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NASDAQ:SPCX News

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ITG Raises $312.2 Million After IPO Prices Below Range

Digital infrastructure services firm ITG Inc. NASDAQ:ITG raised $312.2 million in its US IPO after selling 19.5 million shares at $16 each, below the marketed range of $19 to $22. The pricing gives ITG a market value of $1.94 billion, based on the outstanding share count listed in its filings. The…

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SpaceX Offers 50% Starlink Discount Amid Data Center Pushback

SpaceX NASDAQ:SPCX is offering Starlink discounts in Memphis, Tennessee, as the Elon Musk-led company faces growing pressure from community opposition and legal challenges tied to its data center operations in the area and nearby Mississippi.Customers who opt in could receive Starlink service plans…

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What xAI's Deals and X Money Mean for SpaceX Investors

Three weeks after the largest IPO in history, the story investors tell about SpaceX is still mostly about rockets and Starlink.That’s understandable — but it misses where the company is actually headed. Two of the most consequential developments since the June 12th debut happened nowhere near a lau…

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RKLB CEO Echoes SpaceX's Satellite Connectivity Market Projections After $8B Iridium Deal — ‘It Generally Starts With A T’

Rocket Lab Corp. (RKLB) CEO Peter Beck on Wednesday echoed Space Exploration Technologies Corp.’s (SPCX) view of the addressable market in the satellite communications services segment, while downplaying the threat these services pose to traditional telecom players.During an interview with CNBC, Be…

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SpaceX stock surges as it eyes over $4B in inflows

SpaceX (SPCX) shares are pushing higher as investors aggressively position their portfolios ahead of the aerospace titan’s highly anticipated inclusion into the Nasdaq-100 index on Jul. 7.The upcoming milestone is fueling intense market optimization, as institutional traders race to get ahead of ma…

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BNP Paribas Dismisses SpaceX Threat as Charter Stock Jumps

Charter Communications NASDAQ:CHTR jumps on SpaceX partnership speculation, but analysts said the potential competitive impact on the U.S. wireless market may be limited, according to a Monday research note from BNP Paribas.The report follows media coverage that Charter Communications NASDAQ:CHTR a…

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SpaceX Joins Nasdaq-100 Less Than A Month After Going Public

WASHINGTON (dpa-AFX) - Space Exploration Technologies Corp. (SPCX) is set to be added to the Nasdaq-100 index in under a month since its IPO, making it one of the quickest companies to get this honor thanks to Nasdaq's new fast-track rules.Late Friday, Nasdaq announced that SpaceX meets the criteri…

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