SpaceX Kicks Off AI IPOs Set
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SpaceX Kicks Off AI IPOs Set to Rewrite the Rules of Wall Street
A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California.
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says NEW YORK, June 2 : In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter. The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.
SpaceX IPO explained: Can Indians invest and how does it work?
SpaceX is set to enter Wall Street, with an IPO valued at a whopping $1.75 trillion! The long-awaited listing has kicked off a rush among retail investors all chasing a slice of its rockets, satellites and AI empire, turning it into one of the most talked-about market moments in recent times. Demand is already so high that bankers have reportedly received twice the number of orders compared to the shares available.
OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days before Elon Musk's SpaceX is set to hit the public market. The artificial intelligence company, which is valued at more than $850 billion, has been gearing up to go public as soon as the fourth quarter of this year. A confidential filing allows the company to submit its financials to regulators for review before they're made available to the...
OpenAI Confidentially Files for IPO on the Heels of SpaceX and Anthropic
OpenAI has filed confidential paperwork for an initial public offering, the company announced on Monday, kicking off what could be a monthslong process toward debuting on a US stock exchange. The move makes it the third company to file for what could be a trillion-dollar IPO this year. Tech companies pursuing the most powerful AI models, including publicly traded giants Alphabet, Amazon, Meta, and Microsoft, are hungry for tens of billions dollars each to build out more data centers and...
Exclusive-SpaceX targets $1.75 trillion valuation including greenshoe option in record IPO, sources say
Exclusive-SpaceX targets $1.75 trillion valuation including greenshoe option in record IPO, sources say June 2 : SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion, including a greenshoe option, in its blockbuster initial public offering, two people familiar with the matter told Reuters on Tuesday. After some early meetings with investors, or a "testing the waters" process, the company has indicated it plans to raise at least $75 billion, the...
Global week ahead: Soccer isn't the only thing that's kicking off
There is a special type of fever around a men's soccer World Cup. And the 2026 edition of the tournament is causing even more excitement, with 48 teams instead of the usual 32, and three host nations instead of the usual one. Matches will stretch from Vancouver to Mexico City from June 11 to July 19, marking the first time the games are being hosted in North America since 1994.