News & Updates
The latest news and updates from companies in the WLTH portfolio.
Elon Musk's SpaceX Just Joined the Nasdaq-100. Now What?
Space Exploration Technologies (NASDAQ: SPCX) entered the Nasdaq-100 index on July 7, and investors will hope it provides additional support for an already successful initial public offering (IPO). But what does the index inclusion really mean, and what can SpaceX investors expect in the future? Where next for SpaceX? The Nasdaq-100 index inclusion does matter. It triggers forced passive buying of the stock by funds (including exchange-traded funds, or ETFs) that track the Nasdaq-100 index. In addition, many actively managed funds may invest only in stocks listed in the Nasdaq-100 index, and others may require holdings in SpaceX stock to meet their fund's weighting requirements. All of this is likely to provide some support for the share price. 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 " While this will occur, investors also need to be mindful of periodic bouts of selling as SpaceX's lock-up expiry dates approach. Digging into the company's Securities and Exchange Commission (SEC) filings makes it clear that the potential for periodic supply hitting the market is real. For reference, around 639 million shares were sold at IPO, and SpaceX has 13.17 billion shares outstanding. Data source: Space Exploration Technologies SEC filings. As you can see, significantly more shares could come to market than were sold at IPO, and that could prove more impactful than the Nasdaq-100 listing. Should you buy stock in Space Exploration Technologies right now? Before you buy stock in Space Exploration Technologies, consider this:
Palantir CEO: "Something Has Gone Completely Wrong" With OpenAI and Anthropic
* Karp slammed OpenAI and Anthropic's token model as broken while PLTR posted 85% revenue growth and raised full-year guidance to 71%. * Palantir expanded its NVDA partnership for custom government AI models as enterprises like UBER push back on runaway token costs. * Despite explosive growth, PLTR trades at 91x forward earnings and is down 29% YTD, with Michael Burry holding puts on 5 million shares. * This lithium producer surpassed a $1B private valuation, joining some of America's most powerful startups. Now you can invest in EnergyX alongside global giants like General Motors, but only through July 16. (sponsor) Palantir CEO Alex Karp used a July 1 appearance on CNBC's Squawk Box to criticize the closed-model AI economy. He told viewers that when it comes to OpenAI and Anthropic, all is not well inside the AI boom. "I'm not throwing shade at them, but something has gone completely wrong." Shares of Palantir (NASDAQ:PLTR) rose 8% that day as Karp reframed the AI debate around token economics and data ownership. The Quote That Moved the Stock Karp's argument was that businesses are exhausted by paying for tokens. As he put it: "The basic view among enterprises in this country is I'm going to chillax and waste my time with tokens." According to CNBC's Samantha Subin, Karp took aim at the token model used by OpenAI and Anthropic as AI costs skyrocket. He further argued customers are shifting away from "tokenmaxxing" toward ROI and open-weight models that deliver similar work at a fraction of the cost. July 16 is the Final Day to Tap Into the Lithium Boom (sponsor) General Motors, POSCO, and 50,000+ everyday investors have already backed lithium producer EnergyX. Here's why you should do the same before their July 16 investment deadline: lithium prices are up 75% this year, with demand projected to grow a staggering 5X by 2040. With tech that can recover up to 3X more lithium than traditional methods, EnergyX is preparing to unlock up to 15M+ tons. Become a private-stage EnergyX investor before the July 16 deadline. Ahead of the interview, Palantir posted a 9-point "AI sovereignty" manifesto on X. Earlier that week, the company expanded its partnership with Nvidia (Nasdaq: NVDA) to build custom models for U.S. government agencies. Karp's framing of that alliance was revealing: "What aligns me with Nvidia, and I think is what the technical customers want, which is control over their compute, their models, their data stack and their alpha. They want to know they own the means of production. It's not being transferred to someone else."
Jim Cramer: "Anthropic Is the Winner Now" as Enterprises Move to Slash Tech Budgets in Half
* Cramer called Anthropic the enterprise AI profit winner as CRM sinks 37% and MU surges 233% on exploding memory demand. * Starbucks evaluating a 50% cut to its $400 million tech budget signals every SaaS incumbent faces imminent re-underwriting. * Chinese open-source AI models pose the biggest threat to Anthropic's pricing power if CFOs find cheaper tokens that clear their ROI bar. * Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks -- and Salesforce didn't make the cut. Grab the names FREE today. On CNBC's Squawk on the Street on July 9, 2026, Jim Cramer argued that the real profit engine of the enterprise AI wave sits at the model layer, which is collecting the checks hyperscalers are writing. "Anthropic is the one that's actually making a lot of money doing some work on Salesforce," Cramer said, going on to call the company "the winner now" even as he added, "I don't like them. They're bullies. Anthropic. They're doing very well." Cramer paired the Anthropic call with a warning that enterprise software budgets are about to get squeezed. He cited Starbucks, which under CEO Brian Niccol is spending roughly $400 million on tech and evaluating cuts of up to 50%. If large customers like Starbucks are willing to review major tech spending and consider deep cuts, SaaS incumbents may face the tougher question of whether AI agents will generate enough new revenue before they start replacing old software seats. The Three AI Spending Buckets: Cybersecurity, Memory, and Tokens Cramer leaned on a framework he attributed to Key analyst Jack Snader: enterprises are funneling AI dollars into three categories, in order: cybersecurity, memory hardware, and tokens. "They're calling in George Kurtz," (CrowdStrike's CEO) Cramer said of the first wave. "Cyber... cybersecurity. And then next is actually hardware. And that's why we see Micron go up." He also flagged that Anthropic salespeople have been told to throttle back due to token constraints, a demand signal that speaks louder than any guide-up. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks -- and Salesforce didn't make the cut. Grab the names FREE today. Salesforce Is Caught in the Budget-Cut Crosshairs Salesforce (NYSE:CRM) sits directly in the crosshairs of the Starbucks-style budget review. Marc Benioff's defense is Agentforce, which he described as "the biggest growth opportunity for our customers, and for Salesforce." The numbers back the pivot: Agentforce ARR hit $1.2 billion in Q1 FY27, up 205% YoY, with combined Agentforce and Data 360 ARR of roughly $3.4 billion. The stock tells the other side of the story CRM shares are down 36.79% year-to-date and 38.60% over one year, trading around $162. Investors are asking whether agents will replace seats faster than Salesforce can monetize them.
