Should trillion-dollar companies enter major benchmarks nearly as soon as they go public? The question will test index providers’ resolve and discipline.
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On a recent episode of Prof G Markets titled “The Space Boom Is Just Beginning,” Rocket Lab (NASDAQ: RKLB) CEO Peter Beck pushed back against host Ed Elson’s skepticism about space industry economics. All with a blunt assessment of the competitive landscape. “Right now, there are two companies on this planet that have successfully scaled ... Rocket Lab CEO: Only Two Companies Have Successfully Scaled Space Launch
SpaceX won't ring the bell on Nasdaq until June 12, but crypto traders have already started betting on it. On Hyperliquid (HYPE), a synthetic contract by SPCX-USDC has started tracking the rocket maker's valuation. Hyperliquid is a decentralized crypto exchange built for perpetual ...
The $17 billion Baron Partners fund and the $3.7 billion Baron Asset both got big gains last Thursday—almost 7% and 8%, respectively.
This is herd mentality, a popular premise in behavioral economics that Charles Mackay famously described nearly two centuries ago in “Extraordinary Popular Delusions and the Madness of Crowds.” Mackay wrote that crowd psychology is behind misguided speculations throughout history: the Salem Witchcraft trials, the Dutch tulip bubble, the British alchemy craze, to name a few. Recent analysis of initial public offerings by PitchBook found that venture-backed tech companies’ median revenue multiple was roughly four times.
SpaceX just filed an amendment to its IPO documentation, and one sentence suggests a major deal could be on the horizon.
Jim Cramer thinks investors may be creating their own problem. In a post on X on Thursday, the CNBC host argued that excitement surrounding Elon Musk‘s SpaceX and growing speculation about its eventual inclusion in the S&P 500 could be...
SpaceX's S1 filing reveals significant legal costs related to Elon Musk's AI and social media company mergers, totaling $530 million. The company reported $18.7 billion in revenue, primarily from Starlink, but also highlighted extensive risk factors, including the commercial viability of its ambitious lunar and Mars initiatives.
SpaceX has completed 660 missions and reflown a booster 583 times. The company’s lead over its two main rivarls, Blue Origin and Rocket Lab, is enormous.
SpaceX named five brokers as direct routes to its IPO, and Fidelity sets the shortest selling window of them all — 15 days. Here's how they all stack up.
SpaceX closes IPO order books Wednesday with $150 billion in orders, a modest 2x oversubscription for the record listing.
Is it time to dump David and buy Goliath?
Tesla shares have historically been an unstoppable force, but it's now time for investors to assess the company's valuation.
The largest IPO in history is days away, with SpaceX set to begin trading this Friday. While attention is fixed on the debut, investors may be overlooking a more actionable trade in Elon Musk's other public company, Tesla. Tesla's fundamentals have defied conventional logic since the company's inception.
Aswath Damodaran argues the company's notions about what it could earn are pushing beyond 'what’s plausible.'
UBI is gaining attention as a potential response to AI-driven job loss. Guaranteed income pilot programs are showing benefits—yet critics question their cost and long-term effects.
The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?
(Bloomberg) -- SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imper
A listing of this magnitude gives the entire commercial space sector its first true large-cap benchmark.
Expectations are running high for Apple's Worldwide Developers Conference, where the company is expected later Monday to unveil the biggest overhaul of Siri in years, including a chatbot-style interface and deeper integration across the iPhone, iPad and Mac. Bloomberg Tech co-Host Ed Ludlow discusses his expectations for the conference and how developments in Siri could impact the rest of the AI space. He also addresses investor expectations for the upcoming SpaceX IPO.
SpaceX has completed 660 missions and reflown a booster 583 times. The company’s lead over its two main rivarls, Blue Origin and Rocket Lab, is enormous.
At a reported $1.8 trillion valuation, SpaceX (SPCX) is set to be the largest IPO in history. The business is genuinely exceptional. Starlink is profitable, launch economics are unmatched, and the defense contract pipeline is deep. But the stock will almost certainly price at a significant speculative premium, and that is precisely the context in which lockup periods matter most. Related: SpaceX At 100x Revenue: A Warning From 2000.
SpaceX’s IPO has attracted roughly $150 billion in orders for $75 billion of stock. Investors are watching whether demand builds enough to support a strong first-day rally.
SpaceX is set to go public in a few days at a valuation north of $1.7 trillion. The narrative has quite a few big, futuristic bets: Starship, orbital data centers, and ambitions that stretch far beyond Earth. But the business doing much of the heavy lifting today is Starlink. The satellite internet network has become SpaceX's primary profit engine, but it also carries some very real risks. Average revenue per user is falling, capital requirements remain heavy, and each new wave of customers appe
Bending Spoons say its app caters to a user base of over 500 million monthly active users.
Shares of the electric-vehicle maker were up 1.4% at $396.65 in premarket trading, while futures were up 0.4% and futures were down 0.1%. Investors are waiting to see if some investors will sell Tesla stock to buy SpaceX shares. Technical factors like that can create short-term price distortions.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.