4 days ago
SpaceX's (SPCX) goal of turning its Starlink service into a major US mobile carrier is one step closer to becoming a reality.
On Wednesday, Qualcomm (QCOM) announced that ***** eX has selected its Dragonwing Cellular Infrastructure platforms to power Starlink Mobile's nationwide terrestrial 5G cellular network.
Starlink already has the largest satellite-based network, and the ground-based stations will allow it to better compete with AT&T (T), T-Mobile (TMUS), and Verizon (VZ).
Last month, the company announced an agreement to purchase licenses for 800 MHz spectrum.
"While Starlink Mobile's global 2 GHz mid-band spectrum will provide high-bandwidth capacity in the United States, this new low-band spectrum will provide a coverage layer that ensures Starlink Mobile's signal penetrates through obstacles, such as walls, and can provide service to customers' devices even when they are in buildings," the company said at the time.
#mobile #network #company
On Wednesday, Qualcomm (QCOM) announced that ***** eX has selected its Dragonwing Cellular Infrastructure platforms to power Starlink Mobile's nationwide terrestrial 5G cellular network.
Starlink already has the largest satellite-based network, and the ground-based stations will allow it to better compete with AT&T (T), T-Mobile (TMUS), and Verizon (VZ).
Last month, the company announced an agreement to purchase licenses for 800 MHz spectrum.
"While Starlink Mobile's global 2 GHz mid-band spectrum will provide high-bandwidth capacity in the United States, this new low-band spectrum will provide a coverage layer that ensures Starlink Mobile's signal penetrates through obstacles, such as walls, and can provide service to customers' devices even when they are in buildings," the company said at the time.
#mobile #network #company
8 days ago
Charlie Munger spent half a century lecturing investors on the psychology of their own mistakes. A month before he died, he admitted to one of the most common mistakes. Asked on the Acquired podcast how his investment in Hyundai had worked out, Munger said: "I lost money. Not much because I was stubborn. I held out until it got back to almost where I paid for it and then I sold it."
That sentence describes, almost word for word, the behavior behavioral economists call the disposition effect: the tendency to sell winners too early and hold losers too long, waiting for a stock to return to what you paid before letting it go. Hersh Shefrin and Meir Statman named it in 1985, and Terrance Odean documented it across thousands of retail brokerage accounts in a 1998 Journal of Finance paper. It is the mistake Munger's famous 1995 talk on the psychology of human misjudgment was written to help people avoid. Here he was, at 99, saying he had made it with his own money.
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#asked
That sentence describes, almost word for word, the behavior behavioral economists call the disposition effect: the tendency to sell winners too early and hold losers too long, waiting for a stock to return to what you paid before letting it go. Hersh Shefrin and Meir Statman named it in 1985, and Terrance Odean documented it across thousands of retail brokerage accounts in a 1998 Journal of Finance paper. It is the mistake Munger's famous 1995 talk on the psychology of human misjudgment was written to help people avoid. Here he was, at 99, saying he had made it with his own money.
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'I Still Live A Great Life': Floyd Mayweather Says a Man 'Acting Like He Was A Friend' Stole $200 Million From Him
MRVL Stock Sinks as Marvell Technology Reportedly Considers Acquiring Lumentum
#asked
1 month ago
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
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
1 month ago
While Shivon Zilis shared the news of her breakup with Elon Musk, the tech billionaire went on a posting spree on X.
Zilis — an executive at Musk's tech company Neuralink and the mother of four of his children — posted on X at 10:07 a.m. ET, sharing a lengthy explanation surrounding the breakup.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis began.
Musk, meanwhile, neither responded to Zilis's post nor wrote one of his own about the split.
Instead, he posted multiple times about his companies ****** eX, Starlink, and Tesla, while also welcoming Paramount Skydance CEO David Ellison to X — the social media platform he bought for $44 billion in 2022.
#breakup #neuralink
Zilis — an executive at Musk's tech company Neuralink and the mother of four of his children — posted on X at 10:07 a.m. ET, sharing a lengthy explanation surrounding the breakup.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis began.
Musk, meanwhile, neither responded to Zilis's post nor wrote one of his own about the split.
Instead, he posted multiple times about his companies ****** eX, Starlink, and Tesla, while also welcoming Paramount Skydance CEO David Ellison to X — the social media platform he bought for $44 billion in 2022.
#breakup #neuralink
2 months ago
Musk predicts Starlink (SPCX) could carry a majority of global internet within 10 years, powered by a 100x bandwidth increase from V3 satellites.
Enterprise revenue surged 108%, fueled by airline deals with American Airlines (AAL) and Southwest (LUV) and over $6 billion in Starshield contracts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and ****** eX made the cut. Enter your email to see the other nine names and why SPCX earned its spot. The report is free. Enter your email and see the full list.
On the August 4, 2026 earnings call, ****** eX (NASDAQ:SPCX) chief executive Elon Musk predicted Starlink could carry the bulk of global internet traffic within 10 years, driven by a next-generation satellite that multiplies delivered bandwidth dramatically.
This morning, in a post on X, he expanded on just how big that could be:
#starlink #enter #internet
Enterprise revenue surged 108%, fueled by airline deals with American Airlines (AAL) and Southwest (LUV) and over $6 billion in Starshield contracts.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and ****** eX made the cut. Enter your email to see the other nine names and why SPCX earned its spot. The report is free. Enter your email and see the full list.
On the August 4, 2026 earnings call, ****** eX (NASDAQ:SPCX) chief executive Elon Musk predicted Starlink could carry the bulk of global internet traffic within 10 years, driven by a next-generation satellite that multiplies delivered bandwidth dramatically.
This morning, in a post on X, he expanded on just how big that could be:
#starlink #enter #internet
2 months ago
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
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
2 months ago
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
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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Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
#NVIDIA #SpaceX #much #still
2 months ago
SPCX trades at $151.89, up 5.86%, as Musk claims next-gen V3 satellites will push Starlink's total bandwidth 100x above today's levels.
Musk argues that even if revenue per bit drops tenfold, the V3 upgrade still produces a 10x increase in Starlink's total revenue.
