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Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technology
Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technology June 8 : 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...
On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds
On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds WASHINGTON, June 11 : Even before going public, Elon Musk’s SpaceX has become a household name in America — more widely recognized than legacy Apollo-era companies and even prominent 2028 presidential hopefuls, according to a Reuters/Ipsos poll. For the last decade, SpaceX rockets have regularly returned to ocean platforms or giant mechanical arms on the launchpad in controlled landings that resemble science...
SpaceX IPO: Musk's firm sees huge oversubscription as institutional orders top $10 billion
SpaceX's blockbuster initial public offering has attracted more than $10 billion in orders from institutional investors, signalling strong demand for what could become the largest IPO in history, according to Bloomberg sources. Banks managing the offering are expected to stop accepting orders from institutional investors after US markets close on Wednesday, giving them time to assess demand and finalise allocations ahead of the listing. The Elon Musk-led rocket, satellite and artificial...
Five ways Elon Musk's SpaceX upended Wall Street's IPO playbook
Five ways Elon Musk's SpaceX upended Wall Street's IPO playbook June 8 : Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker SpaceX goes public, in ways that no other company has. Here is how SpaceX is breaking Wall Street traditions with its record $75 billion listing.
Elon Musk's SpaceX IPO plans reveal blockbuster spending on rockets and AI
The company is on track to pull off the largest IPO in history — making CEO Elon Musk even wealthier. (Image credit: Joe Raedle)
SpaceX IPO shows Musk’s genius is in mythmaking
How exactly the company plans to support its gargantuan valuation is not obvious
Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
Musk to speak at chip tool giant ASML event ahead of SpaceX IPO AMSTERDAM, June 11 : Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing,"...
One of Denmark's biggest pension fund blacklists IPO of Elon Musk's Spacex
A prominent Danish pension fund that previously made waves by dumping US Treasuries has reportedly announced that it will boycott the upcoming Initial Public Offering (IPO) of SpaceX, citing severe overvaluation and a deeply flawed corporate governance model. According to a report by Bloomberg, AkademikerPension, which manages $25 billion in assets, has blacklisted the aerospace giant despite its massive target valuation of at least $1.8 trillion. Anders Schelde, the fund’s chief investment...
Elon Musk's SpaceX aiming to raise $75bn in record IPO
Elon Musk's SpaceX aiming to raise $75bn in record IPO June 4, 2026SpaceX, the aerospace and satellite communications company headed by US tech billionaire Elon Musk, is planning to raise around $75 billion (€64.6 billion) through what would be a record-breaking initial public offering (IPO), according to a regulatory filing released Wednesday. SpaceX intends to offer 555,555,555 shares at an initial price of $135 per share in an offering which, based on approximately 13 billion shares...