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Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says
Reuters1d agoneutral
Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says

Chinese robot maker Unitree Technology is expected to be valued ‌at more than 50 billion yuan ($7.4 billion) after its planned ‌Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial ​public offering. Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by ‌Reuters, is largely seen ⁠as guidance ahead of Wednesday's IPO price enquiry.

Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?
24/7 Wall St.13d agoneutral
Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?

The market has spent the past two years rewarding companies tied to artificial intelligence, robotics, and next-generation infrastructure. Investors are increasingly looking beyond a company’s original business and looking more closely at which ecosystem is building it. That shift is key because some of today’s biggest winners no longer fit neatly into a single industry. ... Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?

Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap
Reuters13d agoneutral
Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap

Tesla CEO Elon Musk on Wednesday left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to ‌dismiss the possibility and citing growing overlap between the companies. “As you can tell from the many ‌collaborations on so many fronts with SpaceX, there’s more and more overlap,” Musk said on Tesla's earnings call. “We can't talk about, you know, ​combining companies and that kind of thing on an earnings call," he added.

Tesla-SpaceX merger? Musk cites 'more and more overlap'
Yahoo Finance Video13d agoneutralVIDEO
Tesla-SpaceX merger? Musk cites 'more and more overlap'

Elon Musk addresses shareholder questions about a potential merger between Tesla (TSLA) and SpaceX (SPCX), noting their growing operational overlap before deferring to Tesla's General Counsel, who highlights their strategic partnership and joint work on initiatives like Terafab and Digital Optimus.

SpaceX Stock Tests $135 IPO Price—and Cathie Wood Keeps Buying the Dip
Barrons.com20d agobullish
SpaceX Stock Tests $135 IPO Price—and Cathie Wood Keeps Buying the Dip

SpaceX stock has lost altitude recently, creating an opportunity for Cathie Wood’s ARK Invest. ARK is a big believer in Elon Musk. Coming into Thursday trading, SpaceX stock was down for three consecutive days and seven of the past nine days, leaving shares just 27 cents above the $135 IPO price.

SpaceX IPO & why oil could hit $150: Robinhood Exec
Yahoo Finance Video20d agoneutralVIDEO
SpaceX IPO & why oil could hit $150: Robinhood Exec

Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.

Traders cool on Tesla-SpaceX merger as Polymarket odds slide
Proactive20d agoneutral
Traders cool on Tesla-SpaceX merger as Polymarket odds slide

Traders on Polymarket have sharply scaled back bets that a Tesla-SpaceX merger will be announced this year, even as Wall Street analysts insist a tie-up is only a matter of time. The prediction market now puts just an 11% chance on an official announcement by 30 September, down 28 percentage...