Starlink's ARPU has already fallen from $85 to $66, and roughly 1,000 V3 satellites must launch before service meaningfully improves, expected Q2 next year.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and **** eX made the cut. Enter your email to see the other nine names and why SPCX earned its spot. The report is free. Enter your email and see the full list.
Elon Musk used a post on X to argue that the next generation of Starlink satellites now beginning deployment will eventually push the constellation's total bandwidth to more than 100 times what the roughly 11,000 satellites currently in orbit deliver today. That is a capability claim from the company's chief executive, not audited performance data, and investors in **** eX (NASDAQ:SPCX) should treat it that way. Still, it is the kind of claim that reframes how you think about the biggest revenue engine inside the business.
#musk #satellites #still #push
Musk argues that even if revenue per bit drops tenfold, the V3 upgrade still produces a 10x increase in Starlink's total revenue.
Starlink's ARPU has already fallen from $85 to $66, and roughly 1,000 V3 satellites must launch before service meaningfully improves, expected Q2 next year.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and **** eX made the cut. Enter your email to see the other nine names and why SPCX earned its spot. The report is free. Enter your email and see the full list.
Elon Musk used a post on X to argue that the next generation of Starlink satellites now beginning deployment will eventually push the constellation's total bandwidth to more than 100 times what the roughly 11,000 satellites currently in orbit deliver today. That is a capability claim from the company's chief executive, not audited performance data, and investors in **** eX (NASDAQ:SPCX) should treat it that way. Still, it is the kind of claim that reframes how you think about the biggest revenue engine inside the business.
#musk #satellites #still #push
2 months ago
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.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
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
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.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
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
2 months ago
Alluvium ****** et Management, an ****** et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a US-based broadband connectivity company. On September 15, 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $141.20 per share. Over the past month, Charter Communications, Inc. (NASDAQ:CHTR) declined 7.39% and its shares lost 47.32% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $24.73 billion and its stock has traded within a 52-week range of $111.55 and $285.82.
Conventum – Alluvium Global Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications, Inc. (NASDAQ:CHTR) and its tracking stock Liberty Broadband fell 34.1% and 33.7% following the release of Charter's results in April. It seems the market is understandably concerned with the average revenue per user (ARPU) being flat, and the continual loss of internet customers. Competition is intense from both fixed wireless providers and low earth orbit satellite (Starlink). Compared to Charter's cables, these are higher cost and more capacity constrained. Charter's flat ARPU is the result of its decision to provide a demonstrably better offering at a low price - so why is it losing so many internet customers? We do not know the answer. We do know though that it is growing its mobile subscribers at a much faster rate than it is losing its internet customers, and more than half of its residential customers subscribe to more than one product. We also see positives stemming from the pending ****** acquisition, and indeed management increased expected synergies by 60%. It seems to us that the broader market has extrapolated current conditions to perpetuity..." (Click here to read the full text)
#fund
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a US-based broadband connectivity company. On September 15, 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $141.20 per share. Over the past month, Charter Communications, Inc. (NASDAQ:CHTR) declined 7.39% and its shares lost 47.32% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $24.73 billion and its stock has traded within a 52-week range of $111.55 and $285.82.
Conventum – Alluvium Global Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications, Inc. (NASDAQ:CHTR) and its tracking stock Liberty Broadband fell 34.1% and 33.7% following the release of Charter's results in April. It seems the market is understandably concerned with the average revenue per user (ARPU) being flat, and the continual loss of internet customers. Competition is intense from both fixed wireless providers and low earth orbit satellite (Starlink). Compared to Charter's cables, these are higher cost and more capacity constrained. Charter's flat ARPU is the result of its decision to provide a demonstrably better offering at a low price - so why is it losing so many internet customers? We do not know the answer. We do know though that it is growing its mobile subscribers at a much faster rate than it is losing its internet customers, and more than half of its residential customers subscribe to more than one product. We also see positives stemming from the pending ****** acquisition, and indeed management increased expected synergies by 60%. It seems to us that the broader market has extrapolated current conditions to perpetuity..." (Click here to read the full text)
#fund
2 months ago
Alluvium **** et Management, an **** et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a US-based broadband connectivity company. On September 15, 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $141.20 per share. Over the past month, Charter Communications, Inc. (NASDAQ:CHTR) declined 7.39% and its shares lost 47.32% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $24.73 billion and its stock has traded within a 52-week range of $111.55 and $285.82.
Conventum – Alluvium Global Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications, Inc. (NASDAQ:CHTR) and its tracking stock Liberty Broadband fell 34.1% and 33.7% following the release of Charter's results in April. It seems the market is understandably concerned with the average revenue per user (ARPU) being flat, and the continual loss of internet customers. Competition is intense from both fixed wireless providers and low earth orbit satellite (Starlink). Compared to Charter's cables, these are higher cost and more capacity constrained. Charter's flat ARPU is the result of its decision to provide a demonstrably better offering at a low price - so why is it losing so many internet customers? We do not know the answer. We do know though that it is growing its mobile subscribers at a much faster rate than it is losing its internet customers, and more than half of its residential customers subscribe to more than one product. We also see positives stemming from the pending **** acquisition, and indeed management increased expected synergies by 60%. It seems to us that the broader market has extrapolated current conditions to perpetuity..." (Click here to read the full text)
#fund
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a US-based broadband connectivity company. On September 15, 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $141.20 per share. Over the past month, Charter Communications, Inc. (NASDAQ:CHTR) declined 7.39% and its shares lost 47.32% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $24.73 billion and its stock has traded within a 52-week range of $111.55 and $285.82.
