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SpaceX shares fell 7% on Wednesday after Elon Musk denied a report that the company showed investors a prototype AI-powered handset device ahead of its blockbuster initial public offering. Key Points: SpaceX stock dropped about 7% on Wednesday after Elon Musk denied a report that the company showed

OpenAI and Anthropic are pushing toward stock listings that could add roughly $200 billion to Wall Street, chasing SpaceX's record initial public offering. Key Points: SpaceX's June IPO raised $75 billion at a $1.75 trillion valuation, the largest public offering in U.S. history. Anthropic has confi

Wedbush initiated coverage of SpaceX with an Outperform rating and a $190 price target, calling the company more of an artificial intelligence infrastructure play than a space business. Key Points Wedbush rates SpaceX Outperform with a $190 target, about 11% above Tuesday's close of $170.86. Analyst

SpaceX will join the Nasdaq-100 before markets open on Jul. 7, forcing passive funds to buy billions in shares just weeks after the largest IPO on record. Key Points: SpaceX joins the Nasdaq-100 before the open on Jul. 7, the fastest index inclusion on record. J.P. Morgan estimates roughly $4.3 bill

SpaceX (SPCX) will enter the Nasdaq 100 on Jul. 7, setting a record as the fastest inclusion in the benchmark’s history. Key Points: SpaceX will join the Nasdaq 100 only 15 trading days after its Jun. 12 IPO. The company raised about $75 billion at a $1.77 trillion valuation, the largest IPO on reco