Elon Musk and SpaceX shrugs off the trading day Wall Street feared most

teslarati.com Aug 7, 2026

Elon Musk and SpaceX shrugs off the trading day Wall Street feared most

Curated by Shubham · TechCapsules · Aug 7, 2026

AI-summarised brief · reviewed before publication

SpaceX shares defied Wall Street expectations during its first major lockup expiration, rising 6.1 percent on Thursday and gaining another 12 percent by Friday. Approximately 911.5 million insider-held shares became eligible for trading, more than doubling the public float. Despite high short interest and recent earnings-driven volatility, the anticipated selling pressure failed to materialize. CEO Elon Musk had previously warned short sellers about the risks of maintaining significant positions. The rally coincided with strong financial results, including $7.8 billion in quarterly revenue and 12 million Starlink subscribers. However, capital expenditures surged to $18 billion, driven largely by AI investments. While this tranche passed without incident, eight additional lockup expirations totaling roughly $800 billion in shares remain scheduled through October. Musk’s personal stake remains locked until next June. Market participants appear confident in absorbing the increased supply, shifting options activity toward bullish strategies and signaling resilience against the anticipated flood of insider selling.

💡 Why It Matters

· The successful absorption of this initial lockup expiration challenges the prevailing narrative that massive insider selling inevitably crashes post-IPO valuations.
· It suggests institutional confidence in SpaceX’s growth trajectory outweighs immediate liquidity concerns, potentially stabilizing investor sentiment ahead of eight larger upcoming share releases.

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Litchfield Hills Research Forecasts Datavault AI Q2 Earnings

Litchfield Hills Research released its Q2 2026 earnings forecast for Datavault AI Inc. (NASDAQ: DVLT) on August 4, projecting a loss of $0.03 per share. The firm maintained a “Strong‑Buy” rating and extended its outlook through FY 2027, forecasting EPS of $0.02 for Q3 2026, $0.04 for Q4 2026, $0.01 for Q1 2027, $0.01 for Q2 2027, $0.04 for Q3 2027, $0.08 for Q4 2027 and a full‑year 2027 EPS of $0.13. Contrasting opinions from other analysts range from “Buy” to “Sell,” leaving a consensus “Moderate Buy” with a $2.50 target price. Datavault AI opened Friday at $0.32, a $270 million market cap, a –0.34 P/E, and a beta of 0.31. Institutional holdings rose, with Bank of New York Mellon increasing its stake by 78.3% to 44,580 shares.

💡 The divergent analyst ratings highlight heightened uncertainty around Datavault AI’s path to profitability, making the upcoming earnings report a litmus test for investor confidence.

appleinsider.com · Aug 7

Apple memory supplier bets on AI boom lasting till 2029 with $38B…

SK Hynix, a major memory chip supplier for Apple, approved a 54 trillion‑won ($38.3 billion) investment to construct two new fabs in South Korea. The Yongin Y2 plant, slated for completion in 2029, will focus on high‑bandwidth memory and next‑generation DRAM, while the Cheongju M17 facility, expected to open in late 2028, will produce NAND chips for enterprise SSDs and AI‑inference storage. Both sites target the AI and data‑center markets rather than Apple’s consumer products. Although the expansion could eventually free capacity for lower‑margin devices, the plants will not be operational until after 2028, leaving current DRAM shortages and soaring prices unresolved. The move also occurs amid an antitrust suit accusing SK Hynix and rivals of coordinating DRAM capacity shifts toward HBM.

💡 By earmarking billions for AI‑focused memory production, SK Hynix is betting that data‑center demand will sustain premium pricing, a strategy that could widen the cost gap between enterprise and consumer devices.

thelincolnianonline.com · Aug 7

Technology Stocks To Keep An Eye On – August 5th

MarketBeat’s stock screener highlighted seven technology companies—NVIDIA, Micron Technology, Advanced Micro Devices, SanDisk, Microsoft, Apple, and Palantir—as the most actively traded shares over the past several days, signaling heightened investor focus. NVIDIA’s portfolio spans gaming GPUs, cloud‑based virtual graphics, automotive infotainment, and its Omniverse metaverse platform. Micron supplies DRAM, NAND and other memory products across compute, mobile, embedded and storage segments under the Micron and Crucial brands. AMD delivers x86 CPUs, GPUs, data‑center chips, and custom system‑on‑chips for gaming and enterprise workloads. SanDisk manufactures flash‑based storage solutions in diverse form factors. The article notes that technology stocks can offer strong growth but remain volatile due to rapid innovation, fierce competition, shifting consumer demand and regulatory scrutiny.

