SpaceX sees bigger market opportunity within AI than in space, filing

SpaceX's pivot towards AI suggests a significant strategic shift, as they perceive greater growth potential in artificial intelligence compared to their traditional space ventures.

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Tesla (TSLA) says that In April, it entered into an agreement to acquire an AI hardware company for up to USD 2bln in Tesla common stock and equity awards

Netflix (NFLX) has authorised a buyback of an additional USD 25bln of shares

SpaceX sees bigger market opportunity within AI than in space, filing

Honeywell (HON) Q1 2026 (USD): adj. EPS 2.45 (exp. 2.32), Revenue 9.14bln (exp. 9.3bln); reaffirms outlook

PG&E (PCG) Q1 2026 (USD): EPS 0.39 (exp. 0.39), Revenue 6.88bln (exp. 6.31bln); FY Outlook 1.64-1.66 (exp. 1.65)

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This move could influence investor sentiment, highlighting the tech sector's allure and possibly impacting valuations within both AI and aerospace segments.

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