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SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips

#launch #developed #deeply

Space Exploration Technologies Corp. (NASDAQ:SPCX) is reportedly planning to raise $40 billion in bank loans and investment-grade debt, led by Apollo Global Management (NYSE:APO) , to buy Nvidia Corp. (NASDAQ:NVDA) chips.
The Elon Musk-led company is looking to raise about $10 billion in bank loans and $30 billion in investment-grade debt for the chip order, Reuters News reported, citing the Financial Times.
Apollo is expected to lead the deal and help place the debt with a broad range of investors, with Pimco among a small group of lenders in talks to provide financing, the newspaper reported citing people familiar with the matter.
The transaction is expected to close in 2027.
SpaceX, Apollo, and Nvidia did not immediately respond to Benzinga's request for comment, while Pimco declined to comment.

#NASDAQ #NVIDIA

SpaceX (NASDAQ:SPCX) reached a major milestone in its rocket-launching business recently, when the massive Starship reached orbit for the first time and deployed 26 Starlink satellites.
To be sure, it didn't go perfectly. An engine shut down during the ascent, and splashdown occurred three hours into a mission scheduled for 10. Even so, it's quite a milestone.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Image source: Getty Images.
SpaceX stock hasn't reacted much to the news, and still trades for about 30% below its post-IPO peak. But if you invest $1,000 into the ***** e, internet, and AI conglomerate today, what could it be worth by 2030?

#didn 't #starship #even

SpaceX shares surged 8% Monday after Morgan Stanley reiterated its $300 price target, calling the stock "cheap and getting cheaper."
Musk confirmed plans to rename ****** eX's AI unit to ****** eXSI, adopting Trump's preferred "super intelligence" term, with no timetable given.
The rally pushed Musk's estimated net worth above $1.03 trillion, exceeding Taiwan's entire annual GDP of $977 billion.
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Shares of ****** eX (NASDAQ:SPCX) rose sharply Monday after two developments. First, CEO Elon Musk said the company plans to rename its artificial intelligence unit. Then Morgan Stanley (NYSE:MS) repeated its price target on the stock. The last quote was $171.40 as of 6:42 PM ET on October 5, 2026, in after-hours trading. At that point the after-hours move stood at 0.18%, according to Pluang. That figure covers post-close trading only and does not show how the regular session went.

#Monday #plans

Elon Musk has never shied away from ambitious timelines, and his most recent one connects two companies directly together. In a post on X dated September 13, Musk stated that he is "highly confident" that **** e Exploration Technologies Corp. (NASDAQ:SPCX) will transport NVIDIA Corporation (NASDAQ:NVDA) Vera Rubin NVL72 AI computers into orbit next year, repeating a plan that has already moved both companies' stock this year.
The comment strengthens **** eX's Starmind concept, which aims to establish AI data centers in orbit rather than on the ground. The first satellite, named Starmind AI1, will carry a **** e-optimized version of NVIDIA's Vera Rubin NVL72 rack-scale system. The standard terrestrial NVL72 combines 72 Rubin GPUs and 36 Vera CPUs, although **** eX and NVIDIA have not disclosed the final configuration of the orbital version. **** e Exploration Technologies Corp. (NASDAQ:SPCX) plans to launch the satellite in the fourth quarter of 2027 and reach substantial scale by 2028. Musk's plan isn't new; during **** eX's first earnings conference as a public company in August, he stated that the company would build exclusively on NVIDIA hardware in the future, calling the Vera Rubin architecture the best available AI computer design.
Musk's central point is that **** e is, in the long run, the most cost-effective area to develop AI computing. He cites solar power availability in orbit as a crucial advantage, and estimates that within two to three years, **** e might become the lowest-cost place for AI computing in general, describing the orbital architecture as simpler, less expensive, denser, and lighter than a standard data-center rack. Not everyone believes the physics and economics will align on Musk's timeframe. Microsoft President Brad Smith has publicly questioned the broader concept, telling reporters that he would be surprised if companies actually transferred computation from land to low-Earth orbit.
For NVIDIA Corporation (NASDAQ:NVDA), the read-through is simple: **** e-based computing would represent a new, if early-stage and speculative, source of demand for its Vera Rubin platform, on top of the company's strong position in terrestrial AI infrastructure. According to some **** yst models, **** eX accounts for approximately 5% of NVIDIA's revenue.
SpaceX's reasoning is more convoluted. The plan is entirely dependent on the success of Starship, **** eX's next-generation rocket system, which still needs to demonstrate its capacity to handle launch frequency and reliability on the scale Musk describes. When Musk said during **** eX's August earnings call that the company would build its future AI infrastructure exclusively on NVIDIA, NVDA shares rose more than 4%, while **** eX's shares fell more than 10% before paring losses, reflecting investor concerns about execution risk and capital intensity, despite the fact that the NVIDIA relationship was well received.

