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Amazon.com Inc agreed to acquire Globalstar Inc for $11.57 billion, snatching a satellite company that Elon Musk’s SpaceX had tried to buy itself just months earlier. Amazon Outbid SpaceX Amazon beat out SpaceX for Globalstar, securing spectrum and satellite infrastructure that strengthens its position in both broadband and direct-to-device connectivity. SpaceX has roughly 10,000 Starlink satellites in orbit. Amazon has around 200, but is planning $200 billion in capex this year and targeting 3,

(Bloomberg) -- Madison Air Solutions Corp. shares rose 18% after the company raised $2.23 billion in the biggest US listing of an industrial firm in close to three decades.Shares of the provider of ventilation and filtration systems closed at $31.75 on Thursday, compared to the initial public offering price of $27 each. The company sold 82.7 million shares after marketing them for $25 to $27 apiece. The trading gives the Chicago-based company a market value of about $15.5 billion based on the nu

When analysts and investors talk about a potential SpaceX IPO, they are, in large part, talking about Starlink. 

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Yahoo Finance Markets and Data Editor Jared Blikre to discuss SpaceX's (SPAX.PVT) recent IPO filing with the SEC, what it means for the space sector, and when Elon Musk's latest IPO could go live.For more predictions market insight, check out the new Yahoo Finance Polymarket Hub.

SpaceX could be the catalyst for a surge as the U.S. IPO market eyes a comeback. ETFs like FPX, IPO and IPOS offer an easy way to gain exposure.

Anthropic's potential IPO could be a $60B blockbuster. Here's how AI and IPO-focused ETFs may benefit from one of the biggest listings in the tech space.

The Japanese companies are exploring a possible merger of their power semiconductor businesses to cope with increasingly fierce international competition.

Lam Research Corporation (NASDAQ:LRCX) is one of the best forever stocks to buy now. On March 12, Reuters reported that Lam Research Corp (NASDAQ:LRCX) is one of the suitors eyeing a potential deal to acquire BE Semiconductor Industries. The report also indicated that Besi has already engaged the services of investment bank Morgan Stanley, as […]

ONDS ramps up defense tech push with key acquisitions, adding a 140M contract, airborne systems and robotics to build a multi-domain autonomous ecosystem.

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the “Crypto Currents” weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio.Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and ana

Trio Petroleum (TPET) has acquired certain Saskatchewan heavy oil assets from NovaCor Exploration. The Acquired Assets are located in west-central Saskatchewan and include producing heavy oil wells, associated equipment and infrastructure, and additional development and optimization opportunities. The acquired assets consist of four wells along with a water disposal facility. Three of the wells are currently producing approximately 30 barrels per day, with the fourth well expected to produce app

Rubico announced that it has entered into a purchase agreement for the acquisition from Top Ships Inc. of a vessel-owning company which is party to a shipbuilding contract for a newbuilding mega yacht, the M/Y Sanlorenzo 1150Exp, with expected delivery from the shipyard in the second quarter of 2027 for a purchase price of $38M. Consummation of the purchase and sale of the owner’s shares under the SPA is expected to take place no later than March 31, 2026. The company had previously announced th

CCH (CCHH) Holdings expects in 2026 to announce a series of positive corporate developments, including the acquisition of multiple Malaysian restaurant chains, the introduction of new business ventures in Malaysia, and the expansion of the Company’s business to the U.S. and Africa. These anticipated milestones are expected to help the Company grow its business and achieve maximum shareholder value.Claim 70% Off TipRanks This Holiday SeasonUnlock hedge fund-level data and powerful investing tools

Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week. The red-hot demand for Moore Threads highlights China's determination to build home-grown alternatives to Nvidia's chips, and is expected to accelerate listing plans for other domestic GPU developers, from MetaX to Biren Technology. C

Wondering if Legrand is a hidden gem or overpriced right now? You are not alone, especially with so many investors eyeing its fair value after the latest market swings. The stock has had an exciting run. After rising 38.6% year-to-date and doubling over the last five years, it recently dropped by 13.1% in just the past week. Recent headlines have centered on Legrand's strategic acquisitions in the smart home sector and increased focus on sustainability, which grabbed...

On May 22, Nuburu, Inc. (NYSEAMERICAN:BURU) announced its plan to acquire Tekne S.p.A. to advance its defense-related technologies. The company noted the acquisition is anticipated to immediately enhance Nuburu, Inc.’s (NYSEAMERICAN:BURU) revenue streams to $50 million. The company plans to integrate its proprietary blue laser technology with TEKNE’s advanced defense solutions, to deliver tailored products […]