Conventum – Alluvium Global Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications, Inc. (NASDAQ:CHTR) and its tracking stock Liberty Broadband fell 34.1% and 33.7% following the release of Charter's results in April. It seems the market is understandably concerned with the average revenue per user (ARPU) being flat, and the continual loss of internet customers. Competition is intense from both fixed wireless providers and low earth orbit satellite (Starlink). Compared to Charter's cables, these are higher cost and more capacity constrained. Charter's flat ARPU is the result of its decision to provide a demonstrably better offering at a low price - so why is it losing so many internet customers? We do not know the answer. We do know though that it is growing its mobile subscribers at a much faster rate than it is losing its internet customers, and more than half of its residential customers subscribe to more than one product. We also see positives stemming from the pending **** acquisition, and indeed management increased expected synergies by 60%. It seems to us that the broader market has extrapolated current conditions to perpetuity..." (Click here to read the full text)
#fund
2 months ago
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
"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
2 months ago
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
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
2 months ago
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
"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
2 months ago
In its S-1 filing for its IPO, Elon Musk's ******* eX (SPCX) had earmarked a market opportunity of $28 trillion. Out of this, the company, most popularly known for its rockets and Starlink broadband services, attributed more than 90% of this opportunity to AI. Some skeptics raised concerns; however, there was no stopping Musk as the company's data center buildout continues in full swing, and compute deals with the likes of Alphabet's (GOOGL) (GOOG) Google and Anthropic give ******* eX the much-needed AI street cred.
Yet, when Musk is involved, nothing is as smooth as it seems.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#deal #Stock #goog
Yet, when Musk is involved, nothing is as smooth as it seems.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#deal #Stock #goog
2 months ago
Napco Security Technologies (NASDAQ:NSSC) held its fiscal fourth quarter 2026 earnings call on August 24, and the numbers it reported were close to a best-case scenario in the company's own history. Net revenue hit a quarterly record of $55.8 million, full-year revenue crossed the $200 million mark for the first time, and the company raised its dividend while sitting on $138 million in cash and zero debt. Buried in the same call, though, is a $16 million litigation charge still working its way through the income statement.
The engine under all of this is Napco's StarLink radio business, which reports monitoring fees the way a cable company reports subscriptions. Recurring service revenue reached $25.3 million in the quarter, up 12.9%, and carried a gross margin of 90.1%. Based on July 2026 activity, the company said its annualized recurring revenue run rate is now around $103 million. Starlink radio sales grew 40% year over year and 30% sequentially in the quarter, which CEO Kevin S. Buchel called one of the highest growth rates in company history, adding, "Radio sold today becomes recurring revenue tomorrow." That growth has a long runway attached, since Buchel said the shift away from copper phone lines will keep running until the end of the decade across more than 2 million buildings still needing to switch to cellular communicators.
The rest of the business held up its end too. Intrusion and access control sales rose 20.9% in the quarter, powered by a 35.8% jump in intrusion products including StarLink radios, and door locking revenue climbed 11.1% for the full year on a 19.7% increase in Alarm Lock sales. Adjusted EBITDA for the quarter grew 44.3% to $20.6 million, and full-year non-GAAP diluted EPS rose 34.5% to $1.60. Free cash flow reached $59.2 million for the year, funding a dividend increase to $0.17 per share, a 13.3% raise payable Oct. 2, 2026, while the balance sheet carried $138 million in cash and marketable securities as of June 30, 2026, and no debt at all.
The headline profit numbers hide a rougher full-year picture in one spot. A $16 million litigation settlement recorded in the fiscal third quarter pulled full-year operating income down 1.3% to $45.6 million, even though quarterly operating income jumped 52.5%. Some of the quarter's gross margin expansion to 61.3% also came from a source that will not repeat indefinitely, since about 600 basis points of it was tariff refunds tied to the American Infrastructure and Industrial Power Act. CFO Andrew J. Vuono also flagged that data center expansion is pushing up the cost of electronic parts, even as the company says it can still ship on time.
#year
The engine under all of this is Napco's StarLink radio business, which reports monitoring fees the way a cable company reports subscriptions. Recurring service revenue reached $25.3 million in the quarter, up 12.9%, and carried a gross margin of 90.1%. Based on July 2026 activity, the company said its annualized recurring revenue run rate is now around $103 million. Starlink radio sales grew 40% year over year and 30% sequentially in the quarter, which CEO Kevin S. Buchel called one of the highest growth rates in company history, adding, "Radio sold today becomes recurring revenue tomorrow." That growth has a long runway attached, since Buchel said the shift away from copper phone lines will keep running until the end of the decade across more than 2 million buildings still needing to switch to cellular communicators.
The rest of the business held up its end too. Intrusion and access control sales rose 20.9% in the quarter, powered by a 35.8% jump in intrusion products including StarLink radios, and door locking revenue climbed 11.1% for the full year on a 19.7% increase in Alarm Lock sales. Adjusted EBITDA for the quarter grew 44.3% to $20.6 million, and full-year non-GAAP diluted EPS rose 34.5% to $1.60. Free cash flow reached $59.2 million for the year, funding a dividend increase to $0.17 per share, a 13.3% raise payable Oct. 2, 2026, while the balance sheet carried $138 million in cash and marketable securities as of June 30, 2026, and no debt at all.
The headline profit numbers hide a rougher full-year picture in one spot. A $16 million litigation settlement recorded in the fiscal third quarter pulled full-year operating income down 1.3% to $45.6 million, even though quarterly operating income jumped 52.5%. Some of the quarter's gross margin expansion to 61.3% also came from a source that will not repeat indefinitely, since about 600 basis points of it was tariff refunds tied to the American Infrastructure and Industrial Power Act. CFO Andrew J. Vuono also flagged that data center expansion is pushing up the cost of electronic parts, even as the company says it can still ship on time.
#year
2 months ago
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Space Exploration Technologies Corp. CEO Elon Musk says the company will provide discounted access to its Starlink satellite internet services to residents living close to the upcoming Starbase launch site in Louisiana.
In a post on X on Thursday, the official Starlink handle said that residents of Vermillion Parish would be eligible for discounted prices on the Residential plan. "We are applying a 50% discount to Starlink Residential service plans," Starlink said, according to the official its official website linked in the post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#residential #residents #exploration
Space Exploration Technologies Corp. CEO Elon Musk says the company will provide discounted access to its Starlink satellite internet services to residents living close to the upcoming Starbase launch site in Louisiana.
