SpaceX says it will release financial results only through its website and X, bypassing newswire services

bdnews24.com Jun 22, 2026

SpaceX says it will release financial results only through its website and X, bypassing newswire services

Curated by Shubham · TechCapsules · Jun 22, 2026

AI-summarised brief · reviewed before publication

SpaceX will release financial results through its website and X account, bypassing traditional newswire services. The company disclosed this change in a regulatory filing, marking a departure from standard corporate communication practices. SpaceX aims to reach investors, financial terminals, and media outlets directly. The decision was announced on the same day its underwriters exercised the "greenshoe" option, taking the total proceeds from its initial public offering to $85.7 billion. Shares of the company closed 19 percent higher on Monday and were up 2 percent further in extended trading. The move allows SpaceX to control the dissemination of its financial information.

💡 Why It Matters

· By cutting out intermediaries, SpaceX gains greater control over its narrative and can potentially reduce costs associated with traditional newswire services.
· This shift also reflects the company's willingness to adapt and innovate in its communication strategies.

Read full article on bdnews24.com

Polymarket reportedly paid creators to post deceptive videos about fake bets

Polymarket paid online creators to post deceptive videos about fake bets on its prediction market, according to a Wall Street Journal investigation. The investigation analyzed 1,100 videos and viewed instructional materials provided to creators, finding many videos featured fake trades and winnings on near-perfect copies of the Polymarket website. Creators were told not to disclose they were paid by Polymarket, but later added "partner" to their bios after being questioned. Polymarket plans to conduct an audit of its promotional content, stating it is committed to maintaining accurate and transparent markets. The practice has been compared to misleading commercials.

💡 Deceptive marketing tactics can erode trust in emerging technologies like prediction markets. Paid endorsements without clear disclosure undermine the credibility of online creators.

analyticsinsight.net · Jun 20

Intel Stock Hits $133.99: Can Intel Outperform NVIDIA and AMD in 2026?

Intel stock has risen to $133.99, a 190% increase this year, driven by improving business prospects and new partnerships. A possible manufacturing deal with Apple has created strong positive market sentiment. Intel's long-term semiconductor strategy and expansion of its Intel 18A process technology are key to future growth. The company aims to become a global contract manufacturer, competing with Taiwan Semiconductor Manufacturing Company. Intel's market value now stands near $670 billion, with investor confidence returning after years of weak performance. The stock trades near its 52-week high, showing strong buying activity.

💡 Intel's potential partnership with Apple could transform its business model, enabling it to compete directly with major contract manufacturers. A successful deal would validate Intel's strategic shift towards becoming a global contract manufacturer.

techcrunch.com · Jun 19

OpenAI is bringing on some big guns in the lead-up to its…

OpenAI is bolstering its team ahead of its public debut by hiring Noam Shazeer, a renowned AI expert, and Dean Ball, a former Trump White House AI policy official. Shazeer, credited with co-authoring the seminal 2017 paper "Attention Is All You Need," joins from Google, where he had been a co-lead at Gemini and founder of Character AI. Ball, who will lead OpenAI's Strategic Futures team, will focus on shaping frontier AI policy, covering catastrophic risk, recursive self-improvement, and labor market impact. The hires come as Anthropic faces government scrutiny.

💡 The OpenAI hires signal a strategic move to consolidate its insider status with the U.S. government, potentially giving it an edge over rival Anthropic, which is currently battling export control restrictions.

thelincolnianonline.com · Jun 19

Top Artificial Intelligence Stocks To Watch Now – June 18th

Fermi, Fluence Energy, and Hut 8 are the top Artificial Intelligence stocks to watch, according to MarketBeat's stock screener tool. These companies had the highest dollar trading volume in the last several days. Fermi aims to power AI needs with low-carbon energy, while Fluence Energy offers energy storage products and AI-enabled software. Hut 8 operates data centers for digital assets mining, computing, and AI in the US. These businesses may benefit from the growth of AI adoption, creating AI products or providing tools and services to power AI systems, with Fermi projecting 1.1 GW of power online by 2026.

💡 Investors tracking AI growth can capitalize on these stocks. AI-driven technologies are transforming industries, making these companies crucial to the sector's development.

teslarati.com · Jun 18

Elon Musk just upped his Tesla stake further fueling SpaceX merger conversation

Elon Musk exercised 303,960,630 Tesla stock options, generating $115.9 billion in paper gains, and increased his direct Tesla voting power to approximately 20%. The transaction was made possible by an Implementation Agreement signed on April 21, 2026, and comes after SpaceX completed its IPO, giving it a public market valuation and share currency. Musk's move has fueled speculation about a potential Tesla and SpaceX merger, with the timing and structure of the stock option exercise carrying significant weight. The restricted shares Musk received cannot be sold until 2033, positioning his stake as long-term collateral in a potential deal. Musk's increased influence over Tesla and SpaceX's growing public market presence have raised expectations for a merger. The companies are already intertwined through shared facilities and investments.

💡 Musk's increased voting power gives him greater control over Tesla's future, including any potential merger with SpaceX. The timing of the stock option exercise, immediately after SpaceX's IPO, suggests a deliberate move to pave the way for a historic corporate merger.

techcrunch.com · Jun 18

After unveiling ridiculously expensive AR glasses, Snap’s stock takes a dive

Snap's highly anticipated AR glasses, Specs, had a disappointing debut, with the company's stock plummeting over 5% after the launch. The glasses, which retail at nearly $2,200, have raised concerns about their profitability, particularly given Snap's core user demographic of teenagers who may not have the financial means to afford them. The stock has been struggling, dropping 30% over the past year, and has yet to recover from the announcement. Snap's CEO, Evan Spiegel, defended the price, comparing Specs to high-end computers and laptops.

💡 Snap's pricey AR glasses may be a non-starter for its core user base, threatening the company's business model and potentially limiting the product's market potential. The high cost of Specs may force Snap to reevaluate its target audience and pricing strategy, making it a crucial test for the company's ability to adapt to changing consumer demands.