End of AI Boom, 'Overpriced' US Stock Market: Ross Gerber Is Not Surprised

Economist Peter Schiff, co-founder of Echelon Wealth Partners, thinks that the decline of Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) could signal the end of the artificial intelligence (AI) boom.

Benzinga

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Cathie Wood Buys $21.3 Million Of SpaceX Stock As It Slides From Record Highs, Keeps Trimming AMD

Cathie Wood’s Ark Invest was active on Monday,, with one of its biggest headline moves centered on SpaceX (NASDAQ:SPCX) as the space company remained in focus after its recent public debut and fresh debate over its valuation. The firm also kept trimming Advanced Micro Devices (NASDAQ:AMD) while reshuffling exposure across…

Benzinga

Meta and xAI Just Strengthened Nvidia's AI Moat, Portfolio Manager Says

As investors debate whether custom AI chips will eventually chip away at Nvidia Corp.’s (NASDAQ:NVDA) dominance, Gabelli Funds portfolio manager John Belton says the latest releases from Meta Platforms Inc. (NASDAQ:META) and Space Exploration Technologies Corp‘s (NASDAQ:SPCX) xAI suggest the chipmaker’s competitive moat remains firmly intact.

Benzinga

Congressman’s First Stock Purchase in Two Years Is SpaceX Shares on IPO Day

SpaceX (NASDAQ:SPCX) went public on June 12 in the largest IPO in stock trading history. The IPO briefly made SpaceX CEO Elon Musk a trillionaire. Several members of congress are betting on the stock to help boost their wealth as well.

Benzinga

Elon Musk's SpaceX Plunges 35% From Its Record High One Month After SPCX's Historic IPO

One month after its historic June 12 IPO, Elon Musk’s Space Exploration Technologies Corp. (NASDAQ:SPCX) is facing a reality check. Shares have plummeted 35.60% from their all-time high of $225.64 to Friday’s close of $145.30, exposing a widening divide between analysts who view the company as a transformative industrial power…

Benzinga

Gary Black Thinks SpaceX Stock Could Soon Trade Below Its IPO Price—Here's Why

Investor Gary Black of The Future Fund LLC said on Monday that Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) shares could drop below the IPO price of $135/share in the coming days.

Benzinga

Grok’s Ongoing Market Share Decline Raises Questions About SpaceX’s AI Strategy Post-IPO

SpaceX is facing questions about its post-IPO AI strategy as Grok’s monthly active users declined in Q2, raising concerns about its ability to compete in the chatbot market.

Barchart

Consumer Tech News (July 6-10): Micron Plans $250B US Expansion, Apple Signs $30B Broadcom Deal & More

Photo via Shutterstock

Benzinga

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Benzinga

Musk’s Net Worth Down $407 Billion From Trillion-Plus High as SpaceX Stock Dives

Elon Musk’s net worth continued its strong downward trend this week as Space Exploration Technologies (NASDAQ:SPCX) stock plunged to a record low and Tesla (NASDAQ:TSLA) wavered.

Barchart

SpaceX Stock’s ‘Genesis Line’ Is Screaming a Warning for Investors

What do recent closes below SpaceX's so-called "genesis line" mean for investors?

Benzinga

Congressman Buys SpaceX Stock After IPO: Trade Could Be Down 23% Already

Another member of the U.S. House Armed Services Committee has disclosed buying shares of SpaceX (NASDAQ:SPCX) after the company’s highly anticipated IPO.

Barchart

SK Hynix Debuts on the Nasdaq Today. Waiting to Buy SKHY Stock May Be the Better Bet.

SK Hynix's Nasdaq debut gives investors direct exposure to the AI memory leader, but IPO history suggests caution. Waiting for post-launch volatility to settle may provide a better buying opportunity.

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Benzinga

Elon Musk Says SpaceX Would Be Worth More Than Earth if It Achieves Its Goals Amid First AI Satellite Reveal

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the commercial space flight giant could potentially become worth more than the entire planet Earth if it can achieve its goals.

Barchart

SpaceX Scored a New Street-High Price Target of $800. What Comes Next for SPCX Stock.

Raymond James says SpaceX stock could hit as much as $800. Here’s what it would take for SPCX shares to hit the firm’s price target.

Benzinga

SpaceX Could Become a 'Landmark Historical' Collapse, Warns Top Investor: 'In The End, The Reality Will Come Out'

Jeremy Grantham, co-founder of the investment behemoth GMO, has cast doubt over the future success of Space Exploration Technologies Corp (NASDAQ:SPCX).

Benzinga

A Tesla-SpaceX Merger Just Got A $1.77 Trillion Catalyst, JPMorgan Says

One of Wall Street’s favorite hypotheticals is the merger between Tesla, Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX). JPMorgan now says the conversation has become a lot more practical.

Benzinga

Gary Black Bearish On SpaceX Stock, Says He Holds No SPCX As He Spotlights Jeremy Grantham's Stark Warning: 'In 50 Years… You Will Be Laughing at It'

Investor Gary Black on Wednesday highlighted veteran investor Jeremy Grantham‘s warning that Elon Musk-led Space Exploration Technologies Corp (NASDAQ:SPCX) is the “craziest IPO in the history of man” after the company officially joined the Nasdaq 100, adding that he holds no position in the stock.

Benzinga

Cathie Wood Scoops Up SpaceX Shares Again as Stock Dips, Ark Keeps Offloading AMD Shares

Cathie Wood’s Ark Invest made major moves in both Space Exploration Technologies Corp. (NASDAQ:SPCX) and Alibaba Group Holding Ltd. (NYSE:BABA) on Wednesday, July 8, as the firm leaned into two high-profile names that were both in the news. SpaceX drew attention after hiking Starlink aviation prices, while Alibaba gained momentum…

Barchart

From Rockets to Red Flags: Here Is How to Play SPCX Stock After AI Safety Controversy

SpaceX has received an "F" rating in the latest AI safety index published by the Future of Life Institute.

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