Elon Musk Giving Out SpaceX Shares
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On Tuesday, SpaceX is due to post its second earnings report as a public company. Investors will be focused on the company's business of renting out AI capacity, which is a driver of fast revenue growth — and hefty expenses.
SpaceX will launch a mission from Vandenberg that will tie the annual record for rocket launches in California.
Ahead of SpaceX’s quarterly earnings report, many on Wall Street are wondering whether Elon Musk will combine it with Tesla.
Days earlier, President Donald Trump told CNBC he expected Musk to donate SpaceX stock to Trump Accounts, which seed $1,000 for children born between 2025 and 2028. Corporate America has piled into the program since launch; Michael and Susan Dell have pledged $6.25 billion.
Earlier this month, SpaceX took a major step toward its goal of becoming a wireless carrier with the acquisition of Grain Management's portfolio of low-band spectrum. The company aims to turn Starlink Mobile into a direct-to-consumer offering,
Kalshi odds for a Tesla-SpaceX merger rose above 50% for early 2027 as Barclays outlined how a deal could work.