#Companies

Space Exploration Technologies Corp. (NASDAQ:SPCX) is increasingly confident it can reach a $100 billion annual revenue run rate by year-end. The company's CFO said there is now "even more conviction" around the target. A new AI hosting agreement worth $13 billion on an annualized basis adds significant support to that outlook and reflects how quickly ***** eX's compute business is scaling. But the financial picture behind that growth is less straightforward. The same AI division that management is relying on to help reach that target posted a $1.3 billion loss in the latest quarter alone. The loss wiped out what would have otherwise been a profitable quarter, while the company generated roughly negative $25 billion in free cash flow during the first half of 2026.
CFO Bret Johnsen said ***** eX has "even more conviction" that it can reach a $100 billion annual revenue run rate. The outlook is supported by a newly signed AI hosting agreement worth $1.11 billion per month beginning in December, or roughly $13 billion on an annualized basis. The company plans to end the year with a little over 2 gigawatts of terrestrial AI-computing capacity and scale to between 5 and 10 gigawatts in 2027. Orbital computing remains a longer-term option for overcoming power constraints. Its current agreements include a $6.7 billion cloud-services contract that is scheduled to ramp up in October. Existing arrangements with Google and Anthropic are worth more than $2 billion per month combined. Reaching the $100 billion target would require monthly revenue to more than triple from second-quarter's pace.
SpaceX's rocket and Starlink businesses generated roughly $1.1 billion in combined operating income in the second quarter. But the AI division's $1.3 billion loss more than wiped out that profit. The company also generated roughly negative $25 billion in free cash flow during the first half of 2026. The stock declined more than 5% after the second-quarter results despite a revenue beat.
The AI contract pipeline is clearly expanding and gaining momentum. However, the $100 billion target is a revenue run-rate measure rather than a profitability target. At the same time, the division driving this expansion remains the company's largest contributor to both both operating losses and capital spending, making the growth opportunity financially costly for now.
SpaceX had 119 hedge funds among its institutional holders at the end of the second quarter of fiscal 2026. Meanwhile, short interest stood at just 2.76% of float as of August 31, 2026. The ownership and the short interest figures show that institutional sentiment remains broadly constructive and toward the company's long-term outlook.

#roughly

Elon Musk is getting serious about putting artificial intelligence (AI) into orbit. The ***** eX (SPCX) CEO is reportedly confident the company can launch Nvidia (NVDA) powered AI systems into ***** e in 2027. ***** eX and Nvidia are working on a ***** e-optimized version of Nvidia's Vera Rubin NVL72 platform, and Musk says the system should be lighter, denser, and cheaper than a traditional data-center rack. That matters because ***** eX is trying to turn orbital computing into a major business, while Nvidia could gain another market for its AI hardware.
The opportunity is much bigger than a headline. ***** eX could eventually sell computing capacity from satellites just as it sells broadband through Starlink. Meanwhile, Nvidia could supply the chips behind that infrastructure. Investors should still remember that this is an emerging business, and commercial scale is not expected immediately. Still, the plan gives both companies another way to capitalize on the AI spending boom.
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#NVIDIA #SpaceX #much #still

