PA Media: Money56d agoneutral
SpaceX raises £56bn ahead of biggest ever IPOThe float could make Tesla and X owner Elon Musk the world’s first paper trillionaire.
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Reuters56d agoneutral
After record IPO, Musk's SpaceX faces next test in market debutSpaceX is set to begin trading on Nasdaq on Friday after investors poured $75 billion into the world's biggest IPO ever, betting that Elon Musk's lofty space, communications and AI ambitions can justify a $1.77 trillion valuation. The landmark listing cemented Musk's status as the first trillionaire ever and propelled SpaceX into the ranks of the world's most valuable companies - even though the firm posted a loss of nearly $5 billion last year and generated only a fraction of the revenue brought in by similarly valued tech giants. The stock's performance will be a test for the so-called "Musk premium," which has been the force behind Tesla's $1 trillion-plus valuation.
Motley Fool56d agobullish
Buy the SpaceX IPO -- or Wait for Anthropic and OpenAI? The Answer May Surprise You.These three IPOs could all be the largest in history.
Stocktwits56d agoneutral
Will SpaceX IPO Deliver Strong First-Year Returns? Here’s What The Past Decade Of Mega Listings RevealsSpaceX raised $75 billion in an historic IPO, with its shares set to debut on Nasdaq later today.
Verdict56d agoneutral
SpaceX files for $75bn IPO at $135 per shareThe offering would value the reusable rocket company at $1.77tn.
Simply Wall St.56d agoneutral
Deutsche Telekom Merger Talks Put T-Mobile US Valuation In FocusDeutsche Telekom is reported to be pursuing a merger with its U.S. subsidiary T-Mobile US (NasdaqGS:TMUS). The effort is described as being led by Deutsche Telekom's CEO and would require backing from minority shareholders and the German government. Any transaction is expected to face regulatory and national security review in both Germany and the United States. T-Mobile US, listed on NasdaqGS:TMUS, operates as a major U.S. wireless carrier, competing in a sector that has seen consolidation...
Fortune56d agoneutral
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holdersThe hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba's IPO, in second place.
Stocktwits56d agoneutral
Is Cathie Wood Making Room For SpaceX? ARK Funds Dump Over $200M Across 20 Stocks Ahead Of Mega IPOARK Investment Management sold shares in Teradyne, Twist Bioscience, Iridium Communications, and Robinhood Markets, among other companies.
Motley Fool56d agobullish
Parabilis Soared 58% in the Biggest Biotech IPO on Record. Is It Too Late to Buy the Stock?It's important to consider your comfort with risk before diving in.
Motley Fool56d agobullish
I'm Sitting Out the SpaceX IPO. Here's What I'm Buying Instead.While everyone else is fighting to own a stock that's likely to be down significantly in the foreseeable future, I'll be stepping into this overlooked, discounted opportunity.
Benzinga56d agoneutral
Oppenheimer Predicts Over 40% Upside For Elon Musk's SPCX Ahead Of Blockbuster IPO: 'We See It As The Only...'Investment bank Oppenheimer Holdings Inc. (NYSE:OPY) has launched the first coverage of commercial space flight company SpaceX on Wall Street, predicting a near 41% upside for the Elon Musk-led company ahead of Friday’s IPO. Oppenheimer Sets $190 Price Target In a new investor note released on Thursday, the investment bank set a price target of $190 for SPCX, a nearly 41% upside compared to the IPO offer price of $135/share. Read Also: SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aero
The Telegraph56d agoneutral
Armchair investors plough £75bn into SpaceX IPOMore than £75bn has been ploughed into SpaceX shares by armchair investors before the rocket company’s stock market debut on Friday.
Motley Fool56d agoneutral
The SpaceX IPO Hinges on This $26.5 Trillion Growth OpportunitySpaceX needs to capitalize on one key opportunity to justify its IPO valuation.
Motley Fool56d agoneutral
Robinhood Just Won Approval to Underwrite IPOs, Right Before SpaceX's Blockbuster Market Debut. Here's Why the Timing Matters.The brokerage's newest business line could be a catalyst for the stock.
