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Elon Musk’s xAI has officially rebranded as SpaceXAI after merging with SpaceX, with the new name and logo announced on X.
SpaceX lost $178 billion in market value after shares fell nearly 10%, bringing total losses from the recent peak to about $895 billion.
SpaceX shares climbed 12% over the past two sessions as investors bought the dip following the company’s sharp post-IPO correction.
Elon Musk reportedly lost more than $350 billion in a single day as SpaceX shares fell below their opening-day trading price.
SpaceX launched its first major bond offering after its record IPO, despite holding more than $100 billion in cash.
SpaceX shares dropped another 10%, extending their decline to a third consecutive session after a historic post-IPO rally.
SpaceX shares have fallen 23% from their recent peak but continue to trade above their IPO price.
SpaceX shares fell about 12% as investors took profits following the stock’s powerful post-IPO surge.
Elon Musk added $165 billion to his fortune in one day — more than Bill Gates’ entire estimated net worth.
SpaceX reached a $2.8 trillion valuation, surpassing Amazon and becoming one of the world’s most valuable companies.
SpaceX added $412 billion in market value in a single day, lifting its capitalization to $2.5 trillion.
SpaceX shares gained 6% as investors reacted to projections of nearly $1 trillion in annual revenue by 2030.
Elon Musk said factories on the Moon and Mars would be needed to achieve quadrillionaire status in a future space economy.
Early SpaceX investors are poised for historic gains as the company prepares for its highly anticipated IPO.
Elon Musk said his upcoming AI chip could outperform Nvidia’s products while costing a fraction of the price.