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Elon Musk's rocket and satellite maker SpaceX filed on Wednesday for its widely awaited initial public offering, which stands to raise the most ever in an initial offering. "It's a little scary to come in and say, 'Yeah, let's go invest in a $2 trillion company," hoping that they'll reach the stars.
Wednesday's rally is a mirror image of Tuesday's sell-off. Here's what changed overnight.
SpaceX is fine-tuning the details of Wall Street's largest-ever initial public offering (IPO), including its ticker symbol, the exchange on which it'll trade, a pre-IPO stock split, and its targeted debut date.
Anthropic is still private, but the market around it is starting to look very public.
BlackRock has discussed investing $5 billion to $10 billion in SpaceX's initial public offering next month, the Information news outlet reported on Saturday, citing people familiar with the matter. SpaceX is targeting a raise of about $75 billion at a valuation of roughly $1.75 trillion, potentially making it the biggest-ever stock market flotation. BlackRock declined to comment.
Yahoo Finance’s Julie Hyman and Head of News Myles Udland discuss the Cerebras (CBRS) PO as shares pull back after surging 70% in the biggest IPO debut of 2026.
The ballyhooed debut of AI chip firm Cerebras is a big moment for tech IPOs. But don’t ignore new biotechs and industrial stocks.
The stock market hit highs as Nvidia led and AI chip IPO Cerebras soared in its debut, while Broadcom and Taiwan Semiconductor flashed buy signals. The Trump-Xi summit continues.
The AI chipmaker opened at $350 per share on Thursday, well above its IPO price of $185.
The AI chipmaker opened at $350 per share, well above its IPO price of $185.
The AI chipmaker opened at $350 per share, well above its IPO price of $185.
Cabreras raises $5.5 billion in upsized IPO
A new entrant to the Nasdaq is set to test the strength of the IPO market today—and offer investors another way to bet on artificial intelligence. Cerebras Systems (CBRS), an AI chip maker backed by OpenAI’s Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.
It's fair to question whether retail investors have become a bit overzealous about SpaceX.
Space-related funds are seeing a surge of inflows as investors eagerly await the IPO of Elon Musk's SpaceX (SPAX.PVT). In the latest installment of Yahoo Finance's ETF Report, TMX VettaFi head of research Todd Rosenbluth to talk about the ETFs that could draw in the most investors — like the Procure Space ETF (UFO) — as interest in the broader space economy grows. Rosenbluth goes on to weigh in on prediction market ETFs that are set to launch.
On May 5, 2026, investors weighed an acquisition to expand Iren's AI cloud infrastructure to enhance the deployment and management of containerized enterprise solutions.
Though investors are waiting for Elon Musk's company to pinpoint its stock market debut, there's a far more encompassing filing right around the corner.