Trump Praises SpaceX President Gwynne Shotwell's 'Extreme Generosity' After Her $325 Million Trump Accounts Stock Donation
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. President Donald Trump expressed his gratitude to Space Exploration Technologies Corp. President Gwynne Shotwell and her husband, Robert Shotwell, for their donation of SpaceX stock to help children achieve the American Dream through the Trump Accounts. Late Wednesday, Trump took to Truth Social to acknowledge the Shotwells' $325 million contribution of SpaceX stock. He praised the couple's "extreme generosity" and highlighted the positive impact their donation will have on thousands of children. Trump Accounts Gain Support The President's post came in response to Shotwell's announcement that she and her husband would donate SpaceX shares to "Trump Accounts" for more than 2 million American children. The gift is intended for children aged 11 to 17 from lower-income households, with a particular focus on those living near the Shotwells' central Texas home. The Shotwells' donation comes as part of the Invest America program, which aims to provide financial support to children in need. The funds are automatically invested in an S&P 500 index fund, and additional contributions can be made by families, employers, and other parties up to $5,000 annually. See Also: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time Trump's recognition of the Shotwells' contribution comes after he expressed confidence that CEO Elon Musk might also donate SpaceX stock to the program. The president has expressed confidence in his relationship with Musk, despite past disagreements over electric vehicle mandates. The donation adds Gwynne Shotwell to a growing list of wealthy supporters of Trump Accounts. Michael and Susan Dell of Dell Technologies Inc. pledged $6.25 billion to provide $250 to 25 million children, while Ray Dalio and his wife Barbara committed at least $75 million for over 300,000 children in Connecticut. Ray Dalio has said the program can help teach young people about finance, investing and capitalism. According to Robinhood Markets Inc. CEO Vlad Tenev, the growth of Trump Accounts has outpaced that of many of America's most successful tech companies. As of June, nearly 6 million children had enrolled in the program.
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Some billionaires have spent the past year warning that New York City's political climate could scare away companies, capital, and high earners. But two fast-growing brands are moving in despite the noise. Anthropic is leasing an entire 16-story office building at 330 Hudson Street in Manhattan, dramatically expanding Anthropic's New York footprint from a much smaller office (just around the corner, at 155 Sixth Avenue), and announcing the company is planning to double its workforce in the city. The Claude-maker, which had less than 500 employees in the city at the beginning of this year, expects to occupy all 16 floors of the building -- enough space for 1,700 desks -- and expects to have more than 1,000 employees by the end of the year. The company is currently hiring for roles in New York across research, engineering, policy, sales, and operations. "New York is one of the main hubs for how AI is being put to work, and Anthropic is in the middle of it as a technology partner to the financial institutions, media companies, and cultural organizations that help define the city," Anthropic chief commercial officer Paul Smith told the New York Post in a statement. "Doubling our team here and deepening our long-term commitment to the city will allow us to sit closer to that work, and to the people driving it forward." Simultaneously, Airbnb is making a major real estate bet on New York of its own. The company purchased 281 Park Avenue South, a six-story building in Gramercy, for $81.5 million, according to The Wall Street Journal. The building is expected to serve as a hub for Airbnb's New York-area workforce, which numbers more than 600 employees. "New York City has been part of our story since the earliest days of Airbnb," CEO Brian Chesky said in a statement to AM New York. "This building reflects our long-term commitment to the city and will be home to one of our largest employee hubs outside of San Francisco. We're excited to keep investing in the city and the people who make it extraordinary." Anthropic and Airbnb's moves defy Mamdani naysayers' predictions The moves fly completely in the face of narratives put forward proclaiming New York City is becoming inhospitable to business. Billionaire investor Bill Ackman warned last year that if Zohran Mamdani became mayor, "You're going to see the flight of businesses from New York." Citadel founder Ken Griffin has also urged New York business leaders to "fight for their city," warning that political choices could push talent elsewhere. Griffin himself has had a public feud with the mayor following a Tax Day video in which the young, self-described Democratic Socialist called out Griffin's penthouse apartment as the prime example of why the city would benefit from a pied-a-terre tax. Griffin's CCO at Citadel responded in a letter to investors that the company may decide to halt construction of a $6 billion building in midtown Manhattan -- something that has never actualized.
