Tag: investors
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Retail investors build big dreams on small slices of SpaceX
NEW YORK, June 12 : Individual investors eager for a piece of SpaceX’s mega IPO on Friday scrutinized their e-mail inboxes and brokerage accounts to see just how big a slice of the pie they received – while others went straight to the open market to scoop them up on day one.From the start, SpaceX…
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Elon Musk becomes world’s first trillionaire as SpaceX soars in stock market debut
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
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Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say
TOKYO, June 13 : Japanese investors were willing to subscribe to more than 1 trillion yen ($6.2 billion) of shares in SpaceX’s record-breaking IPO, two sources familiar with the offering said.The majority of the demand came from retail investors, added the sources, who declined to be identified as they were n
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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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Global equity funds draw third weekly inflow as investors buy the dip
June 12 : Global equity funds drew inflows for a third straight week, as investors used a market selloff to add exposure to technology stocks on expectations the AI-driven rally will continue.Investors bought a net $3.32 billion of global equity funds in the week through June 10, compared with $21.12 billion
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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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After record IPO, Musk’s SpaceX faces next test in market debut
June 12 : SpaceX is set to begin trading on Nasdaq on Friday after investors poured $75 billion into the world’s biggest IPO ever, betting that Elon Musk’s lofty space, communications and AI ambitions can justify a $1.77 trillion valuation. The landmark listing cemented Musk’s status as the first trillionaire
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AI boom sparks rally, frenzy and fear
LONDON, June 10 : An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech, while consumers, workers and businesses are grappling with existential questions unleashed by the likes of ChatGPT and Claude. Some analysts say Artificial I
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Retail investors hit borrowing limits at South Korean brokerages, think tank says
SEOUL, June 10 : Leveraged stock investments by South Korean retail investors have reached their limits set at local brokerage firms as the country’s world-beating stock market rally stretches borrowing capacity, a think tank said on Wednesday. “There are caps at each brokerage firm, which are being strictly
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