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Musk's SpaceX raises $75 billion in largest IPO ever
Musk's SpaceX raises $75 billion in largest IPO ever June 11 : Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion. The largest ever IPO cements SpaceX's status as one of the world's most valuable companies. Its shares will begin trading on the Nasdaq on Friday.
SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next
SpaceX's initial public offering this week is set to be the biggest ever in history, flooding the stock market with new shares that begs the question: where is the money going to come from? As far as Wall Street is concerned, the stock market has what it takes to absorb the new equity supply. In the 12 months to September 2025, S&P 500 companies issued roughly $1.7 trillion, or roughly $140 billion a month, according to Gavekal Research.
Explainer-Why SpaceX faces a longer wait to join S&P 500
Explainer-Why SpaceX faces a longer wait to join S&P 500 June 5 : SpaceX's entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in passive fund inflows from the potential inclusion. The decision keeps several barriers intact. To join the S&P 500, a company must trade publicly for at least 12 months, be profitable under U.S. accounting standards and hold a free float of at least 10 per cent.
WA muso's 3D printed instruments draw on decades of creativity
feel good Albany musician Eddy Jay turns to 3D printer for new supply of musical instruments Thu 11 Jun 2026 at 10:33am It began as a bet with his father. Could you make your own concertina?
Future Power Rankings: How all 68 Power 4 college football teams stack up
Projecting a college football program's future is harder than ever. Rosters and fortunes change dramatically and championship pathways are more open than ever. The assets that make a program great in 2026 might not be there in 2027.
MLB Power Rankings: An all-NL top 3 -- but who cam...
Atlanta's reign atop our list continues for the fourth consecutive week, as the Braves narrowly beat out the Dodgers for the No. 1 spot in Week 10. It was a big week for the National League as the Brewers round out our top three, marking the first time this season that the top three teams have all been from the NL. The Pirates, Phillies and Padres join the trio in our top 10, as the Yankees, Rays, Mariners and Guardians represent the American League in the top 10.
Still-too-early 2026 MLB All-Stars: AL, NL roster ...
We're about a month away from MLB All-Star Game rosters being announced, so it's time for ESPN's still-too-early All-Star selections. As always, we have wonderful surprises and family-friendly debates for all ages. Get some popcorn and settle in.
Teen Russell, with Tiger's son on bag, makes Open
Miles Russell was among two 17-year-olds who earned a spot in the U.S. Open on Monday. Still to be determined was whether Russell brings his caddie from the 36-hole qualifier -- the son of three-time champion Tiger Woods -- to Shinnecock Hills next week. Russell, the No. 10 amateur in the world, survived a bogey on the first playoff hole and grabbed the fourth and final spot from the Florida qualifier.
Big 12 preview: Despite the drama, Texas Tech stil...
Back when the NIL era was in its nascent stages, with a new Big 12 and a 12-team College Football Playoff on the way, I wondered if there was room for the emergence of a Clemson-style dynasty from a conference known primarily for the endless number of close games. If some team could craft a recruiting boost from both solid spending and sustained success, perhaps they could ride that to a series of conference titles and, perhaps, even playoff runs? I admittedly didn't have a specific team in...
Can A.I. produce writing that we want to read?
In the previous installment of this series on the future of higher education, I talked with professors about the ways that A.I. has changed their classrooms. Most felt despair over the breakdown of a contract between student and teacher, one predicated on the faith that, even if students weren’t always perfect, they would at least challenge themselves to think every once in a while. If students rely on A.I. summaries to do their “reading” for them, if they don’t attempt to put their ideas...