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NYSE:GSS.A 15 May 2026

Gemini Space Station Stock Jumps After Winklevoss Twins’ $100 Million Bitcoin Bet

Gemini Space Station Stock Jumps After Winklevoss Twins’ $100 Million Bitcoin Bet

Shares of Gemini Space Station shot higher in Friday’s premarket after a fresh $100 million infusion from the Winklevoss twins’ family office—capital coming in at a premium to Thursday’s closing price. The founder-led deal arrives as the crypto exchange posted a narrower quarterly loss than analysts had been bracing for. Timing matters here. Gemini debuted on the market in September priced at $28, yet shares ended Thursday at just $5.26. The company has struggled to reassure investors after a rocky opening stretch as a public firm.

Stock Market Today

  • Tesla (TSLA) Trades Above Industry Averages as Investors Weigh Valuation and Growth Bets
    June 30, 2026, 11:55 PM EDT. Tesla is trading at $420.60, up 91.3% over five years, but some numbers point to a stretched valuation. Its price-to-sales (P/S) ratio sits at 16.1x, well above the industry's 0.6x and peers at 1.4x. A separate fair value model comes in at 3.5x. Simply Wall St gives Tesla zero on its valuation checks, saying the stock doesn't stack up by earnings, assets, or cash flow. Bulls keep faith in Tesla's AI, robotics, and energy plans, supporting the high price, but there are worries about Full Self Driving and regulatory issues. The big question is whether Tesla's share price already bakes in its ambitious AI and energy goals or if investors have more to price in.
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