Momentus Raises $25 Million in Direct Stock Offering

TipRanksJun 16 06:30

Express News | Momentus - Offers 1.85 Mln Shares of Class a Common Stock - SEC Filing

BreakingsJun 16 03:09

11 Industrials Stocks Moving In Monday's Intraday Session

BenzingaJun 16 01:05

Barclays: Space-based data centers cost three times as much as terrestrial ones and are unlikely to challenge established players within the next decade.

Barclays estimates that orbital data centers cost approximately $50 million per megawatt, with a total five-year lifecycle cost reaching as high as $51 billion per gigawatt. Five key barriers—launch costs, radiation-hardened hardware requirements, thermal dissipation constraints, bandwidth limitations, and regulatory uncertainty—mean they will not pose a threat to traditional data centers within the next decade. Although SpaceX’s IPO has sparked investor enthusiasm and terrestrial expansion challenges have provided fertile ground for the space narrative, orbital data centers are more likely to serve as a complement rather than a replacement.

wallstreetcnJun 15 13:47

Top 20 by Trading Volume | SpaceX IPO Surges 19% on Debut, Propelling Musk to Trillionaire Status; SanDisk Briefly Tops $2,000, Hitting Record High; Agent-Based AI Fuels CPU Demand, Intel Rises Over 6%, ARM Gains Over 11%

Special Report: Elon Musk’s SpaceX Debuts on Nasdaq, Becoming the Largest IPO in History and Ranking First in U.S. Stock Trading Volume on Friday SpaceX surged 19.22%, with trading volume reaching $83.392 billion. On its Nasdaq debut, SpaceX’s stock closed at $160.95, up $25.95 or 19.22%, giving the company a market capitalization of $2.10456 trillion, marking the largest initial public offering in history.

Global Markets UpdateJun 13 06:51

A $2 trillion aerospace giant arrives! SpaceX surges 19% in its debut as investors pour over $350 billion into what is set to be the largest IPO in history.

SpaceX's indicative opening price was nearly 30% higher than its IPO price, and the stock surged by more than 30% shortly after listing. By market close, SpaceX ranked sixth by market capitalization on U.S. exchanges, with Tesla in eighth place. Other space-related stocks plummeted, with Virgin Galactic falling over 30%. According to reports, institutional investor demand for SpaceX's IPO exceeded $250 billion, yet nearly one-third of institutions received no allocation; retail orders surpassed $100 billion but were allocated only 20%. At the bell-ringing ceremony, Elon Musk stated that the company’s public listing marked a significant step toward humanity’s interstellar civilization. SpaceX President Gwynne Shotwell said the IPO would accelerate the expansion of Starship and Starlink.

wallstreetcnJun 13 05:08