Tag: Elon Musk
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CNBC Daily Open: Markets score big as Iran war nears final whistle and SpaceX takes the field
Investors cannot take their eyes off another story playing out: the possibility that the Iran war might finally come to an end.
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Musk’s SpaceX prices record US$75 billion IPO at US$135 a share
The IPO values the space, satellite and AI provider at US$1.77 trillion, a record for an initial offering.
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Commentary: As SpaceX, OpenAI and Anthropic plan blockbuster IPOs, will it make them more accountable?
Once publicly listed, the AI labs of SpaceX, Anthropic and Open AI would be subject to public market scrutiny for the first time, says an academic.
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Elon Musk’s SpaceX IPO: Is it worth the hype?
SpaceX’s IPO, set to be the largest ever, would also propel Musk to become the world’s first trillionaire.
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Jim Cramer warns SpaceX could soar to unsustainable levels after its debut
CNBC’s Jim Cramer warned that overwhelming demand for SpaceX could send the stock to unsustainable levels after it begins trading.
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Warren questions SpaceX IPO oversight in new letter to stock indexes
Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.
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SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
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SpaceX IPO will test how Wall Street prices ‘strategic tech’
Elon Musk’s SpaceX defies typical market buckets, and the IPO will give Wall Street another chance to value “strategic tech” like Palantir.
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Trump cancels Iran strikes scheduled for Thursday evening
Hours earlier, Trump warned that the U.S. would attack Iran “VERY HARD TONIGHT,” and soon take over Iran’s oil infrastructure assets, including Kharg Island.
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