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13.06.26 - 01:48
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Wall Street Week | SpaceX Goes Public, Google′s AI Bet, World Cup Price Backlash (Bloomberg)
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This week, the arrival of mega-IPOs is testing capital markets as investor appetite grows larger than supply. The federal government is making a direct investment in private technology companies, betting on quantum computing. Plus, Google is making its most radical change to search in twenty years by incorporating AI. Later, the most lucrative World Cup in history is testing how much fans are willing and able to pay for football. (Source: Bloomberg)...
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12.06.26 - 23:36
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SpaceX to list on US stock market at historic $1.77tn valuation (The Guardian)
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Initial public offering for aerospace and AI company made Musk the world's first trillionaire as share prices jumpedShare your views on SpaceX's stock market debutSpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company's valuation above $2tn, where it remained through market close. The company's initial public offering made the company's CEO, Elon Musk, the world's first trillionaire.“It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said in an address at SpaceX's headquarters Friday morning. He reiterated the company's mission to “make humanity multiplanetary” and “take the fiction out of science fiction”. Continue reading......
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12.06.26 - 22:42
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SpaceX′s Wall Street Debut Breaks Records (Bloomberg)
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On today's Big Take podcast, David Gura and Bloomberg's Ed Ludlow break down the over $1.7 trillion SpaceX IPO and what it means for Musk, the space economy and the financial markets. (Source: Bloomberg)...
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