The former JPMorgan trader says the much-hyped IPO is really a cash-out for early investors who got in a decade ago, warning regular people could end up holding the bag.
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Americans are starting to realize that "passive" investment funds aren't actually that passive — and they have Elon Musk to thank for the lesson.
SpaceX is pricing its IPO at 95 times its 2025 sales, but that doesn't tell the full story.
Investors hope every stock they pick will go “to the moon”, but some companies take that more literally than others.
Bitcoin has been selling off since privately held SpaceX filed to go public on May 20.
Global airlines' push to attract premium customers is making fast in-flight Wi-Fi an increasingly important perk, turning a once-patchy paid service into an emerging battleground between Elon Musk's Starlink and Jeff Bezos' Amazon Leo satellite network. Starlink, which operates around two-thirds of all satellites in space and is the major driver of revenue for SpaceX, has signed up 11 new airline customers globally so far in 2026, after 22 in 2025 and eight in 2024, compared with three in 2022, according to Valour Consultancy, an aviation intelligence firm. Amazon, which is still building out its Leo satellite constellation, faces a potential setback after a Blue Origin rocket failure last month.
Wall Street is moving to stuff SpaceX shares into small investors' portfolios, exposing them to a potentially overpriced stock.
SpaceX is about to make history with a potential $75 billion IPO -- but before you rush to buy shares, you need to understand what's really driving this $1.8 trillion valuation.
SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail investors in Europe can participate and the risks they should consider.View on euronews
10% That's roughly how much of the endowment of the University of North Carolina system is tied up in SpaceX, according to people familiar with the endowment. It's one of many schools with sizable holdings in Elon Musk's rocket company.
There's a much larger lesson to be learned from this IPO and similar ones expected to happen.
MANGOS typically refers to artificial intelligence leaders such as Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX.
An already interesting IPO story just became even more intriguing.
A single business segment accounts for most of SpaceX's growth potential.
SINGAPORE, June 9 (Reuters) - SpaceX's $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk's rocket company that are likely to benefit from the blockbuster deal. Shares of satellite and rocketry-related companies worldwide have surged as everything from Starlink component manufacturers to ETFs that own private shares in SpaceX draw strong demand.
Barclays cut its ASTS price target to $60 from $65, citing launch delays and an unattractive risk-reward profile.
OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.View on euronews
AI coding startup Cursor, which SpaceX has an option to buy for $60 billion, will open its European headquarters in London and hire some 200 staff, an executive told Reuters, as demand in the region grows for tools that automate software development. Elon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for AI developer tools. San Francisco-based Cursor chose London for its deep talent pool and access to multilingual workers, allowing the company to support multiple European markets from a single base, said Ismail Elmas, Cursor's senior vice president for EMEA.
As Anthropic races toward what could become one of the most closely watched IPOs this year after SpaceX, co-founder Jack Clark is warning that the artificial intelligence industry may need something it currently lacks: a brake pedal. Speaking to BBC...
This is important information if you plan to buy at the IPO.
AI firm Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CNBC reported on Monday, citing an interview with CEO Aravind Srinivas. • "Agnostic of these two companies, we were planning for something in 2028, so that still remains the case," Srinivas told CNBC in an interview. • OpenAI confidentially filed for a U.S. IPO earlier on Monday, following Anthropic's filing last week.
SpaceX CEO Elon Musk said on Monday that building orbital AI data centers is not a difficult engineering challenge as the company prepares for its blockbuster IPO this week. The billionaire said that much of the required technology already exists in its current Starlink satellite network. "Part of what we want to convey here is that there is not some magic that is necessary, that doesn't exist," Elon Musk said in a video discussion released by the company.
June 8 (Reuters) - SpaceX CEO Elon Musk said on Monday that building orbital AI data centers is not a difficult engineering challenge as the company prepares for its blockbuster IPO this week.
Mirae Asset Securities Co Ltd (XKRX:006800) achieves unprecedented income growth and outlines ambitious plans for global market penetration despite some challenges.
SpaceX is among the most widely held investments across colleges and universities, endowment executives say, likely making the rocket company’s coming IPO one of the great windfalls for American endowments. Many schools’ investments in SpaceX make up a low-single-digits percentage of their endowments. A handful of schools have outsize positions that make up a tenth or more of their endowments, unusual scenarios for institutions that typically aim to have well-diversified investment portfolios.
Such is life on Wall Street at the dawn of the artificial-intelligence build-out. Tech companies are hungry for cash to invest in data centers, and investors are forking it over through all possible means, in all parts of the globe—a flurry of fundraising that has mostly supported markets by powering technological advances, even as it tests their ability to absorb it all. Alphabet’s announcement that it would raise $85 billion of equity was just the latest example.
Every company gets one shot to redefine what it is. Most never take it. The ones that do tend to look unrecognizable a few years later, and the market either rewards the reinvention or punishes the nerve. The artificial intelligence (AI) boom has turned raw computing power into the most valuable ...
These IPOs are bringing a lot of capital into the crypto sector via a brand new route that could have a beneficial spillover effect.