💡 Investor attention on these seven firms reflects a market bet on next‑generation computing power and data storage as the backbone of emerging digital services.

nationthailand.com · Aug 7

World Bank sees Thailand gaining from AI supply chains

The World Bank ranks Thailand fifth among developing economies poised to benefit from artificial intelligence supply chain investments, trailing China, Mexico, Malaysia, and Vietnam. Developing nations already export over half of global AI-associated goods. The Bank’s 2026 report suggests AI offers a rapid path past historical economic constraints, potentially boosting global growth to levels unseen since the 2000s. Job vulnerability from automation is significantly lower in developing economies at 4.5%, compared to 14.2% in high-income countries. Malaysia exemplifies this shift by developing domestic chip design capabilities. While major US tech firms plan $750 billion in 2026 capital expenditure, surpassing the GDP of several Southeast Asian nations, World Bank Chief Economist Indermit Gill urges developing countries to seize the opportunity. He argues they need not build hyperscale infrastructure but can adapt smaller, cheaper tools to local needs to capture economic gains from the technology.

💡 Thailand’s position in the AI supply chain challenges the narrative that developing nations must match Silicon Valley’s massive capital outlays to compete. By leveraging existing manufacturing strengths and adopting scalable, localized tools, emerging economies can bypass traditional development hurdles and secure a disproportionate share of global economic growth.

fool.ca · Aug 7

3 Stocks That Smart Quantum Computing Investors Are Buying

Quantum‑computing stocks are currently undervalued as investor focus remains on artificial‑intelligence equities, creating an opportunity for long‑term buyers. The article highlights three companies poised to benefit from the emerging quantum market. Alphabet (NASDAQ: GOOG, GOOGL) is developing its Willow quantum chip and a proprietary algorithm that outperforms classical methods, aiming to integrate quantum power into Google Cloud and improve margins. IonQ (NYSE: IONQ) pursues trapped‑ion technology, offering higher computational accuracy at the cost of speed, positioning it as a niche player in the quantum arms race. The third firm, not fully detailed in the excerpt, is also presented as a “genius buy” due to AI‑driven demand and substantial capital spending on data‑center infrastructure that could accelerate quantum development. Together, these stocks represent a strategic entry point before broader market hype lifts valuations.

💡 Investors can lock in exposure to a nascent technology before a pricing premium emerges, leveraging current AI‑driven cash flows to fund quantum breakthroughs.

quantumcomputingreport.com · Aug 7

IQM Quantum Computers Reports First Earnings as Public Company: H1 2026 Results,…

IQM Quantum Computers reported its first earnings as a public company, covering the first half of 2026. The European pure-play quantum firm recorded €8.87 million in revenue, a 47% year-over-year increase, driven by standardized system deliveries and project milestones. However, operating losses widened to €60.54 million due to €9.9 million in transaction costs from its SPAC merger, increased R&D spending, and headcount growth. Net loss reached €74.90 million, impacted by non-cash finance costs. Following the July 2026 business combination with Real Asset Acquisition Corp., IQM’s pro-forma cash balance expanded to €309.4 million, providing a runway into mid-2028. The company also extinguished its €5.0 million Kreos Capital debt. Order backlog surged past €102.1 million after securing a landmark €33.0 million contract with CSC for the LUMI AI Factory. IQM has delivered 17 of its 26 sold quantum computers globally, including its first US delivery to Oak Ridge National Laboratory. The firm is investing over €40 million to double its Espoo fabrication capacity.

💡 The €33.0 million CSC contract validates commercial demand for quantum integration within major AI infrastructure, moving beyond theoretical research. Securing a €309.4 million cash runway allows IQM to scale production independently of immediate profitability pressures.