SpaceX (SPCX) shares are pushing higher on Wednesday after Cathie Wood, the influential chief executive of ARK Invest, said Starship could be generating $10 trillion in annual revenue by 2030. Elon Musk responded to her ambitious forecast on X, saying it's "not impossible."
SpaceX stock has been a volatile ride for investors since its debut in June. As of writing, it's down about 25% versus its year-to-date high.
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#since

SPCX surged 5.1% to $151, reclaiming its IPO open price after the Pentagon confirmed on-orbit ****** e weapons tied to ****** eX's $6B+ Starshield contracts.
RTX, Lockheed Martin, and Northrop Grumman all sit inside the $17.9B Golden Dome supply chain, making the Pentagon confirmation a sector-wide catalyst.
SpaceX's Q2 revenue beat estimates by 15% at $7.81B, Starlink subscribers doubled to 12M, and enterprise revenue jumped 108% year over year.
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Shares of ****** eX (NASDAQ:SPCX) are up 5.1% in mid-morning trading Wednesday, changing hands at $151 after opening near $143. The move pushes the stock back above the $150 level it first hit when trading began June 12 following its IPO priced at $135.

#year #starshield #grumman

Over the past few months, **** eX (SPCX) has hogged so much of the limelight that Elon Musk's "other" company, Tesla (TSLA), has slipped completely under the radar. Yet, the EV leader is looking to go back to the past to grow in the future.
An event scheduled for Oct. 1 is expected to provide a major glimpse into the second-generation Roadster—a car that the company sold between 2008 and 2012 and was the one that put it on the automobile map of the world. Described as the company's first production vehicle and built with a Lotus Elise Chassis, the Roadster offered things that no other electric vehicle did at that time. 0-60 mph in 39 seconds, had a top speed of 120 mph, and an initial range of 200+ miles, which eventually rose to 245.
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#company #SpaceX #spcx #Tsla

SpaceX (SPCX), which made a sensational debut on the bourses in June 2026, has been trading relatively sideways since then, although it remains above its initial public offering price (IPO) of $135 per share. This is surprising, considering the company is led by CEO Elon Musk, one of the most volatile and polarizing figures in corporate history whose penchant for making headlines is infamous.
However, on Sept. 21, SPCX stock could get a much-needed boost. Let's take a closer look.
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#however

SpaceX (NASDAQ:SPCX) has been building its AI business at warp speed. It turns out to be much more challenging to rapidly build reliable data centers than expected. Some of its facilities ran without backup power for months. That recently led the company to make some changes, including reshuffling its leadership team to ensure it can meet a looming deadline for a $920 million-a-month compute deal with Alphabet's (NASDAQ:GOOG)(NASDAQ:GOOGL) Google.
Here's a look at what went wrong and how **** eX is racing to fix the problem.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: The Motley Fool.
Engineering and reliability issues have surfaced at **** eX data center sites in Tennessee and Mississippi. According to a recent report by The Information, several sites operated without backup cooling and power systems as the company pushed to expand capacity as fast as possible. That publication has previously reported issues at **** eX data center sites, including that its Macrohand facility in Tennessee had to rely on over 100 mobile chillers and recorded uptime well below the company's 99.9% internal target. Meanwhile, the company used temporary gas turbines at its Mississippi data center longer than expected due to supply chain issues in delaying 41 permanent units. Temporary outages of the power and cooling systems have interrupted AI model training.

#company #NVIDIA #signal #power

On June 12, Elon Musk's ****** e Exploration Technologies (SpaceX) (NASDAQ:SPCX) burst onto the scene with the largest initial public offering (IPO) in Wall Street's storied history. ****** eX priced its shares at $135, giving the company an initial valuation of $1.77 trillion, and raised a record $85.7 billion from its IPO, including the underwriters' overallotment.
Nearly three months later, ****** eX is set to make history yet again -- albeit the dubious kind.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
When private companies go public, they announce a lockup period that prevents their insiders, consisting of high-ranking executives, board members, and early investors, from selling shares shortly after the IPO and capitalizing on IPO/retail investor buzz. Commonly, insiders are prohibited from selling their shares for the first 180 calendar days after the IPO.

