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SpaceX IPO: What to Watch the Rest of the Week
The Wall Street Journal57d agoneutral
SpaceX IPO: What to Watch the Rest of the Week

Investors are counting down to the end of the week when Elon Musk’s SpaceX is expected to start trading in what could be the largest IPO on record. Some analysts have blamed recent volatility to investor repositioning ahead of the first trades.

Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
Reuters57d agoneutral
Musk to speak at chip tool giant ASML event ahead of SpaceX IPO

Elon Musk is expected to appear virtually at an event by computer chip ‌equipment giant ASML on Thursday to discuss Terafab, his ‌plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of ​the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a statement.

Rocket Lab (RKLB) Is Down 8.4% After Sector Rotation Ahead of SpaceX IPO and Geopolitical Jitters
Simply Wall St.57d agoneutral
Rocket Lab (RKLB) Is Down 8.4% After Sector Rotation Ahead of SpaceX IPO and Geopolitical Jitters

In recent days, Rocket Lab’s share price weakened as investors rotated across the space sector ahead of SpaceX’s very large IPO, while geopolitical tensions after Iran shot down a US helicopter over the Strait of Hormuz unsettled aerospace and industrial names. Despite this volatility, Rocket Lab continues to report expanding backlog, new defense and space systems contracts, and record quarterly revenue, indicating the recent pressure stems more from macro and sector forces than from any...

Linde (NasdaqGS:LIN) Valuation Check After SpaceX IPO Spotlight And Growing Sector Interest
Simply Wall St.57d agoneutral
Linde (NasdaqGS:LIN) Valuation Check After SpaceX IPO Spotlight And Growing Sector Interest

Renewed attention on Linde after SpaceX IPO and sector interest Linde (NasdaqGS:LIN) is back in focus after the SpaceX IPO drew attention to suppliers in the launch supply chain, and Citi’s research flags the stock as both crowded and heavily debated. See our latest analysis for Linde. Linde’s share price has shifted from short term softness, with a 1 day share price return that declined 1.25%, to stronger momentum reflected in an 18.65% year to date share price return and a 5 year total...

SpaceX on cusp of record IPO that could make Musk a trillionaire
AFP57d agoneutral
SpaceX on cusp of record IPO that could make Musk a trillionaire

SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.If all goes as expected, the space and rocket company co-founded by Musk in 2002 will begin trading on the Nasdaq exchange on Friday morning, with all eyes on how Wall Street will absorb the blockbuster IPO that could send tremors across global markets.

What the SpaceX IPO Means for This Texas Border Town
WSJ57d agoneutralVIDEO
What the SpaceX IPO Means for This Texas Border Town

WSJ's Micah Maidenburg visits Brownsville, Texas, the city next to Starbase — an incorporated village that Elon Musk created to house SpaceX employees — ahead of SpaceX's massive IPO. The IPO is expected to create a new slew of new millionaires in the area. The Journal spoke to business owners, politicians and residents to find out how they are preparing.

SpaceX Proxy EchoStar Sees Its Stock Drop. It Could Be a Bad Omen for SpaceX IPO.
Barrons.com57d agobearish
SpaceX Proxy EchoStar Sees Its Stock Drop. It Could Be a Bad Omen for SpaceX IPO.

EchoStar stock has been struggling lately and it could bode ill for the coming SpaceX initial public offering on Thursday. SpaceX is one the best proxies for SpaceX because the satellite company reached a deal last year to sell spectrum to SpaceX in return for about 2% of SpaceX stock—some 262 million shares. EchoStar stock has nearly doubled since the first of two spectrum deals was reached with SpaceX in September.