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What the Musk–Altman legal battle means for OpenAI, SpaceX IPOs
Yahoo Finance Video80d agoneutralVIDEO
What the Musk–Altman legal battle means for OpenAI, SpaceX IPOs

OpenAI's (OPAI.PVT) Sam Altman was not found liable for Tesla (TSLA) CEO Elon Musk's claims, due to clear-cut statute-of-limitations issues. Yahoo Finance's Julie Hyman and Jake Conley discuss the impacts on OpenAI's and SpaceX's (SPAX.PVT) upcoming initial public offerings (IPOs).

SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town
Bloomberg80d agoneutral
SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town

(Bloomberg) -- A 45-minute drive down a narrow highway separates one of America’s poorest border cities from the heart of Elon Musk’s SpaceX empire.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapA lot has changed in Brownsv

Anthropic Sends Jolt Through Market for Buying Shares in Hot Pre-IPO Startups
Bloomberg80d agobullish
Anthropic Sends Jolt Through Market for Buying Shares in Hot Pre-IPO Startups

(Bloomberg) -- In the moments after Anthropic expanded a ban on popular ways to buy its shares, investor chatrooms around the world lit up. “Are we screwed?” one person wrote in a WhatsApp chat for family offices with several hundred members. Similar questions reverberated more publicly across X, Reddit and Chinese-language social media, as investors worried whether their shares in the artificial intelligence developer — one of the most coveted private companies — had suddenly become worthless.D

X-Energy Is in a Post-IPO Slump. Why Analysts Say the Nuclear Stock Can Surge.
Barrons.com80d agoneutral
X-Energy Is in a Post-IPO Slump. Why Analysts Say the Nuclear Stock Can Surge.

Nuclear reactor developer X-Energy’s stock has been in a lull since the company’s highly successful initial public offering last month, but investors should focus on the long-term potential rather than day-to-day trading, analysts say. A host of investment banks initiated coverage of X-Energy on Tuesday as the quiet period on firms involved in its IPO lifted. As is often the case with IPO underwriters, most opinions were positive.

The Berkshire Hathaway of AI? Inside the Case for a Tesla-SpaceX Merger
24/7 Wall St.81d agoneutral
The Berkshire Hathaway of AI? Inside the Case for a Tesla-SpaceX Merger

Two of the more credible voices in the Elon Musk orbit are openly speculating that Tesla (NASDAQ: TSLA) and the privately held SpaceX could combine within the next decade. Deepwater Asset Management’s Gene Munster put the odds at over 50% within five to ten years, framing the combined entity as a potential “sovereign AI company” ... The Berkshire Hathaway of AI? Inside the Case for a Tesla-SpaceX Merger

China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank
Reuters81d agoneutral
China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank

China's top flash memory chipmaker YMTC has begun the so-called "tutoring" process ‌for a potential initial public offering, where ‌a company receives formal pre-IPO guidance from an investment bank, ​a regulatory filing showed on Tuesday. Yangtze Memory Technologies Co (YMTC) has hired CITIC Securities, a Chinese state-owned investment bank, to guide its IPO preparation ahead of ‌a potential stock ⁠market listing.

Bloomberg81d agoneutral
Moonshot AI to Overhaul Structure to Win Nod for Hong Kong IPO

(Bloomberg) -- Moonshot AI has informed its investors it will revamp its corporate structure to pave the way for an initial public offering in Hong Kong, aligning with Beijing’s tightened requirements for Chinese companies seeking an overseas debut. Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapTrump Says Holding Off on New Iran Strikes After

Bloomberg81d agoneutral
Dexterous Robotic Hand Maker Linkerbot Is Said to Consider Hong Kong IPO

(Bloomberg) -- Linkerbot, a Chinese startup that specializes in making highly dexterous robotic hands, is considering an initial public offering in Hong Kong, according to people with knowledge of the matter.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against S

Jury Verdict Clears Path For Microsoft As OpenAI IPO Backer
Simply Wall St.81d agoneutral
Jury Verdict Clears Path For Microsoft As OpenAI IPO Backer

Elon Musk's lawsuit against OpenAI and Microsoft was dismissed by a jury, removing a significant legal overhang. The verdict leaves Microsoft, NasdaqGS:MSFT, free of financial or reputational penalties linked to the case. The decision clears a path for OpenAI to pursue an IPO, with Microsoft remaining its largest outside backer. For Microsoft shareholders, the jury decision comes with the stock last closing at $423.54 and up 2.6% over the past week. The company has also delivered gains of...

EchoStar Rallies as Play on SpaceX IPO. There Could Be More Upside.
Barrons.com81d agoneutral
EchoStar Rallies as Play on SpaceX IPO. There Could Be More Upside.

EchoStar has emerged as one of the leading plays on SpaceX since the company got a 2%-plus stake in Elon Musk’s company in return for some of EchoStar’s spectrum. The IPO could value SpaceX at $1.5 trillion to $2 trillion, making it one of the more valuable companies in the world. EchoStar stock has doubled since the initial spectrum deal in September and finished Monday at $136.45, down 0.5% on the session.