Browsing: SpaceX

SpaceX (SPCX) stock came back under pressure on Wednesday, reversing yesterday’s bounce, as a broader market and tech sell-off adds to investor caution ahead of SpaceX’s first earnings report

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Space Exploration Technologies (NASDAQ: SPCX), otherwise known as SpaceX, went public last month in the largest initial public offering (IPO) ever, sliding into the top 10 most valuable companies in the country. It briefly overtook Amazon after crossing $225 per share, up from its $135 IPO price tag, but even as SpaceX falls below that…

Nvidia and a host of tech giants on Monday launched a new artificial intelligence safety initiative focused on open models, as the fallout from a cyberattack committed by rogue OpenAI models continues

The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley

The post-IPO rout for SpaceX (SPCX) is offering up a painful reminder to the average investor on two fronts. 

SpaceX shares fell for a third straight session, wiping out more than $600 billion in market value as investors reacted to the company’s first investment-grade bond sale and growing concerns over the cost of its artificial-intelligence expansion. The stock dropped 16% to $154.60, its lowest close since the first day of trading

Since its record-breaking IPO last month, the stock market has found a new competitor in the aerospace sector: SpaceX (NASDAQ:SPCX). But trillion-dollar valuation aside, how does it actually weigh up against one of the most established heavyweights in the sector?

Two of the most talked-about trillion-dollar stocks have both stumbled lately. Space Exploration Technologies (NASDAQ: SPCX), also known as SpaceX, has slid below its offering price since its splashy debut, and Nvidia (NASDAQ: NVDA) has cooled after a red-hot run

Analyst Adam Jonas reiterated the firm’s ‘Overweight’ rating on the stock, describing SpaceX as ‘uniquely positioned across launch, connectivity, and AI.’