Musk's xAI loses trade secret lawsuit against OpenAI
Reported by Reuters
Sentiment
Negative
Importance
7
Price
$176.58
Mkt Cap
$2.309T
52W Low
$149.34
52W High
$177.58
Market data snapshot near publication time
Summary
A federal judge dismissed a trade secret lawsuit brought by Elon Musk's xAI against OpenAI, ruling xAI failed to prove its claims. The dismissal was with prejudice, preventing xAI from refiling. This is a legal setback for SpaceX's AI subsidiary, xAI, potentially affecting its competitive standing against OpenAI in the AI sector. This follows SpaceX's recent IPO.
At the time of this announcement, SPCX was trading at $176.58 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.3T. The 52-week trading range was $149.34 to $177.58. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
SPCX - Latest Insights
SPCX
Jun 15, 2026, 9:23 PM EDT
Price at Filing:
$199.21
Real-time Price:
$199.21
Change:
$0 (0%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 5:01 PM EDT
Price at Filing:
$193.10
Real-time Price:
$199.21
Change:
+$6.11 (+3%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 4:31 PM EDT
Price at Filing:
$194.43
Real-time Price:
$199.21
Change:
+$4.78 (+2%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 11:52 AM EDT
Price at Filing:
$176.58
Real-time Price:
$199.21
Change:
+$22.63 (+13%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 10:18 AM EDT
Price at Filing:
$174.15
Real-time Price:
$199.21
Change:
+$25.06 (+14%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 5:53 AM EDT
Price at Filing:
$170.85
Real-time Price:
$199.21
Change:
+$28.36 (+17%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 4:49 AM EDT
Price at Filing:
$169.90
Real-time Price:
$199.21
Change:
+$29.31 (+17%)
Market Cap:
$2.538T
SPCX
Jun 15, 2026, 12:28 AM EDT
Price at Filing:
$166.85
Real-time Price:
$199.21
Change:
+$32.36 (+19%)
Market Cap:
$2.538T
SPCX
Jun 14, 2026, 5:30 AM EDT
Price at Filing:
$166.85
Real-time Price:
$199.21
Change:
+$32.36 (+19%)
Market Cap:
$2.538T
SPCX
Jun 13, 2026, 9:00 PM EDT
Price at Filing:
$166.85
Real-time Price:
$199.21
Change:
+$32.36 (+19%)
Market Cap:
$2.538T