Gwynne Shotwell, SpaceX’s president and chief operating officer, interviews with CNBC during the company’s IPO at the Nasdaq MarketSite in New York City on June 12, 2026. Adam Jeffery | CNBC As SpaceX was poised to hit the Nasdaq following the largest initial public offering on record, Elon Musk’s second-in-command, Gwynne Shotwell, didn’t dismiss the…
SpaceX launches their IPO at the Nasdaq in New York City on June 12, 2026. Adam Jeffery | CNBC There ain’t nothing like the real thing. SpaceX “proxy stocks,” whose options volumes were booming ahead of Friday’s historic initial public offering, are unwinding gains. Some look like they have more potential for a rebound than…
U.S. Rep. Lisa McClain (R-MI) holds a press conference with House Speaker Mike Johnson (R-LA) and other Republican leadership on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Annabelle Gordon | Reuters Rep. Lisa McClain, one of the House GOP’s top leaders, has a family investment poised to benefit from SpaceX’s record public debut…
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…
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…
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…
CEO Gwen Shotwell and SpaceX executives ring the opening bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares soared on Friday as trading commenced on the Nasdaq, driving the rocket company’s valuation above $2 trillion. The Elon Musk-led space company’s stock was last trading 23% higher in midday trading to…
Today is the big day. If you want clues for what might happen, look to the proxy trades that have been the rage among options traders. Options volumes are booming in stocks with ties to SpaceX ahead of Friday’s historic debut of the newest public entity run by the world’s richest man. While Wall Street…
Americans have more money invested for retirement in passive S&P 500 Index funds than any other investment. The Vanguard and BlackRock S&P 500 ETFs alone manage nearly $2 trillion in assets, with the Vanguard ETF (VOO) recently passing the $1 trillion mark. But they won’t be managing SpaceX shares any time soon for retail investors…
The SpaceX facility and a Falcon 9 rocket booster are shown, as the company prepares to file for an initial public offering (IPO), in Hawthorne California, U.S., April 23, 2026. Mike Blake | Reuters Elon Musk‘s SpaceX will need to achieve at least two of its three “moonshots” to justify its huge valuation, a former…
