CNBC’s Jim Cramer said Friday that it’s not too late for investors to buy SpaceX after its blockbuster debut— but only if they’re willing to view the stock as a long-term bet on the future rather than a traditional investment. “Is it too late to get into SpaceX?” the “Mad Money” host said. “If you’re…
SpaceX executives and employees ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX’s initial public offering in New York on June 12, 2026. Adam Jeffery | CNBC Thousands of SpaceX employees who have suddenly become millionaires are redefining the wealth management business with their combined fortunes. As CNBC reported earlier…
Marvin Jung isn’t buying into SpaceX because he thinks it’s a bargain. The 51-year-old regional director of operations in veterinary care believes Elon Musk’s rocket company is coming public at a valuation that is “really, really aggressive.” Yet, he still requested 1,000 shares through Robinhood, betting enthusiasm for one of the world’s most anticipated initial…
The IPO market is back, and it’s no longer led by the same companies. FAANG performed well, but a new acronym is dominating: MANGOS – Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI and SpaceX. Half of that group is going to the public markets in the same window, and it’s…
SpaceX is officially set for the largest IPO on record. Elon Musk’s reusable rocket company is raising $75 billion, selling 555.6 million shares for $135 a piece, according to a filing with the Securities and Exchange Commission. The deal values SpaceX at $1.77 trillion, making it the seventh most-valuable U.S. company, ahead of Tesla, Musk’s…
SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at the company’s Boca Chica complex, ahead of Starship’s eighth test flight which is targeted for March 3, from Starbase, near Brownsville, Texas, U.S. March 2, 2025. Kaylee Greenlee | Reuters For nearly two decades, some…
Razer CEO Tan Min-Liang speaks onstage with CNBC’s Joanna Ossinger at Singapore’s Super AI convention on June 11, 2026. SuperAI 2026 Blockbuster public offerings from companies involved in the global artificial intelligence race could be an enduring feature of the industry, Min-Liang Tan, CEO at Singaporean gaming company Razer, said Thursday, ahead of a series…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images SpaceX filed for an initial public offering a week ago, and Elon Musk is already creating confusion. Days before the reusable rocket maker is scheduled to start pitching its story to investors, Musk took to social…
American Airlines said Tuesday it plans to do so install starlink The carrier is the latest to choose the SpaceX unit for inflight Wi-Fi service on more than 500 narrow-body Airbus planes as early as next year. The deal not only provides a financial boost for Starlink, the satellite communications network and the only SpaceX…
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost certainly set a record for the largest offering ever. By a long shot. Elon Musk’s reusable rocket maker filed its long-awaited IPO…
