Investors weigh pros and cons of boarding Elon Musk's $2 trillion 'rocket'
SpaceX operates rockets, spaceflight, telecommunications, and AI — but Elon Musk now wants to establish a self-sustaining city on Mars, with at least 1 million inhabitants.
SpaceX operates rockets, spaceflight, telecommunications, and AI — but Elon Musk now wants to establish a self-sustaining city on Mars, with at least 1 million inhabitants.
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SpaceX operates rockets, spaceflight, telecommunications, and AI — but Elon Musk now wants to establish a self-sustaining city on Mars, with at least 1 million inhabitants.
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SpaceX priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies. Grouped from 3 articles across 2 sources.
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn. Grouped from 14 articles across 7 sources.
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.
"There's a ton of short-dated call buying in these names as a way to get long SpaceX," Danny Kirsch, head of options trading at Piper Sandler, said.
Josh Schafer explains what's fueling SpaceX's stock surge and what it could mean for future AI company IPOs.
After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech's megacaps. Grouped from 2 articles across 1 sources.