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SHOCKING: 3 | Mind Blowing Facts

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

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

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.

Benzinga

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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.

International Business Times UK

Jim Cramer Compares SpaceX Stock to 100-Year Railroad Bonds: Asks Investors to Think of Their Children and Grandchildren

On Wednesday, Jim Cramer urged investors to look beyond Space Exploration Technologies Corp.’s (NASDAQ:SPCX) post-earnings sell-off, arguing that Elon Musk’s aerospace company should be viewed as a multigenerational investment.

Benzinga

Cathie Wood Buys $17.6 Million of Nvidia Stock as SpaceX's GPU Bet Fuels Optimism, Dumps Palantir Stock as Michael Burry's Short Bet Lingers

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Space Exploration Technologies Corp (NASDAQ:SPCX), NVIDIA Corp (NASDAQ:NVDA), Circle Internet Group, Inc. (NYSE:CRCL), and Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga

Gary Black Says Retail Investors Buying the SpaceX Stock Dip 'Makes No Sense' as Float Set To Double on Thursday

The Future Fund‘s Gary Black questioned retail investors buying the dip in Space Exploration Technologies Corp. (NASDAQ:SPCX) on Wednesday, saying the optimism overlooks a massive post-IPO share unlock that could more than double the stock’s public float.

Benzinga

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SpaceX: Love the Company, But the Stock Is a Harder Call

SpaceX posted strong quarterly revenue growth, but cash burn, a rich valuation, upcoming insider lockup expirations, and S&P 500 exclusion pose risks that could outweigh near-term upside for SPCX stock.

MarketBeat

Piper Sandler Just Cut Its Price Target on SpaceX Stock. Here's Why.

Piper Sandler trimmed its price target on SpaceX stock after the company’s Q2 earnings. Its revised target still signals upside in SPCX shares from current levels.

Barchart

SpaceX's Biggest Victim Yet? Starlink's 55-Year-Old Rival Files for Bankruptcy

SpaceX (NASDAQ:SPCX) has reshaped the satellite and space industry, and its first earnings report since going public highlighted plans to expand that disruption. One early casualty may be Hughes, the satellite internet business owned by EchoStar Corporation (NASDAQ:ECHO), which filed for Chapter 11 bankruptcy ahead of SpaceX’s report.

Benzinga

SpaceX Lockup Expiry Could Send a Gentle Jolt Through QQQ, Nasdaq ETFs

Beginning Thursday, the proportion of SpaceX’s (NASDAQ:SPCX) shares available for public trading is set to rise from less than 5% to more than 12%, with more lockup expirations scheduled for Aug 20 and late September. The expanding free float could gradually increase the rocket company’s weight in float-adjusted indexes such…

Benzinga

Here's Exactly What Elon Musk Said About Nvidia on the SpaceX Earnings Call

SpaceX and AMD are both selling off after the first SPCX earnings report, while Nvidia stock is rising. Here's what traders need to know.

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

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

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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.

Benzinga

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

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

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.

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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.

Barchart

This Analyst Just Cut His Price Target on Dell Stock. Here's Why.

GF Securities has lowered its price target on Dell stock. Here’s why analyst Evan Lee recommends unloading DELL shares at current levels.

Benzinga

SpaceX's Billion-Share Unlock Sounds Scary. Here's Why It May Not Matter.

Space Exploration Technologies Corp. (NASDAQ:SPCX) investors have spent weeks preparing for what appears to be the company’s biggest post-IPO test yet. Following Tuesday’s earnings report, roughly 911 million shares are scheduled to become eligible for sale under the company’s staggered lock-up schedule.

Benzinga

SpaceX's $24.6 Billion Short Bet Sets Up High-Stakes Week for Leveraged ETFs

Leveraged single-stock ETFs tied to Space Exploration Technologies Corp Stock (NASDAQ:SPCX) are heading into what could be their most volatile week since the company’s blockbuster IPO, as Wall Street’s growing bearish bets collide with the aerospace giant’s first quarterly earnings report and a massive insider lockup expiration.

Barchart

SpaceX Stock Faces a Make-or-Break Week as Investors Await Earnings and Lockup Expiration

It's a big week for SpaceX stock, as two major catalysts are set to shake up the market. Here's what to expect.

Benzinga

EXCLUSIVE: SpaceX Earnings Reaction — 52% of Benzinga Viewers Say This Happens

For the first time since going public, space giant SpaceX (NASDAQ:SPCX) will report quarterly financial results Tuesday after the market closes. The highly anticipated event has analysts and investors trying to figure out what happens to the stock during the trading day and after-hours trading session. Here’s what Benzinga viewers…

Benzinga

Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings

Space Exploration Technologies Corp. (NASDAQ:SPCX) is doubling down on its satellite connectivity goals as the Elon Musk-led company is preparing to launch its second-generation Direct-to-Device (D2D) service in the third quarter of 2027, according to filings with the Canadian government on Monday.

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