SpaceX post-IPO stock decline
One page that accretes the verified record as the story develops. Every fact keeps its date and its sources.
SpaceX shares draw unusual options trader attention
The most popular options contract by volume in SpaceX was the 144-strike call expiring the next day.
SpaceX shares have been trading in a $10 range around the $140 level for three weeks.
Noel Smith is the founder and chief investment officer of Convex Asset Management.
SpaceX to build $100 billion launch facility in Louisiana
The facility will add more than 3,000 jobs to the region.
Construction is due to start next year.
In August, SpaceX and Tesla announced plans to build a $16.8bn AI chip making complex in Texas called the Terafab.
“The historic project will establish Louisiana as a global hub for next-generation aerospace, with the capacity and infrastructure needed to dramatically increase launch frequency and expand access to space,”
SpaceX plans $100 billion spaceport in Louisiana
Starbase, LA will serve as the main launch facility for Starship.
SpaceX plans to build a $100 billion new launch facility in Louisiana.
Tesla and SpaceX, in partnership with Intel, plan to build a massive AI chip factory in Grimes County, Texas.
SpaceX 10GW by 2027 projection and Microsoft as largest offtaker
Microsoft has signed 10GW of contracts year-to-date.
SemiAnalysis views the possibility of Microsoft signing 3GW with SpaceX for $50B/GW/year as possible.
SemiAnalysis believes SpaceX is on track to build about 10GW by year-end 2027.
Over 900 million SpaceX shares unlock
SpaceX has more than 7.5 billion Class A shares.
SpaceX shares (SPCX) rose more than 6% on Thursday.
SpaceX closed at $108.27 a share on Wednesday.
“If there’s less selling pressure than had been expected, the stock price sometimes goes up when lockups expire. Most of the time, it goes down, but not always,”
SpaceX stock drops after Q2 earnings show rising AI capex
JPMorgan analyst Doug Anmuth projects SpaceX capex of nearly $200B in 2027 and 2028.
Nvidia will be the exclusive supplier of chips for SpaceX's AI chip needs.
SpaceX posted adjusted EBITDA of $3.5 billion in Q2.
SpaceX stock drops after first earnings report as AI costs soar
SpaceX's revenue jumped 92% from $4.1 billion a year earlier.
SpaceX's stock dropped about 8% in extended trading.
SpaceX lost $4.9 billion last year.
SpaceX stock down 19% from IPO price, Tesla history as comparison
Tesla introduced the Model S in 2012.
SpaceX's IPO price was $135.
SpaceX stock rose to as high as $225 in the weeks following its IPO.