SpaceX stock tumbles 23% from its high, as average investors see gains wiped out

Shares of Elon Musk’s SpaceX tech conglomerate plunged 16% Monday to close below their price on June 12, the date of the company’s massive initial public offering. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. It was its third-straight trading day of declines for a company that just … Read more

SpaceX tops Amazon and Microsoft in market value as retail investors race to buy shares

SpaceX shares continued to soar in their third day of trading Tuesday, gaining another 15% as buyer interest in Elon Musk’s largest company showed no sign of slowing down. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Ever since SpaceX shares began trading on the Nasdaq Friday afternoon, … Read more

SpaceX to buy AI coding assistant Cursor for $60 billion

SpaceX, fresh off its blockbuster initial public offering last week, said on Tuesday that it is buying artificial coding assistant Cursor for $60 billion in stock, according to a securities filing.  Elon Musk’s space exploration and satellite company said Cursor, developed by San Francisco startup Anysphere, will become a wholly owned subsidiary when the deal closes in the … Read more

SpaceX makes history in largest ever initial public offering

IE 11 is not supported. For an optimal experience visit our site on another browser. U.S. Men’s National Team makes World Cup debut 02:03 Great Americans: A conversation with Andrés Cantor 03:44 Today Show Icon Gene Shalit Dies at 100 01:47 Tornado outbreak devastates Midwest 02:10 Deadly mass shooting in Texas 01:14 Now Playing SpaceX … Read more

Details on SpaceX debut and DOJ approving Paramount merger with Warner

SpaceX officially went public on Friday, making history as the largest initial public offering of all time and making Elon Musk a trillionaire. Also on Friday, the Justice Department gave the green light for a merger between CBS News’ parent company, Paramount Skydance, and Warner Bros. Discovery. Jo Ling Kent has more. Source link

Elon Musk becomes first trillionaire after SpaceX IPO

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Elon Musk becomes first trillionaire after SpaceX IPO 02:48 UP NEXT Tom Costello sits down with Jared Isaacman and the crew of Artemis III to discuss the next mission 10:43 Artemis III crew to undergo complicated mission featuring … Read more

As SpaceX IPO launches, Texans near its Starbase HQ offer mixed opinions of the rocket company

SpaceX’s headquarters in Starbase, Texas, which sits at the state’s southern tip in the Rio Grande Valley, emerges almost unexpectedly after miles of long, dusty dirt roads. Before SpaceX arrived, the area was known primarily for its coastal wildlife, especially bird watching. Locals say there were a few dozen homes, mostly winter residences for retirees, … Read more

Former SpaceX welder expected to become a millionaire after historic IPO

Before Juan Hernandez became a welder at SpaceX, he had never heard of the company.  “It was just another contract job for me at the time,” he told CBS News correspondent Jo Ling Kent in a broadcast exclusive interview. Now, just over ten years later, that leap of faith could pay off in big ways … Read more