Today: 4 July 2026
Browse Category

NASDAQ:SPACE 14 June 2026 - 18 June 2026

ARK ramps up SpaceX buys as Musk-led stocks keep rallying

ARK ramps up SpaceX buys as Musk-led stocks keep rallying

ARK Invest has bought a stake in SpaceX valued at over $500 million, one of its largest market moves in years as Elon Musk’s rocket and AI company draws new trading interest. Cathie Wood’s firm picked up almost 3.3 million SpaceX shares on IPO day, according to trade figures reported by CoinDesk. Timing stands out in this trade. SpaceX shares jumped after last week’s debut, fueled by strong demand both for the stock and for options contracts. Those contracts let investors buy or sell shares at specific prices. Reuters said Tuesday that SpaceX overtook Amazon’s market cap and at one point passed Microsoft during the session before pulling back.
16 June 2026
···
Musk’s Historic IPO Pushes Up Ron Baron’s $30 Trillion SpaceX Stake

Musk’s Historic IPO Pushes Up Ron Baron’s $30 Trillion SpaceX Stake

SpaceX’s massive IPO is back in the spotlight, putting Ron Baron’s SpaceX investment in the headlines again. Shares rose more than 6% ahead of the open Monday, after jumping 19% Friday on their Nasdaq start. Reuters reported SpaceX now tops $2 trillion in value. Baron Capital’s stake converts from private to public, giving investors a shot at Elon Musk’s package of rockets, satellites and AI—and a real-world price tag. Baron’s firm put out details on its SpaceX investment in an April investor letter. Ron Baron said SpaceX gave his firm a 54% compound annual return since 2017. He predicted SpaceX could see gains of “10x-20x-30X its IPO price” over 15 years after it goes public. In that letter, Baron said the company had turned a $1.75 billion stake in SpaceX into $13 billion. Private holdings valued at $15 billion could get to $24 billion at IPO, Baron wrote.
15 June 2026
··
ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Invest, run by Cathie Wood, ramped up buying in SpaceX after the Elon Musk company started trading publicly, shifting a week of portfolio selling into a new bet on a headline IPO. Investor’s Business Daily said ARK snapped up almost 3.3 million SpaceX shares on the first day. Reuters said SpaceX stock surged 19% in its Nasdaq debut, following a record $75 billion IPO. SpaceX closed Friday at $160.95 per share, which values the company near $2.1 trillion, Reuters said. That puts it at number six among U.S. companies by market cap. The debut was enough to push Musk’s net worth into the trillions on paper as investors bought into a story built on rockets, satellites, and AI. Reuters pointed out that SpaceX isn’t profitable.
14 June 2026
······
SpaceX Stock Faces Investor Divide as IPO Surge Raises Doubts About Doubling by 2027

SpaceX Stock Faces Investor Divide as IPO Surge Raises Doubts About Doubling by 2027

SpaceX’s jump to public markets has shifted the conversation from private valuations to a live ticker: can the stock double by end-2027? The math says maybe, but it’s a stretch. Reuters said SpaceX shares surged 19% on their Nasdaq open Friday, closing at $160.95 after a $75 billion IPO, the biggest ever. That set the company’s value at about $2.1 trillion. To double, the price tag would need to hit nearly $4.2 trillion in about 18 months. That’s important because stocks go up when buyers pay more for future cash flows — the profit left after costs — and when there are more buyers than sellers. Shares drop when growth hopes cool, losses get tougher to reverse, higher rates eat into future gains, or investors figure prices have too much good news built in. SpaceX is seeing both sides: strong demand after a rare IPO, but also a high valuation that leaves little margin for missteps.
14 June 2026
·

Stock Market Today

  • WiseTech Global (ASX:WTC) Seen Up to 56% Undervalued on AI Hopes
    July 4, 2026, 12:52 PM EDT. WiseTech Global (ASX:WTC) shares are down 20.29% in the past month and have dropped 70.50% over 12 months, even as the five-year total shareholder return sits at 8.81%. The company is pushing AI upgrades for its CargoWise platform and trades near A$33, while estimates put fair value closer to A$75.22-about 56% higher. The discount is tied to bets on faster growth, better margins, and steady recurring revenue as its AI logistics system rolls out. But with a P/E at 47x, well above the software peer group average of 19.1x, there's risk if sentiment turns. Investors are watching possible AI-driven gains while balancing ongoing integration issues and swings in the stock.
Go toTop