Tag: Space industry
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SpaceX drops more than 3% following $400 billion selloff
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
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SpaceX makes bond sale days after record IPO, discloses over $100 billion cash pile
SpaceX on Monday unveiled a senior unsecured notes offering and said it held about $100.8 billion in cash.
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SpaceX stock drops again after rally following blockbuster IPO
A rally following the company’s record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.
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No one wants AI data centers on Earth. Do they make sense in space?
Elon Musk’s SpaceX is betting big on orbital AI data centers. The public doesn’t want them on Earth, but the economic case for space-based is questionable.
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Jio Platforms eyes low-orbit satellite rollout as Starlink awaits India launch
Jio Platforms, India’s largest telecom operator and digital services company, wants to rollout statelite communication in the country where Starlink still awaits launch.
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Qualcomm CEO Cristiano Amon on the new world of AI agents
CNBC’s Arjun Kharpal sits down with the chip company chief on The Tech Download podcast.
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Musk’s SpaceX stake is worth over $1 trillion. Here are the other billionaire shareholders
SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.
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SpaceX shares hold steady after three-day rally loses steam
Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.
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SpaceX gains 3% after surpassing Amazon in market cap
The space and AI company’s stock has surged since its blockbuster IPO on Friday.
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SpaceX locks in $60 billion Cursor deal to power AI coding push
Elon Musk’s SpaceX said on Tuesday it would acquire Cursor AI parent Anysphere for $60 billion.
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