#SpaceX #flashing #first

SpaceX must pull off rocket reusability if the company is to reach a stratospheric market valuation in the not-too-distant future.
"A successful investment case in ****** eX at the current $2 trillion enterprise value rests almost entirely on a single admittedly massive engineering bottleneck: Starship reusability (i.e. 20-50 flights per Starship with relatively inexpensive and quick refurbishment/redeployment)," Pivotal Research Group ****** yst Jeffrey Wlodarczak wrote in a note on Tuesday. "If Elon Musk can solve for this fundamental issue it potentially drives down the cost of launches to ****** e to the equivalent of terrestrial freight opening up an unarguably massive opportunity."
Wlodarczak initiated coverage of ****** eX with a Buy rating and $220 price target.
That massive opportunity, Wlodarczak said, includes Starlink taking a material share of the wireless industry and serving as a ****** e monopoly, with others having to pay ****** eX for entry.
"In the end, investors are debating xAI, Colossus, and Starlink take-rates," Wlodarczak added. "Those matter only after Starship works. Our $220 target is a call on reuse 20–50 flights per vehicle, cheap refurb, fast turnaround. If that is solved, the rest of the model can happen. If it is not, SPCX is a different and much smaller company."

#SpaceX

Bloomberg reported that Elon Musk said ****** e Exploration Technologies Corp. (NASDAQ:SPCX) first AI satellites, powered exclusively by NVIDIA Corporation (NASDAQ:NVDA) chips, will launch in the fourth quarter of 2027 and reach "significant scale" in 2028, citing a post on X. Musk wrote "SpaceX, in partnership with Nvidia, has designed a ****** e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year," describing the satellite data center as "significantly simpler, lower cost, denser, and lighter than a traditional rack."
The timeline has moved up twice since ****** eX's May IPO prospectus, which targeted "as early as 2028," and Musk's August 4 earnings call comments, which said launches would begin "next year." ****** eX COO Gwynne Shotwell told CNBC ahead of the IPO that the firm has already struck deals with Anthropic and Google to rent out orbital compute capacity.
The timeline is moving earlier, not later, which is unusual for a ****** e infrastructure project. ****** e Exploration Technologies Corp. (NASDAQ:SPCX) pulled its target forward from as early as 2028 in its IPO prospectus to a specific Q4 2027 date within a few months. The acceleration shows ****** eX believes development is progressing faster than previously expected and could bring orbital computing revenue online sooner than investors initially anticipated.
Real customers have already committed before ****** eX launches a single satellite. ****** eX President Gwynne Shotwell told CNBC that the company has struck deals with Anthropic and Google to rent orbital compute capacity. It shows that major AI companies already see potential value in the technology. Those early commitments could reduce demand risk if ****** eX delivers the planned capacity.
Wall Street sees a large long-term opportunity if the technology works as described. JPMorgan ****** yst Doug Anmuth projected ****** eX could pursue roughly 75 gigawatts of orbital compute by the end of 2031 at a significantly cheaper cost than could be done on Earth a scale that would make this a meaningful new revenue stream beyond ****** eX's existing launch and Starlink businesses.

#SpaceX #NASDAQ #already #compute

With a market cap of $1.91 trillion, ****** eX is among the most valuable companies in the world.
SpaceX (SPCX) listed on the Nasdaq in June 2026, raising over $75 billion in its initial public offering.
Last month, New York University marketing professor Scott Galloway said Wall Street has gotten the math badly wrong on ****** eX, and he is not shy about putting a number on just how wrong.
In a recent podcast, Galloway said that ****** eX shares are worth somewhere between $10 and $30.
At the time of writing, SPCX stock trades at $148, which means Galloway believes the stock could fall 80% from current levels without undervaluing the company.

