Trump's June Trading: 1,000-Plus Stock Moves, a SpaceX Purchase, and Fresh Ethics Scrutiny
Politics

Trump's June Trading: 1,000-Plus Stock Moves, a SpaceX Purchase, and Fresh Ethics Scrutiny

An ethics filing shows the president traded in SpaceX, Palantir, Big Tech and defense names in June. The White House cit...

Sinead Brennan 👁 63 💬 0
Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk
Markets

Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk

Alphabet and Amazon leaned on mark-to-market gains from SpaceX and Anthropic for most of their quarterly profit, exposin...

Yael Ben-David 👁 71 💬 0
Tesla Plans Long-Delayed Roadster Demo With SpaceX Cold Gas Thrusters
Automotive

Tesla Plans Long-Delayed Roadster Demo With SpaceX Cold Gas Thrusters

Tesla is preparing a remote-controlled Roadster demonstration at SpaceX's Texas test site using cold gas thrusters loud ...

Ronan Kavanagh 👁 47 💬 0
SpaceX Faces More Lockup-Driven Volatility as 320 Million Shares Unlock August 20
Markets

SpaceX Faces More Lockup-Driven Volatility as 320 Million Shares Unlock August 20

Analyst Ed Elson expects repeated selling pressure after the record $85.7 billion IPO; the next test is August 20, with ...

Yael Ben-David 👁 51 💬 0
Starlink's One-Year Entry Into Côte d'Ivoire Puts Digital Sovereignty to the Test
Technology

Starlink's One-Year Entry Into Côte d'Ivoire Puts Digital Sovereignty to the Test

SpaceX's Starlink has begun selling satellite broadband in Côte d'Ivoire under a 12-month licence, promising rural conne...

Eitan Shapiro 👁 43 💬 0
Big Tech has a herding problem
Companies

Big Tech has a herding problem

Meta, Tesla and SpaceX are pouring billions into AI data centres with little clarity on returns, following the herd rath...

Declan Byrne 👁 42 💬 0
Morgan Stanley: SpaceX Shares Can Double as AI Bet, Cursor Deal Drives New Thesis
Companies

Morgan Stanley: SpaceX Shares Can Double as AI Bet, Cursor Deal Drives New Thesis

Morgan Stanley sees SpaceX's $60B purchase of AI coding tool Cursor as a re-rating catalyst, with a $300 price target im...

Declan Byrne 👁 43 💬 0
Space Stocks Climb 37% in 2026, but SpaceX’s IPO Reverberates Through the Sector
Markets

Space Stocks Climb 37% in 2026, but SpaceX’s IPO Reverberates Through the Sector

The S&P Kensho Space Index has tripled the wider market's gains this year, fuelled by the satellite boom and reusable ro...

Yael Ben-David 👁 31 💬 0
Tesla and SpaceX to Build World's Largest Chip Plant in Texas with $14.55 Billion Investment
Companies

Tesla and SpaceX to Build World's Largest Chip Plant in Texas with $14.55 Billion Investment

The Terafab facility will produce custom silicon for Optimus robots, robotaxis, and SpaceX’s space data centers, bypassi...

Declan Byrne 👁 52 💬 0
SpaceX Valuation Surge Lifts Elon Musk’s Net Worth Back Above $800 Billion
Companies

SpaceX Valuation Surge Lifts Elon Musk’s Net Worth Back Above $800 Billion

Stronger-than-expected quarterly revenue and bold AI investments propelled the private company’s shares 11.7% higher, pu...

Declan Byrne 👁 29 💬 0
SpaceX Plans On-Site Natural Gas Power Plants for $16.8 Billion Texas Chip Factory
Energy

SpaceX Plans On-Site Natural Gas Power Plants for $16.8 Billion Texas Chip Factory

Elon Musk's SpaceX will build its own gas-fired power plants and battery arrays to supply the massive Terafab semiconduc...

Aoife Keane 👁 31 💬 0
SpaceX Insiders Offload $5 Billion in Shares as Stock Surges Past $1.5 Trillion Valuation
Companies

SpaceX Insiders Offload $5 Billion in Shares as Stock Surges Past $1.5 Trillion Valuation

SpaceX shares jumped 6.1% to $114.92, pushing the aerospace, connectivity, and AI company’s market cap beyond $1.5 trill...

Declan Byrne 👁 148 💬 0
Tesla and SpaceX Announce $16.8B ‘Terafab’ Chip Plant in Texas to Power Musk’s AI Ambitions
Technology

Tesla and SpaceX Announce $16.8B ‘Terafab’ Chip Plant in Texas to Power Musk’s AI Ambitions

The companies are jointly investing $16.8 billion to build a vertically integrated semiconductor factory north of Housto...

Eitan Shapiro 👁 34 💬 0
SpaceX Builds Human Sales Army for Starlink, Defying AI Automation Trend
Companies

SpaceX Builds Human Sales Army for Starlink, Defying AI Automation Trend

Elon Musk says Starlink’s enterprise push requires a large team of people to explain the system and build trust, even as...

Declan Byrne 👁 30 💬 0
SpaceX Falcon 9 Upper Stage Strikes Moon, Creates 18-Metre Crater
Technology

SpaceX Falcon 9 Upper Stage Strikes Moon, Creates 18-Metre Crater

NASA confirms the impact of a four-tonne Falcon 9 second stage on the lunar surface near craters Einstein and Bell, a ra...

