Largest Company end of December 2026?

Nvidia Buys Back a Record-Breaking $150 Billion in Shares, Surpassing Apple's Record

The World's Largest Stock Has Lagged. If Nvidia Runs, Tech and Markets Will Follow. -- Barrons.com

Nvidia is nearing becoming the first company in the world to reach a $6 trillion market capitalization, as investors return to the AI ​​chipmaker after a disappointing start to the year. The stock is hitting new record highs after the company delivered strong revenue guidance and announced the largest share buyback program in history, benefiting from a valuation near multi-year lows. The strong growth and low valuation stand out, especially at a time when investors are facing high interest rates and sluggish economic data. The stock has risen 30% this year, in a rally that has added $1.3 trillion to the company's market capitalization, bringing it to nearly $5.8 trillion. The company is the biggest contributor to the S&P 500's projected 14% gain in 2026. The price The stock had fallen 11% year-to-date as of March 30, as investors questioned the hundreds of billions of dollars being spent on AI infrastructure. Since then, the prevailing view of AI has shifted. Inflation risks and the prospect of interest rate hikes by the Federal Reserve have made tech giants like Nvidia seem relatively safe to investors. While there's a common view that share buybacks are simply a way for companies to inflate earnings per share without organic growth, this doesn't apply to Nvidia. In its previous earnings report, the chipmaker projected that its sales would expand by 70% in fiscal year 2028, far exceeding the expected growth rate of 45%, according to Bloomberg. #Arabic_Business

Nvidia's stock price broke through its May high, hitting a new all-time high, and its market capitalization returned to $5.7 trillion.

Apple on Track to Close at $5 Trillion Market Cap for First Time Ahead of iPhone Duo Release -- Barrons.com

Nasdaq just put SpaceX stock investors on notice. • SpaceX stock could attract significant passive demand after its Nasdaq-100 weighting more than doubled during the latest rebalance.

Why SpaceX Could See $15.5 Billion in Forced Buying From the Nasdaq-100 Rebalance. • SpaceX Set for $15.5 Billion Nasdaq-100 Demand Surge SpaceX shares, trading under the ticker SPCX, have remained relatively rang

SpaceX's total market capitalization has returned to $2 trillion, and its stock price has hit a new high since July 7.

SpaceX stock has been stuck in a narrow trading range recently, but a fresh wave of buying could arrive soon when the Nasdaq 100 makes its component weight adjustments later this month. The key factor is the combination of a little-discussed rule in the construction of this benchmark index and a series of progressively longer blackouts for Elon Musk's company shareholders, which have limited the number of shares available for trading. Nasdaq determines a company's weight in the index based on a market capitalization calculation, taking into account either its total outstanding shares or three times its free float, whichever is lower. This means that a stock with a low free float, which excludes insider-held shares or those subject to trading restrictions, will not have its full market capitalization used in calculating its weight. For SpaceX, which has a relatively small free float due to the blackout restrictions, this leaves it with a weight of 1/2 SpaceX's weighting in the Nasdaq 100 is 1.25%, making it the 19th largest company by market capitalization, though it ranks sixth in the index with over $2 trillion. This weighting is expected to increase following the upcoming index rebalancing, scheduled to be announced Friday after the market closes and take effect on September 21. This is partly due to the fact that restrictions on more than 1 billion shares have now been lifted, raising the free float to nearly 30% of SpaceX's outstanding shares, up from less than 10% immediately after its initial public offering. The company's free float could reach 2.25% after the rebalancing, which would require index funds and ETFs to purchase $15.5 billion worth of shares, according to JPMorgan estimates. Nasdaq data indicates that approximately $1.7 trillion A dollar's worth of assets tracked the Nasdaq 100 index through the end of the second quarter, according to Bloomberg. #Arabic_Business

Nvidia $NVDA is now back to being worth ~$1 Trillion more than any other company in the world

Nvidia stock: The world's most valuable company is growing much faster than expected.

Nvidia Soars 7% In Premarket As It Leads Upswing In Chip Stocks After Strong Earnings. • Nvidia said it expects revenue to rise by 70% in the next fiscal year as it sought to calm market jitter about demand for AI compute.

Antropic projects $30 trillion market size… Surpasses SpaceX

$SPCX - HARVARD BETS $2.2B ON SPACEX • • Harvard Management disclosed a $2.2B stake in SpaceX (SPCX), making it over 50% of its $4.26B disclosed U.S. equity portfolio. • • The position includes roughly 12.94M shares, making SpaceX Harvard’s largest reported U.S. holding. • • Other major institutional holders include Intesa Sanpaolo (~$966M) and the University of California (~$1B). • • SpaceX shares remain above their $135 IPO price, valuing the company near $1.85T.

World's biggest wealth fund buys $1.2 billion of SpaceX stock. • Norway's $2.3 trillion pension fund revealed its first SpaceX stake, a cautious buyer backing the stock's price after months of volatility.

