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SpaceX stock gains: What its IPO signals about its future success
Yahoo Finance Video58d agoneutralVIDEO
SpaceX stock gains: What its IPO signals about its future success

SpaceX stock (SPCX) continues rising in Monday's pre-market trading (maintaining gains at the session open at the time of this video's posting) ahead of the space company's first full day of trading since its historic IPO last Friday. Morning Brief Host Julie Hyman and Barron's Investor Circle Newsletter editor Josh Schafer examine SpaceX's performance thus far and what it may signal about the success of the company in its future lifetime.

SpaceX Extends Post-IPO Rally as Valuation Tops $2.1 Trillion
InvestorsHub58d agobullish
SpaceX Extends Post-IPO Rally as Valuation Tops $2.1 Trillion

SpaceX (NASDAQ:SPCX) continued its strong momentum in premarket trading on Monday after soaring 19% during its Nasdaq debut on Friday. The aerospace and satellite operator completed the largest initial public offering in history, ending its first trading session with a market value of approximately $2.

Bloomberg58d agoneutral
Anthropic Block Marks US Reversal, Warning to Silicon Valley

(Bloomberg) -- The extraordinary move by the US to bar foreign access to Anthropic PBC’s best AI models underscores the Trump administration’s newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it’s working with an imperfectly understood technology with uncertain impact.Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Rest

Trump Hosts Brutal UFC Fights at White House for 80th Birthday
Bloomberg58d agoneutral
Trump Hosts Brutal UFC Fights at White House for 80th Birthday

(Bloomberg) -- Donald Trump will head to France for what will likely be contentious discussions with world leaders this week, but first he celebrated his 80th birthday by watching a sport that’s more brutal and bloody than politics. Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOUS and Iran Agree to Deal Halting War That Shook Middle EastTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewin

Goldman Sachs resets Apple stock forecast after WWDC
TheStreet59d agoneutral
Goldman Sachs resets Apple stock forecast after WWDC

Apple has spent years trying to convince investors that its next major growth story will not depend only on a new iPhone. That effort has become more urgent as artificial intelligence reshapes the technology industry, with rivals including Google, Microsoft, OpenAI, and Meta moving faster with ...

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker
Reuters60d agoneutral
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker

SpaceX roared into markets this past week with a valuation of more than $2 trillion, surpassing two members of Wall Street's "Magnificent Seven" and raising a key question: Does the Mag 7 name still fit? ‌And if not, what should replace it? The IPO, the biggest in U.S. history, vaulted SpaceX's value above two Mag 7 members: ‌CEO Elon Musk's other company, Tesla, and Meta Platforms. With SpaceX's arrival, "it becomes very hard to keep using Mag 7 as the clean shorthand for market leadership because one of the most important companies in the world would immediately be outside the label," said Shay Boloor, chief market strategist at Futurum Equities.

The Great, Big, Boring SpaceX IPO
Barrons.com60d agoneutral
The Great, Big, Boring SpaceX IPO

The SpaceX initial public offering was expected to deliver exciting twists and turns, fireworks, and flare-ups—the kind of drama usually reserved for a summer thriller. The public debut of SpaceX—officially Space Exploration Technologies — portended different things to different investors but was significant for all. To others, it represented a gateway to an artificial intelligence-fueled utopia, in which SpaceX is worth trillions.

Meta's Zuckerberg admits 'mistakes' made on AI transformation
Reuters61d agoneutral
Meta's Zuckerberg admits 'mistakes' made on AI transformation

Meta CEO Mark Zuckerberg has ‌said that the social media ‌giant has made mistakes on its AI ​transformation, in an internal memo seen by Reuters. In the memo, Zuckerberg describes the rapid advances in AI ‌and the ⁠challenges bought on by the boom in the technology, ⁠as well as how it has affected the company. "Given the complexity ​of these ​changes, we've ​made mistakes and ‌will almost certainly make more," Zuckerberg said, adding that he is also "focused on providing as much stability as possible" going forward.

How Other Mega IPOs Traded on Day One
The Wall Street Journal61d agoneutral
How Other Mega IPOs Traded on Day One

SpaceX shares are up more than 20% in their market debut, right in the range of first-day “pops” bankers like to see. Not every big IPO has gone so smoothly. Meta, then known as Facebook, went public in 2012 and closed up just 0.