Eitan Shapiro 👁 27 💬 0
SpaceX Revenue Nearly Doubles in First Public Quarter as Starlink Funds AI Expansion
Companies

SpaceX Revenue Nearly Doubles in First Public Quarter as Starlink Funds AI Expansion

Starlink satellite internet now generates over half of SpaceX's $7.8 billion quarterly revenue, while massive capex of $...

Declan Byrne 👁 32 💬 0
SpaceX Goes All-In on Nvidia GPUs, Ditching Multi-Supplier Strategy
Companies

SpaceX Goes All-In on Nvidia GPUs, Ditching Multi-Supplier Strategy

Elon Musk commits SpaceX to using only Nvidia GPUs, citing Vera Rubin's architecture, just as the company's first public...

Declan Byrne 👁 51 💬 0
SpaceX's AI Capex Surge Dents Growth Enthusiasm, Stock Slides Despite 92% Revenue Jump
Companies

SpaceX's AI Capex Surge Dents Growth Enthusiasm, Stock Slides Despite 92% Revenue Jump

SpaceX posted a 92% revenue gain in Q2 but a massive $18.4B in capex, mostly on AI, spooked investors and sent shares do...

Declan Byrne 👁 41 💬 0
SpaceX Created a New Class of Ultrawealthy—Here’s What Comes Next
Personal Finance

SpaceX Created a New Class of Ultrawealthy—Here’s What Comes Next

SpaceX’s IPO minted thousands of paper millionaires, but staggered lockups, tax traps and market swings mean the real we...

Shira Katz 👁 37 💬 0
SpaceX Revenue Nearly Doubles on Starlink Surge, AI Investment Passes $15 Billion
Companies

SpaceX Revenue Nearly Doubles on Starlink Surge, AI Investment Passes $15 Billion

In its first quarterly update as a public company, SpaceX posted $7.8 billion in revenue as Starlink hit 12 million user...

Declan Byrne 👁 39 💬 0
SpaceX Earnings Beat Fades as $18.4B Quarterly Investment Triggers Stock Slide
Companies

SpaceX Earnings Beat Fades as $18.4B Quarterly Investment Triggers Stock Slide

SpaceX’s maiden quarterly report showed 92% revenue growth and a narrower loss, but a $18.4 billion quarterly investment...

Declan Byrne 👁 37 💬 0
SpaceX's First Post-IPO Earnings Call Arrives With Shares 50% Off Their Peak
Companies

SpaceX's First Post-IPO Earnings Call Arrives With Shares 50% Off Their Peak

SpaceX reports its first quarter as a public company with the stock at $114.46 — below the IPO price — as a lock-up expi...

Declan Byrne 👁 39 💬 0
Solactive Index Tracks 20 Satellite-Economy Stocks and Prepares for a SpaceX IPO
Markets

Solactive Index Tracks 20 Satellite-Economy Stocks and Prepares for a SpaceX IPO

A Solactive benchmark tracks 20 developed-market companies across the satellite value chain — with an extraordinary rewe...

Yael Ben-David 👁 36 💬 0
SpaceX's AI Spending Spree Drags Its Shares While Nvidia Gains
Companies

SpaceX's AI Spending Spree Drags Its Shares While Nvidia Gains

SpaceX beat Q2 estimates but its $18.4B capex sent shares down 7%; Nvidia rose as Musk made it the exclusive AI chip par...

Declan Byrne 👁 37 💬 0
SpaceX Beats Revenue Estimates and Narrows AI Loss in First Post-IPO Report
Companies

SpaceX Beats Revenue Estimates and Narrows AI Loss in First Post-IPO Report

SpaceX posted $7.8B revenue and a narrower-than-expected $1.26B AI loss, but a looming lock-up expiry and a rich valuati...

Declan Byrne 👁 37 💬 0
SpaceX Loses Over Half Its Value in First Month as a Public Company
Companies

SpaceX Loses Over Half Its Value in First Month as a Public Company

SpaceX shares have fallen more than 50% since its record IPO, wiping out over $500 billion in market value. Investors no...

Declan Byrne 👁 30 💬 0
SpaceX Beats in First Public Earnings, but Record AI Spending Sinks the Stock
Companies

SpaceX Beats in First Public Earnings, but Record AI Spending Sinks the Stock

SpaceX beat expectations in its first quarterly report as a public company, with Starlink driving profits — but $18.4 bi...

Declan Byrne 👁 56 💬 0
SpaceX Revenue Nearly Doubles in First Public Quarter, But Subscriber Revenue Per User Falls
Companies

SpaceX Revenue Nearly Doubles in First Public Quarter, But Subscriber Revenue Per User Falls

SpaceX's debut earnings since its June IPO show revenue nearly doubling to $7.8 billion and operating losses narrowing, ...

Declan Byrne 👁 30 💬 0
S&P 500, Dow hit records as Iran deal hopes send oil below $80
Markets

S&P 500, Dow hit records as Iran deal hopes send oil below $80

The Dow climbed 900 points and the S&P 500 set a fresh high as Treasury Secretary Scott Bessent signaled a possible US-I...

Yael Ben-David 👁 34 💬 0
SpaceX Rocket Stage Expected to Smash Into Moon on Wednesday
News

SpaceX Rocket Stage Expected to Smash Into Moon on Wednesday

A discarded SpaceX rocket stage will strike the Moon on Wednesday, carving a crater too small for Earth telescopes but v...

👁 33 💬 0