SpaceX

NASA selects Israeli satellite-imaging firm for commercial data contract

ImageSat International has signed a two-and-a-half-year framework deal with NASA to supply satellite imagery from its EROS and RUNNER systems. NASA said the broader commercial-dat…

Musk Falls Below $1 Trillion Again as SpaceX Shares Slide

Elon Musk has dropped back below $1 trillion in net worth after a steep fall in SpaceX and Tesla shares. Bloomberg put his fortune at $957 billion on Tuesday, though he remains th…

Elon Musk Quietly Built a Private Property Cluster Near Austin

Elon Musk has built a private housing cluster in West Lake Hills, Texas, using companies linked to him to buy at least three large homes. The purchases fit a broader pattern of un…

Micron Beats Wall Street Expectations, Shares Jump After-Hours

Micron reported second-quarter revenue of $41.46 billion and earnings of $25.11 per share, beating analyst estimates. The results came after a recent selloff in chip stocks, and t…

Elon Musk Falls Below $1 Trillion After Sharp Drop in SpaceX and Tesla-Linked Wealth

Elon Musk has lost his trillionaire status after a steep drop in SpaceX shares and new restrictions on Tesla stock reduced his fortune to about $962 billion. Despite the decline…

SpaceX raises $25 billion in bonds after record equity sale

SpaceX raised $25 billion in debt on Tuesday, shortly after completing the largest stock offering in history. Demand for the bonds reached nearly $90 billion, as the company seeks…

Israeli Investors Reap Paper Gains From SpaceX IPO Through StepStone Fund

StepStone VC Secondary Fund, sold in Israel to qualified investors, made large paper gains from SpaceX’s IPO. The Israeli slice of its SpaceX exposure was estimated at $3 million…

Bennett Says Israel Secretly Brought Starlink Devices Into Iran

Naftali Bennett said Israel secretly smuggled Starlink equipment into Iran in 2022 to help protesters bypass internet censorship. He said the program was later stopped, and Iran h…

Volatile U.S. Trading Day Ends With Modest Recovery After Tech Selloff

U.S. markets swung sharply on a volatile day, with the Nasdaq and S&P 500 falling after a selloff in memory-chip stocks. SpaceX briefly erased its post-IPO gains before rebounding…

OpenAI Debuts at Cannes to Court Advertisers Ahead of Planned IPO

OpenAI is using its first Cannes appearance to sell advertisers on ChatGPT ads while preparing for a fall IPO. The company says ad revenue will help fund access to information, bu…

Musk Predicts AI Could Surpass Humanity Within Five Years

Elon Musk said AI could surpass all human intelligence within four to five years, repeating increasingly short timelines for advanced AI. The article also cites similar industry f…

Chip Stocks Sink as Global Markets Sell Off on Tech Jitters

Global markets are falling as investors pull back from technology and chip stocks after last week’s AI-driven rally. Nasdaq futures, the S&P 500, U.S. chipmakers, and South Korean…

Seoul Trading Halted Twice as Asian Tech Selloff Deepens

Asian markets slumped Tuesday, with South Korea’s KOSPI falling nearly 10% and triggering circuit breakers twice. The selloff followed weak tech trading in the US, while investors…

Mixed Trading Across Asia as Oil Rebounds on Iran and Fed Concerns

Asian markets were mostly lower Tuesday as investors watched Federal Reserve policy expectations and the easing of U.S.-Iran tensions. Brent crude rose to $78.03 after a sharp dro…

Tel Aviv Seen Opening Mixed as Global Tech Slumps and Local Stocks React to Iran Tensions

Tel Aviv is set to open mixed, with dual-listed stocks rising sharply even as U.S. futures and Asian markets weaken. Yesterday’s local trade was mixed, led lower by defense and co…

Intel CEO praises Israeli talent, says company’s foundry push is central to growth

Intel CEO Lip-Bu Tan praised Israel’s entrepreneurial talent and said the country is a key focus for his investment attention. He also said Intel’s foundry business, recent Apple-…

