Stories tagged “Space X.”
16 stories
The Korea Aerospace Research Institute shared the first photographs captured by its lunar orbiter, showing signs of a recent impact on the moon's surface caused by a SpaceX Falcon 9 rocket stage.
A SpaceX engineer, Andre Lavoie, is set to cash in on his 200,000 shares in the company, worth about $23m. He plans to use the money to fund a hotel renovation and a small brewery.
Bitcoin held above $64,600 after buyers defended a dip earlier in the week, with optimism focused more on the token than on the broader crypto market.
A SpaceX rocket piece weighing four tonnes is expected to hit the moon at high speed early on Wednesday morning, kicking up a plume of lunar dust.
SpaceX Surpasses Expectations: Revenue Surge Due to AI
SpaceX, the aerospace company founded by Elon Musk, has released its first-quarter earnings report since going public in June. The company reported a significant revenue surge, particularly in its business with artificial intelligence. Despite this, SpaceX still incurred …
A US District Judge has denied xAI's request to block a Minnesota ban on apps that allow users to 'nudify' images. The ban, which takes effect on August 1, was signed into law nearly three months ago.
SpaceX said it will remove the unpermitted turbines powering its xAI data centers near Memphis as it transitions to a permanent, 1.2 gigawatt natural gas power plant. The turbines won’t be completely removed until July 2027.
Elon Musk Experiences a Month of Losses in the Stock Market: SpaceX and Tesla Lose Over $1.2 Billion in Market Capitalization
Elon Musk's companies, SpaceX and Tesla, have experienced significant losses in the stock market, with SpaceX losing over $750 billion and Tesla losing over $440 billion in market capitalization. The losses have led to Musk losing his billionaire status.
Elon Musk warns short sellers betting against SpaceX that their survival probability is very low. The company's short position has grown to 32% of its float, with 206 million shares sold short.
SpaceX moved tiny amounts of bitcoin between its own wallets for the first time in about six months, suggesting routine maintenance rather than any sale or shift to exchanges.
US markets turn negative with the Dow Jones hitting record high, while tech stocks like SpaceX show gains.
Q2 2026 saw the most billion-dollar startup exits since 2021. SpaceX's record-breaking IPO and acquisition of Cursor led the trend.
SpaceX's IPO triggered a historic launch of 11 leveraged ETFs, with over $10 billion in trading volume in its first week. These funds offer investors a chance to make outsized bets on the stock.
SpaceX stock popped 19% on its debut and continues to trade higher, but history suggests IPOs often struggle to outperform the market in the long run. The company's high valuation and limited float may work against it.
SpaceX shares have fallen, erasing gains for average investors who bought after the IPO. The stock's price has dropped 20% since its intraday high on Tuesday.
SpaceX stock fell over 3% in premarket trading, ending a three-day winning streak. The decline comes after the company's public debut and a brief surge past Amazon in market value.