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Live: ASX to fall, SpaceX eyes mega IPO
live Live market updates: ASX tipped to open lower, SpaceX eyes $US135-a-share for mega IPO The ASX is set to fall after Wall Street pulled back from record highs as renewed Iran war fears hit risk appetite. Oil prices also climbed on fresh Middle East tensions. Meanwhile, all eyes are on SpaceX after it set a $US135-a-share IPO price for what could be the biggest float in history.
SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
SpaceX signage in the lobby of the Goldman Sachs headquarters in New York, US, on Wednesday, June 3, 2026. Goldman Sachs Group Inc. and Morgan Stanley are co-lead on the SpaceX IPO, with Morgan Stanley noting their listing is in alphabetical order.
As the tech mega-IPO race hots up, has OpenAI missed its moment?
With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is walking back those ideas after failing to make money from ads and erotic chatbots.
As the tech mega-IPO race hots up, has OpenAI missed its moment?
With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is walking back those ideas after failing to make money from ads and erotic chatbots.
Buying into SpaceX, Anthropic and other mega-IPOs could be a problem for your index fund
Index rules and timelines will divide winners and losers.
SpaceX Boosts Japan Fundraising Goal to $2.5 Billion in Mega IPO
SpaceX facilities in Hawthorne, California. Photographer: Ethan Swope/Bloomberg