Mixed Asian Trading as Tokyo Hits Record High

Asian markets were mixed as Tokyo’s Nikkei 225 hit a record above 72,000 and U.S. futures fell before key inflation data. The report also highlighted drops in oil, gold, and bitco…

Markets Open Weaker as Iran Talks, Fed Policy and Oil Drive Sentiment

Musk’s latest AI gamble: $60 billion stock deal for Cursor maker

SpaceX said it will buy Anysphere, maker of Cursor, in a $60 billion stock deal. The acquisition is meant to strengthen Elon Musk’s AI ecosystem and compete more directly with Ope…

Tel Aviv Stocks Slide as Investors Brace for Geopolitical Risk and Rate Moves

Global and Israeli markets are focused on the Iran-U.S. deal, Hormuz tensions, and upcoming inflation data. Tel Aviv shares fell sharply last week, while U.S. stocks and semicondu…

How Elon Musk’s Biggest Risks Built the World’s Richest Fortune

The article traces how Elon Musk became the world’s richest person by taking huge risks on companies that later transformed major industries. It highlights his early wins, SpaceX’…

Investor Warns of a 35% Drop in Wall Street Benchmark, Alongside Four Market Pieces

Globs published a five-item market roundup on June 16 to 18, 2026, centered on a bearish Wall Street warning, high-performing funds, and stock-picking ideas. The pieces also highl…

Record $119.2 Billion Pours Into U.S. Stocks as Tech Frenzy Builds

Bank of America said a record $119.2 billion flowed into U.S. equity funds in the week ended June 17, led by technology stocks. The report linked the surge to the end of the Iran…

SpaceX listing creates new billionaires as Musk’s stake tops $1 trillion

SpaceX’s Nasdaq debut made Elon Musk a trillionaire and created several new billionaire shareholders. The company briefly surpassed Amazon and Microsoft in market value before eas…

SpaceX Plans $20 Billion Bond Sale After Record Share Offering

SpaceX plans to raise at least $20 billion in a bond sale after its record $75 billion share offering. The money would mainly refinance a $20 billion bridge loan while funding the…

AST SpaceMobile Launches Three New BlueBird Satellites as Mars Rover Passes Marathon Mark

AST SpaceMobile launched three BlueBird satellites on a SpaceX Falcon 9, expanding its space-based smartphone internet constellation. NASA’s Perseverance rover also passed a marat…

AI veteran blasts xAI as unsustainable and warns of a bubble burst

Yann LeCun says Elon Musk’s xAI is a failure and warns that AI companies are running an unsustainable business model. He says the industry may need price hikes or cost cuts soon…

NASA teams with Relativity Space on new Mars atmospheric mission

NASA and Relativity Space, owned by Eric Schmidt, plan the Aeolus Mars orbiter for launch in 2028. The mission will study Mars’s winds, temperatures, dust and clouds, replacing th…

After FAANG and the Magnificent Seven, Wall Street Is Talking About MANGOS

Wall Street is circulating a new AI-era acronym, MANGOS, for Meta, Anthropic, Nvidia, Google, OpenAI and SpaceX. The idea has already inspired ETF filings, but critics say it is m…

Two Space Stocks Could Ride the Commercial Space Boom, Analysts Say

KeyBanc says the commercial space market is expanding fast and highlights Rocket Lab and Firefly Aerospace as top opportunities. Rocket Lab reported strong first-quarter 2026 grow…

Google Loses AI Pioneer Noam Shazeer to OpenAI

Noam Shazeer is leaving Google for OpenAI, marking a major loss for Google after it previously paid $2.7 billion to bring him back. The move follows his brief return to Google in…

Musk’s $28 Trillion SpaceX Vision Revives Bubble Fears Around AI and Space Stocks

Dr. Gali Ingbar says SpaceX’s huge valuation, driven largely by Elon Musk and AI hype, looks detached from its financial results. She warns that SpaceX, Anthropic and OpenAI could…

