SpaceX stock has struggled after a brief burst of post-IPO enthusiasm, and bears are taking a moment to reiterate their bearish views on the stock. A month after a historic initial public offering, SpaceX shares fell below the initial offering price of $135 on Wednesday, marking a 40% drop from its high of around $225.
SpaceX shares fell below their IPO price of $135 for the first time since the company’s successful public debut in June. On Wednesday, SpaceX shares fell to a low of $132.15 before recovering some of that loss to end the day just above its IPO threshold of $135.28. The latest drop marks a 40% drop
Tom Holland walks into a room for an interview to promote “The Odyssey.” Your interviewer, Tom Holland, is waiting for you. Last week, Holland, the actor who plays Telemachus in the hit adaptation of Christopher Nolan’s Greek epic, joined Holland, the British classicist and podcaster who shares his name, to talk about the much-hyped and
It’s Altman against Musk once again. OpenAI CEO Sam Altman says the recent attention he received from SpaceX CEO Elon Musk must mean his company is doing a good job. “There are many benchmarks that suggest 5.6 soles is the best model in the world right now,” Altman wrote in X on Saturday, referring to
If we’re having trouble keeping up with all the AI news this week, we can’t imagine how you feel. The past three days have been a non-stop parade of new products, features, and cutting-edge model releases from leading AI labs. There are new names like “Sol” and “Terra,” as well as new features for image
SpaceX is flying high after a record-breaking initial public offering, but China seems determined to bring Elon Musk back to Earth. China successfully landed the booster stage of its reusable Long March-10B rocket on Friday, the first time it has launched and partially returned a reusable orbital rocket safely to Earth. It means China Aerospace
