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Tag Archives: spacex

SPCE Stock 17.63% Down in Premarket, Two NASA Employees Test Coronavirus Positive

NASA Marshall center claimed that they have the employee tested positive for the coronavirus. SPCE stock started falling in the premarket after a good Friday.Johns Hopkins University says the U.S. already has 3,300 or more contamination cases. Dow and S&P 500 do not show any signs of positive resolve. Nasa, Boeing, Blue Origin and Lockheed Martin have set the limit for their employees, they also cancel public events. The development of important spacecraft hardware is under attack....

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Virgin Galactic (SPCE) Stock Down 10% on Monday while Elon Musk Worries about SpaceX

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...

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Elon Musk Calls Coronavirus Panic ‘Dumb’ while Tech Companies Take Control Measures

It seems that Tesla CEO Elon Musk is not afraid of the coronavirus and is not going to panic while other giant tech companies are advising their employees to work remotely.Tesla Inc (NASDAQ: TSLA) CEO Elon Musk through a tweet disregarded the ongoing coronavirus panic where he called it ‘dump’. His comment seems to have been welcomed well by a huge group of his followers, where the tweet had hit 1.1M likes at the time of writing.The coronavirus panic is dumb— Elon Musk (@elonmusk) March 6,...

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Elon Musk Predicts that Chinese Economy Will Surpass U.S. at Least Twice

Elon Musk believes that it would be easy for China to surpass the U.S. in economic size. His prediction is not baseless as China is the fastest-growing trillion-dollar economy.On February 26, the Air Force Association’s Air Warfare Symposium (AWS) began in Orlando, Florida. AWS is a premier event for the aerospace and defense industry that brings together the top leadership of the Air Force and leaders in the industry, academia, and government officials. During the event, the issues and...

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SpaceX Plans to Raise $250 Million to Let Its Valuation Hit $36 Billion

Elon Musk’s SpaceX is going to raise an impressive sum of $250 million. It will help to add around $3 billion to the company’s valuation and bring it to the level of $36 billion.SpaceX is seeking to raise $250 million. The new funds sought reportedly will be valued at $220 per share. Sources indicate that this new valuation after raising funds would be at $36 billion. This will be an increase from $33.3 billion. The funding round is expected to close in the second week of the next month....

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Sorry Tesla, Richard Branson’s Virgin Galactic (SPCE) Takes On TSLA on Wall Street

While you might have been caught by the Tesla bug with its massive TSLA stock surge in the market, you might have missed Virgin Galactic’s meteoric rise on Wall Street. The SPCE stock has surged over 200% as of Wednesday closing.With the wild stock market rise, Wall Street investors are riding high on optimism at the moment. Tesla (NASDAQ: TSLA) has indeed been the star performer in the market with its price skyrocketing over $900 on February 19.Amidst a strong Q4 2019 performance, Tesla...

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Elon Musk Is Undecided about Bitcoin but Thinks It Is ‘Pretty Clever’

Tesla and SpaceX CEO Elon Musk has once again shared his opinion on Bitcoin and its utility. On Monday, Musk was interviewed on the Third Row Tesla Podcast where he spoke about many things including his current and past endeavors. Among the topics discussed was the future of technology and how Bitcoin might relate. Musk explained his thoughts on Bitcoin.How Elon Musk Feels about BitcoinDuring the interview, Musk declared that he is neutral about Bitcoin’s potency. Even though he didn’t...

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Will SpaceX Run IPO as It Plans to Send NASA Astronauts to Space in Q2 2020?

Yesterday, SpaceX CEO Elon Musk made a very important announcement. According to the CEO, SpaceX will be able to send NASA astronauts to space sometime before the first half of 2020 is over. After concluding a successful test of the Crew Dragon capsule, Musk spoke to the press about the mission. But as plans move forward, the unanswered question on the minds of most is, will 2020 be the year for SpaceX IPO?Watch live as SpaceX tests Crew Dragon’s in-flight launch escape capabilities...

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Elon Musk: Bitcoin Is Not My Safe Word

Elon Musk – the head honcho behind SpaceX and Tesla – got under crypto enthusiasts’ skin this week when he submitted a very strange tweet about bitcoin.Elon Musk Is Up to His Old TricksThe world’s number one cryptocurrency has a very bad habit of attracting unwanted attention and controversy wherever it goes. While many are in favor of the digital asset, others see it as something to utilize in malicious actions or as a means of stirring the wrong kinds of feelings within the industry.It is...

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Bitcoin Price to Rise above $20,000 in 2020 due to This Reason, Says BitPay’s Sonny Singh

If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only the beginning for the world’s king coin.$20,000 Prediction for Bitcoin in 2020In a recent conversation with Bloomberg’s Taylor Riggs which took place on Wednesday, Singh spoke quite...

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