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SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion

SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. The company will offer 555.6 million shares at $135 each, surpassing Saudi Aramco’s record $25.6 billion IPO in 2019. SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public...

France 24 6d ago

OpenAI wants a trillion-dollar debut. Here's how it stacks up against history's biggest IPOs

OpenAI wants a trillion-dollar debut. Here's how it stacks up against history's biggest IPOs CNA takes a look at the five biggest IPOs in history and how the companies are faring. SINGAPORE: From artificial intelligence giants to private space companies, some of the world's most valuable firms are inching closer to the stock market.

Channel News Asia 1d ago

Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO

Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO Texas-based rocket company announces plans to sell shares at $135 apiece, aiming to raise approximately $75bn. Elon Musk’s rocket company SpaceX is targeting a valuation of nearly $1.77 trillion in its blockbuster initial public offering (IPO), paving the way for the largest stock market debut in history. In a filing with the US Securities and Exchange Commission on Wednesday, SpaceX said that it plans to sell 555.6 million...

Al Jazeera 6d ago

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations - Bookmark Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations. From Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to...

The Independent World 6d ago

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire Andrew Zinin Lead Editor SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece in an initial public offering. The...

Phys.org 6d ago

100 days of Iran war: Gulf states grapple with security and economic consequences

Iran war at 100 days: Gulf states grapple with stability June 4, 2026For the regional Gulf Cooperation Council (GCC) states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — the consequences of the US-Israeli conflict with Iran extend far beyond immediate military threat. Since February 28, when the US and Israel launched joint strikes on Iran, and despite a nominal ceasefire, the GCC countries, have been performing a difficult balancing act. Key...

Deutsche Welle 6d ago

SpaceX aims to raise record $75 bn in stock market debut

SpaceX aims to raise record $75 bn in stock market debut Andrew Zinin Lead Editor SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public offering, the company said in a regulatory filing on Wednesday, valuing the company at $1.765 trillion. SpaceX said it will put up for sale 555,555,555 shares at an initial price of $135 each. Should the IPO proceed, Musk's company would shatter the fundraising record...

Phys.org 6d ago

Elon Musk is steamrolling Wall Street to become a trillionaire

Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...

The Verge 6d ago

Strait of Hormuz closure: Why high oil prices may be a temporary shock only - explained

Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global oil markets are likely to move back into surplus once shipping through the Strait of Hormuz resumes, despite the sharp rise in prices caused by the closure of the key maritime route, the report says. “Oil prices will be lower if Hormuz reopens earlier.

Times of India 1d ago

SpaceX sets IPO price, valuing company at $1.75tn ahead of record debut

The company said on Wednesday that it plans to list its shares at $135 each. The offering would value SpaceX at around $1.77tn (€1.56tn), making it one of the world's most valuable listed companies and potentially the largest IPO in history. SpaceX says it plans to raise up to $75 billion (€66bn) in its long-awaited stock market debut, a move that would make it the largest initial public offering (IPO) on record and significantly boost the wealth of founder Elon Musk, potentially making him...

Euronews 6d ago