SpaceX
Facts
- HQ
- United States
- Sectors
- Aerospace, Space Technology, Data Center / Infrastructure
- Founded
- 2002
- Employees
- 10000
- Stage
- Private
Latin Explore Inc. Reports 2026 AGM Results with All Motions Approved and Grants 100,000 Stock Options
Latin Explore Inc. held its 2026 Annual General Meeting on June 24 in Vancouver, approving all shareholder motions including director appointments and its stock option plan. The company also granted 100,000 stock options at $0.14 per share and is focused on advancing copper-gold exploration projects in Peru.
Elon Musk Loses Billionaire Status Two Weeks After SpaceX IPO Due to Stock Price Decline
Elon Musk lost his billionaire status shortly after the IPO of his space company SpaceX due to a significant decline in the stock price. The drop occurred within roughly two weeks of SpaceX's public offering.
China's Space Startup Tectronic Raises $22 Million Amid $91.6 Billion VC Surge in Future Industries
China's push into 'future industries' like spaceflight is driving a surge in venture capital funding, exemplified by Shanghai startup Tectronic Maritime Space Systems seeking $22 million in its first round with ambitious growth plans. This rapid inflow of investment has raised concerns about inflated valuations and the potential formation of a bubble in sectors including space, quantum tech, and nuclear fusion.
Amazon and Other NGSO Operators Form Trade Association Without SpaceX
Amazon and several other non-geostationary satellite operators have formed a trade association to represent their market, excluding SpaceX, which holds the largest NGSO constellation.
OpenAI, Anthropic, and SpaceX IPOs Expected to Generate $3.6 Trillion and Fuel Silicon Valley Startup Boom
OpenAI, Anthropic, and SpaceX IPOs could generate $3.6 trillion, sparking a surge in Silicon Valley startup investments and creating new billionaires among early investors and employees. This influx of wealth is expected to energize the tech ecosystem similarly to the dotcom boom, driving more venture capital and entrepreneurial activity.
Legion Sues US Government Over Commerce Department Order Blocking Access to Anthropic’s Claude Fable 5 AI Model
Legal tech startup Legion is suing the US government over a June 12 directive that forced Anthropic to cut off access to its Claude Fable 5 AI model, which Legion depends on for its software development. The lawsuit claims the directive causes immediate and irreparable harm to Legion's business, especially affecting its remote Canadian employees.
Nasdaq Drops 4.6% Amid Tech Sell-Off and AI Infrastructure Concerns; Qualcomm Acquires Modular for $3.9B, Meta Invests $900M in Cred
The Nasdaq lost 4.6% over the week amid tech stock selling pressured by AI infrastructure costs and Fed concerns, with notable performances by DoorDash, Axon, and GE HealthCare. Key developments include Qualcomm's $3.9B Modular acquisition, Meta's $900M investment in Cred, and Micron's strong earnings beating expectations.
SpaceX, OpenAI, and Anthropic Plan Massive IPOs Valued Near $3 Trillion
SpaceX, OpenAI, and Anthropic are planning some of the largest IPOs ever, with a combined valuation nearing $3 trillion. These moves signal significant upcoming shifts in space exploration and artificial intelligence industries.
SpaceX Shares Fall Back to $160, Erasing 40% Post-IPO Gains
SpaceX shares have returned to their IPO closing price of approximately $160 after previously rising 40% post-IPO.
SpaceX Stock Falls Nearly $1 Trillion After Historic $3 Trillion IPO Surge, Elon Musk Becomes First Trillionaire
After SpaceX’s historic IPO pushed its valuation nearly to $3 trillion and made Elon Musk the first trillionaire, the stock plummeted, losing nearly $1 trillion in market value amid a tech selloff and costly AI investments. Despite this sharp pullback, SpaceX retains a $2 trillion valuation and continues to focus on space and AI advancements.
SpaceX Shares Recover After $1 Trillion Market Rout That Cost Elon Musk $350 Billion
SpaceX shares rebounded after a significant drop that coincided with a global tech stock sell-off, including a 1.5% Nasdaq decline, which caused Elon Musk to lose $350 billion. The company's shares had fallen to as low as $147 during early trading.
Nasdaq 100 Faces $1 Trillion Loss as SpaceX Valuation Slips to $1.95 Trillion Post-IPO
The Nasdaq 100 is set to lose over $1 trillion in market value due to a broad tech selloff, including a significant drop in SpaceX's valuation to about $1.95 trillion following its IPO. Major tech stocks, especially chipmakers and members of the 'Magnificent Seven,' are also experiencing declines amid investor concerns over AI spending.
Relativity Space Partners with NASA for Mars 2028 Mission Amid Reorganization, Plans Terran R Rocket Debut
Relativity Space has partnered with NASA to build a spacecraft carrying atmospheric-science instruments for a Mars 2028 mission, potentially competing with SpaceX’s Mars plans. The company, founded by former Blue Origin and SpaceX engineers, recently restructured with new leadership under CEO Eric Schmidt and aims to debut its heavy-lift Terran R rocket this year.
