Tag: spacex
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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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Musk denies WSJ report that SpaceX showed AI handset prototype before IPO
July 1 : Elon Musk on Wednesday denied a Wall Street Journal report that SpaceX showed investors and other stakeholders a prototype of an AI-focused device ahead of its blockbuster IPO.”Utterly false,” Musk said in a post on X, without elaborating.The Journal had reported, citing people familiar with t
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SpaceX, Charter discuss mobile phone partnership in US, Bloomberg News says
June 26 : SpaceX and internet provider Charter Communications have held executive-level talks about partnering on a consumer mobile phone offering in the United States, Bloomberg News reported on Friday, citing sources.• SpaceX already offers direct-to-cell connectivity with T-Mobile in the U.S., providing
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SpaceX set to join Nasdaq 100, paving way for wave of passive buying
June 26 : SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk’s rocket and AI giant.
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SpaceX rises marginally ahead of Russell rebalance
June 26 : Shares of SpaceX rose a marginal 0.15 per cent on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings.Traders exchanged about $19 billion worth
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Russell rebalance could add to SpaceX volatility
June 26 : Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings.After a blockbuster initial public offering this month, SpaceX’s stock has
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Musk’s SpaceX targets US consumers with Starlink mobile service push, FT reports
June 26 : SpaceX has told investors it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported on Friday, in a move that could allow the Elon Musk-led company to compete directly with Verizon, AT&T and T-Mobile. Here are some details:• SpaceX already offers direct
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