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Exclusive: Citi to Earn Roughly $70 Million Fee on SK Hynix Listing
The Wall Street Journal29d agoneutral
Exclusive: Citi to Earn Roughly $70 Million Fee on SK Hynix Listing

Investment bankers at Citigroup are set to earn a roughly $70 million fee for their work on SK Hynix’s U.S. listing, according to people familiar with the matter. SK Hynix raised $26.5 billion through its American depositary receipt sale. The ADRs are expected to start trading Friday on the Nasdaq under the ticker “SKYHV.”

SK Hynix advisors win big fee windfall after modest SpaceX payday
Reuters29d agobearish
SK Hynix advisors win big fee windfall after modest SpaceX payday

Global investment banks and brokerages leading SK Hynix's mega share sale earned ‌nearly $260 million in fees, a boost for the ‌industry which took in a relatively modest $500 million from SpaceX's record share ​sale last month. The fees equate to about 0.97% of the total amount raised, SK Hynix's filings showed, meaning bankers earned more as a percentage of deal size than those ‌who worked on ⁠SpaceX's initial public offering. SpaceX bankers earned 0.67% or $500 million of the $75 billion in an IPO ⁠which eclipsed the previous record set by Saudi Aramco in 2019, as well as SK Hynix's U.S. listing this week.

Beaten-down stock lets you buy SpaceX below market price
TheStreet29d agobullish
Beaten-down stock lets you buy SpaceX below market price

SpaceX (SPCX) is the most crowded new trade on Wall Street. It was priced at $135 in June, spiked above $225, then settled near $150. The banks that took SpaceX public were barred from publishing research on it until July 7. The moment that ban lifted, six of them initiated coverage, all with ...

Bank of America sets alarming SpaceX stock price target
TheStreet29d agoneutral
Bank of America sets alarming SpaceX stock price target

SpaceX (SPCX) stock is trading near $153 on July 9. All the initial gains since its IPO have been wiped out, despite the stock’s inclusion in the Nasdaq-100, and a slew of high price targets coming from big Wall Street banks. Goldman Sachs initiated the stock with a price target of $205. Morgan ...

Jeff Bezos doubles down on Blue Origin with $2B
TheStreet29d agoneutral
Jeff Bezos doubles down on Blue Origin with $2B

Every billionaire obsession comes with a bill, and for a quarter century, one man has quietly paid his out of a single pocket. No shareholders. No bankers. No outside voices at the table. Just one founder, one improbable dream, and a steady drip of stock sales to keep the rockets coming. That ...

SpaceX is Having A Rough Week in the Bond Market Too
The Wall Street Journal29d agoneutral
SpaceX is Having A Rough Week in the Bond Market Too

SpaceX bond spreads widened relative to Treasurys for the fourth trading day in a row Thursday, according to MarketAxess. SpaceX sold the $25 billion worth of debt due in 2036 at a 1.4 percentage point spread to Treasurys shortly after the rocket maker went public in June. The securities are now yielding 1.7 percentage points more than Treasury bonds.

SPCX Vs. GE: Do Investors Buy Uncapped Potential or Flawless Turnaround Execution?
24/7 Wall St.29d agobullish
SPCX Vs. GE: Do Investors Buy Uncapped Potential or Flawless Turnaround Execution?

SpaceX (NASDAQ: SPCX) and GE Aerospace (NYSE: GE) sit at opposite ends of the investor spectrum. One just completed a historic June IPO with volatile sentiment and no earnings history. The other posted its fourth straight EPS beat, held guidance at the high end, and pushed shares to a new all-time high. One Has a ... SPCX Vs. GE: Do Investors Buy Uncapped Potential or Flawless Turnaround Execution?

SpaceX releases Grok 4.5, first model built alongside Cursor
Proactive29d agoneutral
SpaceX releases Grok 4.5, first model built alongside Cursor

SpaceX Corp (NASDAQ:SPCX) released Grok 4.5, the company's first major update to its AI model built in collaboration with Cursor, targeting coding and agentic workflows as the company pushes further into the enterprise AI market. The 1.5 trillion parameter model was trained on tens of...

BofA Raises its Price Target on Amazon.com (AMZN)
Insider Monkey29d agoneutral
BofA Raises its Price Target on Amazon.com (AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX. On July 7, 2026, BofA raised the firm’s price target on Amazon.com, Inc. (NASDAQ:AMZN) to $165 from $145 and kept a Buy rating on the shares. BofA cited Nielsen point-of-sale data showing domestic SN product sell-through accelerated in […]