Key News Facts
SpaceX went public on June 12, 2023, but has seen its stock value plummet to $108 from a peak of $225, losing over 50%. The company currently holds a market capitalization of $1.43 trillion while generating just $19.3 billion in revenue over the last four quarters, reflecting a high price-to-sales ratio of 74.
Microsoft is experiencing significant growth in its AI and cloud sectors, with its Azure platform surpassing $100 billion in annual revenue for the first time in fiscal 2026, demonstrating an impressive 43% year-over-year growth. Additionally, the company recorded a backlog of $678 billion in orders for Azure services.
As of June 30, 2023, Microsoft has reported 30 million licenses for its Copilot for 365, a 50% increase from March, capitalizing on its existing user base of over 400 million Office 365 licenses. Microsoft stocks are currently trading at a price-to-earnings ratio of 25.1, considerably lower than the Nasdaq-100’s 33.1.
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