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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

Why SpaceX 2040 Revenue FCST $4.3T in highly unlikely

An essay in scrolls The Offering SpaceX priced its debut at a $1.77 trillion valuation, edging Saudi Aramco's $1.7T for the largest in history. Each block is $25 billion. Aramco was the only company that ever came close; the famous tech IPOs barely register.

Hacker News 4h 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

The €3trn question: Can markets handle SpaceX, OpenAI and Anthropic all at once?

Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.

Euronews 2d 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

South Korea's KEPCO wins Saudi Jafurah power project, seen worth $1.4 billion

South Korea's KEPCO wins Saudi Jafurah power project, seen worth $1.4 billion SEOUL, June 4 : Korea Electric Power Corp (KEPCO) said it had won a contract to build and operate the second phase of a cogeneration power plant at Saudi Arabia's Jafurah project, expanding its presence in the kingdom's energy market. The company expects total revenue of about 2.1 trillion won ($1.4 billion) from the project. KEPCO said in a statment on Wednesday it signed the power and steam sales agreements with...

Channel News Asia 6d ago

Iran war: Even a peace deal won't fix energy crunch

Iran war: Even a peace deal won't fix energy crunch June 4, 2026As the Iran war approaches 100 days on Sunday, a comforting but flawed assumption has taken hold. Many policymakers, businesses and investors believe that a rapid reopening of the Strait of Hormuz will quickly bring down energy prices, once stranded oil and gas tankers can finally leave the Gulf. Yet top oil executives, shipping sector leaders and economists are predicting the opposite.

Deutsche Welle 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

Inflation inside the electronics you buy may soon become a bit more sticky

Anyone with evergreens in their yard probably knows the familiar feeling of putting their hand on the trunk and coming away with a sticky film on their fingers. This sticky stuff is better known as resin. Under the right conditions, tree resin hardens.

CNBC 3d ago