Musk Predicts $1 Trillion in Annual Revenue for SpaceX; Analysts Disagree
On Sunday night, Elon Musk posted a number to X that made even his admirers pause: $1 trillion. By 2030, he wrote, SpaceX could reach roughly $1 trillion in annual…
Morgan Stanley Says Wall Street Is Missing Meta’s AI Moat
Brian Nowak has covered Meta Platforms since it was still called Facebook. On June 6, the Morgan Stanley analyst went back to his clients with a message he has delivered…
SpaceX’s Rise Rewrites the Alphabet of Big Tech
The ticker tape says it plainly: SpaceX, a company whose shares began trading days ago, now sits among the six most valuable companies in the United States. With a market…
The Launch That Saved SpaceX: From a Week of Cash to a $2 Trillion Listing
In the late summer of 2008, SpaceX had about a week of cash left, and the company’s engineers privately put the odds of the next launch succeeding at roughly 10%.…
History’s Biggest IPO Wave Carries a Familiar Warning
SpaceX’s record listing is done. Two more stand behind it in the queue, and the combined scale has no precedent. OpenAI is aiming at a $1 trillion valuation, and Anthropic…
Musk Points to Tesla’s Next Chip as Robotaxi Questions Mount
The update arrived as a post on X, in the clipped language Mr. Musk uses for engineering status reports. Tesla’s AI6 chip, he said, is moving through engineering review and…
SpaceX Keeps Rising After the Bell as Funds Rush to File
The second trading day ended, and SpaceX kept moving. In after-hours trading, shares changed hands at $166.76, up 23.5% from the $135 offering price, and the machinery of modern markets…
SpaceX Stock Closes Up 19% in Trading Debut, Making Musk the First Trillionaire
The first trades crossed at 9:30 a.m., and by the closing bell the tape told a story four years in the making. SpaceX, the rocket company Elon Musk built from…
Cathie Wood’s ARK Buys $444 Million of SpaceX Stock, Sells AMD Shares
The trade ticket hit the desk before the opening bell: 3.29 million shares of SpaceX, the freshly listed rocket company, for $444 million. The buyer was Cathie Wood’s ARK Investment…
Hedge Funds Shed Big Tech Before SpaceX Debut, JPMorgan Data Show
The selling started on June 5 and did not stop for a week. Across hedge fund books, positions in the biggest American technology stocks came down in size — every…