In a post on X on Thursday, the official Starlink handle said that residents of Vermillion Parish would be eligible for discounted prices on the Residential plan. "We are applying a 50% discount to Starlink Residential service plans," Starlink said, according to the official its official website linked in the post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#residential #residents #exploration
2 months ago
At first blush, there's nothing connecting the businesses of **** e Exploration Technology (NASDAQ: SPCX) and Hershey (NYSE: HSY). One makes **** ecraft, AI technology, and operates the Starlink satellite telecommunications network. The other makes candy bars. But when you dig into the ownership structure, you start to see the connection. Here's what you can learn about **** eX from Hershey.
The CEO is likely to have the most influence on a business, but there are limitations. That's because the CEO actually works for the board of directors. And the board of directors is hired by the shareholders. So, if anything really big is going to take place, such as a merger or acquisition, the largest shareholders will have an important say. In the case of consumer staples maker Hershey, the largest shareholder is The Hershey Foundation.
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 Hershey Foundation has said no to multiple takeover offers. The foundation uses the dividends it collects from owning Hershey stock to support its philanthropic endeavors, so it is acting to protect the reliable income stream it receives. That may or may not be in the best interest of shareholders, noting that a buyout could lead to a sizable capital gain. But the real takeaway is that Hershey is beholden to The Hershey Foundation in important ways, as the foundation controls 80% of the company's voting power.
Elon Musk controls 48.4% of **** eX's voting power. That's not as much control as The Hershey Foundation has at Hershey, but it is close enough to 50.1% to give him effective control over all decisions. Add in that he's the CEO, and Musk's position of power gets even stronger. If you own **** eX, you are effectively investing alongside Elon Musk. What he wants to do is almost certainly going to get done. Mergers, acquisitions, and major capital investments are his to decide because it would be hard, if not impossible, for the board or shareholders to muster the votes needed to oppose Musk.
#NVIDIA
The CEO is likely to have the most influence on a business, but there are limitations. That's because the CEO actually works for the board of directors. And the board of directors is hired by the shareholders. So, if anything really big is going to take place, such as a merger or acquisition, the largest shareholders will have an important say. In the case of consumer staples maker Hershey, the largest shareholder is The Hershey Foundation.
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 Hershey Foundation has said no to multiple takeover offers. The foundation uses the dividends it collects from owning Hershey stock to support its philanthropic endeavors, so it is acting to protect the reliable income stream it receives. That may or may not be in the best interest of shareholders, noting that a buyout could lead to a sizable capital gain. But the real takeaway is that Hershey is beholden to The Hershey Foundation in important ways, as the foundation controls 80% of the company's voting power.
Elon Musk controls 48.4% of **** eX's voting power. That's not as much control as The Hershey Foundation has at Hershey, but it is close enough to 50.1% to give him effective control over all decisions. Add in that he's the CEO, and Musk's position of power gets even stronger. If you own **** eX, you are effectively investing alongside Elon Musk. What he wants to do is almost certainly going to get done. Mergers, acquisitions, and major capital investments are his to decide because it would be hard, if not impossible, for the board or shareholders to muster the votes needed to oppose Musk.
#NVIDIA
2 months ago
Cerebras Systems (NASDAQ: CBRS) and **** e Exploration Technologies (NASDAQ: SPCX), known as **** eX, are two prominent companies that went public in 2026. Cerebras started trading on May 14, while **** eX followed on June 12.
Cerebras builds wafer-scale artificial intelligence (AI) systems (computers built around a single large processor) and sells access to its computing power through the cloud. **** eX operates reusable rockets, the Starlink satellite network, and an AI segment that includes the Grok large language model and AI computing infrastructure.
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 »
Cerebras is much smaller than **** eX in terms of market capitalization. However, its cloud revenue is growing rapidly at a time when more AI spending is shifting from training models toward inference or running them in production.
SpaceX has already generated nearly $2.6 billion in revenue from the AI business in the second quarter of fiscal 2026 (ending June 30). But it also has its profitable Starlink-driven Connectivity business to help fund that expansion.
#SpaceX #NASDAQ #starlink #known
Cerebras builds wafer-scale artificial intelligence (AI) systems (computers built around a single large processor) and sells access to its computing power through the cloud. **** eX operates reusable rockets, the Starlink satellite network, and an AI segment that includes the Grok large language model and AI computing infrastructure.
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 »
Cerebras is much smaller than **** eX in terms of market capitalization. However, its cloud revenue is growing rapidly at a time when more AI spending is shifting from training models toward inference or running them in production.
SpaceX has already generated nearly $2.6 billion in revenue from the AI business in the second quarter of fiscal 2026 (ending June 30). But it also has its profitable Starlink-driven Connectivity business to help fund that expansion.
#SpaceX #NASDAQ #starlink #known
3 months ago
SpaceX (NASDAQ: SPCX), Tesla (NASDAQ: TSLA), and Intel (NASDAQ: INTC) recently broke ground on the Terafab, the world's largest vertically integrated chipmaking factory. The massive plant is located in Grimes County, approximately 70 miles outside of Houston.
The initial phase of the Terafab will cost $16.8 billion, while its total costs across all phases could surpass $119 billion. Upon completion, the 100-million-square-foot facility will meet ******* eX and Tesla's projected computing demand of more than 1 terawatt per year.
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 »
SpaceX and Tesla will fund the plant's construction, while Intel will support its development with its licensed chipmaking process and foundry operations. ******* eX and Tesla haven't disclosed the exact dollar-for-dollar equity split for the project, but ******* eX will absorb a larger portion of those costs because it will claim more of those chips. Approximately 75% of the Terafab's chips will be allocated to ******* eX's orbital data centers and satellite constellations, while the remaining 25% will power Tesla's Optimus robots, self-driving vehicles, and Cybercabs.
Those chips could help ******* eX achieve Elon Musk's ambitious goal of becoming the first company to generate over $1 trillion in annual revenue by 2030. To achieve that goal, ******* eX would need its Starlink, rocket launch, and AI businesses to grow exponentially.
#tesla #Intel #approximately
The initial phase of the Terafab will cost $16.8 billion, while its total costs across all phases could surpass $119 billion. Upon completion, the 100-million-square-foot facility will meet ******* eX and Tesla's projected computing demand of more than 1 terawatt per year.