Reuters Videos56d agoneutralVIDEO
Elon Musk's SpaceX prices record $75 bln IPO at $135 a share<body><p>STORY: SpaceX has officially priced its stock market listing at $135 per share.</p><p>The IPO has raised a record $75 billion for the rockets and AI firm, and sees it valued at $1.77 trillion.</p><p>That immediately makes it one of the world’s most valuable firms, and makes founder Elon Musk the world’s first trillionaire.</p><p>Shares in the company will now begin trading Friday (June 12) on the Nasdaq.</p><p>Whether $135 is the right price, however, that’s another matter.</p><p>Morningstar analyst Nicolas Owens is among those who think it looks high:</p><p>“We value it at $63 a share, which is the blended average of a range of scenarios that can be as high as $154 if you believe everything will go right and data centers in space are highly competitive. Or as low as a $40 a share if you really are just getting the rockets and Starlink, and the AI doesn't work out, so to speak.”</p><p>Owens says everything will have to go perfectly for SpaceX in future years to justify the sky-high valuation.</p><p>That includes its pledge to dominate industries that don’t even exist yet, such as data centers in space.</p><p>If the share price does fall, many small investors will feel the pain, with 30% of the offering reserved for retail buyers.</p><p>That’s far more than normal for a major IPO, and likely a move to capitalize on Musk’s cult-like following.</p><p>Morningstar’s Owens argues investors should wait to see how the company fares: </p><p>"Everyone will be monitoring these operational milestones around Starship reusability, the commercial model for data centers in space. And so, as you get more information on those, could be good, could be bad, but, we think it's probable that investors would have a better margin of safety at some future point.”</p><p>Other concerns include Musk’s unusual dominance over decision-making. </p><p>The IPO has been structured to give him 82% of voting power, leaving shareholders with little say.</p><p>SpaceX also remains unprofitable, having posted a loss of close to $5 billion last year.</p><p>While its Starlink satellite internet business is in the black, its AI unit is deep in the red amid huge costs to develop the new technology.</p><p>So far, however, none of that seems to have worried Musk’s eager investors.</p></body>
Motley Fool56d agoneutral
The SpaceX IPO Could Trigger the Biggest Portfolio Reshuffling in Years. Are You Ready?The S&P 500 index is sticking to its rules, but other indexes are making changes to add SpaceX as quickly as possible.
Benzinga56d agobullish
Bitcoin, Ethereum, XRP, Dogecoin Jump After Trump Sparks Optimism On Iran Deal: Analyst Says SpaceX IPO Would Be 'Tricky' For The MarketsLeading cryptocurrencies climbed alongside stocks on Thursday after President Donald Trump called off “scheduled” strikes on Iran amid hopes for a peace deal. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:30 p.m. EDT)Bitcoin (CRYPTO: BTC)+1.84%$63,246.60Ethereum (CRYPTO: ETH) +1.33%$1,660.40XRP (CRYPTO: XRP) +2.72%$1.13Solana (CRYPTO: SOL) +3.60%$66.48Dogecoin (CRYPTO: DOGE) +2.12%$0.08570 Crypto Market Pops Bitcoin jumped to an intraday high of $63,850 as buying pressure surged. Ethereum
Stocktwits56d agoneutral
S&P 500, Nasdaq, Dow Futures Climb As Historic SpaceX IPO Looms, Trump Hints Iran War May End: Why SNDK, ASTS, RDW, CRWV, RKLB Are Also TrendingThe biggest catalyst for markets on Friday is the SpaceX IPO, set to debut on the Nasdaq under the ticker SPCX.
Motley Fool56d agoneutral
IPO Season: Why Patience Is The Name of the GameThe biggest IPOs ever are coming, but historically, this period calls for caution, and these deals, in particular, may need some seasoning.
Stocktwits56d agoneutral
SpaceX IPO: Dan Ives Sees Access To Elon Musk’s Broader Universe ExpandingSpaceX has locked in its IPO at $135 per share, raising $75 billion from the sale of 555.56 million shares and valuing the company at $1.77 trillion.
Stocktwits56d agoneutral
Tesla-SpaceX Merger Speculation Heats Up As Analysts Clash Ahead Of SpaceX IPOOppenheimer analysts argued that keeping the two companies separate would better support Elon Musk’s long-term artificial intelligence ambitions.
The Conversation56d agobullish
SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these daysIn the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.
Yahoo Finance56d agoneutral
SpaceX IPO live updates: Elon Musk's SpaceX opens at $150 per share in record debut as Dow, S&P 500, Nasdaq riseWall Street geared up for SpaceX's market debut and assessed prospects for an end to US-Iran hostilities.
Yahoo Finance56d agoneutral
Stock market today: Dow, S&P 500 rise as investors await historic SpaceX IPOWall Street geared up for SpaceX's market debut and assessed prospects for an end to US-Iran hostilities.
Yahoo Finance56d agoneutral
Stock market today: Dow, S&P 500, Nasdaq futures slide as investors await historic SpaceX IPOUS stock futures rose as Wall Street geared up for SpaceX's market debut and welcomed easing tensions between the US and Iran.
Yahoo Finance56d agoneutral
Stock market today: Dow, S&P 500, Nasdaq futures rise as investors await historic SpaceX IPOUS stock futures rose as Wall Street geared up for SpaceX’s market debut and welcomed easing tensions between the US and Iran.
Zacks56d agoneutral
3 Juggernaut IPOs: Did Investors Get Rich or Not?Tracey looks at the big IPOs from Facebook, Tesla, and Alibaba. How'd investors do?
Reuters56d agoneutral
SpaceX IPO makes Elon Musk the world's first trillionaireBy Manya Saini and Niket Nishant June 11 (Reuters) - Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in
Barrons.com56d agoneutral
SpaceX Tesla Merger Odds Are RisingThere 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.