#galloway #spcx #Stock #NASDAQ

Space Exploration Technologies (NASDAQ: SPCX), known as ******* eX, is ready to explore the cosmos. At least that's what CEO Elon Musk wants investors to understand.
"The mission is to make life multiplanetary, to extend consciousness beyond Earth and understand the universe," Musk explained in August. "For me, being a ******* efaring civilization is the most interesting thing we could possibly do for the future."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's the catch: ******* eX won't be establishing a multiplanetary civilization anytime soon. Before it pursues those goals in earnest, it will need to execute on two key growth pillars that will grant ******* eX the funding and mandate to move beyond Earth and its immediate surroundings.
SpaceX's revenue nearly doubled year over year last quarter, surprising ******* ysts. The company, however, still posted a net loss of $541 million. The company's only segment to generate an operating profit was its Starlink satellite network.

#musk #flashing #multiplanetary

SpaceX (SPCX) has just delivered a fresh shock to Howmet Aerospace (HWM), putting one of the company's most closely watched growth opportunities under the spotlight. Shares of Howmet plunged 7.5% after CEO Elon Musk revealed that ******* eX plans to bring the casting of natural-gas turbine blades and vanes in-house, arguing that the move could accelerate the deployment of new turbines by as much as 18 months.
The announcement is particularly significant because Howmet has built a powerful position in the highly specialized turbine-blade market. The company reportedly holds more than 50% of the global market for industrial gas-turbine blades, while its gas-turbine revenue surged 38% in the latest quarter. The business has benefited from a surge in demand as artificial intelligence (AI) data centers require enormous amounts of electricity and utilities race to expand power-generation capacity.
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#blades #spcx #shares

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Former White House AI and crypto czar David Sacks urged artificial intelligence companies to contribute to Trump Accounts, arguing that giving children a financial stake in AI could strengthen public support for the technology.
On Tuesday, in a post on X, Sacks said Trump Accounts could make children "a direct owner in the American economy" and called on AI companies to follow the example set by ******* e Exploration Technologies Corp. President Gwynne Shotwell.
"I hope every AI company will follow the lead of Gwynne_Shotwell SpaceXAI and give American kids a vested interest in their success," Sacks wrote.
Don't Miss:

#follow

Sands Capital, an investment management company, released its "Sands Capital Select Growth Fund" Q2 2026 investor letter. The letter can be downloaded here. Select Growth Fund targets U.S. businesses driving significant structural change through disruptive innovation. The fund returned 23.2% in the quarter, outperforming the Russell 1000 Growth Index's 16.7%. U.S. large-cap growth equities rebounded sharply, driven by improving corporate fundamentals and renewed investor confidence in AI, despite geopolitical uncertainties. However, the market's gains were narrow, concentrated among AI beneficiaries. The portfolio's success stemmed from strength in AI infrastructure holdings, especially memory and storage, supported by better pricing and tightening supply. As AI development advances, continuous demand for compute capacity is expected, prompting investments in memory, CPUs, AI chips, and semiconductor manufacturing to address emerging bottlenecks essential for scaling AI. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Sands Capital Select Growth Fund highlighted Sphere Entertainment Co. (NYSE:SPHR). Sphere Entertainment Co. (NYSE:SPHR) is a US-based live entertainment and media company. On September 1, 2026, Sphere Entertainment Co. (NYSE:SPHR) closed at $133.30 per share, reflecting a market capitalization of $4.79 billion. Sphere Entertainment Co. (NYSE:SPHR) posted a one-month return of -17.02%, while its shares gained 175.53% over the past 52 weeks.
Sands Capital Select Growth Fund stated the following regarding Sphere Entertainment Co. (NYSE:SPHR) in its Q2 2026 investor letter:
"Sphere Entertainment Co. (NYSE:SPHR) and ****** e Exploration Technologies (SpaceX) were added as more idiosyncratic growth opportunities. Sphere is creating a new category of immersive live entertainment, where we believe premium in-person experiences may become more valuable as digital content becomes increasingly abundant. Its Las Vegas venue combines live events, original content, and proprietary technology, creating the potential for high utilization and attractive venue-level economics. Over time, the investment case depends on Sphere's ability to scale beyond Las Vegas through additional venues, licensing, and high-margin content monetization."
Sphere Entertainment Co. (NYSE:SPHR) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 1 hedge fund portfolios held Sphere Entertainment Co. (NYSE:SPHR) at the end of the second quarter, which was 2 in the previous quarter. While we acknowledge the potential of Sphere Entertainment Co. (NYSE:SPHR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#NYSE #s

Nvidia is further cementing its position as a **** an of the AI age by forecasting a 70% revenue increase in the fiscal year ending Jan. 2028. Wall Street **** ysts believe that's staggeringly optimistic.
Mizuho **** yst Daniel O'Regan labeled the Nvidia forecast as "shockingly bullish" in a note to clients, according to Marketwatch. He added that now investors are scrutinizing whether that's due to **** eX enlisting Nvidia's chip products to help it clinch its goal of deploying 10 gigawatts of computing power at the end of next year.
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#year #SpaceX

Shares of Tesla (NASDAQ: TSLA) stepped on the gas Monday morning, gaining as much as 4.9% in early trading. As of 11:22 a.m. ET, the stock was still up 4.5%.
The catalyst that sent the electric vehicle (EV) specialist higher was a weekend missive from CEO Elon Musk.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a post on X this weekend, Musk replied to a post about plans by **** e Exploration Technologies (NASDAQ: SPCX), aka **** eX, to manufacture its own gas turbine blades to remove one bottleneck in data center construction. He noted that both **** eX and Tesla were "each building 100 gigawatts per year of solar production capacity as fast as possible," but that the process would take several years.
Natural gas would be needed to fill the gap in the interim, but the "limiting factor" on current production is the time-intensive process of casting gas turbine blades. "By doing in-house casting at **** eX, we can accelerate [natural] gas turbines coming online by up to 18 months, which is a profound game-changer."

#NVIDIA #SpaceX #musk #natural

(Bloomberg) -- Dragoneer Investment Group dangled its prized stakes in OpenAI and ***** eX as it sought to raise $2 billion for a new fund with old ***** ets it wants to hang onto for longer.
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#dragoneer #group #SpaceX

SpaceX (SPCX) shares were in focus on Friday after CEO Elon Musk offered an extraordinarily bullish long-term revenue forecast for the newly public ****** e infrastructure and artificial intelligence (AI) company. The billionaire now believes ****** eX could generate about $3.5 trillion in annual revenue by 2033, seven years earlier than Morgan Stanley's comparable estimate.
SpaceX stock is currently down about 30% versus its year-to-date high.
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#SpaceX #years #spcx

SpaceX (SPCX) has set a launch date for its plan to run artificial intelligence (AI) data centers in orbit, and I think it deserves more attention. CEO Elon Musk said the company's first AI satellites, powered by Nvidia (NVDA) chips, will start launching in the final quarter of 2027, and he believes that the network will reach real scale in 2028. Each satellite is built to work like a data center in ****** e. Musk described the design as simpler, cheaper, denser, and lighter than a normal server rack on the ground. As I previously covered, ****** eX eventually wants to fly as many as 1 million of these satellites. The satellites are expected to handle heavy AI workloads from orbit, with Nvidia named as the exclusive chip supplier.
SpaceX is not the only company chasing orbital data centers. Startups like Starcloud are working toward the same goal. But ****** eX holds one advantage none of them can copy: It owns the rockets that rivals depend on to reach orbit.
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#satellites

OpenAI revoked Cursor's API access after **** eX's $60 billion acquisition, citing Musk's pattern of contract violations, though OpenAI served just 5% of traffic.
SpaceX's Colossus clusters, targeting 1 million H100 equivalents, now power Cursor's $4 billion revenue base, eliminating dependence on rival AI suppliers.
Analysts set a $219 average price target on **** eX, representing over 50% upside, as AI vertical integration mirrors the playbook that collapsed launch costs.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and **** eX didn't make the cut. Grab the names FREE today.
The long-running dispute between OpenAI CEO Sam Altman and Elon Musk has simmered for years, rooted in Musk's exit from the AI lab he co-founded and his subsequent legal and public challenges over its direction. That rivalry just moved from boardroom barbs to operational consequences.

