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SpaceX is hoping to raise $75 billion at a $1.77 trillion valuation.

These expensive plays on SpaceX's IPO aren't worth the risk.

Shares of Marvell Technology, computer memory-maker Micron Technology and Advanced Micro Devices all fell sharply. Many investors may be moving portfolios out of stocks that have risen strongly this year to free up cash for the SpaceX IPO expected this week. Existing home sales in May came in ahead of forecasts.

SpaceX (SPAX.PVT) continues to turn investors' heads ahead of its IPO this Friday, June 12, as Elon Musk's space company strikes a deal with Alphabet (GOOG, GOOGL) for the Big Tech company to borrow computing power for $920 million per month. Yahoo Finance Senior Reporter Pras Subramanian discusses the value this has for investor sentiment on SpaceX's upcoming stock release. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

Investing.com -- Elon Musk’s Space Exploration Technologies Corp (NASDAQ:SPCX) has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, according to a report from Reuters. This massive influx of capital completely dwarfs the $75 billion the aerospace firm is seeking to raise. The deal’s oversubscription rate is currently running at three and a half to four times the planned offering size. Sources familiar with the matter indicated to Reuters that long-only

ChatGPT maker confidentially files for an IPO as AI rivals pursue public listings and infrastructure expansion.

Institutional demand builds as SpaceX prepares a $75 billion IPO that could value the company at about $1.8 trillion.

Mega-tech IPO history warns of sharp first-year declines, even as SpaceX, Anthropic and OpenAI prepare massive listings.

Elon Musk sat down with Jamie Dimon at a JPMorgan investor event to explain why now was the time for the SpaceX IPO

SpaceX is really a compute company, and Cipher Digital has closed a debt raise for $810 million tied to its Stingray AI data center for Amazon.

Tesla Under Pressure: Product Delays and Macro Shock Hit Shares

The market is gearing up for a SpaceX IPO on June 12, and it feels like yesterday that the business confidentially filed for its IPO. That was on April 1 this year. You would expect quiet action since then, but the space-AI hybrid is accelerating before the ticker goes live. SpaceX has signed two monster ... Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO

The stock now offers a 17% return to the deal price. That’s a really wide spread for a takeover deal, considering the target closing date.

A recent report from an investment firm suggests that SpaceX's Starlink could disrupt a $1.6 trillion market.

Wall Street has been hit by a major tech sell-off just days before Elon Musk’s SpaceX is expected to join the US stock market.

The $75 billion listing will mint 3000 new millionaires.

Wolfe Research says SpaceX's $75 billion IPO is turning Tesla merger speculation into a core thesis for TSLA investors.

The Milan-based digital brand collector has launched its U.S. public debut, unveiling explosive subscription growth and heavy reliance on AI automation.

Elon Musk’s SpaceX is seeing a massive wave of investor demand ahead of its public debut, with institutional buy orders heavily outstripping the $75 billion supply of shares.

OpenAI just took its most concrete step yet toward Wall Street, while going out of its way to say it has not actually decided to go public. The company confidentially filed S-1 IPO paperwork with the SEC and disclosed the move in a blog post. OpenAI was valued at roughly $850 billion after its $122 billion financing round ... Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation

Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.

A rush of mega-IPOs from OpenAI, Anthropic, and SpaceX could mint fortunes—and test whether the AI boom has gotten ahead of itself.

Investing.com -- SpaceX’s initial public offering has attracted orders from institutional investors that are several times larger than the number of shares available, according to a report from Bloomberg News, citing people familiar with the matter.

Oracle and OpenAI have a $300 billion deal for Oracle to build out AI data centers. Microsoft owns 27% of OpenAI, but the companies have renegotiated their cloud and licensing deals.

SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever completed. Before the ...

(Bloomberg) -- SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm's debut gets closer.Most Read from BloombergHouse Republican Says Hegseth's D-Day Remarks 'Inappropriate'Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race

(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000

Case in point: AST SpaceMobile Shares were up 1.4% in early trading Tuesday, while the was down 0.3%. An announcement by the company that three of its communications satellites were slated to head to the stars on June 17, aboard a SpaceX rocket, seems to have catalyzed the gains. AST is building a communications satellite constellation that will be used by Verizon Communications AT&T and others to improve wireless service on Earth.

OpenAI has confidentially submitted paperwork for an initial public offering, paving the way for what could become one of the most closely watched stock market debuts in years and a potentially significant liquidity event for its early backers. The filing follows Anthropic’s recent announcement that it intends to pursue its own public listing and comes just ahead of SpaceX’s anticipated market debut later this week.

Steve Eisman, the investor who made his name betting against subprime mortgages before the 2008 crash, wants no part of the SpaceX IPO. However, crypto traders feel the opposite, and they have the price tags to prove it. Eisman, now host of "The Real Eisman Playbook" podcast and a former ...