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Spacex Stock

All articles tagged with #spacex stock

finance2 hours ago•2 min saved

SpaceX stock slides to new closing low ahead of Q2 earnings

SpaceX's stock closed at $108.37, a fresh weekly closing low as investors await Q2 results on Aug. 4 and digest an Aug. 6 lockup expiration that could release up to 20% of shares. The week was volatile, with the stock down about 5.8% and roughly 30% below its $150 debut, while capex is projected to rise to $118.4B by 2028 and debt to about $218B; ongoing merger chatter with Tesla and geopolitical/data concerns tied to China add further overhang.

via Yahoo! Finance Canada|

#china-concerns #earnings #finance

technology8 days ago•3 min saved

Google’s SpaceX windfall fuels near $100B unrealized gains, but AI race looms

Alphabet’s early SpaceX stake is now worth about $94.1B, contributing to nearly $100B in unrealized gains as SpaceX’s valuation nears $1.5T after its IPO; Google also backs Anthropic and Databricks. Despite the windfall, earnings questions centered on capex and AI progress, with revenue up ~25% and the stock slipping ~1.2% as executives avoided discussing the investments on the call.

via Business Insider|

#ai-investments #alphabetgoogle #spacex

business22 days ago•16 min saved

SpaceX Slump Triggers Fresh Questions Over Sky-High Valuation

SpaceX shares slipped to about $145 after its Nasdaq-100 debut, down roughly 35% from a mid-June high as investors grapple with a near-$2 trillion valuation and ongoing profitability concerns, despite bullish price targets from banks. The pullback comes as SpaceX’s merger with xAI burns billions and Blue Origin raises funding at a high valuation, all amid broader market headwinds for tech stocks.

via Yahoo Finance|

#blue-origin #business #nasdaq-100