StarLink

Elon Musk has become the world's first trillionaire with the successful initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX). The company's public debut has now raised questions about whether we will see an IPO for Starlink, a subsidiary of SpaceX. Here's What...

SpaceX has done something no company in history has done: put a number on the largest addressable market ever claimed in an S-1 filing. The number is $28.5 trillion — roughly equivalent to the entire annual GDP of the U.S., and SpaceX says it is going after all of it. • TSLA stock is down...

SpaceX executives have told investors the company aims to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, moving ahead of the "as early as 2028" deployment timeline disclosed in its IPO filing, according to two people who attended pre-IPO...

Jim Cramer thinks investors may be creating their own problem. In a post on X on Thursday, the CNBC host argued that excitement surrounding Elon Musk‘s SpaceX and growing speculation about its eventual inclusion in the S&P 500 could be fueling an unusual rotation out of some of the market...

SpaceX CEO Elon Musk on Thursday outlined that the company’s Starlink satellite internet service’s low-Earth-orbit constellation had over 10,000 satellites. 10,000 Satellites In Orbit Quoting a post by SpaceX on the social media platform X, Musk hailed the Falcon 9 rocket putting...

NYU Stern Professor Aswath Damodaran, who is also known as the “Dean of Valuation,” says that he will avoid participating in the upcoming SpaceX IPO, citing several issues with the commercial space flight giant. Narrative-Driven Value In a thread on the social media platform X on...

Nvidia Corp. (NASDAQ:NVDA) has become the poster child of the AI boom, but one lesser-known chipmaker with ties to Elon Musk‘s Starlink network has been leaving the AI king in the dust this year. Shares of STMicroelectronics N.V. (NYSE:STM) have surged roughly 190% year-to-date, compared with...

Elon Musk-led commercial space flight company SpaceX is reportedly targeting raising $75 billion via its IPO, which is scheduled to take place in the coming weeks. SpaceX To Sell 555.6 Million Shares The company is targeting the sale of 555.6 million shares for $135 per share, a source familiar...

Buried in SpaceX’s amended IPO filing was a major increase in the company’s revolving credit facility. The Elon Musk-led company expanded the facility from $1.5 billion to $5 billion. That’s a 233% jump that significantly boosts the company’s financial flexibility as it...

Elon Musk-led SpaceX has reportedly pushed for the Federal Communications Commission (FCC) to require U.S. wireless providers to unlock most phones 180 days after they're activated. SpaceX Backs Calls For Phone Unlocking A change that could make it easier for customers to switch networks or add...

Just 12 days after SpaceX filed its S-1 registration statement with the U.S. Securities and Exchange Commission, another private-market giant has taken its first formal step toward the public markets. Anthropic announced Monday that it has confidentially submitted a draft registration statement on...

Berkshire Hathaway's (NYSE:BRK)(NYSE:BRK) successor to legendary investor Warren Buffett revealed three new stock picks made in the first quarter. One of those choices — the first made by Greg Abel as CEO — was an airline company battling with Elon Musk, the world's richest man. • ...

SpaceX, founded by billionaire Elon Musk, has reportedly adjusted its IPO valuation target to at least $1.8 trillion, from a previously estimated $2 trillion valuation. The firm is lowering its valuation based on consultations with advisors, investors and feedback from other stakeholders, as per a...

ARK Invest founder Cathie Wood cheered Elon Musk's announcement that Starlink will be installed on more than 500 American Airlines Group Inc. (NASDAQ:AAL) narrowbody jets starting in 2027, linking the deal to her own large stash of AAdvantage miles and SpaceX's broader ambitions. Wood Sees Miles...

American Airlines Group, Inc. (NASDAQ:AAL) may have just announced faster in-flight Wi-Fi, but Ark Invest founder Cathie Wood already has her sights set much farther away. The chain reaction started after American Airlines posted on X that SpaceX's Starlink internet service would begin rolling out...