Traders on Polymarket have sharply scaled back bets that a Tesla-SpaceX merger will be announced this year, even as Wall Street analysts insist a tie-up is only a matter of time. The prediction market now puts just an 11% chance on an official announcement by 30 September, down 28 percentage...
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By Akash Sriram July 16 (Reuters) - Global investment in space startups was near record levels in the second quarter, buoyed by investor enthusiasm following SpaceX's nearly $86 billion initial public
New arrivals on the stock market often generate plenty of early hype. Their average early returns are less exciting.
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Shares of Musk’s rocket and telecom company slipped under the $135 debut price this week, and selling hasn’t even started yet.
Shares of SpaceX briefly traded below their IPO price on Wednesday, a first for the stock just over a month after going public. The rocket maker’s stock recently traded at $135.38, down 0.5% from yesterday’s close.
Australian brokerage plans more U.S. listings after record SpaceX demand from nearly three million clients.
Anthropic is looking to kick off meetings for its blockbuster initial public offering in the coming weeks, according to a Bloomberg report. The move could help put the AI chatbot maker's IPO firmly ahead of rival OpenAI's. The banks leading Anthropic's much-anticipated IPO are setting up meetings for the company with investors, according to the Bloomberg report, which cites unnamed sources.
The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.
The stock has shed about 34% from its peak, pulling SpaceX's market cap down to roughly $1.75 trillion from above $2.6 trillion last month

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SpaceX stock continued its multi-week downtrend Wednesday, officially falling below its IPO listing price.
Shares slipped 2.5% to $132.72 in recent trading. Over the past month they have edged lower; even SpaceX’s addition to the Nasdaq-100 index didn’t boost them. SpaceX is hardly the first big IPO to struggle in early days or weeks of trading.
Investing.com -- SpaceX shares dropped below their initial public offering price for the first time on Wednesday as the post-debut rally continued to fade.
Shares in Elon Musk’s SpaceX have fallen below their initial public offering (IPO) price for the first time since the rocket company went public.
SpaceX shares dropped below their initial public offering price on Wednesday, a first for the company, just over a month after a frenzy over the rockets-to-AI firm powered the biggest IPO ever and made Elon Musk the world's first trillionaire. Its shares slid 1.9% to $133.5, falling below the $135 apiece IPO price and well below the all-time high of $225.64 that had propelled the company's market valuation briefly above those of Silicon Valley giants Microsoft and Amazon. The decline leaves investors who bought into the company at the IPO price sitting on paper losses for the first time, potentially testing confidence in the stock.
SpaceX stock slid on Wednesday, breaching a crucial price level.
SpaceX (SPCX) shares slid on Wednesday, breaching a crucial price level.
SpaceX shares are on watch Wednesday morning after another down day for the stock, and a crucial level almost breached.
Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.
The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs.
The historic SpaceX initial public offering was good for Morgan Stanley’s investment banking division. The firm’s wealth division also got a boost from IPOs. Morgan Stanley’s wealth division raked in $148 billion in net new assets in the second quarter, over half of which the firm said was related to IPOs of companies that use the firm’s workplace investing platform.
(Bloomberg) -- It’s not just Morgan Stanley’s IPO bankers that are benefiting from the frenzy of companies going public in recent weeks.The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs, according to a statement Wednesday. SpaceX’s record-breaking listing earlier this year proved to be a field day for Morgan Stanley and its Wall Street peers that helped take it public. Elon Musk’s space and artificial-i
SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.
The bank reported adjusted second-quarter earnings of $3.46 a share, blowing past Wall Street forecasts thanks to a surge in investment banking revenue.
Investors can gain exposure to the space boom through established defense contractors benefiting from Golden Dome spending without relying on SpaceX alone.
The investor said a combined company could use one balance sheet and capital structure to fund Elon Musk’s broader ambitions.
The Brookfield-backed data center owner and operator is looking to raise $1.25 billion at the midpoint of its marketed range of $23 to $27.
Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth quarter, according to two people familiar with the matter, and value the company at close to $80 billion, including debt. Goldman Sachs and JPMorgan Chase have been tapped as lead underwriters for the offering, the people said. The IPO would rank among the largest U.S. stock market debuts in recent years, underscoring investors' appetite for companies benefiting from surging demand for artificial intelligence infrastructure.

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