Oracle’s guidance overshadows growth from the cloud, inflation could keep Fed on “prolonged hold,” SpaceX stock gets its first analyst, and more news to start your day.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX's priced its IPO Thursday night ahead at $135 a share ahead of the stock's debut on the Nasdaq on Friday, June 12.
SpaceX's record-breaking IPO enters its final stretch, with the deal set to "price" Thursday night ahead of the stock's debut on the Nasdaq on Friday, June 12. But this pricing night will look nothing like the ones Wall Street, and investors, are used to.
Buying SpaceX stock after June 12 is only one way to get exposure following the biggest IPO in history. Here are the three ways in, and what to know about each investment method.
SpaceX's market debut on Friday is expected to be the largest-ever IPO, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and internet beamed from orbit and which now targets space-based AI. Aiming for a $1.75 trillion valuation that would instantly rank it among the world's most valuable companies, SpaceX is pitching itself as humanity's ticket to Mars. Its financials, though, show a company whose aggressive spending on computing power for AI and developing a new rocket has overwhelmed the profits from its Starlink satellite internet service.
Even before going public, Elon Musk’s SpaceX has become a household name in America — more widely recognized than legacy Apollo-era companies and even prominent 2028 presidential hopefuls, according to a Reuters/Ipsos poll. For the last decade, SpaceX rockets have regularly returned to ocean platforms or giant mechanical arms on the launchpad in controlled landings that resemble science fiction. Just 13% say they have never heard of SpaceX.
SpaceX is seeking to sell 555 million shares at $135 each, raising $75 billion and valuing the rocket maker at $1.77 trillion — making it one of the largest public companies.
A mega merger may be closer than you think.
As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the blockbuster IPO and avoid the chaos that marred other highly anticipated launches. Weighing heavily is Facebook's infamous debut in 2012, which was upended by technical glitches that turned into hours of uncertainty over whether trades had been properly executed, ultimately costing market-makers hundreds of millions of dollars. Financial firms have undergone weeks of preparation to ensure SpaceX's Friday trading debut is a success, particularly ahead of other blockbusters expected later this year from Anthropic and OpenAI.
Elon Musk is on the verge of financial immortality: The world's richest man — and potentially its first trillionaire — has built a sovereign corporate kingdom that is too systemic to fail.
Retail investors have the opportunity to be a part of the biggest IPO ever.
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.
SpaceX's IPO has reportedly attracted demand far exceeding available shares, with only about 7% of stock expected to be freely tradable after listing.
SpaceX will make Elon Musk a trillionaire (officially). Space-related stocks are the first place to look for SpaceX-related movements. “A listed SpaceX does not validate the comps; it benchmarks them,” wrote AgentSmyth, an AI platform designed to bring market intelligence to brokers.
The SpaceX IPO prospectus makes several bold claims.
7.59am: Wizz profits collapse Wizz Air has reported a total collapse in profits after aircraft groundings, higher costs and disruption in the Middle East offset record passenger growth. Net profit slumped to just €1.3 million in the year to 31 March from €213.9 million in the previous...
The thesis has broader implications for Falcon 9 users such as ASTS, PL and LUNR, all of which rely heavily on SpaceX launches.
What comes next for this space and aeronautics company?
The stock market debut of Elon Musk's AI and space company could make thousands of SpaceX employees significantly wealthier, including some of the firm's lowest-paid staff.View on euronews
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...
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...
CFO Adam Spice said that SpaceX's biggest opportunities now lie in Starlink, Starship and potentially space-based data centers.
Index fund buying could one day become a powerful force behind the rocket maker's stock. But some of the index's oldest rules stand in the way.
In recent days, Linde has been highlighted as SpaceX’s main industrial gas partner and liquid oxygen supplier, while also being cited by Citi’s Quant Team as one of the most crowded long positions in the chemicals sector. At the same time, forecasts for rapid expansion in gas mixtures for semiconductors, emissions control, and food processing underscore how Linde’s exposure to high-specification industrial gases is drawing fresh attention from investors interested in the commercial space and...
Market commentator and popular media personality Jim Cramer dubbed Bitcoin (CRYPTO: BTC) and gold as “bad money” on Wednesday, which are getting dumped to participate in SpaceX’s upcoming IPO. Good Vs. Bad In an X post, Cramer posited that investors are liquidating assets to free up cash for SpaceX, expected to be the biggest stock market debut in history. But the way he described those assets raised some eyebrows. The “Mad Money” host called Bitcoin and gold “bad money,” while referring to Nvid
SpaceX offers dominance, but Rocket Lab offers greater upside.