Latest updates, press releases, and insights from the volatile world of digital assets.
The cash purchase of low-band licenses from Grain Management aims to enable direct-to-device satellite service and fuller U.S. mobile coverage, pending FCC approval, while pressuring major carrier shares in after-hours trading
SpaceX is pursuing roughly $40 billion in bank loans and investment-grade debt, led by Apollo Global Management, to acquire Nvidia processors for terrestrial data centers and planned orbital systems, with a potential 2027 close
SPCX closed near $137 after a pullback from weekly highs, as Deutsche Bank projects a sharp rise in recurring revenue while Bernstein highlights technical hurdles for direct-to-device service
Analysts from major banks have initiated coverage on SpaceX with buy ratings and price targets reaching as high as $800, pointing to strong growth potential in launch services, satellite broadband, and related areas
