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With a TTM operating cash flow of $15.22 billion, Salesforce, Inc. (NYSE:CRM) is included among the 12 Cash-Rich Stocks to Buy Right Now. On June 1, Bloomberg reported that Salesforce, Inc. (NYSE:CRM) holds a stake in Anthropic PBC worth about $5 billion. The move came after making a series of investments in the fast-growing AI startup. According […]
ProShares will launch SPCF, a 2x daily SpaceX ETF, on June 12 as the record IPO draws $250 billion in demand.
Devon outlined its first combined-company outlook following the completion of its merger with Coterra Energy.
<body><p>STORY: SpaceX is drawing strong investor demand ahead of what could be the largest IPO on record.</p><p>Sources have told Reuters the company has already attracted more than $250 billion in interest—over three times the roughly $75 billion it plans to raise.</p><p>Trading in the stock is set to begin Friday (June 12) on the Nasdaq, with a target price of $135 per share. </p><p>The high demand underscores strong appetite for the offering, even as global markets remain volatile.</p><p>Investor interest is being driven in part by SpaceX’s growth outlook, including its Starlink satellite internet business and its artificial intelligence offerings. </p><p>It also has plans for data centers in space. </p><p>Elon Musk's firm claims in its IPO documents that it is "the only company with a commercially viable path to building orbital AI compute at scale."</p><p>Sources say the company has outlined plans to begin testing space-based AI computing systems by late 2027.</p><p>SpaceX says the approach could help address constraints on Earth, such as power and infrastructure, by moving data-center capacity into orbit.</p><p>The initiative depends on its giant Starship rocket being able to reduce launch costs, though it has faced repeated development delays. </p><p>:: Archive</p><p>SpaceX is targeting a valuation of around $1.75 trillion in this week's offering.</p></body>
Analysts also flagged risks, including shareholder opposition and regulatory scrutiny from Tesla's China exposure.
Despite dropping from all-time highs, CoreWeave stock remains 145% above its IPO price.
Elon Musk has big dreams for SpaceX.
Elon Musk has become the most powerful, prolific and bewildering human on earth and is about to become the world's first trillionaire if his latest brainchild -- the IPO of his rocket and AI company SpaceX -- goes as planned.Without Musk, OpenAI would go on to become the dominant AI giant, and this year he lost a blockbuster lawsuit against the company and its CEO Sam Altman over Musk's claims that it had reneged on its original mission of being a non-profit working for AI to benefit humanity.
Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.
CEO Vlad Tenev announced that Robinhood Securities, a broker-dealer and clearing unit, has been “approved” to serve as an underwriter. It isn’t clear which regulatory body approved Robinhood, but Finra and the SEC oversee aspects of the IPO process. The move builds on the company’s current IPO offering that gives brokerage customers the ability to purchase shares of private companies going public.
On June 9, 2026, takeover buzz and surging trading activity put this cross-border payments player at the center of fintech M&A.
Transcript: Caroline WoodsSpaceX is expected to go public this week. Anthropic is waiting in the wings. OpenAI could be next. Some are calling this the biggest IPO wave of our lifetime. But for the average investor watching this unfold, what is the biggest thing they need to understand? Jim Neeson ...
By Milana Vinn and Echo Wang NEW YORK, June 9 (Reuters) - Elon Musk's SpaceX has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, said people familiar with
During this week of trading, with the heated anticipation of the SpaceX initial public offering (IPO), it’s particularly important for investors to remember the Facebook IPO. Investors were clamoring. It was the biggest event on Wall Street in decades. The stock was priced at $38. By August, it ...
Yahoo Finance Tech Editor Dan Howley joins Josh Lipton to discuss OpenAI's (OPAI.PVT) decision to confidentially file for an IPO.
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
