Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
Category: Initial Public Offerings
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SpaceX’s Spending on A.I. Soars, In First Results After I.P.O.
The New York Times – Business: -
SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride.
The New York Times – Business:On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
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In San Francisco, Some Home Sellers Now Ask for OpenAI or Anthropic Stock
The New York Times – Business:Even before OpenAI and Anthropic go public, they are distorting home sales in the San Francisco Bay Area, as people race to buy and sellers ask for stock instead of cash.
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Why Index Funds Haven’t Boosted SpaceX
The New York Times – Business:Some market watchers are puzzled that shares in Elon Musk’s rocket and A.I. company have stalled out despite major interest from Wall Street.
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The Hottest Stock Markets Lead to the Biggest Losses
The New York Times – Business:Investor enthusiasm culminated in some of the worst cases of wealth destruction in the last 100 years, a long-running study shows.
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In San Francisco’s A.I. Era, Even $180,000 Tech Salaries Are No Longer Enough
The New York Times – Business:As OpenAI and Anthropic prepare to go public, tech workers making six figures are grousing that they cannot compete with the new A.I. elite. Some doubt they can afford to stay.
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Best Investments Over the Last 100 Years? Almost All Are Tech Companies.
The New York Times – Business:What’s most surprising is that Tesla and SpaceX have entered that elite group. A vast majority of companies weren’t worth owning, a long-running study shows.
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Apple, Micron, OpenAI and A.I.’s Rough Summer
The New York Times – Business:Rising memory prices, more expensive iPads and a longer wait for OpenAI to go public: The sector that has driven markets skyward is hitting turbulence.
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Kalshi to Become a World Cup Partner as It Pursues More Growth
The New York Times – Business:The prediction market is betting that the association with the soccer tournament will help bolster betting volumes as it works toward an I.P.O.
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OpenAI Leans Toward Holding Up I.P.O. Until Next Year
The New York Times – Business:The A.I. company’s advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX’s stock has been volatile and as the start-up grapples with financial challenges.
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SpaceX Shares Are Slumping After After Its Blockbuster I.P.O.
The New York Times – Business:On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.