SpaceX — The Projection

News · last 7 days

SpaceXAI is offering Memphis and Southaven residents 50% off Starlink and a waived $349 hardware fee as a goodwill gesture amid the turbine backlash — about 2,000 sign-ups since late June — and House Republicans are still negotiating whether to bring the bipartisan Ratepayer Protection Act (52-0 out of committee in July) to the floor the week after Labor Day. 2026-09-04

Summary

SpaceX's stock kept hitting fresh all-time lows through July 28, with Morgan Stanley pricing its AI unit at zero as it slid toward its IPO issue price.

SpaceX (Nasdaq: SPCX) hit a fresh all-time low near $100 on July 27, its third straight down day.
Morgan Stanley priced SpaceX's AI unit at zero as the stock traded below $100 on July 28.
SpaceX had already slid toward its $1.77T IPO issue price by July 24, having listed on June 12.
Congress reportedly bought the dip on July 28 even as Morgan Stanley zeroed out the AI unit's value, per the megacap thread.

Whether SpaceX's first post-IPO earnings on August 4 stabilizes the stock, and whether Grok 4.6's promised August ship date holds, are the open tests.

Threads

open / developing — being actively tracked right now · resolved — the story concluded · retired — tracking dropped (folded elsewhere or went quiet) · resolved and retired threads stay published as the record, just out of daily sweeps

· Colossus — open · last seen 2026-08-29

· Grok — open · last seen 2026-09-03

· Musk Megacap — open · last seen 2026-09-03

· Grok Harm — open · last seen 2026-09-04

· Where the Capex Lands — open · last seen 2026-08-30

· Power Buildout — open · last seen 2026-09-01

· Datacenter Sites — open · last seen 2026-09-05

· Grid & Turbines — open · last seen 2026-09-03

· Lab IPO Wave — open · last seen 2026-08-31

Items this week

SpaceXAI is offering Memphis and Southaven residents 50% off Starlink and a waived $349 hardware fee as a goodwill gesture amid the turbine backlash — about 2,000 sign-ups since late June — and House Republicans are still negotiating whether to bring the bipartisan Ratepayer Protection Act (52-0 out of committee in July) to the floor the week after Labor Day. The Southern Environmental Law Center's response to the discount: communities "aren't asking for discounted internet service. They're asking xAI to shut down its illegal, unpermitted power plant." Both reported the morning of 09-04 and not on the record until now. (Tom's Hardware, Roll Call) 2026-09-04