SpaceX Scored a New Street-High Price Target of $800. What Comes Next for SPCX Stock.
Raymond James analyst Brian Gesuale has set a new Street-high price target on SpaceX (SPCX) shares at $800 with a "Strong Buy" rating, representing a staggering 430% potential upside from current levels. Should SPCX reach that target, the company's market cap would balloon to roughly $10.5 trillion, making it larger than any publicly traded company currently in existence. More News from Barchart Gesuale frames SPCX as the defining industrial infrastructure company of the 21st century, comparing its potential to that of railroads, electric grids, and the internet in reshaping entire economic eras. That said, SpaceX stock is currently down more than 10% versus its year-to-date high. Why Raymond James Is Uber Bullish on SpaceX Stock Raymond James' price objective rests on extraordinarily aggressive revenue assumptions. These include SpaceX launching data centers into space and selling mass orbital computing power, and Starship scaling up to reduce the cost of moving mass into orbit by more than 99%, completely commoditizing space transport. All in all, Gesuale models SpaceX surpassing $5 trillion in annual sales within the next 10 years. Caution Is Warranted in Playing SPCX Shares Despite the bullish coverage, SPCX stock has so far moved in the opposite direction as the Nasdaq-100 ($IUXX) inclusion, which was expected to generate roughly $4.3 billion in passive inflows from index-tracking funds, failed to provide a sustained bid. Several structural factors also complicate the near-term outlook. SpaceX's public float remains about 5% of total shares outstanding, creating outsized volatility in both directions. Short sellers reportedly hold a third of all tradable shares, and the first major insider sell window opens after Q2 earnings next month -- when 20% of early-release-eligible shares become available for trading. Prediction markets assign only a 20% probability that SPCX will close above $210 by month-end, placing real money far below the median analyst target. How Wall Street Recommends Playing SpaceX In total, 29 Wall Street firms have initiated coverage on SpaceX shares so far, with the consensus rating set at "Strong Buy" tied to a mean price target of about $202.
EchoStar Offers 20% Discount to SpaceX Stake, Deutsche Bank Says
This article first appeared on GuruFocus. Analysts have identified EchoStar (NASDAQ:ECHO), the operator of Boost Mobile and satellite television provider Dish, as a potentially cheaper route for investors seeking exposure to SpaceX (NASDAQ:SPCX), the recently listed space technology company. Citi, a global financial-services firm, maintained its buy rating on EchoStar with a $126 price target, suggesting that the company could benefit from a higher SpaceX share price over the next year as well as continued efforts to reshape its own business. Citi analyst Michael Rollins noted that EchoStar may create additional value through spectrum monetization, possible sales of its video and other assets, and the after-tax value of its expected SpaceX investment. EchoStar sold some of its spectrum licenses to SpaceX in 2025 in exchange for shares and is expected to receive additional SpaceX stock when the agreement closes in the second half of 2027. EchoStar shares gained as much as 30% from the start of the year through the end of May, when SpaceX released its S-1 filing, but the stock has since moved in the opposite direction from SpaceX. Following SpaceX's record $86 billion public offering in June, EchoStar shares declined nearly 24%, while SpaceX remained about 13% above its IPO price. Deutsche Bank, a global investment bank, reinstated coverage of EchoStar with a buy rating and a $143 price target, with analyst Bryan Kraft estimating that the per-share value of EchoStar's SpaceX stake is approximately 20% above EchoStar's current stock price. Kraft suggested that investors may effectively be acquiring SpaceX exposure at a 20% discount while receiving EchoStar's remaining assets without additional implied cost. Analysts also see potential value in EchoStar's remaining spectrum holdings and businesses including Boost Mobile, Hughes and Sling TV. Additional upside could come from a narrowing net asset value discount, a resolution of tower litigation and progress through the Dish DBS bankruptcy. New Street Research, an investment research firm, estimated that EchoStar could still be worth $165 per share despite the Dish DBS bankruptcy filing earlier this month. With Wall Street's average SpaceX price target standing near $236 and implying more than 55% upside from its current trading level, investors may view EchoStar as a value-focused way to gain indirect exposure to SpaceX.
