SpaceX spent $15.83 billion on AI infrastructure in the second quarter, more than double the previous quarter and 86% of companywide capital expenditure, while AI revenue reached $2.56 billion and the…
Hedge fund manager Gavin Baker said on the 'Invest Like The Best' podcast that investors have been too quick to judge Big Tech's AI infrastructure spending, citing improving cash flow, continued deman…
Venture capitalist Chamath Palihapitiya warned investors shorting SpaceX (NASDAQ: SPCX) shares, drawing a parallel to Tesla's early struggles, as short interest reached 219.3 million shares, about 34%…
SpaceX plans to deploy 2 million Nvidia Rubin GPUs, increasing its compute capacity fivefold by the end of 2027, according to a report from The Decoder. The company's AI data center business generated…
SpaceX plans to more than 5x its compute capacity by the end of 2027, relying exclusively on Nvidia's Vera Rubin platform, a move that could require over two million Nvidia Rubin GPUs. The company's A…
SpaceX shares fell nearly 10% to about $113.27 on Wednesday after the company reported a sixfold jump in capital expenditures to $18.4 billion in Q2, mostly for AI infrastructure, stoking fears of an …
SpaceX's biggest AI win is selling compute, not its Grok chatbot, with major deals from Anthropic and Google driving revenue for the newly public company, according to The Stack's Noah Bovenizer.…
Starcloud, a startup founded on January 1, 2024, is building data centers in orbit to address AI's energy bottleneck, leveraging solar power and declining launch costs. The company raised $170 million…
SpaceX shares fell 10 percent after the company reported capital expenditure of almost $16 billion on AI, double the previous quarter, in its debut earnings report. The company posted quarterly revenu…
Elon Musk, CEO of SpaceX and Tesla, during SpaceX's first earnings call on Tuesday, projected the company could reach $1 trillion in revenue by 2030, up from its previous forecast of 2031, and said th…
SpaceX stock declined after the company's first-ever earnings report, which included AI spending forecasts that concerned investors. The drop erased gains from the previous day, as reported by Yahoo F…
SpaceX stock fell 11% to $111 on Wednesday after the company revealed plans for about $65 billion in 2026 capital expenditures, far exceeding analyst estimates of $50 billion, and provided no formal f…
SpaceX reported a smaller-than-expected loss of $541 million, or 9 cents per share, for the second quarter, with revenue surging 90% to $7.8 billion, driven by its Starlink connectivity business, whic…
SpaceX shares fell more than 5% after its first earnings report as a public company showed stronger-than-expected revenue of $7.8 billion but revealed $18.4 billion in capital expenditure, including n…
Europe's IPO pipeline has shrunk from 373 companies at the start of 2025 to 223 by mid-2026, a decline of roughly 40%, according to PitchBook, while US exchanges attract AI and space-related filings. …
SpaceX shares fell 11% in pre-market trading Wednesday as investors weighed heavy capital spending and a major insider-share unlock due Thursday, despite a stronger-than-expected first earnings report…
Advanced Micro Devices (AMD) shares fell 8.6% in premarket trading on Wednesday despite a Q2 earnings beat, as revenue rose to $11.53 billion from $7.68 billion year-over-year and adjusted EPS surged …
SpaceX shares fell 9% in premarket trading Wednesday, sliding below their $135 IPO price, after the company's first public earnings call revealed AI revenue surging to $2.6 billion in Q2 but capital s…
Apple has escalated its legal dispute with OpenAI by requesting a preliminary injunction, a move that could significantly impact OpenAI's operations. The request was discussed by Ed Elson and Alex Hea…
The S&P 500 and Dow Jones returned to record highs on Tuesday, driven by falling oil prices and a strong earnings season, but SpaceX shares fell despite beating revenue expectations in its debut quart…