Space Exploration Technologies Corp. Class A (SPCX)
SpaceX Unlikely To Make Even A Dent In Verizon's Armour
SpaceX's plan to bypass terrestrial cell towers with satellite-linked femtocells faces insurmountable technical, economic, and regulatory barriers, especially in urban areas. Some parts of the plan are downright comical and appear to have no grounding in reality. We assign a Strong Sell to SpaceX (SPCX) due to its speculative valuation and unproven business model, while legacy telecoms offer compelling risk-reward.
SpaceX price target raised as Starlink takes aim at U.S. telecom giants
The news that Elon Musk's Starlink is preparing to become a major carrier sent U.S. telecom giants' equities plunging, had next to no impact on SpaceX (NASDAQ: SPCX) stock but, by press time on October 12, registered with some Wall Street analysts.
Cathie Wood Sold SpaceX Stock the Same Day It Dropped Its Spectrum Bombshell
ARK Invest trimmed its SpaceX position hours before a seismic spectrum announcement sent wireless carriers into a tailspin, and the sequence of events raises a question the fund's disclosure timing can only partially answer.
SpaceX: Winning 1% Of The Phone War Is All It Needs
SpaceX is rated Buy, leveraging Starlink's profitability and a strategic move into direct wireless service via major spectrum acquisitions. Starlink's $1.66B operating profit nearly covers SpaceX's losses from rockets and AI, with business/government revenue outpacing consumer growth. Securing up to 79 MHz of wireless spectrum positions SPCX to directly target the Big Three's $222B annual wireless revenue pool with minimal share needed for material impact.
Experts Warn Musk's Million-Satellite Plan Could Set Off A Debris Cascade That Closes Off Space, As SpaceX Warns Other Operators Are Raising Collision Risks
SpaceX wants FCC approval for up to one million satellites while a new physics paper argues that constellations above a certain size generate their own runaway debris problem, and regulators may be asking entirely the wrong questions.
$1,000 invested in SpaceX stock 2 months ago is now worth
SpaceX (NASDAQ: SPCX) stock has gained nearly 22% over the past two months, rewarding investors who bought shares in August as the stock recovered from its post-IPO dip.
Elon Musk says SpaceX could one day be worth vastly more than Earth's economy. Here's what that would take.
Elon Musk says SpaceX could be worth "orders of magnitude" more than the entire global economy. That implies a $12 quadrillion-plus valuation, or roughly 5,500 times SpaceX's current market cap.
Elon Musk intensifies attack on Ambani over Starlink India launch delay
As SpaceX struggles to launch Starlink in India, Elon Musk has stepped up his attack on billionaire Mukesh Ambani, mockingly calling him the country's “prime minister” to suggest he wields outsized control over its government and accusing him of blocking the satellite internet service from competing.
SpaceX's Wireless Move Trips Up Telecoms
Plus, yields rise and Delta cuts its profit outlook
SpaceX takes major step toward offering cell service, putting big telecom on edge
Elon Musk's SpaceX is moving to get into the cell phone business -- scooping up billions of dollars' worth of spectrum licenses and putting traditional telecom giants on the defensive.
SPCX to Acquire 800 MHz Spectrum for Superior Network: Buy the Stock?
SpaceX's acquisition of Grain Management's 800 MHz spectrum could boost Starlink Mobile's coverage, strengthen its wireless ambitions and unlock growth opportunities.
Telecom Stocks Sink as SpaceX Moves Closer to Launching Mobile Network
Shares of the country's largest telecommunications giants are slumping amid worries about growing competition from SpaceX.
