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REVEALED: 18 | Vintage Vibes

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.

Bangkok Post

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…

The Economic Times

No One Can Stop a SpaceX Rocket Hitting the Moon Today: What Happens at 5,400mph

A SpaceX rocket stage is set to crash into the Moon, creating a new crater and raising concerns about space debris management. NASA plans to observe the impact for scientific insights.

International Business Times UK

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Stock Market Today: S&P 500, Dow Futures Gain After Scott Bessent Signals Strait of Hormuz Deal With Iran in Sight— AMD, SpaceX, SanDisk in Focus (UPDATED)

(Editor’s note: The ETFs data was updated and economic data was added.)

Benzinga

Elon Musk Mocks Bears as SpaceX Stock Jumps 9%, Beats Revenue Estimates: 'I Try to Warn Them'

SpaceX's stock performance is impacted by its latest financial results, short selling dynamics, and Elon Musk's strategic moves, as the company faces a crucial share unlock this Thursday.

International Business Times UK

SpaceX posts smaller-than-expected loss despite scrutiny over AI spending

The rocket and satellite company beat Wall Street's loss forecasts in its first quarterly report as a public company, even as investors question its heavy AI spending and whether Elon Musk has oversold its prospects.

Euronews

SpaceX CEO Elon Musk Thinks People Underestimate Starlink and That Is a 'Big Deal'

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk said Tuesday that people are underestimating Starlink’s long-term potential and believes the satellite internet network could eventually deliver a majority of the world’s internet traffic in less than a decade.

Benzinga

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SpaceX rocket slams into the Moon – what we know

IN FULL

The Independent UK

Cost of filling up a tank of diesel reaches £100, as oil prices rise back above $80 a barrel again – as it happened

UK economy strengthens as service sector returns to growth and car sales jump

The Guardian - UK

Out-of-control SpaceX rocket believed to have smashed into the Moon

Collision hit with the power of three tons of TNT and will leave behind a visible crater on the lunar surface

The Independent UK

Elon Musk Ties Tesla's Optimus to Starlink's Next Growth Phase: 'The Appetite for Bandwidth Will Be Much Greater'

Elon Musk said on Tuesday that artificial intelligence (AI), humanoid robots and autonomous vehicles will dramatically increase demand for network bandwidth, arguing the world will need far more connectivity than ever before.

Benzinga

'Never Bet Against Elon': Peter Diamandis Believes SpaceX Could Reach $10 Trillion

Peter Diamandis says SpaceX could become the world's first $10 trillion company as Starlink, AI, reusable rockets, and vertical integration fuel its long-term growth.

International Business Times UK

Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Elon Musk on Tuesday said that Space Exploration Technologies Corp.’s (NASDAQ:SPCX) in-house forecast for hitting $1 trillion in annual revenue has been pulled forward to 2030 from 2031.

Benzinga

Cathie Wood Cashes in on Palantir's 29% Pop as Ark Sells $6.4 Million Worth of Shares — Doubles Down on Spotify After Its Earnings Miss

On Tuesday, Cathie Wood-led Ark Invest executed notable trades involving Palantir Technologies Inc. (NASDAQ:PLTR) and Spotify Technology S.A. (NYSE:SPOT).

Benzinga

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Benzinga

Elon Musk Says He Tries to 'Warn' Short Sellers, but They Just 'Double Down' as SpaceX Short Interest Climbs to 34%

Space Exploration Technologies Corp. (NASDAQ:SPCX) reported stronger-than-expected first quarterly financial results as a public company, prompting CEO Elon Musk to mock short sellers after bearish bets against the stock climbed to about one-third of its public float ahead of the earnings.

The Economic Times

SpaceX plans to turn Starlink into full-fledged mobile service, targets Verizon, AT&T and T-Mobile

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time.…

The Economic Times

SpaceX rocket piece is set to crash into the moon

A SpaceX rocket stage is set to impact the moon early Wednesday morning. This four-metric-ton object is traveling at high speed toward the lunar surface. Cosmic forces and solar activity have nudged the debris onto this unexpected trajectory. While the impact is unintentional, it highlights concerns about space junk disposal.…

Fortune

Elon Musk delivers ‘totally nuts’ plan for moon robots and $1 trillion revenue target, but capex tanks SpaceX on debut earnings

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

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France 24

School-bus-sized chunk of SpaceX rocket believed to have crashed into the Moon

A school-bus-sized piece of a SpaceX rocket is believed to have smashed into the Moon on Wednesday, an unintentional collision that poses no danger to Earth but will leave behind a lunar crater. The impact is unlikely to be confirmed for several hours.

The Guardian - UK

SpaceX rocket thought to have crashed into the moon in unintentional collision

Four-tonne piece of SpaceX Falcon 9 rocket believed to have hit lunar surface on Wednesday at 5,400mph

Fortune

Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a Little League team’

Musk said the rocket scientists behind SpaceX’s reusable rockets give the company an edge in building AI data centers as rivals race to expand compute capacity.

Space

SpaceX wants to launch next Starship this month (and catch it, too), Elon Musk says in 1st earnings call since historic IPO

SpaceX plans to notch some big milestones on the next test flight of its Starship megarocket, which is tentatively scheduled for late August.

Space

SpaceX launches 3 giant BlueBird direct-to-cell satellites on Falcon 9 rocket (video)

SpaceX launched three of AST SpaceMobile's huge BlueBird direct-to-cell satellites early on Wednesday morning (Aug. 5).

International Business Times

SpaceX Delivered a Strong Earnings Beat After Its Historic IPO. But Questions About Starlink and AI Spending Remain And The Stock Fell.

Adjusted EBITDA reached $3.5 billion, well above the roughly $2.1 billion analysts had projected, with shares rising in after-hours trading following the release.

TechRadar

SpaceX rocket set to crash into the moon at seven times the speed of sound — but the 5,400 mph impact is entirely expected, and might even prove useful for NASA

A dead SpaceX upper stage is set to hit the Moon at 5,400 mph. Nobody planned it; everybody saw it coming, and two orbiters will be watching.

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