Tel Aviv stocks slip again as oil falls and markets digest Fed signals

Israeli stocks are set to open lower again after a 5% weekly drop, with weak local macro data, falling oil prices and negative arbitrage in dual-listed shares adding pressure. Mar…

Retail Investors Fuel SpaceX’s Meteoric Market Surge

Retail investors have become a major driver of SpaceX’s market surge, with about 30% of shares in the offering reportedly allocated to them. Analysts say the valuation may be pric…

Israeli Finance Leaders Debate Market Outlook Amid War and New Listings

Dozens of senior Israeli market figures met at a Calcalist and Migdal conference to discuss the future of the local economy and stock market. They debated whether recent declines…

FTX's Lost Stakes in Cursor and Anthropic Could Have Been Worth Tens of Billions

SpaceX's $60 billion purchase of Cursor revived attention on two FTX investments that were later sold for far less than their eventual value. One missed stake could have been wort…

Billionaires Add Record $336 Billion in a Single Day as Stocks Rally

A record one-day stock rally lifted the wealth of the world’s 500 richest people by $336 billion, according to Bloomberg. Elon Musk remained the biggest beneficiary, while the gai…

China Tightens Control Over Citizens’ Wealth as Capital Flight Hits Record

China is tightening controls on citizens’ money as record capital flight and a property-market collapse strain the economy. Beijing is limiting foreign investing and trying to kee…

Musk Becomes the World’s First Trillionaire After SpaceX Listing Delivers Historic Wealth Jump

Elon Musk became the world’s first trillionaire after SpaceX’s successful June 2026 listing boosted his fortune by an estimated $164.8 billion in one day. His wealth is now put at…

Asia Mixed as U.S. Futures Rise; Wall Street Rotates Out of Tech

Asian markets were mixed while U.S. futures rose, after Wall Street closed with a tech-to-value rotation and the Dow hit another record. SpaceX posted a huge valuation surge, Yum…

Xsight Labs Raises $300 Million at $2.5 Billion Valuation, Fueled by New Customers Including Starlink

Xsight Labs is raising about $300 million at a $2.5 billion valuation. The Krayot chip startup’s turnaround is being driven by new customers, especially Starlink, after years of m…

Musk's SpaceX buys AI coding startup Anysphere for $60 billion

SpaceX announced it will buy Anysphere, the company behind Cursor, for $60 billion. The deal is aimed at boosting SpaceX's position in enterprise AI and helping xAI compete with O…

Deloitte Launches Space-Based AI and Cyber Services with SpaceX

Deloitte launched three AI satellites with SpaceX and plans six more, aiming to build space-based data and cybersecurity services. The article also covered Israel’s AI economic de…

SpaceX Surges Past Amazon as Gina Rinehart Buys Over $1 Billion in Shares

SpaceX rose sharply to a $2.77 trillion valuation and briefly surpassed Microsoft, while also announcing a $60 billion purchase of Anysphere. Gina Rinehart bought more than $1 bil…

Asian Markets Mixed as Bank of Japan Raises Rates to Highest Since 1995

Asian markets traded mixed after the Bank of Japan lifted rates to 1%, the highest since 1995. Wall Street rallied again, led by SpaceX and chip stocks, while oil steadied, gold j…

Israeli Stocks Slip on Iran-U.S. Deal Expectations as Wall Street Rallies

Israeli shares are poised to open mixed, while Tel Aviv stocks have already fallen sharply on hopes for a U.S.-Iran agreement. Wall Street rallied, led by technology and chip stoc…

Investor Warns Nasdaq Could Fall 35% as Inflation and IPOs Drain Liquidity

Slavik Kolesnik warned that Nasdaq could fall 35% this year because of inflation and a coming wave of large IPOs. He said liquidity will likely be pulled from the Magnificent Seve…

El Al signs Starlink deal to offer free in-flight internet

El Al has signed an agreement with Starlink to install satellite internet systems on its planes and offer free in-flight internet. The rollout is set to begin in 2027, and the air…