SpaceX’s capex for its AI business reached 7.7 billion dollars in just the first quarter of 2026 a major acceleration from 12.7 billion for all of 2025.
Tag: markets
Retail Investors Get 30 Percent of SpaceX IPO Float Through Robinhood Fidelity and Charles Schwab
Goldman Sachs led a 21-bank syndicate that allocated nearly a third of the SpaceX IPO to retail investors via major brokerage platforms.
SpaceX IPO Market Cap Surpasses Two Trillion Dollars on Nasdaq Debut Day
SpaceX’s opening day pushed its market capitalization past the 2 trillion dollar mark making it one of the most valuable companies in the world.
SpaceX Ticker Symbol SPCX Goes Live on Nasdaq Exchange Just Before 10 AM on Opening Day
SpaceX began trading on Nasdaq under the ticker SPCX in a moment celebrated by employees with a bell-ringing ceremony at Times Square.
UK Armed Forces Bill Amended with 81 Government Changes Ahead of Report Stage in House of Commons
The UK government made 81 amendments to the Armed Forces Bill with further consideration scheduled for June 22 in the House of Commons.
SpaceX IPO Eclipses Saudi Aramco’s 2019 Record as Largest Public Offering in History
The 75 billion dollar SpaceX raise surpassed Saudi Aramco’s 29 billion dollar IPO to set a new all-time global record.
SpaceX AI Segment xAI Posted 6.36 Billion Dollar Operating Loss in 2025 on 3.2 Billion in Revenue
The xAI segment which includes X recorded a widening operating loss in 2025 but also showed significant revenue growth of 22%.
Brazil’s Presidential Race Faces Disruption from Deepening Corruption Scandal
A growing corruption scandal in Brazil is threatening to upend the presidential race according to analysis from Stratfor.
SpaceX Makes Historic Market Debut on Nasdaq Raising 75 Billion Dollars in Biggest Ever IPO
SpaceX went public on June 12 with stock opening at 150 dollars per share and climbing 20% making it the largest IPO in recorded history.
Elon Musk Becomes World’s First Trillionaire After SpaceX IPO Pushes Net Worth Past 1.2 Trillion Dollars
SpaceX’s IPO combined with Tesla holdings lifted Musk’s personal wealth to over 1.2 trillion dollars making him the first trillionaire.