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    SpaceX stock today: SPCX rebounds 4.89% after 9% crash; can Adam Spatacco's prediction about Musk's Baron conference spark a rally?

    Adam Spatacco's SpaceX stock prediction: SpaceX stock is trying to recover after Thursday’s 9.05% crash, with SPCX rising 4.89% to $129.66 in Friday premarket trading. Investors are now watching Elon Musk’s appearance at Baron Capital’s annual conference. Investor Adam Spatacco sees a potential rally catalyst, but the question is whether Musk can offer updates that support Starlink and the company’s AI growth story. Musk's appearance at the 2022 conference did not produce a positive reaction in Tesla shares.

    Qualcomm's smartphone chip sales miss estimates, shares fall

    Demand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and squeezing smartphone processor designers such as Qualcomm.

    Qualcomm said the equipment would provide a flexible foundation for a multi-band network, which can be deployed in stages. The initial rollout will focus on terrestrial 5G, with the architecture designed to accommodate developments in connectivity and network intelligence.

    SpaceX in talks to buy Boost Mobile or use its network: Report

    The Elon Musk-led rocket maker is looking to build a hybrid satellite-terrestrial mobile network through Starlink Mobile to challenge US wireless giants AT&T, Verizon and T-Mobile, combining its satellite constellation with ground based infrastructure to compete directly in the telecom market.

    Elon Musk’s SpaceX loses $400 billion in market value in weeks: What’s driving SPCX stock down?

    SpaceX market value crash: SpaceX has lost more than $400 billion in market value since October 6, with shares falling below $2 trillion in valuation. The sell-off follows the expiration of a major share lockup and comes amid concerns over Intel’s weak forecast, Starlink scrutiny and potential regulatory hurdles for a reported SpaceX-Tesla merger.

    UAE, Canada space firms in alliance as nations seek Starlink alternatives

    Terrestar Solutions Inc. has entered into a partnership with Space42 Plc and Viasat Inc. to enhance mobile satellite connectivity. This collaboration aims to create an open standard for sharing satellite infrastructure globally. The parties signed a memorandum of understanding in Ottawa during an important diplomatic visit. Terrestar plans to develop a low-Earth orbit satellite system to improve coverage in underserved areas.

    • Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?

      Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?

      US agency approves Amazon Leo's $11.5 billion acquisition of Globalstar

      The Federal Communications Commission said Tuesday it has approved Amazon Leo's $11.5 billion deal to acquire Globalstar as the retail giant's satellite arm aims to build a satellite-based communications network to take on Elon Musk's SpaceX Starlink unit.

      Sat Sovereign, Not Satrapi: Why India can't get locked in with one side in satcom battle

      Elon Musk argues that Starlink can benefit underserved rural areas of India through improved connectivity. The ongoing debate surrounding satellite communications in India is focused on pricing and market control. Countries are competing for access to low-Earth orbit frequencies and altitudes, which are limited resources. India has an opportunity to create a non-aligned satcom policy to ensure equitable access.

      Musk is getting it wrong on India's space "oligarchs". Here's why

      Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market.

      SpaceX Q3 revenue soars 161% YoY on AI business growth, beating estimates

      Elon Musk's SpaceX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI business and steady growth at its Starlink

      SpaceX earnings to be released tomorrow, October 20: 10 points to know

      SpaceX will release its third-quarter 2026 earnings after the US stock market closes on Tuesday, October 20. The report lands one day before Tesla shares its own results on Oct. 21. Because SpaceX is privately held, financial data usually circulates through private investor letters rather than public filings.

      SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk grows

      As SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insights into revenue and earnings growth. Analysts will likely center their analysis on Starlink’s performance alongside profits from Tesla’s vehicle sales. With Tesla's annual meeting scheduled for December 3, potential merger discussions are also on the horizon, impacting future strategies amid significant capital expenditures that foreshadow negative free cash flow.

      Musk’s SpaceX, Tesla results to test AI spending as merger speculation builds

      SpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight into both companies amidst merger speculation. Analysts are particularly focused on Starlink's revenue growth and Tesla's profits from car sales. Both companies are investing significantly in AI, influencing their financial outlooks. The upcoming results are anticipated to clarify the potential for a merger between them.

      Elon Musk's Starlink responds to Reliance, says ‘ready to connect India’ with high-speed internet

      Starlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with regulators, industry and operators and built dedicated infrastructure with the requisite government approvals. The Elon Musk-led company made the statement while tagging Reliance Industries' post on competition in satellite communications.

      Reliance Industries welcomes Starlink competition while urging compliance with Indian laws

      Reliance Industries expressed its openness to competition within India's satellite communications market. The company welcomed Starlink’s entry while emphasizing the need for compliance with Indian regulations. Reliance stated that its satellite services are awaiting necessary government approvals for operations. Elon Musk claimed that oligarchs are blocking Starlink's entry into India, which Reliance addressed in its statement. Other satellite operators also continue to seek Indian government clearances to start their services.

      Reliance says Starlink welcome, but all players must follow Indian laws

      Reliance Industries stated that it welcomes competition, including Starlink, in the satellite communications sector. The company emphasized the need for all players to comply with Indian laws and regulations. Reliance noted that its satellite services are also awaiting necessary approvals. Elon Musk raised concerns about competition being hindered by oligarchs in India. The communications ministry reaffirmed the requirement for security compliance prior to spectrum assignment.

      Musk’s company unwilling to follow India rules, must set up local base stations: Official

      Starlink, the satellite communication company owned by Musk, is currently facing regulatory challenges in India. The Indian government requires the establishment of local base stations before granting a service license. Security concerns regarding data transmission and storage have also been raised by Indian authorities.

      Telecom stocks under fire, sink up to 13% as Elon Musk’s Starlink buys spectrum from Grain Management

      SpaceX’s move to acquire low-band spectrum licences has intensified concerns about disruption in the US telecom industry, sending shares of Verizon, AT&T and T-Mobile lower. The company plans to combine satellite connectivity with terrestrial infrastructure to expand Starlink Mobile coverage. The deal, alongside regulatory approval for its next-generation satellite constellation, signals an escalation in SpaceX’s challenge to established wireless operators.

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