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SpaceX facilities in Hawthorne, California. Photographer: Ethan Swope/Bloomberg
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Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technology June 8 : SpaceX CEO Elon Musk said on Monday that building orbital AI data centers is not a difficult engineering challenge as the company prepares for its blockbuster IPO this week. The billionaire said that much of the required technology already exists in its current Starlink satellite network. "Part of what we want to convey here is that there is not some magic that is necessary, that doesn't exist," Elon...
We're trimming another stock to increase cash ahead of any SpaceX IPO volatility
We are selling 25 shares of Eaton at roughly $397. Following the trade, Jim Cramer's Charitable Trust will own 225 shares of ETN, reducing its weight in the portfolio to 2.3% from 2.6%. We're making our fourth sale this week to bring our cash position close to 12%, in preparation for what we expect will remain a volatile market ahead of the SpaceX IPO.
Tom Lee says the tech-stock dip ahead of SpaceX’s IPO will reverse afterwards
The space technology company’s upcoming IPO is currently dragging down tech stocks as investors move to raise cash.
Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO
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Wall Street needs a crash course in the token economy ahead of AI IPOs. SpaceX offers a preview
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