#openai #grab #altman

A ******* eX rocket carrying NASA's new Nancy Grace Roman ******* e Telescope blasted off the launch pad at Kennedy ******* e Center on Sunday morning. The new state-of-the-art telescope is more powerful than the Hubble and James Webb telescopes and is expected to revolutionize what we know about the universe.

#SpaceX #nancy #grace #center

One of the most anticipated IPOs in a long time, ****** e Exploration Technologies (NASDAQ: SPCX), went public in mid-June, shattering records for new issues. ****** eX raised $86 billion in total from its IPO, valuing the company at about $1.77 trillion.
Now that ****** eX is a publicly traded company, institutional investors are required to disclose any stakes in the company on their quarterly 13F filings. Form 13F shows publicly traded U.S. stock positions held by institutional investors with more than $100 million under management at the end of each quarter, and they must be filed within 45 days of the end of each quarter. That means Aug. 14 revealed exactly which big institutional investors held ****** eX shares at the end of the quarter and how much they owned.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The so-called "smart money" is overweight in ****** eX relative to the total market. Should small retail investors join in?
SpaceX stock appeared in 1,932 13F filings last quarter. The total value held by institutional investors was $611 billion. Goldman Sachs ****** ysts found ****** eX was widely held among hedge fund managers, and mutual funds as a group were overweight in the stock. Pension funds and endowments also owned significant stakes in the ****** e stock. And 13F filers with ****** eX in their reports included several early investors that held massive stakes in the company.

#held #total #NVIDIA

SpaceX's first orbital data center is now due to launch in the fourth quarter of 2027 — about a year earlier than the company told investors when it went public.
The company had earlier noted plans to start deploying satellites "as early as 2028" in its initial May Prospectus. Then on the company's first earnings call on Aug. 4, Musk said launches would start next year. And on Aug. 24 he put a quarter on it: "SpaceX, in partnership with Nvidia, has designed a ******* e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year, with significant scale in 2028," he wrote on X.
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On August 14, 2026, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) disclosed that its stake in ******* e Exploration Technologies Corp. (NASDAQ:SPCX) was worth about $94 billion as of June 30, 2026, more than 100 times its original $900 million investment from 2015. It is making Alphabet by far ******* eX's largest single institutional shareholder following the company's June initial public offering.
Alphabet Inc. (NASDAQ:GOOGL)'s ******* eX stake is now one of the most lucrative early-stage bets in tech history. A $900 million check from 2015 is worth roughly $94 billion, a gain that dwarfs Alphabet's next-largest disclosed rival holder, Saudi Arabia's Public Investment Fund, whose 154.1 million shares were worth $26.3 billion at the same date. That scale validates Alphabet's willingness to make patient, outsized bets outside its core search business, a track record that could matter the next time Alphabet weighs a similarly bold bet.
Space Exploration Technologies Corp. (NASDAQ:SPCX)'s trading action suggests institutional demand is holding up despite the pullback. The stock got "a fresh jolt of buying" when fears about its first lockup expiry proved unfounded, Interactive Brokers strategist Steve Sosnick told Reuters. It remains one of the most actively traded names among the firm's customers. That kind of resilience right after a lockup, often a moment when early holders dump shares, signals ******* eX's shareholder base isn't rushing for the exits.
SpaceX's ownership base extends well beyond Alphabet, which reduces reliance on any single backer's continued conviction. Reuters' filing review found Fidelity, Saudi Arabia's PIF, Hancock Prospecting, Brookfield, and other major institutions all disclosing sizable stakes. That breadth shows professional investors broadly, not just Alphabet, are underwriting ******* eX's valuation.
Alphabet Inc. (NASDAQ:GOOGL)'s headline number is already stale and shrinking. The stake would be worth about $77.9 billion at ******* eX's August 13 price, Reuters reported, roughly $16 billion below the June 30 figure used in the disclosure, since regulatory filings run on a 45-day lag. Now that ******* eX is public, Alphabet's stake must be marked to market. It means ******* eX's own stock swings could show up as real volatility in Alphabet's reported earnings going forward, a new risk that did not exist while the investment sat private.

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