Tag: spacex
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SpaceX turns to bond market to raise capital, reports $100.8 billion cash
June 22 : Elon Musk’s SpaceX turned to the bond market for the first time, capitalizing on a post-IPO momentum that has vaulted its cash reserves past $100 billion as the rockets-to-AI group ramps up spending.Monday’s notes offering comes mere days after SpaceX’s IPO, signaling the company’s push to reshape i
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SpaceX launches debt sale to raise capital, reports $100.8 billion in cash
June 22 : Elon Musk’s SpaceX launched its first-ever notes offering on Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19, days after its blockbuster U.S. stock market IPO.The rockets-to-AI company debuted on the Nasdaq on June 12 after raising $85.7 billion from its initia
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From $500 to $1tn: How Elon Musk built his fortune
From a video game sold for $500 (€430) as a teenager to a business empire spanning rockets, electric vehicles, AI and brain implants, Elon Musk has spent decades building companies that have reshaped multiple industries. Here’s a look at the businesses behind the world’s richest man.
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SpaceX lands investment-grade ratings as shares tumble
SpaceX has been awarded investment-grade credit ratings by all three major agencies just days after its record stock market debut, even as its newly listed shares slid sharply on Thursday.
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Commentary: Why SpaceX, Samsung, Hynix are becoming meme stocks
Meme mania is sweeping through the US stock market again, but this time it’s trillion-dollar companies that can distort and sink entire equity markets, says Shuli Ren for Bloomberg Opinion.
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SpaceX gets investment-grade ratings with stable outlook from top agencies
June 18 : SpaceX on Thursday landed investment-grade credit ratings from Moody’s, Fitch and S&P Global Ratings, each assigning a “stable” outlook after the Elon Musk-led company’s high-profile initial public offering.The consensus signals broad confidence in SpaceX’s financial stability, as the company moves
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SpaceX shares fall as post-IPO frenzy loses steam
June 18 : Shares of Elon Musk’s rockets-to-AI firm SpaceX dropped more than 6 per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 6.4 per cent at $179.62, after falling nearly 5 per…
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SpaceX shares tumble as post-IPO frenzy loses steam
June 18 : Shares of Elon Musk’s rockets-to-AI firm SpaceX dropped nearly 9 per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 8.8 per cent to $174.8, after falling nearly 5 per cent…
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SpaceX overtakes Amazon to become world’s fifth most valuable firm
Just three trading days after its record IPO, SpaceX has leapfrogged Amazon to become the world’s fifth most valuable listed company, with its shares briefly carrying it past Microsoft during a frenetic Tuesday session.
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SpaceX options debut pulls record demand as investors chase rocket stock
NEW YORK, June 16 : Trading in SpaceX options kicked off with record volume and bullish activity dominating on Tuesday, underscoring strong investor demand for a new way to bet on the future of Elon Musk’s aerospace company.Some 1.3 million SpaceX contracts traded by 2 p.m. ET (1800 GMT), handily surpassing M
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