Physical AI Will Be One of the Fastest Areas of AI over the Next 4-5 Years: Oppenheimer's Tim Horan

Physical AI will be one of the fastest areas of AI over the next 4-5 years: Oppenheimer's Tim Horan

Timothy Horan, Oppenheimer tech analyst, joins 'Squawk Box' to discuss the fair value for SpaceX, the road ahead for the company following its IPO debut, the company's mobile ambitions, and more.

$10,000 invested in SpaceX stock at IPO is now worth

Following an impressive stock market SpaceX (NASDAQ: SPCX) launch, the equity took a sharp downward turn shortly after setting a record valuation of almost $3 trillion on June 16. By press time on June 26, SPCX shares have retraced nearly completely to their original opening price of $150 and are changing hands at $150.96. Still, SpaceX stock price remains above the initial public offering (IPO) ask of $135. Indeed, despite the latest SPCX equit…

SpaceX Stock Falls 30% From IPO Peak Amid Global AI Sell-Off

SpaceX stock has fallen more than 30% from its post-IPO peak, erasing roughly $600 billion in market value in less than two weeks. Shares of SPCX dipped below their $150 debut price on Tuesday, June 23, before recovering slightly, as a global technology sell-off driven by AI spending fears hit semiconductor and mega-cap stocks from Wall Street to Seoul. The company completed the largest IPO in history on June 12, pricing at $135 per share and ra…

Volatile Trading Follows Spacexs Record $75 Billion IPO

Quick Summary: Volatile Trading Follows Spacexs Record $75 Billion IPO SpaceX’s valuation briefly surpassed Amazon, reaching $2.9 trillion — the surge was fueled by a stock spike and AI acquisition. Investors question SpaceX’s sustainability — a $20 billion bond plan reveals its ongoing capital needs. SpaceX raised $75 billion from its IPO — only 4% of shares were available, leading to volatile trading. SpaceX’s AI ambitions include a $60 billi…