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SpaceX Ripped Past a $2.5 Trillion Valuation Following Its Historic IPO. Is SPCX Stock a Dangerous Bubble at $185?
24/7 Wall St.45d agoneutral
SpaceX Ripped Past a $2.5 Trillion Valuation Following Its Historic IPO. Is SPCX Stock a Dangerous Bubble at $185?

At $185, SpaceX (NASDAQ:SPCX) faces a stretched setup. The newly public rocket and connectivity giant has become the loudest IPO story on Wall Street, and the price action since listing demands a verdict. SpaceX operates the Falcon and Starship launch systems, runs roughly 9,600-satellite Starlink broadband constellation across 164 countries, and houses xAI after an ... SpaceX Ripped Past a $2.5 Trillion Valuation Following Its Historic IPO. Is SPCX Stock a Dangerous Bubble at $185?

Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?
24/7 Wall St.45d agoneutral
Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?

The market’s attention has been fixed on SpaceX‘s (NASDAQ:SPCX) historic public debut and the company’s rapid climb toward a valuation exceeding $2 trillion. Yet the bigger story may not be the IPO itself. It may be what Elon Musk does next. Over the past several years, Musk has increasingly consolidated businesses that share technology, talent, ... Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?

Investing.com45d agoneutral
ITG targets $2.67 billion valuation in U.S. IPO

Investing.com -- Digital infrastructure company ITG plans to raise up to $429.3 million through its initial public offering on the Nasdaq, the Hendersonville, Tennessee-based firm said Monday.

Investing.com45d agoneutral
Lime seeks up to $1.66 billion valuation in US IPO

Investing.com -- Lime, the electric bike and scooter rental company backed by Uber, plans to raise funds through a U.S. initial public offering that could value the firm at up to $1.66 billion.

Oaktree-backed ITG targets $2.7 billion valuation in US IPO
Reuters45d agoneutral
Oaktree-backed ITG targets $2.7 billion valuation in US IPO

Digital infrastructure company ITG is targeting a valuation of up to $2.67 billion in its U.S. market debut, joining ‌a string of issuers rushing to capitalize on AI-driven demand ‌and benefit from a busy summer IPO window. The post-SpaceX IPO market has remained busy as ​companies rush to seize the strong conditions for new listings before the traditional summer lull kicks in. Uber-backed ‌electric-bike startup Lime and ⁠silver miner Sinda also launched their U.S. initial public offering roadshows on Monday.

Bloomberg45d agoneutral
Biggest US Home Lender’s Merger Fight Spotlights Its 60% Stock Slide

(Bloomberg) -- Mat Ishbia’s frustration was boiling over. The billionaire chief executive was trying to salvage a deal he described in February as a “strategic inflection point” for his company, United Wholesale Mortgage. After months of back-and-forth — and a steep decline in his own wealth — he didn’t hold back. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Enga