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 »
SpaceX and Tesla will fund the plant's construction, while Intel will support its development with its licensed chipmaking process and foundry operations. ******* eX and Tesla haven't disclosed the exact dollar-for-dollar equity split for the project, but ******* eX will absorb a larger portion of those costs because it will claim more of those chips. Approximately 75% of the Terafab's chips will be allocated to ******* eX's orbital data centers and satellite constellations, while the remaining 25% will power Tesla's Optimus robots, self-driving vehicles, and Cybercabs.
Those chips could help ******* eX achieve Elon Musk's ambitious goal of becoming the first company to generate over $1 trillion in annual revenue by 2030. To achieve that goal, ******* eX would need its Starlink, rocket launch, and AI businesses to grow exponentially.
#tesla #Intel #approximately
3 months ago
AT&T (NYSE: T) is part of a cellphone oligopoly in the United States. Essentially, the telecom giant and its main competitors dominate the sector, making it difficult for a newcomer to break in. However, that hasn't stopped companies from trying, including cable operators offering bundled services and, perhaps, even **** e Exploration Corporation's (NASDAQ: SPCX) Starlink. Here's how investors should view AT&T's ability to maintain its well-above-market 4.4% dividend yield as more companies try to break into the lucrative cellphone market.
The first thing to consider when looking at AT&T's business is the competitive landscape. It has always been intense, as the members of the cellphone oligopoly fight tooth and nail for market share. There's a good reason for that, however: customer revenues tend to be annuity-like. That provides a solid foundation for paying the dividend. And while the involvement of cable companies and **** eX increases competition, AT&T should be able to hold its own as a business.
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 »
That big picture view of the situation, however, doesn't mean it will be able to continue paying its dividend at the current level. Most investors **** sing dividend support will look to the payout ratio to determine whether the company can continue paying nearly $2 billion in dividends each quarter. The 36% trailing 12-month payout ratio suggests the answer is yes.
But that $2 billion in dividends number came from the cash flow statement, not the income statement, where earnings live. This is because earnings aren't what pay the dividend; cash flow is. When you compare the dividend to cash flow, using the cash dividend payout ratio, you get a slightly lower coverage rate of 45%. That, however, still looks like ample coverage.
#NVIDIA
The first thing to consider when looking at AT&T's business is the competitive landscape. It has always been intense, as the members of the cellphone oligopoly fight tooth and nail for market share. There's a good reason for that, however: customer revenues tend to be annuity-like. That provides a solid foundation for paying the dividend. And while the involvement of cable companies and **** eX increases competition, AT&T should be able to hold its own as a business.
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 »
That big picture view of the situation, however, doesn't mean it will be able to continue paying its dividend at the current level. Most investors **** sing dividend support will look to the payout ratio to determine whether the company can continue paying nearly $2 billion in dividends each quarter. The 36% trailing 12-month payout ratio suggests the answer is yes.
But that $2 billion in dividends number came from the cash flow statement, not the income statement, where earnings live. This is because earnings aren't what pay the dividend; cash flow is. When you compare the dividend to cash flow, using the cash dividend payout ratio, you get a slightly lower coverage rate of 45%. That, however, still looks like ample coverage.
#NVIDIA
3 months ago
Space Exploration Technologies Corp. (NASDAQ:SPCX) beat Wall Street's revenue estimates in its first earnings report since its record June IPO. The stock still fell as much as 8% in extended trading anyway, as capital expenditures soared past what ******* ysts expected.
Revenue came in at $7.81 billion, up 92% from a year earlier and well above the $6.93 billion ******* ysts expected. ******* eX also lost less money than forecast, 9 cents a share versus an expected 26 cents. However, capital spending jumped more than sixfold to $18.4 billion, with $15.8 billion of that going to AI alone, more than double the prior quarter and above the $13.22 billion ******* ysts expected.
Musk also pledged that ******* eX would build its AI data centers exclusively with Nvidia chips. NVIDIA Corporation (NASDAQ:NVDA) shares rose about 2% on the news even as ******* eX's own stock fell.
This makes you wonder: does a genuine beat matter less than fears that ******* eX's AI ambitions keep getting more expensive, even as the company insists the spending already pays for itself?
Starlink revenue jumped to $4.29 billion, up 66% from a year earlier, with operating income of $1.66 billion. That proves the core connectivity business is genuinely profitable and still growing fast. AI revenue surged too, up roughly 250% to $2.56 billion, beating estimates.
#billion #expected #NVIDIA #Stock
Revenue came in at $7.81 billion, up 92% from a year earlier and well above the $6.93 billion ******* ysts expected. ******* eX also lost less money than forecast, 9 cents a share versus an expected 26 cents. However, capital spending jumped more than sixfold to $18.4 billion, with $15.8 billion of that going to AI alone, more than double the prior quarter and above the $13.22 billion ******* ysts expected.
Musk also pledged that ******* eX would build its AI data centers exclusively with Nvidia chips. NVIDIA Corporation (NASDAQ:NVDA) shares rose about 2% on the news even as ******* eX's own stock fell.
This makes you wonder: does a genuine beat matter less than fears that ******* eX's AI ambitions keep getting more expensive, even as the company insists the spending already pays for itself?
Starlink revenue jumped to $4.29 billion, up 66% from a year earlier, with operating income of $1.66 billion. That proves the core connectivity business is genuinely profitable and still growing fast. AI revenue surged too, up roughly 250% to $2.56 billion, beating estimates.
#billion #expected #NVIDIA #Stock
3 months ago
Comcast has attached a new service to its Xfinity internet plans as it faces mounting customer losses.
The company revealed in its most recent earnings report that it lost 167,000 U.S. broadband customers in the second quarter of this year. Also, its revenue in this segment dropped by 5.5% year over year.
The exodus of customers follows last year's Xfinity price increases. It also comes as Comcast faces heightened broadband competition from T-Mobile, AT&T and Verizon, which have been attracting customers through fiber and fixed wireless internet services. ******* eX's Starlink satellite internet service is also becoming a threat, with over 9 million customers.
"Fiber continues to expand, fixed wireless remains aggressive, satellite is emerging as another alternative and convergence-based promotional activity remains elevated across the industry," said Comcast Chief Financial Officer Jason Armstrong on an earnings call in July. "We are operating under the ******* umption that the market will remain intensely competitive."
