INSANE: 18 | Vintage Vibes

SpaceX's Biggest Investors Revealed: 23 Firms Control More Than 80% of Its Reported Shares

Nearly 1,340 investors disclosed positions of fewer than 100,000 shares each, collectively representing less than 1% of reported holdings.

International Business Times · Aug 18

AI gets its own "boiler room" scandal

The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.

Fortune · Aug 18

Elon Musk Responds After Former Ukrainian Defense Minister Credits SpaceX With Saving Thousands of Lives

Elon Musk said he is "trying to do the right thing" after former Ukrainian Defense Minister Mykhailo Fedorov credited Space Exploration Technologies Corp. (NASDAQ:SPCX) with blocking unauthorized Russian use of Starlink in Ukraine, saying the intervention protected the country’s air defenses and saved civilian lives.

Benzinga · Aug 18

Elon Musk Owns Nearly Half of SpaceX — but Controls Over 82% of the Vote. What That Means for SPCX Investors.

Elon Musk’s overwhelming voting control gives him the freedom to pursue SpaceX’s ambitious long-term vision, but it also leaves public shareholders with limited influence over the company’s strategy and leadership.

Barchart · Aug 17

SpaceX Launches 2 Rockets Just 38 Minutes Apart, Setting New Record for Musk’s Launch Machine

Elon Musk’s SpaceX (NASDAQ:SPCX) launched two Falcon 9 rockets just 38.5 minutes apart on Saturday night, a doubleheader Space.com described as a new record for the shortest time between orbital flights.

Benzinga · Aug 17

Cards Against Humanity Unveils 'Sad Little Bitch' Elon Musk Monument Near Texas Starbase

Cards Against Humanity is planning a 'Sad Little Bitch' monument to Elon Musk near SpaceX's Starbase in Texas, turning a $15 million land dispute into a very public insult.

International Business Times UK · Aug 17

Nvidia Joins SpaceX Mega Investor Club: Alphabet's $94 Billion Stake Tops the Rest

Nvidia's investment in SpaceX makes it a major stakeholder, alongside Alphabet's larger share. Explore the strategic partnerships and financial impacts in the AI and space sectors.

International Business Times UK · Aug 17

Elon Musk Faced Sharp MAGA Criticism Over H-1B Visas Before Shifting to Near-Daily Posts on Whiteness and Race

Elon Musk's support for H-1B visas in 2024 led to MAGA backlash, prompting a shift to frequent posts on race and Whiteness, highlighting tensions within the movement.

International Business Times UK · Aug 17

a16z Partner Asks Why California Politicians ‘Want to Push Away Startups,’ Says State Already Lost Tesla and SpaceX HQs ‘Due to Political Shenanigans’

Andreessen Horowitz partner Josh Elman criticized California politicians over policies he says could drive startups and founders out of the state, pointing to Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) previous headquarters moves as California debates a proposed one-time 5% tax on billionaire wealth.

Benzinga · Aug 17

Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: Report

Wall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company forecasts remarkable revenue increases by 2028, which is pivotal for investor confidence. Revenue multiples derived from these forward-looking projections are being employed, with comparable companies such as Palantir and…

The Economic Times · Aug 17