Tag: spacex

Elon Musk became the world’s first trillionaire in June when SpaceX surged in the wake of its record-breaking initial public offering, but quickly lost that crown as shares then slumped on concerns about the company’s sky-high valuation. (Bloomberg)
Posted in Business

Elon Musk is a trillionaire again as SpaceX claws back post-IPO slump

Elon Musk is a trillionaire again. Elon Musk became the world’s first trillionaire in June when SpaceX surged in the wake of its record-breaking initial…

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Dhruva, TakeMe2Space, SatLeo, EON technologies launch aboard SpaceX rideshare mission
Posted in Startups

Dhruva, TakeMe2Space, SatLeo, EON technologies launch aboard SpaceX rideshare mission

SpaceX’s Transporter-18 rideshare mission has placed a cluster of Indian space technologies in orbit, transporting thermal imaging, multispectral Earth observation, AI computing and hosted-payload infrastructure…

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TakeMe2Space: ETtech Explainer: All about TakeMe2Space, India’s first orbital computing satellite
Posted in Startups

TakeMe2Space: ETtech Explainer: All about TakeMe2Space, India’s first orbital computing satellite

Indian startup TakeMe2Space is preparing to launch what it calls India’s first orbital computing satellite onboard a SpaceX rocket on October 1, according to news…

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SpaceX President and COO Gwynne Shotwell speaks with Louisiana Gov. Jeff Landry and Secretary of Louisiana Economic Development Susan Bonnett Bourgeois. (AP Photo/Gerald Herbert)
Posted in Business

SpaceX to build $100 billion Starship rocket complex in Louisiana; construction to begin 2027

SpaceX unveiled plans on Tuesday to build its largest rocket launch complex yet in southern Louisiana, a $100 billion effort to transform coastal wetlands into…

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Anthropic could reach a $2 trillion IPO valuation as revenue surges, raising questions about whether the AI company can be worth more than SpaceX. (REUTERS/ Representative)
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Anthropic $2 trillion IPO: Why investors think it could be worth more than SpaceX

Anthropic, the artificial intelligence company behind Claude, could be valued at $2 trillion when it goes public, according to some investors. That would put Anthropic…

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Morgan Stanley sees SpaceX stock hitting $300 as investors overlook its AI potential, Cursor deal, Starlink growth and Starship opportunity. (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

SpaceX stock could hit $300 as Morgan Stanley sees AI growth opportunity

SpaceX started trading publicly on June 12 with an IPO price of $135 per share. The stock opened at $150 and quickly climbed to $225…

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Tiger Global Management cuts stakes in Big Tech, buys into SpaceX
Posted in Startups

Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix, and took positions in Advanced Micro Devices and SpaceX during the second quarter,…

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FILE PHOTO: A live feed shows SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. (REUTERS)
Posted in Business

Investors are having doubts about Elon Musk’s grandiose ambitions

ON AUGUST 5TH SpaceX may have at last achieved Elon Musk’s goal of reaching the Moon—by accident. The upper stage of a Falcon 9 rocket,…

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SpaceX stock faces a key year ahead as revenue, Starlink and AI growth rise. (Photo by Patrick T. Fallon / AFP) (AFP)
Posted in Business

SpaceX revenue jumps 92%: Where will SpaceX stock be in 1 year?

SpaceX has reported a strong second quarter, but investors were not fully convinced by the results. The company, formally known as Space Exploration Technologies, reported…

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SpaceX investors ask about Starship, AI, Starlink and a pink rocket as Elon Musk prepares for the company’s first earnings call as a public company. (Pexel/Representative image) (Pexel)
Posted in Business

Why are SpaceX investors asking Elon Musk to paint Starship pink?

SpaceX is preparing for its first earnings call as a public company, with the call expected to take place on Tuesday, August 4. Investors would…

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