To help attract and retain internet customers, Comcast has launched its new Xfinity Shield platform, which offers two new tiers of advanced cybersecurity and home self-monitoring protection that can be added to internet plans, according to a recent press release.
#recent
The company revealed in its most recent earnings report that it lost 167,000 U.S. broadband customers in the second quarter of this year. Also, its revenue in this segment dropped by 5.5% year over year.
The exodus of customers follows last year's Xfinity price increases. It also comes as Comcast faces heightened broadband competition from T-Mobile, AT&T and Verizon, which have been attracting customers through fiber and fixed wireless internet services. ******* eX's Starlink satellite internet service is also becoming a threat, with over 9 million customers.
"Fiber continues to expand, fixed wireless remains aggressive, satellite is emerging as another alternative and convergence-based promotional activity remains elevated across the industry," said Comcast Chief Financial Officer Jason Armstrong on an earnings call in July. "We are operating under the ******* umption that the market will remain intensely competitive."
To help attract and retain internet customers, Comcast has launched its new Xfinity Shield platform, which offers two new tiers of advanced cybersecurity and home self-monitoring protection that can be added to internet plans, according to a recent press release.
#recent
3 months ago
In the second quarter of 2026, **** eX's (NASDAQ: SPCX) revenue surged 92% year over year to $7.8 billion, and it narrowed its net loss from $1.01 billion to $541 million. However, its total capex surged more than sixfold year over year, from $2.83 billion to $18.37 billion. It allocated $15.8 billion of that capex to expanding its AI business. Let's see where all that money went.
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 »
SpaceX originally operated two main businesses: its Starlink satellite internet services and its rocket launch services. But in Feb. 2026, it acquired xAI -- which owns Grok, X, and its other AI **** ets -- in an all-stock transaction to form its new AI business. It also acquired the AI start-up Cursor earlier this month. Elon Musk believes its AI revenue will jump from $3.5 billion in 2025 to $700-$750 billion in 2030.
To sow the seeds for that expansion, **** eX spent most of its second-quarter capex on Nvidia's (NASDAQ: NVDA) data center GPUs and other AI accelerators. The rest was used to deploy, acquire, and build more high-power data centers to increase its active capacity from 1.4 GW today to its target of 10 GW by next year.
That would give it a lot more bandwidth to handle its multi-billion-dollar compute hosting contracts with external enterprise clients. However, the expansion of that unprofitable AI business could offset Starlink's profits and keep its bottom line in the red.
#billion
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 »
SpaceX originally operated two main businesses: its Starlink satellite internet services and its rocket launch services. But in Feb. 2026, it acquired xAI -- which owns Grok, X, and its other AI **** ets -- in an all-stock transaction to form its new AI business. It also acquired the AI start-up Cursor earlier this month. Elon Musk believes its AI revenue will jump from $3.5 billion in 2025 to $700-$750 billion in 2030.
To sow the seeds for that expansion, **** eX spent most of its second-quarter capex on Nvidia's (NASDAQ: NVDA) data center GPUs and other AI accelerators. The rest was used to deploy, acquire, and build more high-power data centers to increase its active capacity from 1.4 GW today to its target of 10 GW by next year.
That would give it a lot more bandwidth to handle its multi-billion-dollar compute hosting contracts with external enterprise clients. However, the expansion of that unprofitable AI business could offset Starlink's profits and keep its bottom line in the red.
#billion
3 months ago
SpaceX (SPCX) has quickly become one of the world's most valuable public companies, but investors buying its shares are not getting the same influence over the business that they would at most large corporations. Elon Musk owns a 48.4% economic stake in **** eX, yet the company's dual-class share structure gives him more than 82% of its voting power. In practical terms, that leaves **** eX's founder and CEO with overwhelming control over major corporate decisions.
For shareholders, that concentration of power cuts both ways. Musk has made clear that he wants **** eX to remain focused on long-term projects, from expanding Starlink and scaling its AI business to pursuing ambitions on the Moon and Mars. Having such extensive voting control gives him the freedom to make enormous long-term investments without worrying that shareholders dissatisfied with near-term performance could force a change in strategy or leadership. That freedom, however, also limits the ability of outside investors to influence how the company is run.
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#musk #Companies
For shareholders, that concentration of power cuts both ways. Musk has made clear that he wants **** eX to remain focused on long-term projects, from expanding Starlink and scaling its AI business to pursuing ambitions on the Moon and Mars. Having such extensive voting control gives him the freedom to make enormous long-term investments without worrying that shareholders dissatisfied with near-term performance could force a change in strategy or leadership. That freedom, however, also limits the ability of outside investors to influence how the company is run.
A $210 Billion Reason to Buy AMD Stock Here
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#musk #Companies
3 months ago
Retail investors were steadfast for nearly eight weeks after ******* e Exploration Technologies Corp (NASDAQ:SPCX) went public. Despite a 67% post-IPO rise, a sharp return to earth, and a stock that spent weeks trading below its debut price, mom-and-pop traders continued to buy. On August 7, that streak was finally broken.
According to data quoted by Reuters, individual investors sold a net $4.5 million in ******* e Exploration Technologies Corp (NASDAQ:SPCX) shares on August 7, marking the first day of net negative retail flows since the company's stock market debut on June 12. The timing is what makes the transition interesting. Just two days earlier, on August 5, ******* eX shares fell 13.6% following the company's first quarterly financial report as a publicly traded company, and retail investors responded by buying heavily, marking the fourth-largest single day of net retail purchases since the IPO. That earnings announcement was a mixed bag: ******* eX highlighted faster-than-expected returns from its AI infrastructure spending, though investors were concerned about how long the company's thriving Starlink satellite-internet operation would be able to fund those costly AI ambitions.
While Wall Street expressed concern about Starlink's financial flows supporting long-term AI objectives, Morgan Stanley ******* yst Adam Jonas reiterated an Overweight rating and a $300 price target on ******* e Exploration Technologies Corp (NASDAQ:SPCX). Jonas claimed that public markets undervalue ******* eX's broader AI ecosystem, citing early synergies between Grok and the Cursor as evidence of a combined real-time data, compute, and intelligence platform.
