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UNCOVERED: 14 - Caught on Camera

T-Mobile's CEO Just Dismantled SpaceX's Starlink Mobile Ambitions as Musk's Firm Pours Billions Into Buying Spectrum: 'What's Their Differentiation?'

T-Mobile US Inc. (NASDAQ:TMUS) CEO Srini Gopalan dismissed the threat from Elon Musk’s planned Starlink Mobile service as "exaggerated," questioning why consumers would leave established carriers even as SpaceX (NASDAQ:SPCX) promises higher bandwidth, satellite coverage and a terrestrial network aimed at winning customers from T-Mobile, AT&T Inc. (NYSE:T) and Verizon…

Benzinga

Elon Musk's massive Terafab chip-making facility starts to take shape — 100 million square feet of manufacturing space and $16.8B initial capital investment

SpaceX and Tesla officially begin to build the massive Terafab facility that will be three times bigger than Samsung's Pyeongtaek campus.

Tom’s Hardware

SPCX Stock Survives Its First Massive Float Expansion, But Is SpaceX Out of the Woods?

Space Exploration Technologies Corp. (NASDAQ:SPCX) stock defied fears of heavy selling pressure on Thursday, rebounding 6.14% to close at $114.92 even as its first post-IPO lockup expiration significantly expanded the stock’s free float.

Benzinga

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First images show impact of SpaceX rocket crashing into the Moon

IN FULL

The Independent UK

Market Test: Can SpaceX sustain gains after the share unlock?

SpaceX shares rebounded 6% after 900 million shares became eligible to trade following its first post-IPO lockup expiry, but investors remain cautious over future unlocks and potential volatility.

The Economic Times

Gary Black Says SpaceX's Volatility Proves He Was ‘Correctly Cautious’ on SPCX Stock

Investor Gary Black of The Future Fund LLC reiterated his cautious stance on Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) stock, arguing its valuation remains difficult to justify despite enthusiasm from Musk supporters.

Benzinga

US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled…

The Economic Times

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Elon Musk Says SpaceX Will Consume Three Times More Terafab AI Compute Than Tesla

Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft”.

Benzinga

Eric Trump Defends SpaceX After Bloomberg Op-Ed Slams Starlink as 'Overpromising and Underdelivering'— Elon Musk Backs Him Up

On Thursday, Eric Trump pushed back against criticism of Space Exploration Technologies Corp’s (NASDAQ:SPCX) Starlink service, arguing the company’s broader achievements in space exploration far outweigh concerns raised in an Opinion column.

Benzinga

UK observatory nervously watches growing space junk threat

CHILBOLTON — In the sweeping shadow of a satellite dish, staff at the Chilbolton Observatory in southern England track a growing number of objects in Earth's orbit, providing data that underpins Britain's space monitoring efforts.

Bangkok Post

US stocks: Dow, S&P slip as investors eye Mideast talks, earnings

Major stock indexes closed lower on Thursday, pausing after a strong start to the week. Investors digested corporate earnings and looked for progress toward a peace deal between the U.S. and Iran. Oil prices rose, with U.S. crude settling up 2.75% at $77.29 a barrel. Data storage companies Western Digital…

The Economic Times

SpaceX’s rocket trashes the moon

The collision is a reminder that we’re junking everything we touch

Salon

SpaceX Is a ‘Potential Generational Compounder,’ Morgan Stanley Says as $101 Billion Unlock Fails to Trigger Fresh Selloff

SpaceX (NASDAQ:SPCX) rose Thursday on the very day more than 900 million insider-held shares became eligible for sale, a tranche worth around $101 billion at midday prices.

Benzinga

Bitcoin Stays Above $64,000 As A Huge SpaceX Stock Unlock Begins. Markets Watch The Development Closely

Bitcoin traded above $64,000 on Thursday after recovering from an early-week pullback, while investors turned their attention to a $101 billion SpaceX share unlock, declining AI-related stocks and upcoming earnings from SoftBank.

International Business Times

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Fortune

‘Pure insanity’—Elon Musk details SpaceX’s plan to turn the moon into its newest manufacturing site

SpaceX’s SEC filings describe lunar satellite factories, electromagnetic launchers, and robotic mineral mining. The founders building space equipment say the science checks out—even if the timeline doesn’t.

LiveScience

First photos of SpaceX lunar rocket crash show blackened hole torn into the moon's surface

New images from South Korea's Danuri lunar orbiter reveal where a runaway SpaceX rocket part slammed into the moon on Wednesday.

Barchart

Elon Musk Says the Fight to Stop Rockets From Exploding Into Tiny Pieces Is Why SpaceX Will Crush Data Centers Like the Yankees Playing ‘Little League’

Elon Musk says SpaceX’s rocket engineering gives it a major edge in AI data centers, arguing the company solves far harder problems every launch than competitors face building terrestrial infrastructure.

Benzinga

SpaceX, Tesla Confirm Terafab Site as Chip Demand Outruns Global Supply

SpaceX (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) on Thursday confirmed Grimes County, Texas as the permanent home for Terafab, the companies’ giant semiconductor manufacturing venture.

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Space

SpaceX rocket's impact crater on the moon spied by Korean lunar orbiter (photos)

South Korea's Danuri lunar orbiter has spied the crater that a SpaceX rocket blasted out when it slammed into the moon on Wednesday morning (Aug. 5).

The Economic Times

SpaceX advances $1 trillion revenue target to 2030, Musk says

Speaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, adding there was “a non-zero chance” it could happen as early as 2029.

Space

Blue Origin traces origin of huge New Glenn rocket explosion to oxygen valve, CEO says

Blue Origin has made considerable progress in its New Glenn anomaly investigation, tracing the problem to a faulty valve in one of the rocket's first-stage engines.

International Business Times UK

Elon Musk Stock Crash Erases 87 Billion Dollars as SpaceX AI Infrastructure Costs Surge Sixfold

Elon Musk's net worth dropped by an estimated $87 billion in a single day after SpaceX stock plunged on its first post-IPO earnings.

Space

SpaceX’s Falcon 9 wasn't the first rocket to crash into the moon. Here's a rundown

The SpaceX Falcon 9 rocket upper stage that collided with the moon on Wednesday (Aug. 5), was just the latest in a line of energetic lunar touchdowns.

Barchart

Nasdaq Futures Slip as Western Digital and Sandisk Sink on Disappointing Guidance

September Nasdaq 100 E-Mini futures (NQU26) are down -0.42% this morning as concerns about the AI trade linger after forecasts from Western Digital and Sandisk fell short of investors’ lofty expectations.

Fortune

Northwood Space's Bridgit Mendler on the next chapter for space startups

Bridgit Mendler—a Harvard and MIT grad who cofounded Northwood in 2022—draws attention for her childhood as a Disney Channel star. But she’s chasing one of the most granular (and most vital) space economy problems.

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