Tag: spacex
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Space stocks slump as blistering rally cools after SpaceX market debut
June 12 : U.S. space stocks tumbled on Friday as investors rushed to lock in gains on the day of SpaceX’s market debut, snapping a months-long rally fueled by anticipation over the blockbuster IPO.The Elon Musk-led company jumped 28 per cent, clinching a valuation of over $2 trillion as both institutional inv
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SpaceX IPO makes Musk a paper trillionaire
Elon Musk’s SpaceX company has floated on the Nasdaq stock exchange, with shares climbing more than 25% above the opening price. This makes Musk the world’s first paper trillionaire, at least by market capitalization.
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World Cup fans caught up in SpaceX IPO spectacle in New York
NEW YORK, June 12 : Soccer fans expecting little more than selfies and street noise in Times Square instead found themselves swept into another global spectacle on Friday, the blockbuster stock market debut of Elon Musk’s SpaceX.Clusters of supporters in national colours, in town for World Cup matches acros
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SpaceX starts trading after the largest public offering in history
Elon Musk’s SpaceX began trading on the Nasdaq this Friday under the ticker SPCX, following a record $75bn (€65bn) capital raise that valued the AI and space firm at about $1.78 trillion (€1.54trn).
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SpaceX set to surge past US$2 trillion valuation in blockbuster Wall Street debut
SpaceX was on course to blow past US$2 trillion in market valuation in its Nasdaq debut on Friday (Jun 12), reflecting the frenzy for the Elon Musk-led company and putting it on track to become the sixth-largest publicly listed company in the United States.Shares were indicated to open around US$175 a share,
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SpaceX trading to kick off after record IPO, with hopes for first-day surge
June 12 : The frenzy for SpaceX shares will kick off on Friday when the Elon Musk-led company makes its long-awaited Nasdaq debut, testing whether unprecedented investor demand can translate into a blockbuster opening for the world’s biggest IPO.Days of hoopla around the debut now turn to what will be one of
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SpaceX IPO, U.S-Iran deal, Bezos on AI and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
LONDON, June 12 : Hedge funds sold out of the biggest U.S. tech stocks, and some even added bearish positions, according to data from a JPMorgan note late Thursday, just before SpaceX was set to go public on Friday.Shares in the “Magnificent Seven” – a group that includes some of the biggest tech names on…
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Elon Musk’s SpaceX IPO: the capitalist space revolution begins
World’s biggest IPO: Elon Musk wants to raise $75bn for SpaceX, making him Earth’s first trillionaire, as Rainer Zitelmann explains in an opinion piece for Euronews how it came about and what happens next. #EuropeNews
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How Musk’s tactics left investors clamoring for SpaceX stock and ignoring risks
NEW YORK, June 12 : In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX, the rocket ship company making its highly anticipated stock market debut this week.One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur
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