Early shareholders could sell shares after the lockup expires, potentially pressuring SpaceX stock following its $1.7 trillion valuation IPO. SpaceX’s upcoming IPO on June 12 could see early investors sell shares once the lockup period ends, despite the company’s valuation
Home sales were largely trending up even as mortgage rates increased this week. 30-year fixed-rate mortgages averaged 6.52% as of June 11, up from 6.48% last week and below the year-ago level of 6.84%. 15-year fixed-rate mortgages averaged 5.84%, up from 5.79% a
Quick Read - Tesla's $1.5 trillion market cap surpasses the next 10 automakers combined, yet it sold fewer vehicles than Ford in Q1 2026. - Toyota tops all rivals at $230 billion, while Ford sold 457,000 vehicles in Q1 2026, a figure nearly 100,000 higher than what Tesla managed...</stron
Rivian begins R2 electric SUV deliveries, targeting a broader mid-luxury market to improve margins and profitability. Rivian has commenced deliveries of its R2 electric SUV, priced from $57,990, marking its entry into the mid-luxury EV segment. The launch follows a spring
Strategy executive chairman Michael Saylor and Twenty One Capital CEO Jack Mallers debated Strategy's capital structure at BTC Prague. Mallers challenged Saylor on dilution and how out-of-the-money convertible debt factors into mNAV calculations CoinDesk's Jennifer
Apple (NASDAQ: AAPL) held its Worldwide Developer Conference (WWDC) this week, showcasing new features and developer tools. The excitement and anticipation were around long-awaited artificial intelligence (AI) features for its iPhones Apple unveiled Siri AI, which i
As the market focuses on SpaceX, the hot new investment opportunity in artificial intelligence (AI), Meta Platforms (NASDAQ: META) shares have been under pressure. The stock has been falling in recent days, and since the start of the year, it's down around 14% The s
Meta Platforms (META) stock crashed through support levels on Wednesday and is showing significant distribution. With that in mind, the tech conglomerate's stock is setting up as an interesting bearish candidate when looking for new option trades Let's look at a set
Quick Read - SpaceX's $25B retail tranche alone matches Alibaba's all-time global IPO record and nearly doubles Visa's $17.9B 2008 U.S. record offering. - Ritter identifies Starlink's low-cost launch flywheel as SpaceX's real engine, with connectivity revenue up 50% and... <p
Jensen Huang Just Told Investors to Buy This Under-the-Radar Artificial Intelligence (AI) Chip Stock (Hint: It's Not Marvell) During a recent visit to Seoul, South Korea, Nvidia (NASDAQ: NVDA) CEO Jensen Huang openly praised another artificial intelligence (AI) semiconductor...</
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