News & Updates
The latest news and updates from companies in the WLTH portfolio.
SpaceX, Grab, Sea to Trade on Singapore Exchange Through SDRs
SpaceX, Grab and Sea are set to start trading on the Singapore Exchange via the issuance of Singapore Depository Receipts on Wednesday. SGX said in a statement that the new additions will "provide direct access to innovative themes" in Singapore's local currency. "The U.S. SDRs enable investors to manage and trade these global companies seamlessly in [Singapore dollars], eliminating foreign-currency conversion friction, while enabling trading during Singapore market hours," SGX said. The move comes as investor activity in SDRs continues to build, the exchange operator said. Average daily turnover has risen strongly, driven by record-high retail participation, it said.
SpaceX Starship launch aborted seconds before Texas liftoff
STORY: :: SpaceX's Starship rocket triggers a last-second abort before liftoff for its 13th flight test :: Starbase, Texas / July 16, 2026 :: Dan Huot, SpaceX spokesperson "No Starship launch today. We'll dig in with the teams, figure out what happened, and figure out when our next attempt is going to be." :: In a post on X, CEO Elon Musk said that some of the engines didn't start, triggering an automatic launch abort The launch abort came less than a second before Starship's planned 6:45 p.m. ET (2245 GMT) liftoff from Starbase, SpaceX's company town in south Texas. The rocket's engines ignited but cut off shortly after. Shares of SpaceX, which went public last month, fell about 3% in aftermarket trading following the scrubbed launch.
SpaceX's Starship Rocket Triggers Automatic Launch Abort as Engines Fail to Start
Space Exploration Technologies Corp. designs, manufactures, launches, and operates products and services built on technologies, including rockets and spacecraft. The Company's segments include Space, Connectivity, and artificial intelligence (AI). Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. Its Connectivity segment operates broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth orbit, delivering connectivity to consumer, enterprises, and government customers over 164 countries, territories, and other markets. In its AI segment, it operates a vertically integrated AI platform spanning its truth-seeking frontier model Grok, AI solutions for consumer and enterprise customers, X-its real-time information, entertainment, and free speech platform and AI computational infrastructure.
Evercore ISI Initiates SpaceX at Outperform With $230 Price Target
Space Exploration Technologies Corp. designs, manufactures, launches, and operates products and services built on technologies, including rockets and spacecraft. The Company's segments include Space, Connectivity, and artificial intelligence (AI). Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. Its Connectivity segment operates broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth orbit, delivering connectivity to consumer, enterprises, and government customers over 164 countries, territories, and other markets. In its AI segment, it operates a vertically integrated AI platform spanning its truth-seeking frontier model Grok, AI solutions for consumer and enterprise customers, X-its real-time information, entertainment, and free speech platform and AI computational infrastructure.