SPCX — Space Exploration Technologies Corp. - Class A Common Stock
Session close: $143.09. Regular-session share volume: 73,343,732. Change from previous close: +0.72%.
Key developments
SpaceX is proposing a multi-billion-dollar natural gas-fired power plant and supercompute facility at Starbase, Texas, with SpaceX set to construct, own and operate the infrastructure. The Starbase City Commission will review a property tax abatement and related economic development agreement at a public meeting. An affiliate filed plans for a gas pipeline slated to enter service early next year.
Company mentioned — Mentions SPCX in the article text. Elon Musk's SpaceX Reportedly Plans $24 Billion Gas-Fired Power Plant and AI Data Center In Texas
SpaceX shares took the hardest political hit in the space group after the Democratic sweep, then rebounded after CEO Elon Musk said fourth-quarter revenue should rise sharply from the third quarter and reiterated the company remains on track for a large annualized revenue rate in December. Venture investor Chamath Palihapitiya argued a data-center construction slowdown could let SpaceX reprice its compute deal with Anthropic.
Company mentioned — Mentions SPCX in the article text. Space Stock Tracker: Moon Contracts, Earnings and Midterms Rock the Sector · Company mentioned — Mentions SPCX in the article text. Elon Musk's SpaceX Could Gain More Power Over AI Computing Costs As Democrats Slow Data Center Expansion, Says Chamath Palihapitiya: 'The Kingmaking Move'