SpaceX shares sank on Wednesday, putting a damper on momentum after a red-hot first few days of trading. The Elon Musk-led company has seen its stock surge around 40% since its blockbuster IPO on Friday, which offered shares at a set $135. The first few days of gains for SpaceX pushed its market cap above…
CNBC’s Jim Cramer said Tuesday that investors flocking to SpaceX are betting on Elon Musk’s ability to create transformative businesses — not the company’s current earnings power. “The stock is called SpaceX, but it might as well be called Elon Musk,” the “Mad Money” host said. SpaceX has quickly become one of the world’s most…
SpaceX IPO at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX options on their first day of trading showed about a 15% chance for the stock to rise by 50% and a similar possibility that it loses half its value in the next three months, according to Susquehanna. The stock saw the…
In this photo illustration, the Anthropic logo is seen on a smartphone with a Claude Mythos logo in the background. Sopa Images | Lightrocket | Getty Images Anthropic’s suspension of its top AI models late last week drove home a hard truth for the companies that were counting on them: access can be cut off…
SpaceX founder Elon Musk jumps for joy at a gathering after NASA commercial crew astronauts Doug Hurley and Bob Behnken blast off aboard the SpaceX Falcon 9 rocket, bound for the International Space Station, in Cape Canaveral, Florida, on May 30, 2020. Jonathan Newton | The Washington Post | Getty Images In Elon Musk’s telling…
A year after spending over $14 billion to bring in Alexandr Wang and a group of his top Scale AI engineers to revamp its artificial intelligence efforts, Meta is at least back on the map in AI, though it’s still far behind OpenAI, Anthropic and Google in the market. Wang’s big accomplishment was the delivery…
SpaceX Executives ring the Closing Bell at the Nasdaq on the debut of their IPO on June 12th, 2026. Adam Jeffery | CNBC Investors were hard pressed to find critical things to say about the SpaceX initial public offering on its first day of trading on the Nasdaq Friday. Despite a large retail allocation and…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are trading higher Friday afternoon, with the S & P 500’s gains pushing it firmly in positive territory for the week. That’s quite the change…
SpaceX facilities in Hawthorne, California, April 13, 2026. Ethan Swope | Bloomberg | Getty Images SpaceX is set to debut on the Nasdaq on Friday, and traders on the prediction market platform Polymarket are confident shares will pop. The Elon Musk-led rocket company is expected to price at $135 per share, already giving it a…
Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | Reuters Iran will treat all of Elon Musk‘s companies in the Middle East, including…