Elon Musk Says 'We're Gonna Need A Bigger Rocket' As SpaceX Asks FCC to Approve 100,000 Gen3 Starlink Satellites
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Elon Musk-led SpaceX has asked U.S. regulators for permission to launch and operate up to 100,000 satellites for a new third-generation Starlink system, a massive proposed expansion aimed at supporting faster broadband and growing artificial intelligence data needs. SpaceX Seeks Approval For Massive Gen3 Network The application to the Federal Communications Commission, which was filed on Monday, July 6, covers a "Gen3" version of Starlink that would operate in very low Earth orbit, below many current broadband satellites. The proposed satellites would fly in two stacked altitude bands, roughly 323 to 327.5 kilometers and 473 to 477.5 kilometers above Earth. SpaceX says the system would deliver extremely low-latency and multi-gigabit internet service for consumers, businesses, governments and billions of AI-powered devices. The company has argued that AI systems will require far more data capacity, especially for uploading information, making new spectrum and satellite-sharing frameworks necessary. The request is separate from SpaceX's earlier application to deploy up to 1 million satellites for orbital data centers, a proposal now under FCC review. That system would use satellites between 500 kilometers and 2,000 kilometers above Earth to provide computing power for advanced AI models. Musk Says Starship Will Be Essential Musk reacted to the filing on X on Tuesday, quoting a post by prominent Tesla investor Sawyer Merritt and stating, "We're gonna need a bigger rocket! (Starship)." We're gonna need a bigger rocket! (Starship) https://t.co/MLzBpDMxht -- Elon Musk (@elonmusk) July 7, 2026 Trending: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time Starlink's first- and second-generation satellites have relied heavily on Falcon 9. Gen3 satellites are expected to be larger and more capable, making Starship central to deployment. Musk has said Starlink V3 satellites will have ">10X bandwidth" of V2 satellites and fly at about 350 kilometers, which he said would cut minimum latency by about half. SpaceX says Starship is designed to be fully reusable and carry more than 100 metric tons to orbit. The latest version stands about 408 feet, or 124 meters, taller than NASA's 111-meter Saturn V, though Starship remains in development.
Bank of America sets alarming SpaceX stock price target
SpaceX (SPCX) stock is trading near $153 on July 9. All the initial gains since its IPO have been wiped out, despite the stock's inclusion in the Nasdaq-100, and a slew of high price targets coming from big Wall Street banks. Goldman Sachs initiated the stock with a price target of $205. Morgan Stanley went even higher, setting a price target of $300. These banks were two leading underwriters for the IPO, so their having high price targets is not surprising. In a research note shared with me, Bank of America analyst Ronald J. Epstein and his team also presented a bullish price target of $235 on SpaceX stock. Bank of America was also one of the underwriters for the IPO, so again, it was not much of a surprise. However, what is alarming is the palpable difficulty a fairly large analyst team has had in coming up with a way to back that price target. Even more important is that, once risks to the price target are examined, the price target makes no sense and leaves a strong impression that it is nothing but peak AI bubble hype. Readers unaware that SpaceX is an artificial intelligence company first and foremost should read its S-1. It clearly states that the company estimates its total addressable market (TAM) at $28.5 trillion, of which $26.5 trillion, or 92.98%, is expected to come from AI. Bank of America believes that "launch leadership enables everything else" The team based the price target on average long-term discounted cash flows for their base, bull, and bear cases, across different revenue and cash-generation scenarios between now and 2045. A discounted cash flow model is usually conducted over a period of 5 to 10 years, according to Harvard Business School. Developing a model with a period of almost 20 years is something you come up with when you have trouble making a valuation. Price targets are generally given to be valid for the next 12 months, and even then, they are often tweaked when quarterly earnings are released or when something else changes the view of the stock. Analysts noted SpaceX's success in converting launch and manufacturing capabilities into a business called Starlink. It seems they believe this can be done again for AI. Epstein wrote: "The result is a powerful flywheel, where launch enables space applications, applications generate cash flow, and those cash flows support further infrastructure investment." Bank of America flags "investment negatives" for SpaceX
SpaceX Was Just Flooded With Buy Reports Across Wall Street. Do Analysts Know Something Retail Investors Don't?
This week, a wave of equity research reports from sell-side analysts was released on Space Exploration Technologies (NASDAQ: SPCX). The big takeaway is that Wall Street is overwhelmingly bullish on SpaceX stock. With so many banks publishing their first formal reports on SpaceX and coming to the same optimistic outlook, it begs the question: Does Wall Street know something retail investors don't? 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 " Why were so many reports for SpaceX stock published on the same day? When a company completes its initial public offering (IPO) and its shares begin trading, a quiet period begins. This window typically lasts between 25 and 40 days after the newly public company begins trading. During the quiet period, the investment banks that underwrote the IPO are prohibited from issuing forward-looking statements, promotional material, or equity research analysis. The rule exists to prevent the same institutions that helped price and sell the IPO stock in question from immediately hyping the deal or leaking material information that could influence market sentiment. Analysts working for the lead underwriters must remain silent because any positive research they publish too close to the offering could be viewed as an extension of the marketing effort rather than independent analysis. Once the quiet period ends, these banks are free to initiate coverage. In the case of SpaceX, this is exactly what just happened: A cluster of reports appeared on the same day because the calendar restriction had been lifted. What does Wall Street think of SpaceX stock? The table below summarizes the ratings and stock price targets analysts recently issued for SpaceX. Data Source: Yahoo! Finance Among the firms in the table, all gave Buy or Buy-equivalent ratings on SpaceX stock, except one. Unsurprisingly, longtime Tesla supporter and former Wedbush analyst Dan Ives is bullish on SpaceX. The price targets primarily range between $190 and $300, with notable outliers at Raymond James and MoffettNathanson.
