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SpaceX Tesla Merger Odds Are Rising
Barrons.com56d agoneutral
SpaceX Tesla Merger Odds Are Rising

There is rarely a dull day for investors in Elon Musk's companies. Now that the SpaceX IPO is done (secondary market trading will start Friday), thoughts can turn back to the long-term plans Musk might have for his business empire. A merger with Tesla is on the table.

Musk's SpaceX raises $75 billion in largest IPO ever
Reuters56d agoneutral
Musk's SpaceX raises $75 billion in largest IPO ever

Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion. ​It's definitely ​going to be a long-term story, and I think it will ​take time for the stock to find its footing ‌in the public markets.

SpaceX takes unconventional route to pricing its stock ahead of IPO
Yahoo Finance Video56d agoneutralVIDEO
SpaceX takes unconventional route to pricing its stock ahead of IPO

It's SpaceX IPO Eve (SPAX.PVT) and Elon Musk's space company is setting its IPO price on Thursday night, taking an alternate route to offer stock at $135 per share rather than a general range. Yahoo Finance Senior Reporter Pras Subramanian breaks down this unconventional public stock offering. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX.

Credo Technology (CRDO) Completes Acquisition of DustPhotonics to Expand Optical Connectivity Portfolio
Insider Monkey56d agoneutral
Credo Technology (CRDO) Completes Acquisition of DustPhotonics to Expand Optical Connectivity Portfolio

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the best IPO stocks to buy and hold for 2 years. On May 28, Credo Technology announced the completion of its acquisition of DustPhotonics. The deal integrates DustPhotonics’ silicon photonics technology into Credo’s portfolio, enabling support for 800G, 1.6T, and 3.2T optical connectivity. This acquisition provides […]

This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees
24/7 Wall St.56d agoneutral
This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees

Pfizer (NYSE:PFE) is in the middle of its biggest reinvention in a generation, leaning on the Seagen oncology platform and the freshly closed Metsera obesity assets to offset a COVID revenue cliff and looming patent losses. With shares at $25.60 and yielding nearly 7%, the only question that matters for income investors is whether that ... This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees