SpaceX talks rattle AT&T shares
AT&T shares dropped 8% on Friday after a Bloomberg report said SpaceX is negotiating access to at least 80,000 U.S. cell sites, a step that could unde
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SpaceX capex forecast doubles as AI compute comes online
SpaceX told investors its capital spending could nearly double this quarter, with the company guiding for $35 billion to $40 billion as fresh compute
SpaceX posts first public quarterly profit on AI data centre surge
SpaceX reported its first quarterly profit since its June listing, posting net income of $4.4 billion for the three months ended September 30 versus a
SpaceX Q3 revenue surges 161% as AI computing leases drive beat
SpaceX posted third-quarter revenue of $14.6 billion, a 161% increase from the same period a year earlier, comfortably clearing the $12.72 billion con
AST SpaceMobile slides as Starlink secures low-band spectrum
Shares of AST SpaceMobile have given up roughly two-thirds of their value since peaking in late May, and the decline accelerated this week after Space
Jio Platforms targets $3.2 billion in India's largest rupee IPO
Jio Platforms, the telecom giant backed by Meta and Google, will offer 270 million shares at 1,065 to 1,119 rupees each from October 21 to 23, aiming
Musk targets Ambani ahead of Jio Platforms IPO
Elon Musk escalated his public campaign against Mukesh Ambani days before Reliance Industries launches India's largest-ever initial public offering, f
Ark Invest Trims SpaceX Stake After June Listing
Cathie Wood’s Ark Invest sold 54,873 shares of SpaceX from its Next Generation Technology ETF on October 6, the first reduction since the company’s Ju
SpaceX spectrum deal pressures telecom shares
SpaceX agreed Thursday to buy a nationwide spectrum portfolio from Grain Management, a move that sent shares of AT&T, Verizon and T-Mobile lower in af
SpaceX Spectrum Deal Sinks Wireless Stocks
AT&T, T-Mobile and Verizon each lost 11 percent in Friday’s session after SpaceX disclosed it had acquired low-band spectrum from Grain Management, a
SpaceX Fairing Reuse Hits 40 Flights Saving 120 Million
SpaceX has flown a single Falcon 9 fairing half 40 times, a milestone the company announced on September 20 that it says has saved $120 million in man
SpaceX compute deals push ARR toward $100 billion target
SpaceX chief financial officer Bret Johnsen told a technology conference last week that the company has secured a new hosting contract worth more than
SpaceX AI capex hits $15.8 billion in second quarter
Space Exploration Technologies directed $15.8 billion of its $18.4 billion second-quarter capital expenditure toward artificial intelligence, a alloca
Musk Controls 84% of SpaceX Votes With 48% Stake
Elon Musk holds 48.4% of SpaceX but commands 82% to 84% of its voting power, a regulatory filing shows, cementing unilateral control over the $1.79 tr
Musk controls 84% of SpaceX votes with 48% stake
Elon Musk owns 48.4% of SpaceX but wields 82% to 84% of its voting power through a dual-class structure that hands him effective control over every bo
China’s rival matrix closes on Musk’s empire
A constellation of Chinese companies has moved from mimicking Elon Musk’s ventures to pressuring them across electric vehicles, launch services, satel
SpaceX cash burn tops twenty five billion in half year
SpaceX posted ninety two percent revenue growth and nearly tripled adjusted EBITDA in its first quarterly report, but the line item that separates the
SpaceX Revenue Doubles on Compute Pivot While Shares Slide
SpaceX posted $7.8 billion in second-quarter revenue, a 92 percent jump from $4 billion a year earlier, driven by a compute-hosting pivot that the com
SpaceX posts $7.8B revenue but shares slip on lockup overhang
SpaceX's first quarterly report as a public company delivered a 92% revenue jump to $7.8 billion and a $541 million net loss, yet the stock dropped 7%
SpaceX revenue surges 92% but shares drop 7% after hours
SpaceX reported a 92 percent revenue jump in its first quarterly results as a public company, yet shares fell 7.5 percent in after-hours trading as in
SpaceX shares slide 12% below IPO price on AI spend fears
SpaceX shares fell 12% to trade below $110 on Tuesday, slipping under the $135 IPO price set less than two months ago in June. The drop coincided with
SpaceX revenue beats by $1 billion as capex stuns
SpaceX posted $7.8 billion of second-quarter revenue, a 92 percent jump that sailed past the $6.9 billion consensus by nearly $1 billion in its first
SpaceX Earnings Test $24.6 Billion Short Position
SpaceX reports its first quarterly earnings on Monday with $24.6 billion of short interest riding on the result, a nominal bet larger than the peak sh
Tesla's Worst Day Since June Knocks $18 Billion Off Musk's Fortune
Tesla shares plunged 14.1 percent Thursday, the steepest intraday drop since June 5, 2025, slicing $18.6 billion from Elon Musk's net worth in a singl
United’s premiumization pays off as fares climb and stock doubles
United Airlines has spent years convincing passengers that a plane ticket is not a commodity but a quasi-luxury purchase, and the numbers suggest the
SpaceX xAI Merger Bets on Orbital Data Centers
Elon Musk folded his artificial intelligence startup xAI into SpaceX early this year in a deal that valued the combined entity at roughly $1.25 trilli
SpaceX Erases Trillion in Value After Starship Abort
SpaceX shares tumbled as much as 6.9 percent to $122.12 on Friday, leaving the rocket and artificial intelligence company with a market value of $1.61
SpaceX Starship Abort Extends Share Slide
SpaceX aborted the first Starship test flight since its initial public offering on Thursday, sending shares down more than 3 percent in extended tradi