So the trend went as follows: stock plummets on earnings-day AI expenditure fears, retail buys the dip heavily, and then sells when the stock recovers to its IPO price. Sam North, an eToro market ******* yst, described the sequencing as telling. He observed that a shift from persistent buying to selling is rarely due to a single event, but rather to a combination of profit-taking, position fatigue, and investors reevaluating risk-reward. He said that the sale on August 7 appeared to be retail taking advantage of a share price rebound to take some money off the table, instead of a panicked withdrawal.
None of this indicates that retailers have abandoned ******* e Exploration Technologies Corp (NASDAQ:SPCX). The stock was still up around 2.4% in premarket trading on August 10 following the selling milestone, and one day of moderately negative flows after nearly two months of feverish buying is hardly a disaster. That said, for a company whose short public life has been defined almost completely by retail conviction outlasting institutional skepticism, the first break in that conviction, no matter how little, is worth monitoring.
#august #technologies #NASDAQ #investors
According to data quoted by Reuters, individual investors sold a net $4.5 million in ******* e Exploration Technologies Corp (NASDAQ:SPCX) shares on August 7, marking the first day of net negative retail flows since the company's stock market debut on June 12. The timing is what makes the transition interesting. Just two days earlier, on August 5, ******* eX shares fell 13.6% following the company's first quarterly financial report as a publicly traded company, and retail investors responded by buying heavily, marking the fourth-largest single day of net retail purchases since the IPO. That earnings announcement was a mixed bag: ******* eX highlighted faster-than-expected returns from its AI infrastructure spending, though investors were concerned about how long the company's thriving Starlink satellite-internet operation would be able to fund those costly AI ambitions.
While Wall Street expressed concern about Starlink's financial flows supporting long-term AI objectives, Morgan Stanley ******* yst Adam Jonas reiterated an Overweight rating and a $300 price target on ******* e Exploration Technologies Corp (NASDAQ:SPCX). Jonas claimed that public markets undervalue ******* eX's broader AI ecosystem, citing early synergies between Grok and the Cursor as evidence of a combined real-time data, compute, and intelligence platform.
So the trend went as follows: stock plummets on earnings-day AI expenditure fears, retail buys the dip heavily, and then sells when the stock recovers to its IPO price. Sam North, an eToro market ******* yst, described the sequencing as telling. He observed that a shift from persistent buying to selling is rarely due to a single event, but rather to a combination of profit-taking, position fatigue, and investors reevaluating risk-reward. He said that the sale on August 7 appeared to be retail taking advantage of a share price rebound to take some money off the table, instead of a panicked withdrawal.
None of this indicates that retailers have abandoned ******* e Exploration Technologies Corp (NASDAQ:SPCX). The stock was still up around 2.4% in premarket trading on August 10 following the selling milestone, and one day of moderately negative flows after nearly two months of feverish buying is hardly a disaster. That said, for a company whose short public life has been defined almost completely by retail conviction outlasting institutional skepticism, the first break in that conviction, no matter how little, is worth monitoring.
#august #technologies #NASDAQ #investors
3 months ago
Alphabet (GOOG, GOOGL) shares made headlines recently after the company's AI division saw a series of high-profile departures.
Gene Munster, managing partner at Deepwater ****** et Management, recently said on CNBC that the brain drain at Google should not be ignored, arguing that the departures of key AI researchers could have implications beyond the headlines. Munster said Google has seen about six major departures over the past three months and that the loss of talent could affect the company's culture of innovation and its ability to develop future AI models. He also pointed to signs that Gemini has started to slip in AI model rankings relative to competitors. He thinks these developments are not a positive trend.
At the same time, Munster highlighted significant improvements from Grok, saying he expects the AI model to potentially break into the top three models as new versions are released. Grok was developed by xAI and is integrated into X, while xAI is now part of ****** eX following ****** eX's acquisition of the AI company.
The market is figuring out ****** eX isn't just a ****** e company. The ****** e business contributed just 12% of Q2 revenue and ****** ysts think the contribution of ****** e may keep shrinking as other streams kick in. Connectivity (Starlink) brought in $4.29 billion, up 66% year over year, with 12 million subscribers, double last year's count. AI brought in $2.56 billion, up 247% year over year, boosted by a big Anthropic deal.
Musk guided to a $100 billion annualized revenue run rate by December, up from a Q2 run rate near $31 billion. If ****** eX hits it, the stock trades at 14x that figure and looks reasonable. Bulls also point to Musk's math on AI: if ****** eX can push AI compute capacity from 1.4 GW today to 15 GW by end of 2027 at $50 million per megawatt, that's $750 billion in annual AI revenue potential.
#grok
Gene Munster, managing partner at Deepwater ****** et Management, recently said on CNBC that the brain drain at Google should not be ignored, arguing that the departures of key AI researchers could have implications beyond the headlines. Munster said Google has seen about six major departures over the past three months and that the loss of talent could affect the company's culture of innovation and its ability to develop future AI models. He also pointed to signs that Gemini has started to slip in AI model rankings relative to competitors. He thinks these developments are not a positive trend.
At the same time, Munster highlighted significant improvements from Grok, saying he expects the AI model to potentially break into the top three models as new versions are released. Grok was developed by xAI and is integrated into X, while xAI is now part of ****** eX following ****** eX's acquisition of the AI company.
The market is figuring out ****** eX isn't just a ****** e company. The ****** e business contributed just 12% of Q2 revenue and ****** ysts think the contribution of ****** e may keep shrinking as other streams kick in. Connectivity (Starlink) brought in $4.29 billion, up 66% year over year, with 12 million subscribers, double last year's count. AI brought in $2.56 billion, up 247% year over year, boosted by a big Anthropic deal.
Musk guided to a $100 billion annualized revenue run rate by December, up from a Q2 run rate near $31 billion. If ****** eX hits it, the stock trades at 14x that figure and looks reasonable. Bulls also point to Musk's math on AI: if ****** eX can push AI compute capacity from 1.4 GW today to 15 GW by end of 2027 at $50 million per megawatt, that's $750 billion in annual AI revenue potential.
