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HISTORICAL FACTS: 17 - The Untold Story

The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. September E-mini S&P futures (ESU26 ) are up +0.33%, and September E-mini Nasdaq futures...

Barchart

SpaceX's AI Spending Has Rattled Investors. Its Stock Is Sinking.

SpaceX stocks are sinking on Wednesday following its earnings report.

International Business Times

A SpaceX rocket just crashed into the Moon. What do we do now?

Collision highlights the dangers of space debris and life on the Moon – but could also help us protect future astronauts, experts say

The Independent UK

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Strong Earnings Push the S&P 500 to New Record High

The S&P 500 Index ($SPX ) (SPY ) today is up +0.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. September E-mini S&P futures (ESU26 ) are up +0.50%, and September E-mini Nasdaq futures...

Barchart

SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mount

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock saw a significant drop. Despite this, AI revenue surged over threefold, and new cloud agreements were announced. The capital invested in AI is still high,…

The Economic Times

Expert issues warning over SpaceX Moon crash as future of space travel ‘at risk’

A 4,000kg section of a Space X Falcon 9 rocket is believed to have slammed into the Moon

The Independent UK

Why US markets are rising: S&P 500, Dow hit record highs as Mideast hopes offset SpaceX, AMD drag

Major Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These companies' forecasts failed to impress investors, causing their stock prices to fall. The Dow Jones Industrial Average rose 180 points at the open. The S&P 500 and Nasdaq…

The Economic Times

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After SpaceX’s First Earnings Report, This Is My Favorite Space Exploration ETF

The commercial space sector is one of the most volatile themes in the market.

Barchart

Elon Musk Says SpaceX Hits $100B 'If We Basically Did Nothing' — 'Nothing' Never Looked So Hard

Space Exploration Technologies Corp. (NASDAQ:SPCX) set one of the boldest financial targets of the earnings season on Tuesday, with CEO Elon Musk telling investors the company expects to reach a $100 billion annual recurring revenue (ARR) run rate by December. Then he added an even bolder qualifier.

Benzinga

Elon Musk Admits Moon Robot Plans Sound 'Totally Nuts' as SpaceX Shares Tank on Debut Earnings

SpaceX's earnings report reveals strong revenue but heavy AI spending, causing shares to drop. Elon Musk shifts focus to ambitious plans for Moon factories, sparking investor debate.

International Business Times UK

SpaceX aims to use rockets to quickly transport cargo across the Earth and into orbit – moves that would expand the global cargo system

You might think about rockets as powerful vehicles that blast astronaut crews and robotic missions off into space. But what if they could be used to send cargo from one side of the Earth to the other, in a fraction of the time it would take a plane? The company…

The Conversation

SpaceX rocket stage believed to have slammed into Moon, NASA to collect data

The 4-tonne part poses no risk to Earth, but it has revived the debate on space debris ahead of major space exploration missions like Artemis III.

Euronews

Why Did SpaceX Spend $295 Million on Tesla Batteries? The Latest Filing Offers a Clue as Elon Musk's Companies Grow Even More Intertwined

SpaceX (NASDAQ:SPCX) disclosed that it bought $295 million of Tesla Inc. (NASDAQ:TSLA) Megapack batteries during the second quarter, highlighting the circular flow of capital, hardware and equity across two of Elon Musk’s biggest companies.

Benzinga

Why are SpaceX’s shares tanking? What you need to know

IN FULL

The Independent UK

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Benzinga

Former Tesla Board Member Says xAI Can 'Break In With the Big Boys' Anthropic, OpenAI and Google— but There’s a Catch

Former Tesla Inc. (NASDAQ:TSLA) board member Steve Westly said Elon Musk’s xAI could challenge Anthropic, OpenAI and Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, but warned that entering artificial intelligence’s top tier will demand heavy spending and execution.

International Business Times UK

AMD Shares Crash Despite Q2 Beat as AI Spending Soars and Gaming Revenue Slumps

AMD stock fell as its Q2 beat was overshadowed by rising capex, gaming revenue declines, and Elon Musk declaring that SpaceX will fully commit to Nvidia over space data centres plans.

Tom’s Hardware

Elon Musk says SpaceX will exclusively use Nvidia GPUs 'because they are the best' — says optimized Vera Rubin NVL72 will be launched into space next year

Elon Musk's SpaceX and xAI will exclusive use Nvidia AI accelerators for training and inference as companies believe Vera Rubin is the best AI compute architecture available today.

The Economic Times

SpaceX rocket crashes on the Moon — joins a surprising list of objects humans have left on the lunar surface

A SpaceX rocket has crashed on the Moon's surface. This event adds to the growing collection of human-made debris on the lunar landscape. Decades of missions have left behind equipment and discarded rocket stages from various space programs. Recent years have seen an increase in unintended crashes from lunar exploration…

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The Economic Times

4-ton, school-bus-size SpaceX rocket stage crashes into the Moon at 5,400 mph after drifting through space for months. Here’s what scientists hope to learn

A 4-ton SpaceX Falcon 9 rocket stage drifting through space since 2025 was expected to crash into the Moon at 5,400 mph, raising fresh questions about lunar space junk. The school-bus-size rocket stage was expected to slam into the Moon's western limb, potentially kicking up a plume of lunar dust.

The Independent UK

The real reason SpaceX shares are tanking after out-of-control rocket smashes into moon

The first financial report released by Elon Musk’s space and AI firm is having a bigger impact back on Earth

Barchart

S&P Futures Gain on Hopes for U.S.-Iran Deal; SpaceX and AMD Sink After Earnings

September S&P 500 E-Mini futures (ESU26) are up +0.37% this morning, signaling a new record high for the benchmark index as hopes for a U.S.-Iran deal to reopen the Strait of Hormuz continue to buoy sentiment.

The Economic Times

School-bus-size object from SpaceX rocket believed to have crashed into moon's Einstein Crater

A discarded second stage of a SpaceX Falcon 9 rocket was expected to crash into the Moon early Wednesday after drifting in space since a January 2025 lunar mission. The 4-tonne rocket body, travelling at about 8,690 kmph, was projected to strike the Moon's Einstein Crater, though confirmation of the…

International Business Times UK

SpaceX Is 'Exclusive to Nvidia' for All Future AI Systems on Earth and in Space, Musk Says

SpaceX's stock dropped nearly 10% despite a surge in Q2 revenue and AI earnings. Explore the impact of rising AI capital expenditure and the upcoming insider share-lockup expiry on the stock market.

Bangkok Post

Piece of SpaceX rocket believed to have crashed into moon

WASHINGTON - A SpaceX rocket piece floating in space since last year was expected to have smashed into the moon at high speed early Wednesday morning, though the impact was unlikely to be confirmed for at least several hours.

The Economic Times

SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's why

SpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the April–June quarter, driven by robust growth in its Starlink and AI businesses. Despite the strong earnings, the stock fell in after-hours trading as investors reacted to a sharp rise…

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