Archer Aviation plans to launch its Midnight air taxi in Abu Dhabi as its first international market, citing strong financial support from the Abu Dhabi Investment Office, a favorable regulatory envir…
OpenAI, Amazon, and SpaceX are all denying rumors that they are building smartphones, but the denials sound misleading as the tech industry increasingly needs to control its own hardware destiny. Appl…
Jeremy Grantham said he would "bet at least 90%" on a sharp reversal in SpaceX's share price, calling parts of the company's pitch "utterly inconceivable." Raymond James analyst Brian Gesuale opened c…
Elon Musk merged xAI with SpaceX to form SpaceXAI, aiming to compete in AI infrastructure by building space-based data centers and AI compute satellites. The company plans to deploy orbital data cente…
SpaceX stock fell nearly 7% on Tuesday, closing below $150 for the first time since its IPO, despite a flood of bullish analyst initiations. Analysts set an average price target of $236.45, but the co…
Sen. Elizabeth Warren is scrutinizing Pentagon AI contracts with Nvidia, Oracle, Google, Microsoft, and AWS, demanding transparency on surveillance and autonomous weapons development. The Pentagon con…
Wall Street analysts issued bullish calls on SpaceX, with an average price target of $236 per share, representing 47% growth from Monday's close. More than a dozen brokers including Morgan Stanley, JP…
Wall Street banks issued bullish research notes on SpaceX's stock, forecasting prices above $200, but shares trade around $152 as investors remain cautious. Analysts highlight SpaceX's dominance in sp…
Bank of America warned that AI investors face a reality check as extreme speculation and high valuations signal a potential market snapback. The S&P 500's nine percent gain this year masks growing gap…
Ondo launched Ondo Perps, a derivatives platform offering up to 20x leverage on equity, index, and commodity perpetual futures with tokenized stocks as collateral. The platform is live for pre-alpha u…
SpaceX joined the Nasdaq 100 as Raymond James analyst Brian Gesuale set an $800 price target, valuing the company at $10.5 trillion based on AI-driven revenue projections. In contrast, famed investor …
SK Hynix's $28 billion American Depositary Receipt offering on Nasdaq was oversubscribed, with underwriters closing order-taking early on July 8. The South Korean memory chip maker's listing taps into…
Morgan Stanley initiated coverage of SpaceX with an Overweight rating and a Street-high $300 price target, implying 87% upside, as the company joins the Nasdaq 100. The bank frames SpaceX as a unique …
SpaceX received more than a dozen positive analyst ratings on Tuesday, with 16 of 17 analysts issuing 'buy' or 'outperform' ratings, as the company joined the Nasdaq 100 index. The Elon Musk-led space…
Wall Street suffered major losses on Tuesday as AI stocks tumbled and oil prices jumped, with the S&P 500 falling 0.6% and the Nasdaq dropping 1.2%. The downturn was sparked by a 6.9% plunge in Samsun…
A draft Treasury Department report warns that an artificial intelligence bubble could jeopardize millions of Americans' retirement savings if the industry suffers a major downturn, as AI companies hav…
Elon Musk has folded xAI into SpaceX, rebranding it as SpaceXAI, consolidating his AI, space, and social media properties under one roof. The move follows SpaceX's record-breaking $1.77 trillion IPO, …
Morgan Stanley, lead underwriter of SpaceX's IPO, values the company's space segment at just $8 per share of its $135 stock price, with 94% of the valuation coming from Starlink, AI synergies, and inf…
SK Hynix, a South Korean memory-chip maker and key Nvidia supplier, is set to begin trading on the Nasdaq this Friday, aiming to raise approximately $28 billion in what could be one of the largest tec…
The Bank of England warned that rapid advances in artificial intelligence are increasing financial stability risks, including a potential stock market bubble and heightened cyber attack threats. The c…