Orbiting Capital: Lawmakers Buy SpaceX Ahead of Index Inclusion
The ink on the largest public offering in history barely had time to dry before Washington capital began to flow. When SpaceX (NASDAQ: SPCX) raised $75 billion in a June 12 market debut, the event redefined mega-cap listings. Priced at $135 per share, SpaceX immediately captured a $2 trillion valuation, fundamentally altering the landscape of the commercial space sector. Just days later, lawmakers assigned to the exact committees tasked with overseeing federal defense budgets and financial security initiated positions. The rapid accumulation of shares by politically connected insiders highlights a complex intersection between structural market mechanics, unprecedented valuations, and congressional oversight of prime defense contractors. With a mandatory liquidity injection imminent via a newly established Nasdaq-100 index rule, these early trades serve as a leading indicator for a highly volatile supply-demand imbalance. → 3 High-Yield Dividend Stocks With Real Capital Gains Potential in 2026 Capital Accumulation: Lawmakers Secure SpaceX Equity Federal disclosure filings confirm that lawmakers wasted little time securing equity in the newly public aerospace sector giant. On June 15, a dependent child of Representative Dan Meuser acquired a stake valued between $15,001 and $50,000. Three days later, Representative Gil Cisneros disclosed a purchase of up to $15,000. Prior to the public listing, Representative Lisa McClain maintained exposure through a $250,000 family investment in xAI, which was absorbed into the broader SpaceX corporate umbrella. → Flash Crash or Cash? The AI Hardware Reset Investors Can't Ignore While these transaction amounts are inconsequential relative to a multi-trillion-dollar market capitalization, the strategic placement of the buyers is highly relevant for institutional observers. Representative Cisneros serves on the House Armed Services Committee, a legislative body with direct jurisdiction over the Department of War. The Pentagon remains a primary customer for SpaceX, consistently awarding SpaceX multibillion-dollar contracts for satellite deployment and secure communications infrastructure. Simultaneously, Representative Meuser serves on the House Financial Services Committee, which oversees the Securities and Exchange Commission and the broader equities market.
SpaceX Stock Falls 35% From Peak Even After Nasdaq-100 Inclusion
SpaceX (SPCX) shares have fallen as much as 35% from their post-IPO peak of $225.64. The drop came just days after the company joined the Nasdaq-100, as heavy selling offset forced index buying. The stock closed at $148 on July 8, below its $150 debut price for a second straight session. That erased nearly all the gains SpaceX made since its record June 12 listing. A Sell-The-News Pattern for SPCX SpaceX's Nasdaq-100 inclusion required index-tracking funds to buy shares, even though the company keeps a small public float. That mechanical demand did not stop investors from selling into the news. This is a familiar pattern, as Palantir saw the same thing happen after it joined the Nasdaq-100 in late 2024. Its shares dropped about 25% over the following weeks. A Trillion-Dollar Valuation Under Pressure The pullback still leaves SpaceX with a market capitalization near $1.9 trillion. The company posted about $18.7 billion in revenue in 2025, up about 33% year over year. That puts its valuation at roughly 100 times sales. Starlink drove much of that growth. SpaceX's satellite internet unit generated more than $11 billion in 2025, about 61% of total revenue. It remains the main support for the company's trillion-dollar valuation. SpaceX still lost money last year. The company reported a $4.9 billion net loss in 2025 and $4.3 billion more in the first quarter of 2026. Heavy spending on its xAI artificial intelligence unit and on Starship development continues to weigh on cash flow. Wall Street has largely stayed bullish since the Nasdaq-100 inclusion. Morgan Stanley, Bernstein, RBC, and UBS all initiated coverage with buy-equivalent ratings. MoffettNathanson took a neutral stance, and CFRA recommended that investors sell. Starlink's profit growth may determine how much further the stock can fall. Investors will likely watch whether that business can outpace SpaceX's mounting AI and rocket-development costs. Read the Original story SpaceX Stock Falls 35% From Peak Even After Nasdaq-100 Inclusion by Darryn Pollock at beincrypto.com
Japanese company books 1,100 pounds of cargo space on SpaceX Starship mission to the moon
When you buy through links on our articles, Future and its syndication partners may earn a commission. ispace is expanding its already extensive moon plans to include SpaceX's Starship megarocket. The Tokyo-based company announced today (July 8) that it has booked 1,100 pounds (500 kilograms) of cargo capacity on Starship, the biggest and most powerful rocket ever built, for a moon mission that could launch as soon as 2030. The deal is worth $50 million, according to Tokyo Brief. "We are very pleased to be able to offer the new Lunar Access Integration service utilizing Starship's payload space through our collaboration with SpaceX," ispace founder and CEO Takeshi Hakamada said in a statement today. "High-capacity, relatively low-cost lunar transport, such as that provided by Starship, is essential to realizing the sustainable lunar economy that ispace aims to create." As that quote suggests, ispace may become a regular Starship customer over the years, using the giant vehicle to carry its new "Mobile Cargo System" to the lunar surface. The MCS is a pallet-like flat rover capable of transporting up to 1,100 pounds (500 kg) across the lunar terrain. The newly announced Mobile Cargo System moon mission aboard Starship will launch no earlier than 2030, according to ispace. The timeline will depend largely on SpaceX's ability to progress Starship into an operational vehicle. (Starship has flown 12 test flights to date, all of them suborbital.) ispace has flown with SpaceX before; Falcon 9 rockets launched the Japanese company's robotic HAKUTO-R moon rover in both 2022 and 2025. Both times, HAKUTO-R reached lunar orbit successfully but crashed during its landing attempt. Starship is SpaceX's super-heavy-lift launch vehicle, which is designed for full reusability and capable of launching up to 150 tons (136 metric tons) to low Earth orbit. The rocket has been in development for a while; SpaceX founder and CEO Elon Musk first announced the vehicle during the International Astronomical Congress in Mexico in 2016. Expectations for its operational readiness have been an ever-moving goal post. In 2021, for example, SpaceX was targeting sometime "before 2024" for the spacecraft's first mission to the moon, but development delays have continually pushed that date back. 2024 was also the year NASA originally targeted for the first crewed lunar landing mission of the agency's Artemis program, though that's no longer the plan. NASA contracted Starship as the lunar lander for that touchdown, which is now slated to take place during Artemis IV in late 2028. Agency officials have cited Starship as part of the reason that Artemis' schedules have slipped.
