2 days 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
10 months ago
A new fleet of US spy satellites might be in huge trouble thanks to Elon Musk’s ******* eX, at least according to one engineer.
Scott Tilley, a satellite researcher based out of British Colombia, uncovered evidence that some 171 ******* eX-built Starshield satellites have been broadcasting signals in the wrong direction, according to Ars Technica. The satellites were operated as part of the US government’s National Reconnaissance Office surveillance program, which is meant to expand the country’s ability to spy over other nations.
According to Ars, Tilley discovered the ******* eX satellites
Scott Tilley, a satellite researcher based out of British Colombia, uncovered evidence that some 171 ******* eX-built Starshield satellites have been broadcasting signals in the wrong direction, according to Ars Technica. The satellites were operated as part of the US government’s National Reconnaissance Office surveillance program, which is meant to expand the country’s ability to spy over other nations.
According to Ars, Tilley discovered the ******* eX satellites
