Payne Capital Management President & ‘Payne Points of Wealth’ Podcast Host Ryan Payne and Yahoo Finance Senior Autos Reporter Pras Subramanian join Morning Brief Host Julie Hyman to break down the SpaceX (SPCX, SPAX.PVT))IPO and who the investors are piling into the oversubscribed IPO.
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Elon Musk's SpaceX (SPAX.PVT) is just days away from its scheduled IPO this Friday, June 12, currently valued at $1.75 trillion. Yahoo Finance Senior Business Reporter Ines Ferré breaks down the aerospace companies whose combined market caps fall just shy of SpaceX's valuation. 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.
The hot jobs number really upset the markets in a shocker of a session last Friday. And as investors look to the SpaceX IPO landing this coming Friday, questions linger as to how investors will start feeling going into next week. If it’s not a hotter jobs number and the potential to set the stage ... Could Hot Jobs and Kevin Warsh Equate to Panic Fuel for the Market?

The AI trade continues to stand on unsteady ground this week as semiconductor stocks waver. Oracle's (ORCL) fiscal fourth quarter earnings are due out after Wednesday's market close, which could ultimately be a tipping point for the AI sector. JonesTrading chief market strategist Michael O'Rourke speaks with Yahoo Finance Executive Editor Brian Sozzi about his outlook on the AI sector.
Tesla (NASDAQ:TSLA) is dominating every feed again after a wild week of robotaxi chatter, SpaceX merger speculation, and a sharp 10.28% one-week slide that bulls are framing as a buying opportunity. But here is what you should actually be watching. The Tesla Trade Is Pricing Perfection Into a Decelerating Business Tesla trades at a P/E ... Forget Tesla: This Magnificent 7 Stock This Wins Every Time
There are data centers in Texas that were fully built out over a year ago, kitted with server racks, networking, and GPUs, and are sitting idle, waiting for a grid connection. It is a power problem, and it is the same problem slowing AI infrastructure build-out across the U.S. and increasingly abroad.
The AI1 satellite spans 230 feet and delivers 120 kilowatts of average compute power, drawing on hardware already built for Starlink

Intelligence isn't the only trait you'll need to land a job at SpaceX.
Allocate, founded by a Silicon Valley banker in 2021, will be a preferred private markets provider for the Dynasty network’s of more than 725 advisors.
Just in time for that big SpaceX (SPCX) IPO, the firm announced that Alphabet‘s (NASDAQ:GOOG) Google has inked a $920 million per-month deal for AI compute that’ll run through the middle of 2029. Undoubtedly, the deal entails 110,000 worth of Nvidia (NASDAQ:NVDA) GPUs, which might seem like a worse deal than Anthropic got when it ... Why One AI Giant Is Paying ~2.2X per GPU More Than What Anthropic Pays SpaceX
Ron Baron launched his fund in 1982 with just $10 million of capital and has grown it into tens of billions.
NYSE veteran Peter Tuchman predicts the SpaceX IPO could open near $1,000 despite a 100x valuation he calls frothy.
Tesla stock was lower early Wednesday after a flare-up in tensions in the Middle East, leaving investors nervous. Shares of the electric-vehicle maker were down 1.5% at $390.91 in premarket trading, while and futures were down 0.8% and 0.7%, respectively. The move came after the U.S. military retaliated after Iran downed an Apache helicopter, threatening a fragile cease-fire.
SpaceX says its addressable market is massive, suggesting a significant opportunity for the business.
Big banks face pressure to disclose plan on AI risks, Rivian’s cheaper EV model is here, Warner Bros. stock offers unusual takeover arbitrage spread, and more news to start your day.
When SpaceX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever. Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors.
Anyone following SpaceX's plans to sell shares to the public is likely to hear terms thrown around that describe steps and components of an initial public offering. It is the first time a company's value will be determined by a public market. For example, Apple is traded as “AAPL” on the Nasdaq and Macy's is traded as “M” on the New York Stock Exchange.
SpaceX is raising $75 billion at $135 per share in one of the largest equity offerings in history, and the brokers handling retail access are drawing a hard line: flip your allocation and face being locked out of future IPOs, permanently. The offering, listing on Nasdaq under ticker SPCX on ...
The last time SpaceX launched a rocket in South Texas, charter boat captain Eddie Reyes was bobbing in a pontoon boat less than 2 miles from the pad with a group of paying passengers. The arrival of SpaceX has brought good business to Reyes and his family. Since the establishment of Starbase, Elon Musk’s company town, his charter boat business has picked up as space fans flock to the area for a glimpse of launches.
SpaceX's much-anticipated $75 billion initial public offering, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors attracted to new and risky artificial intelligence stocks scramble to get a slice of the action. Celebrity billionaire Elon Musk's rocket and satellite communications company - which merged with his AI startup xAI earlier this year - is expected to fetch a valuation of around $1.75 trillion, sparking a Wall Street and media frenzy. The company has set aside up to 30%, or $22.5 billion, of shares for retail investors, Reuters and other outlets have reported, in a rare move for a blockbuster IPO that historically have been dominated by institutional investors.
Read the fine print in SpaceX's IPO filing and subsequent amendments.
BTC USD faces major battles today as Iran tensions flare with Trump proportional strikes while hinting at a deal days away. CPI data will also drop today amid energy spikes. The escalation has already triggered over $400 million in liquidations, pressuring BTC USD at the $61,000 level. Then add SpaceX ...
Elon Musk will have unassailable control over SpaceX's future.
Elon Musk and SpaceX seemingly have an incredible Mars mission on the horizon.
(Bloomberg) -- New York City Comptroller Mark Levine says the unprecedented control that Elon Musk will have over SpaceX represents a new level of disregard for regular shareholders’ rights.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran After Helicopter Downed, Testing Peace TalksUS Launches Strikes Against Iran After Helicopter Shot DownStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapSurface Naval Drone Rescued Downed US Apach