How TeraWulf's Anthropic Deal Booted Up a $19B AI Empire
Artificial intelligence is hitting a severe physical barrier. The language models are getting exponentially smarter, and the silicon is processing data faster than ever before, but the physical electrical grid cannot deliver power fast enough to keep up with demand. Hyperscalers require multi-gigawatt power drops and large liquid-cooling systems to train their next-generation models, and they need these facilities to be fully operational immediately. Enter the Bitcoin mining sector. For years, cryptocurrency miners have spent billions building high-density energy fortresses in remote locations. Now, operators with the right infrastructure are realizing they hold the exact real estate that artificial intelligence (AI) developers are desperate to acquire. → 3 High-Yield Dividend Stocks With Real Capital Gains Potential in 2026 The $19 Billion Jolt: Rewiring the AI Infrastructure Trade TeraWulf Inc. (NASDAQ: WULF) just provided the definitive proof of concept for this entire infrastructure crossover thesis. TeraWulf recently executed a landmark 20-year lease agreement with artificial intelligence powerhouse Anthropic, securing an estimated $19 billion in contracted revenue over the initial term. Investors should see this as more than a standard commercial real estate transaction. It represents a fundamental structural shift in how digital infrastructure operators can monetize stranded power assets. By transitioning from the highly cyclical nature of cryptocurrency mining to utility-grade data center yield, TeraWulf is setting an entirely new operational precedent for the high-performance computing (HPC) sector. → Flash Crash or Cash? The AI Hardware Reset Investors Can't Ignore Flipping the Switch: Funding a $19B Hyperscaler Empire To understand the magnitude of this transition, investors must look at the specific mechanics of the Anthropic agreement and how TeraWulf is actively funding the buildout. The 20-year lease centers on the Justified Data campus in Hawesville, Kentucky, which is a purpose-built facility designed to handle 401 megawatts of critical IT load.
3 Forgotten Space Economy Stocks That Could Deliver Colossal Gains Over the Next 10 Years
The space economy is a popular investing topic right now, as Space Exploration Technologies completed its record-setting initial public offering. SpaceX stock remains a hot commodity, with the company sporting a market capitalization of more than $2 trillion. But while SpaceX is soaking up a lot of attention, several other companies are also playing important roles in building out the space economy. And while they're flying somewhat under the radar right now, I think AST SpaceMobile (NASDAQ: ASTS), Intuitive Machines (NASDAQ: LUNR), and Redwire (NYSE: RDW) have compelling cases to deliver big returns over the next decade. 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 " 1. AST SpaceMobile The only profitable division for SpaceX right now is Starlink, the company's space-based internet and mobile connectivity network. But AST SpaceMobile is a primary competitor in the direct-to-cell satellite business. The two companies have different approaches. SpaceX currently has a constellation of 9,600 satellites in low-Earth orbit and about 10.2 million customers worldwide. AST SpaceMobile, meanwhile, aims to have a network of 45 larger BlueBird satellites in orbit this year to support its agreements with nearly 60 mobile network operators worldwide. AST announced that BlueBirds 11, 12, and 13, each measuring about 2,400 square feet, are scheduled to launch in August. "With each successful launch, we move closer to our goal of making space-based cellular broadband accessible wherever people live, work, and travel," AST SpaceMobile president Scott Wisniewski said. AST reported first-quarter revenue of $14.7 million, up from $718,000 a year ago, with a net loss of $191.01 million, or $0.66 per share. But it's growing quickly -- management projects full-year revenue of $150 million to $200 million. The company ended the quarter with $3.5 billion in cash and cash equivalents. 2. Intuitive Machines Intuitive Machines is a major NASA contractor and the first commercial company to soft-land a spacecraft on the Moon. The company successfully achieved a soft landing on the lunar surface in 2024 during its IM-1 mission, which carried the Odysseus lander. The company builds satellites and landers and is involved in NASA's Power and Propulsion Element (PPE), which is being repurposed to support NASA's planned 2028 Mars mission.