Will Antropic Surpass SpaceX?… “Corporate Value Projected at $2 Trillion”

Elon Musk once again stunned the world during SpaceX's first earnings call: 6-8 GW of new data centers will be added in 2027 alone, potentially well over 10 GW. It sounds impossible, but we believe it. We believe SpaceX is on track to reach approximately 10 GW by the end of 2027 and has the potential to achieve $300 billion in annual recurring revenue (ARR). Why would anyone be willing to pay so much computing power? Inference is incredibly profitable. Our Tokenomics model and inference simulator show that OpenAI and Anthropic each sell API inference using GB300 clusters, generating over $100 billion in revenue per GW annually, while the leasing cost is only about $12 billion/GW/year. There's a third company that can replicate this economics: Microsoft. They gain full access to OpenAI models, without incurring training costs or taking a 20% revenue cut. In the past eight months, Microsoft has added 10GW of planned capacity! And the contract with SpaceX has a 90-day cancellation clause, making it relatively easy to sign. Can SpaceX really build it? Colossus 1's 300MW took only 122 days. The Southaven power plant grew from 27 turbines (approximately 495MW) in February to 69 turbines (1.7GW) in July. MiniHard is likely to reach 450-500MW in about five months. Speed ​​is paramount. So where will the sites be built in 2027? SemiAnalysis has evaluated all suitable sites for SpaceX for its Datacenter Model subscribers, and SemiAnalysis' Energy Model also tracks the gas equipment supply from over 30 suppliers quarterly.

Nvidia is now almost $1 Trillion larger than every other public company • • Nvidia's $NVDA market cap has increased by more than $100 Billion so far in today's early trading

BofA: Nvidia's $500 Billion Funding NVDA is bearing value, not debt: NVDA has signed Memoranda of Understanding (MOUs) with six top financial institutions (Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR) to mobilize over $500 billion in third-party capital through an independent platform. The financial burden rests on the consortium's, not NVDA's, balance sheet. GPUs as an Investable Asset Class: With this $500 billion in capital treating computing power as an investable asset class, residual value must be maintained. NVDA provides cross-operator interchangeable and transferable computing power, while CUDA extends its lifespan, keeping resale/leasing rates high and depreciation curves moderate. Extending the AI ​​Development Runway: Funding (not demand) has been the main bottleneck. This $500 billion funding pool allows non-investment-grade buyers (such as labs, emerging cloud service providers, and sovereign entities) to acquire hardware at attractive interest rates, reducing underwriting risk and supporting the long-term development path of the Total Accessible Market (TAM) for AI systems. Key Debates and Monitoring Risks: Notable concerns remain, including that memoranda of understanding are not necessarily deployed capital (requiring real end-users to pay real money), potential power and regulatory hurdles, inflationary input costs, and the opacity and complexity that the new financing structure may introduce to AI development.

Billionaire investor shorting SpaceX says one possible fix won't work. • Peter Andersen explains why he remains bearish on SpaceX and why a merger with Tesla would not solve business challenges.

SpaceX shares jumped 15.8% at the close of trading on Friday, reaching $133.11 and nearing their listing price of $135. The company's stock surge today brought its weekly gains to approximately 23%, adding more than $327 billion to its market capitalization during that period. The end of the lock-up period more than doubled the total number of shares available for trading to 1.55 billion shares, compared to 639 million shares at the time of listing. #Arabic_Business

SpaceX 10GW in 2027 – Why It’s Real, Will Drive $500B ARR for SpaceX, • and Why Microsoft Will Be the Largest Offtaker • Inference at 100B/GW/year, • SpaceX's stellar pace, • Microsoft's 10GW 2026 Awakening, Azure Can Grow Tiple-Digits • •

Semi Analysis: SpaceX 10GW in 2027 – Why It’s Real, Will Drive $500B ARR for SpaceX, and Why Microsoft Will Be the Largest Offtaker

Global IPO fundraising surges 206%! SpaceX sets record for largest IPO ever.

SpaceX stock plunges 14% at the close of trading, wiping out $225 billion in market value.

[ ZOOMER ] • • 18% CHANCE THAT TESLA AND SPACEX ANNOUNCE A MERGER THIS YEAR, AS SPACEX FALLS FOLLOWING FIRST EARNINGS CALL AND TESLA WEIGHS SALE OF ITS CHINA BUSINESS TO EASE POSSIBLE MERGER: POLYMARKET

18% Chance That Tesla And SpaceX Announce A Merger This Year, As SpaceX Falls Following First Earnings Call And Tesla Weighs Sale Of Its China Business To Ease Possible Merger Source: Polymarket

Meta Platforms $META is back to having a larger market cap than SpaceX $SPCX

JP Morgan on SpaceX: • • "We now project capex of nearly $200 billion in both 2027 & 2028, which further pressures free cash flow in 2027, a trend we see across the hyperscalers. We recognize the upcoming lock-up expiration on Thursday, August 6 of 911.5M shares, potentially increasing the current float of 639M shares by 143%, but we also believe there has already been significant pre-positioning ahead of this first expiration, the largest of many over the next several months."

SpaceX surprises markets: Revenues soar, losses lower than expected, and Elon Musk forecasts $100 billion in revenue by the end of 2026. #MarketsOpening #ArabiaBusiness