SpaceX stock rose on Monday to reclaim an important milestone: its $135 IPO price. The stock jumped back above that threshold on Monday, rising to close 4% higher at $138.74 after struggling to mount a decisive gain early in the session. Shares are up more than 25% in August, and a 15% rally on Friday
The first images of a SpaceX Falcon 9 rocket stage impact on the moon’s surface have emerged. The Korea Aerospace Research Institute shared the first photographs captured by its lunar orbiter. South Korea is one of the few nations that currently has satellites traveling around the moon at an altitude of 62 miles (100 kilometers)
Whatnot, started in a Funko Pop-flooded rental house, is now a $20 billion company. The live commerce platform exclusively told Fortune it recently raised its $545 million Series G, almost doubling Whatnot’s valuation from $11.5 billion in its October 2025 round. It’s an unlikely story in all sorts of ways, from the tech giant’s previous
This Falcon 9 was in orbit since January last year, when it blasted off from Florida. The same booster section from the January 2025 mission is due to set off on its 18th flight on 10 August. SpaceX says the mission hopes to launch 29 Starlink satellites to low-Earth orbit. The rocket that blasted from
SpaceX stock isn’t just falling. It’s hitting every branch on the way down. After surging to a $2.6 trillion valuation on its third day of public trading, SpaceX stock has tumbled 46%, wiping out more than $1.2 trillion of that in the process. The initial wave of selling came as investors balked at lofty valuations.
Andre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock – a common trade-off at start-ups as a hiring incentive. Some 17 years on, those 200,000 shares he was given are worth about $23m (£17m) – and the 63-year-old says he’s