Investors Who Get In on SpaceX Now Could See Their Money Multiply for 1 Reason
When SpaceX (NASDAQ: SPCX) was preparing for its IPO, Morningstar analysts warned investors that the best buying opportunity may not occur immediately. "We value SpaceX at $63 per share, a 53% discount to the upcoming IPO price," the firm stressed. "Our valuation is the result of mathematics more than skepticism, reflecting a wide range of possible outcomes for the company's financial 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 " Ultimately, Morningstar suggested that investors pass on buying into the IPO. "We think the company has been significantly overvalued and investors will have opportunities to buy the stock at more attractive levels after the IPO," the firm concluded. While SpaceX stock hasn't quite fallen to its initial IPO price of $135 per share, a steep correction has given investors an opportunity to buy in at a hefty discount to the company's post-IPO highs. Investing now could be a wise decision long term for one key reason. Here's why SpaceX stock is attractive after the correction If you're looking to bet on AI, few stocks are as uniquely positioned as SpaceX. Many believe the company to be a rocket maker. And it is. The company's Falcon Heavy rocket has successfully launched more than 600 times, bringing an unprecedented number of payloads to space quickly and relatively cheaply. But rockets are simply a means to an end for SpaceX. The company, after all, used its rockets to launch its Starlink internet service -- a segment that';s posting positive gross margins and impressive revenue growth rates. The most lucrative use of SpaceX's rockets long term, however, will be for launching data centers into space -- so-called orbital data centers. Experts are split on whether orbital data centers are even possible from an economics and physics standpoint. But SpaceX is perhaps the only company on Earth today positioned to make them a reality. The idea here is simple: AI could become one of the largest markets in human history. That will only be possible if there are enough data centers to run the computing capacity required for a globally scaled AI economy. Thus, more data centers need to be built. The problem is that data centers are resource intensive, using massive amounts of land, water, and energy. Putting them into space, at least on paper, has the potential to alleviate most of those terrestrial challenges. With a Starlink connectivity network already in place, SpaceX can easily connect these orbital data centers to ground-based relay centers.
SpaceX Officially Joined the Nasdaq-100 and Received a $300 Price Target From Wall Street. Here's Why the Stock Is Falling Anyway.
On July 7, Space Exploration Technologies (NASDAQ: SPCX) joined the Nasdaq-100 -- which is the 100 largest non-financial companies by market cap listed on the Nasdaq stock exchange. It also received a $300 price target from Morgan Stanley, one of the Wall Street banks that underwrote SpaceX's initial public offering (IPO). Being a part of a major index is more than just name recognition. Exchange-traded funds (ETFs) benchmarked to the Nasdaq-100, such as the Invesco QQQ Trust (NASDAQ: QQQ), will begin buying shares of SpaceX. The more indexes a company can be a part of, the more demand is unlocked from ETF inflows -- the crown jewel being the S&P 500 (SNPINDEX: ^GSPC), because the largest ETFs in the world are linked to it. 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 why SpaceX was added to the Nasdaq-100 so quickly, and why the growth stock is falling anyway. SpaceX will soon be a top holding in the Nasdaq-100 The Nasdaq's new fast-track rules are meant to expedite the inclusion of megacap companies that recently had IPOs. If a company is at least as valuable as the 40th-largest Nasdaq listing, which is a market cap of around $121 billion, it can now be added to the Nasdaq-100 after its 15th trading day. SpaceX has a market cap of around $2 trillion and is the world's seventh-most valuable company -- so it clears the size hurdle with ease. SpaceX went public on June 12, but markets were closed on Juneteenth (June 19) and July 3. So, it wasn't added to the Nasdaq-100 until over three weeks after its IPO. However, SpaceX's weight in the Nasdaq-100 isn't its market cap. Rather, it is based on a multiple of the float, which is the number of shares available for trading by the public. SpaceX's float is around just 5% of its market cap. But the float could increase rapidly in the coming months. The vast majority of SpaceX stock is held by insiders who bought in when the company was private -- including institutional investors from previous funding rounds, employees, and founders. SpaceX plans to gradually unlock early-release-eligible shares through a tiered system over the next 180 days, with 20% of shares available for trading two days after the release of its earnings for the quarter ended June 30, and up to 30% if SpaceX's stock price is at least $175.50 per share.
SpaceX Trading Frenzy Sends Tokenized Equity Volume to Record $3.86B
Tokenized equity trading climbed to a record $3.86 billion in June as demand for blockchain-based SpaceX (NASDAQ: $SPCX) shares turned the aerospace company's public-market debut into the sector's biggest trading event by volume to date. Onchain volume rose 145% from May, according to CoinDesk Data, with tokenized SpaceX products generating $1.19 billion during the month. That represented roughly 31% of all tokenized equity trading and put a newly listed stock ahead of established names including Nvidia (NASDAQ: $NVDA), Tesla (NASDAQ: $TSLA) and major index products. The activity followed SpaceX's $75 billion initial public offering, the largest on record, which valued the company at about $1.8 trillion on a fully diluted basis. Crypto platforms had already been building products around the listing, giving onchain traders several ways to gain price exposure as the shares entered public markets. More From Cryptoprowl: Backpack Securities' SPCX token led the group with $1.08 billion in June volume. xStocks' SPCXx followed with $852 million, while Backpack's full tokenized instrument lineup produced $1.42 billion for the month. SpaceX alone accounted for most of that activity. Nvidia, Tesla, SPY and QQQ remained among the more actively traded tokenized products, but none came close to the demand around SpaceX. The concentration shows how quickly tokenized equity venues can rotate toward the same stories driving traditional markets rather than relying only on a fixed group of megacap stocks. Sector market capitalization also reached a record $1.53 billion in June, up 6.64% from May and marking a fifteenth consecutive month of growth. Tokenized stocks are still small compared with traditional equity markets, and the structure of individual products can differ from direct share ownership. Still, June gave the market its clearest example yet of how onchain equity trading can react to a major listing in real time. Space Exploration Technologies Corp. (NASDAQ: SPCX) is currently trading at $149.55 U.S. per share.
