Tag: spacex
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SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler
WASHINGTON, July 17 : U.S. Small Business Administration head Kelly Loeffler multiplied the value of her investment in Elon Musk’s SpaceX after she was nominated for the job, earning millions of dollars from the company’s record initial public offering, a Reuters review of her financial disclosures showed.Loe
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SpaceX falls further in premarket after Starship test flight aborted
SpaceX’s stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
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SpaceX’s Starship rocket aborts before liftoff, Musk says launch probable next week
WASHINGTON, July 16 : SpaceX’s Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday as some of its 33 engines failed to start, with CEO Elon Musk saying it will likely try to launch again early next week.Shares of SpaceX, which went public last month, fe
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SpaceX Starship rocket aborts before liftoff in 13th flight test attempt
WASHINGTON, July 16 : SpaceX’s Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday, postponing the mission by at least 24 hours with the company studying what likely caused the automated scrub.”We did trigger a hold on the booster that aborted our lifto
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Short sellers notch $8.7 billion profit as SpaceX shares dip to IPO price
NEW YORK, July 16 : Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm’s initial public offering last month, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.Short sellers, who borrow shar
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SpaceX shares slide below IPO price for the first time as blistering rally unravels
July 15 : SpaceX shares dropped below their initial public offering price on Wednesday, a first for the company, just over a month after a frenzy over the rockets-to-AI firm powered the biggest IPO ever and made Elon Musk the world’s first trillionaire.Its shares slid 1.9 per cent to $133.5, falling below the
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The SpaceX IPO made history. Is the excitement still there?
A month on from the firm’s stock market debut, the reality of how SpaceX currently makes money has seemed to come into clearer focus.
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SpaceX’s near-term AI payoff seen tethered to Earth, not outer space
July 10 : Elon Musk may have pitched a future where space powers AI, but Wall Street analysts say SpaceX’s near-term value remains firmly tethered to Earth, where it is building out the infrastructure underpinning the AI boom.Infrastructure providers, particularly data centers, are poised to be among the bigg
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SpaceX and AI startup wealth fuels demand for private jets
NEW YORK/MONTREAL, July 9 : Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements.The Cleveland-based attorney attributed the ru
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With SpaceX Starship, Japan’s ispace provides ride-share to the moon
TOKYO, July 8 : Japanese moon transport company ispace said on Wednesday it would start a new, lower-cost lunar cargo business using the Starship heavy rocket and moon lander developed by Elon Musk’s SpaceX.Tokyo-based ispace has bought 500 kg (1,102 lb) of capacity for $50 million on a Starship that would la
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