SpaceX Signs $6.3B Compute Contract with Reflection AI for Nvidia Chips at Colossus 2 Data Center Starting July 2026
SpaceX secured a $6.3 billion computing deal with Reflection AI, granting access to Nvidia GB300 chips at its Colossus 2 data center starting July 2026. This deal adds to more than $80 billion in commitments from external clients, reinforcing SpaceX's Colossus as a major AI infrastructure hub.
Ritu Narayan of Zum Wins EY Entrepreneur Of The Year 2026 Bay Area for Modernizing Student Transportation
Ritu Narayan, founder and CEO of Zum, was named EY Entrepreneur Of The Year 2026 Bay Area winner for her leadership in transforming student transportation with technology and electrification, benefiting over 4,500 schools in 18 states. The award recognizes her innovation and impact in enhancing educational access and equity.
AI Companies Plan IPOs to Raise Billions, Prompting Questions About Capital Flow and AI Bubble Risks
AI companies are preparing to launch IPOs to raise billions of dollars, raising questions about the sources and destinations of this capital amid concerns of an AI bubble.
SpaceX Shares Fall 16%, Wiping $152 Billion From Elon Musk’s Fortune Amid Starship Grounding and $20 Billion Bond Sale
SpaceX shares dropped 16% on June 23, erasing $152 billion from Elon Musk's net worth following a grounded Starship fleet and a $20 billion bond sale, after a recent record rally post-IPO. The stock's decline marked a sharp reversal just 11 days after SpaceX's public debut.
SpaceX Loses $620 Billion in Market Value Days After June 12 $135 IPO Amid $60B Cursor Acquisition and $20B Bond Offering
SpaceX's stock price surged after its June 12 Nasdaq IPO but declined sharply following announcements of a $60 billion acquisition of AI firm Cursor and a $20 billion bond sale. Investors reacted negatively to the rapid combination of a large software acquisition and major debt issuance soon after the IPO.
SpaceX Launches First Investment-Grade Bond Sale to Finance AI Ambitions After $75 Billion IPO
SpaceX is initiating the sale of investment-grade bonds, marking its first bond issuance as part of a larger planned borrowing to support its AI projects following its $75 billion IPO.
U.S. Risks Losing Africa’s Space Industry to China Amid Shift from Aid to Investment
The U.S. risks losing its influence over Africa's emerging space industry to China due to its focus on aid rather than investment, while China has strengthened ties through aggressive trade and investment strategies. The article highlights the need for America to prioritize sectors like space to maintain strategic partnerships in Africa.
Astroscale Doubles Project Income to $71.1M in FY2026, Plans Shift to Commercial Satellite Servicing Missions
Astroscale, a Tokyo-based satellite servicing company, reported nearly doubling its project income to 11.5 billion yen ($71.1 million) in fiscal year 2026, while reducing its operating loss to 10 billion yen. The company plans to shift from tech demonstrations to regular commercial missions, expecting continued revenue growth but steady operating losses in fiscal year 2027.
Washington Technology Releases 2026 Top 100 List Highlighting Amazon and SpaceX Amid Federal Spending Cuts
The 2026 Washington Technology Top 100 rankings reveal shifts in the federal tech contracting landscape influenced by government spending cuts, highlighting newcomers like Amazon and SpaceX. Nick and Ross analyze key trends including consulting firms, small business prospects, and the impact of the Department of Government Efficiency.
Startups Starcloud, Axiom Space, and Lonestar Race to Deploy AI Data Centers in Orbit Ahead of Google and SpaceX
Several startups including Starcloud, Axiom Space, and Lonestar are competing to establish AI data centers in orbit ahead of major companies like Google and SpaceX. This race aims to secure strategic positions in space-based computing infrastructure.
Quantum Space Plans IPO via SPAC Merger with Jim Bridenstine as CEO to Lead Growth
Quantum Space is preparing for an IPO through a merger with Inflection Point Acquisition Corp. VI later this year, with former NASA Administrator Jim Bridenstine named as CEO to leverage his space expertise and Washington contacts. The company focuses on flexible, refuelable Ranger spacecraft for satellite servicing, payload transport, space junk disposal, and national defense.
Prime Medicine (NASDAQ:PRME) Rated Moderate Buy by Analysts with $7.65 Average Price Target Amid Mixed Earnings
Prime Medicine, Inc. (NASDAQ:PRME) holds an average analyst rating of 'Moderate Buy' based on six recent evaluations, with price targets averaging $7.65. Despite some sell ratings and recent earnings missing estimates, the stock shows mixed analyst sentiment and a market cap of $583.4 million.