SpaceX Borrowed $25 Billion and Is Buying Up AI Companies. Here's What That Means for Every Tech Stock in Your Portfolio.
The June 12 initial public offering of Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, shattered the record for the largest Wall Street IPO in history. That was only the beginning of a whirlwind of events for Elon Musk's business. Just days later, on June 16, SpaceX announced its acquisition of artificial intelligence start-up Cursor for a whopping $60 billion. Then on June 22, the company issued its first bonds, selling $25 billion worth of debt. 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 " These activities illustrate the broader trends occurring across the technology sector. Get ready for a wild ride ahead as tech companies maneuver for dominance in the rapidly evolving artificial intelligence landscape. SpaceX demonstrates the mounting price for AI The race is on for leadership positions in the artificial intelligence era. Achieving one will be no small task, as SpaceX's recent moves indicate. Its acquisition of Cursor demonstrates that it recognizes the importance of creating a robust AI platform -- but it also shows the high costs involved. Cursor is a software development solution built on artificial intelligence that allows users to significantly accelerate programming tasks. It's proven popular, producing over $1 billion in annualized sales last year. SpaceX is far from alone here. Others in the tech space are rushing to snatch up AI businesses. On June 15, customer relationship management titan Salesforce announced it was spending $3.6 billion to acquire Fin, which provides an AI agent to answer customer inquiries. Along with acquisitions, AI brings other expenses, particularly related to infrastructure. SpaceX's inaugural bond offering is part of the company's financial maneuverings to position it for the capital commitments to come. Building and powering the vast server farms required to create and support increasingly sophisticated AI systems requires enormous levels of capital expenditures. The tech industry's costly AI pursuit Several businesses in the tech sector are facing the stark reality that AI infrastructure is expensive. Oracle, which provides cloud infrastructure for AI, warned, "We must incur significant capital and operating expenditures to increase our existing data center capacity." To fund its AI infrastructure build-out, Google parent Alphabet recently announced a massive $84.75 billion equity capital raise.
SpaceX stock now enters the post-honeymoon faith phase
A flood of analyst initiations on SpaceX (SPCX) hit the market Tuesday, 16 trading days after Elon Musk's rocket-telecom-AI-neocloud-social media company made its debut. Most of them were bullish. The stock fell by nearly 7%, closing below $150 for the first time since the SpaceX IPO. I've long called investing in Musk's endeavors faith-based. With SpaceX's IPO, shareholders are called upon to believe as never before. Including today's notes, analysts' average price target for the stock as tracked by Bloomberg is $236.45, 58% above Tuesday's close. Consider a partial list of milestones and hurdles that SpaceX must reach to rally that much and more in the coming years, according to their research notes: * Achieve Starship reusability. SpaceX's model pivots on its ability to launch and reuse rockets, making its ecosystem cost-effective. * Increase Starship payloads. Closely tied to the reusability goal, Starship must be able to carry enough weight on its missions to maximize efficiency. * Make Grok competitive following the closure of the Cursor acquisition. * Successfully and cost-effectively develop solar-powered data centers in space. * Raise $84 billion annually from 2027-2034 to support this build-out, according to Morgan Stanley's Adam Jonas. (Goldman Sachs' Eric Sheridan frames it as $270 billion of debt capital to be raised between 2026 and 2030). * "To make life multi-planetary, leverage the Sun to build out AI in space, & build bases on the Moon and cities on other planets," as JPMorgan's Doug Anmuth writes. No biggie. The uncertainty of these goals is reflected in the wide range of forecasts related to them. For example, JPMorgan (JPM) projects 5,000 Starship launches by 2031; RBC expects 2,440 by 2030. Elon Musk brings out the preacher and the poet in even the most spreadsheet-minded number cruncher on Wall Street: "SpaceX's ambitions -- and potential impact on humanity -- are bigger than any company's we've ever seen." (Doug Anmuth, JPMorgan) "Musk has established himself as one of this generation's greatest innovators, and SpaceX has carried the torch for the U.S. industrial base during a time when peers have struggled." (Louie DiPalma, William Blair) "SpaceX represents in our view the apex of civilizational ambition, oftentimes expressed in steel and fire, bending the arc of history to make humans multiplanetary by building foundational infrastructure across transportation, connectivity, and AI." (Edison Yu, Deutsche Bank, who should consider moonlighting as a sci-fi author).