#grok
3 months ago
Sands Capital, an investment management company, released its "Sands Capital Technology Innovators Fund" Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for AI infrastructure. Information technology led the advance, with semiconductor and hardware companies accounting for most of the index's rise. The fund returned 26.9% (net) in the second quarter of 2026. The portfolio benefited from strong gains across memory, software infrastructure, cybersecurity, and other AI-related holdings, although its concentrated exposure to mega-cap chip designers and manufacturers weighed on relative performance as leadership broadened into CPUs, networking, and memory. Vertical software, internet, and financial holdings were modest detractors amid macro concerns and uncertainty over AI disruption. The fund remains focused on critical AI bottlenecks, including compute, memory, manufacturing, networking, and power, while retaining selected businesses that may use AI to strengthen their competitive positions. You can check the fund's top five holdings to learn more about its leading investment ideas for the year.
In its Q2 2026 investor letter, Sands Capital Technology Innovators Fund highlighted **** e Exploration Technologies Corp. (NASDAQ:SPCX). **** e Exploration Technologies Corp. (NASDAQ:SPCX) is a US-based aerospace company specializing in advanced rockets and **** ecraft. The one-month return of **** e Exploration Technologies Corp. (NASDAQ:SPCX) was -2.40%. On August 7, 2026, **** e Exploration Technologies Corp. (NASDAQ:SPCX) closed at $133.11 per share, reflecting a market capitalization of $1.77 trillion.
Sands Capital Technology Innovators Fund stated the following regarding **** e Exploration Technologies Corp. (NASDAQ:SPCX) in its Q2 2026 investor letter:
"Exploration Technologies Corp. (NASDAQ:SPCX) (SpaceX) was added as a more idiosyncratic growth opportunity. The company provides foundational infrastructure for the emerging **** e economy through its reusable launch technology and Starlink broadband network. Reusability has lowered launch costs, increased launch frequency, and strengthened **** eX's leadership in global mass to-orbit. We believe this position could widen further as Starship scales, while Starlink expands the opportunity into enterprise connectivity, government communications, and direct-to-device services. We initiated the position at a modest weight, recognizing the potential volatility **** ociated with limited float, retail activity, and technical buying pressure."
#technologies #NASDAQ #technology
In its Q2 2026 investor letter, Sands Capital Technology Innovators Fund highlighted **** e Exploration Technologies Corp. (NASDAQ:SPCX). **** e Exploration Technologies Corp. (NASDAQ:SPCX) is a US-based aerospace company specializing in advanced rockets and **** ecraft. The one-month return of **** e Exploration Technologies Corp. (NASDAQ:SPCX) was -2.40%. On August 7, 2026, **** e Exploration Technologies Corp. (NASDAQ:SPCX) closed at $133.11 per share, reflecting a market capitalization of $1.77 trillion.
Sands Capital Technology Innovators Fund stated the following regarding **** e Exploration Technologies Corp. (NASDAQ:SPCX) in its Q2 2026 investor letter:
"Exploration Technologies Corp. (NASDAQ:SPCX) (SpaceX) was added as a more idiosyncratic growth opportunity. The company provides foundational infrastructure for the emerging **** e economy through its reusable launch technology and Starlink broadband network. Reusability has lowered launch costs, increased launch frequency, and strengthened **** eX's leadership in global mass to-orbit. We believe this position could widen further as Starship scales, while Starlink expands the opportunity into enterprise connectivity, government communications, and direct-to-device services. We initiated the position at a modest weight, recognizing the potential volatility **** ociated with limited float, retail activity, and technical buying pressure."
#technologies #NASDAQ #technology
3 months ago
Tesla posted a picture on X showing its new Starlink integration on Monday.
It's the latest partnership between Musk's companies — and comes as merger rumors continue to swirl.
Musk previously warned of robotaxi "Bermuda Triangles."
Tesla is giving its Cybercab a little help from another Elon Musk company.
On Monday, the EV maker shared photos on X of what it called the "First Cybercab with Starlink integration." The images show a square-like cutout in the roofline, where the satellite internet equipment is built directly into the vehicle.
#Monday #musk #elon
It's the latest partnership between Musk's companies — and comes as merger rumors continue to swirl.
Musk previously warned of robotaxi "Bermuda Triangles."
Tesla is giving its Cybercab a little help from another Elon Musk company.
On Monday, the EV maker shared photos on X of what it called the "First Cybercab with Starlink integration." The images show a square-like cutout in the roofline, where the satellite internet equipment is built directly into the vehicle.
#Monday #musk #elon
3 months ago
Despite fears a 911M-share lockup expiration would crash SPCX, the stock surged 21% to $138.74 the following week.
Semi ****** ysis argues ****** eX can build 10GW of compute by end 2027, implying a path to $300B in annual recurring revenue.
SpaceX Q2 adjusted EBITDA surged 191% to $3.54B, and the company now carries a $1.76 trillion market cap.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
SpaceX (NASDAQ:SPCX) went public in June 2026 and has been the talk of the town ever since. Its first earnings report as a public company on August 4, 2026 should have set the mood. Revenue jumped 92% year over year to $7.81 billion, the AI segment revenue skyrocketed by 247%, and Starlink subscribers doubled year-over-year to 12.0 million. Instead, the conversation shifted immediately to Friday, August 6, when a 911.5 million share lockup expiration was poised to flood the market with insider stock.
#SpaceX #Stock #spcx #surged
Semi ****** ysis argues ****** eX can build 10GW of compute by end 2027, implying a path to $300B in annual recurring revenue.
SpaceX Q2 adjusted EBITDA surged 191% to $3.54B, and the company now carries a $1.76 trillion market cap.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
SpaceX (NASDAQ:SPCX) went public in June 2026 and has been the talk of the town ever since. Its first earnings report as a public company on August 4, 2026 should have set the mood. Revenue jumped 92% year over year to $7.81 billion, the AI segment revenue skyrocketed by 247%, and Starlink subscribers doubled year-over-year to 12.0 million. Instead, the conversation shifted immediately to Friday, August 6, when a 911.5 million share lockup expiration was poised to flood the market with insider stock.
#SpaceX #Stock #spcx #surged
