Tesla and SpaceX’s biggest bull just placed a massive $1B bet on the stock
teslarati.com

Tesla and SpaceX’s biggest bull just placed a massive $1B bet on the stock

Renowned investor Ron Baron has demonstrated his unwavering faith in Elon Musk's ventures by purchasing an additional $1 billion in SpaceX shares. This move pushes Baron Capital's total holdings in the company to a staggering $25 billion in market value. Baron's relationship with SpaceX dates back to 2017, and his early stakes have generated over $13 billion in unrealized gains. He envisions the company as a cornerstone of humanity's multi-planetary future, potentially reaching valuations of $10-30 trillion
SpaceX soars with its first launch as a public company, marking a new era
teslarati.com

SpaceX soars with its first launch as a public company, marking a new era

SpaceX successfully executed its first Falcon 9 launch as a public company on June 15, 2026, deploying 24 Starlink V2 Mini Optimized satellites into low-Earth orbit. The mission marked a routine yet symbolically powerful moment for the company, which has revolutionized access to space with over 650 Falcon 9 flights and a massive Starlink constellation serving millions globally. The launch highlights the seamless transition from private innovator to public powerhouse, with SpaceX facing new pressures as a [...]
Watch SpaceX Dragon cargo capsule head home to Earth today
space.com

Watch SpaceX Dragon cargo capsule head home to Earth today

A SpaceX Dragon cargo spacecraft is scheduled to undock from the International Space Station (ISS) today (June 16) at 12:05 p.m. EDT (1605 GMT) and return to Earth. The spacecraft, carrying nearly 6,500 pounds of cargo, including research samples and equipment, will splash down in the Pacific Ocean off the coast of California on June 17. The Dragon spacecraft is the only operational ISS cargo spacecraft capable of surviving the fiery descent through Earth's atmosphere.
SpaceX Bars China and Hong Kong Investors From Its Record IPO, Citing US Export Rules
techtimes.com

SpaceX Bars China and Hong Kong Investors From Its Record IPO, Citing US Export Rules

SpaceX, Elon Musk's space company, has excluded investors from mainland China and Hong Kong from its record-breaking IPO, citing US export rules. The company listed on Nasdaq under the ticker SPCX, priced at $135 a share for a valuation near $1.75 trillion. Underwriters were instructed not to accept orders from investors in mainland China and Hong Kong, citing regulatory and compliance risks related to the International Traffic in Arms Regulations (ITAR). This move is seen as a [...]
Elon Musk just put a $1 Trillion revenue number on SpaceX
teslarati.com

Elon Musk just put a $1 Trillion revenue number on SpaceX

Elon Musk projected SpaceX's revenue to reach approximately $1 trillion in 2030, exceeding Wall Street's most bullish estimates. Musk's forecast is roughly three times higher than institutional estimates, with Morgan Stanley projecting $330 billion in 2030. SpaceX's revenue growth would require a compound annual growth rate of 42%, outpacing Amazon's fastest growth era. The company's AI infrastructure and government contracts, including a $4.04 billion NASA contract, are expected to drive revenue. Musk's projection is ambitious, but the [...]
TechCrunch Mobility: SpaceX rockets past Tesla
techcrunch.com

TechCrunch Mobility: SpaceX rockets past Tesla

SpaceX has surpassed Tesla in market capitalization, reaching $2.1 trillion, making it the sixth most valuable U.S.-listed company. Tesla's market cap stands at $1.52 trillion. The gap between the two companies, both founded by Elon Musk, has sparked speculation about a potential merger. SpaceX's S-1 document hints at possible future dilution, and president Gwynne Shotwell has expressed openness to the idea, suggesting it could simplify Musk's responsibilities. The development has significant implications for the future of transportation [...]
SpaceX Just Made The AI Infrastructure War Public
forbes.com

SpaceX Just Made The AI Infrastructure War Public

SpaceX has made a significant move in the AI infrastructure war, disclosing a major compute contract with Google worth approximately $920 million per month. This deal provides Google with access to around 110,000 GPUs at SpaceX's Memphis campus until 2029. The contract highlights SpaceX's growing presence in the AI sector, with the company now controlling a substantial portion of AI's physical layer. The news comes ahead of SpaceX's record IPO, which saw shares priced at $135 and [...]