SpaceX Holds Most IPO Gains; It's Already The Sixth-Largest Company
Investor's Business Daily61d agoneutral
SpaceX Holds Most IPO Gains; It's Already The Sixth-Largest Company

Shares of SpaceX traded around the middle of Friday's price range, as the most hyped IPO in years finally arrived in the broad stock market and immediately became one of the largest companies in the world. The IPO raised $75 billion, making it the largest initial public offering in history. It also values the company at roughly $1.8 trillion initially.

SpaceX, Anthropic, and OpenAI’s hot IPO summer
TechCrunch61d agoneutral
SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

SpaceX vaults over $2 trillion valuation as stock jumps after record IPO
Reuters61d agobullish
SpaceX vaults over $2 trillion valuation as stock jumps after record IPO

June 12 (Reuters) - SpaceX jumped over 20% in its Nasdaq debut on Friday, lifting its valuation to more than $2 trillion as investors piled into the world's largest IPO and bet on Elon Musk's sprawling empire spanning rockets to AI. The stock opened for trading at $150, compared with ‌the IPO price of $135 per share.

Lessons the Nasdaq learned from the Facebook IPO for SpaceX's
Yahoo Finance Video61d agoneutralVIDEO
Lessons the Nasdaq learned from the Facebook IPO for SpaceX's

SpaceX (SPCX) is finally off to the races and publicly trading after its historic IPO on Friday, June 12. Nasdaq (NDAQ) President Nelson Griggs sits down with Market Catalysts Host Julie Hyman and Yahoo Finance Executive Editor Brian Sozzi to discuss the lessons his company has learned from Facebook's — now Meta Platforms (META) — own IPO in 2012.

SpaceX IPO Delayed? Here’s Why SPCX Still Isn’t Trading Yet
24/7 Wall St.61d agoneutral
SpaceX IPO Delayed? Here’s Why SPCX Still Isn’t Trading Yet

The stock market thrives on anticipation, and few public offerings have generated as much of it as SpaceX‘s (NASDAQ:SPCX) debut. The aerospace giant priced its IPO at $135 per share, raising tens of billions of dollars and becoming one of the largest public offerings ever. Yet as investors refreshed their brokerage accounts Friday morning, many ... SpaceX IPO Delayed? Here’s Why SPCX Still Isn’t Trading Yet

Bloomberg61d agoneutral
What Stock Traders Can Expect From SpaceX’s Trading Debut

(Bloomberg) -- Investors will soon have a sense of how SpaceX shares will perform after the largest initial public offering ever — but they may need to wait several hours to get in on the trading action.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Face-to-Face to Try t

SpaceX raises $75B in historic IPO, valued at $1.77 trillion
Yahoo Finance Video61d agoneutralVIDEO
SpaceX raises $75B in historic IPO, valued at $1.77 trillion

The big day is here as SpaceX (SPCX) prepares to go public on the Nasdaq via its historic IPO. Elon Musk's space operator raised $75 billion after pricing 555,555,555 shares at $135 each. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss SpaceX's IPO pricing.

What Is SpaceX’s ‘Green-Shoe’ Option?
The Wall Street Journal61d agoneutral
What Is SpaceX’s ‘Green-Shoe’ Option?

If SpaceX shares start trading erratically, bankers have a secret weapon to attempt to calm things down. Underwriters typically sell more shares to investors than an IPO’s total offer size, colloquially called the green shoe. In SpaceX’s case, they sold about 15% more shares than the stated offering size.

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Reuters61d agoneutral
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold out of the biggest U.S. tech stocks, and some even added ‌bearish positions, according to data from a JPMorgan note late ‌Thursday, just before SpaceX was set to go public on Friday. Shares in the "Magnificent Seven" -- ​a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday. The Roundhill Magnificent Seven ETF, which tracks these ‌stocks closely, declined over 2.4% ⁠since June 5, with some analysts saying investors were clearing their decks in order to prepare for the ⁠debut of Elon Musk's Space X on Friday.