SpaceX is now trading on NASDAQ as SPCX

#11
Zinjanthropos Offline
(Jun 17, 2026 03:57 AM)Syne Wrote: Who said anything about autonomous vehicles? We won't need autonomous robots until Mars, and a permanent moon base is happening first. You're not getting the payload necessary for robots to build any infrastructure without the heavy launch capabilities that SpaceX has already demonstrated. Robots are no good if you can't get them and building materials up there.

9_9

Just playing Devil’s Advocate…my skeptical opinion is all this is.

I guess it’s time for a trial run. What’s Musk’s timetable? Didn’t he predict by 2036 for a lunar city? He’s actually changed focus somewhat away from establishing a Martian colony because he can launch more often to the moon. Perhaps he plans for Tesla’s Optimus robots to hit the lunar surface. Maybe he has a surprise for us. We shall see.

There’s also no question about it, plus it’s well documented, that Musk has a disdain for market short sellers and the big hedge funds that facilitate the practice. They just piss him off, yet…. Some hedge funds have a huge stake in SpaceX and plan to short it while others are hoping to cash in on what they consider a company that will deliver. SpaceX beyond the reach of most retail but I think he’s set it up that only 5% is actually available for retail. If it fails some hedge funds will be seriously hurt. He’s convinced these fund companies to invest on faith, not exactly what you might expect from them and of course the guy at the top, Elon gets paid first. I figure he doesn’t really need the money but if some hedge funds become casualties then he’s still happy.

Personally I like Musk and if he’s out to get some revenge on some big boys then he’ll have retail’s enduring love. Revenge may not be good for mutual funds that have SpaceX in the portfolio.

Just found this. Hedge funds hoping and praying? Someone else’s opinion :

https://www.linkedin.com/posts/ricardo-g...VYRn9BlDwE
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#12
Syne Offline
A moon base is the best first test of technologies that could go on to be deployed on Mars. Low gravity manufacturing and moon launch capabilities are also huge assets toward reaching Mars.
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#14
Yazata Offline
Elon says, "Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many."

The Census Bureau estimates as of July 2025 states there are roughly 72 million U.S. children under 18. At SpaceX’s recent share price of about $147, the pledge is valued at approximately $10.6 billion. Elon owns about 6.4 billion SpaceX shares per an August SEC filing.

President Donald Trump confirmed it will be done through Trump Accounts.
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#15
Yazata Offline
SpaceX just announced its quarterly results, and to everyone's surprise it's profitable! (That's good news for me, since inevitably I'm a SPCX shareholder.) They are building so many giant projects that everyone assumed that there was no way that revenue could pay for it all.

Last quarter's revenue was $14.6 billion, up 161% from last year's comparable quarter's $5.6 billion.

Net quarterly income of $4.4 billion, up from a $1.1 billion quarterly loss last year.

Their two biggest money generators were renting AI/SI compute capacity to companies like Anthropic, and selling Starlink connectivity not only to individuals, but to worldwide government and corporate customers as well.

https://s21.q4cdn.com/184289198/files/co...esults.pdf

Starlink is currently operating in 174 countries (out of ~195 countries in the world). China, Russia, India, South Africa and Iran are the biggest remaining holdouts, for different reasons in each case. There are 13.6 million Starlink customers.
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