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Tesla Stock Rises Ahead of SpaceX’s Friday IPO
Barrons.com69d agoneutral
Tesla Stock Rises Ahead of SpaceX’s Friday IPO

Shares of the electric-vehicle maker were up 1.4% at $396.65 in premarket trading, while futures were up 0.4% and futures were down 0.1%. Investors are waiting to see if some investors will sell Tesla stock to buy SpaceX shares. Technical factors like that can create short-term price distortions.

Investing.com71d agoneutral
Yardeni weighs SpaceX IPO viability as trillion-dollar listings loom

Investing.com -- The initial public offering market is bracing for a historic influx of capital, led by Elon Musk's private space enterprise. Space Exploration Technologies Corp (NASDAQ:SPCX) is set to go public on June 12 to raise up to $80 billion at a $1.8 trillion valuation, followed by multi-trillion-dollar debuts from Anthropic and OpenAI. According to a recent research report from Yardeni Research, fears are mounting that this "AI-3" trio will suck the oxygen out of the rest of the equity

Investing.com72d agoneutral
S&P DJI holds firm on index rules despite megacap IPO anticipation

Investing.com -- S&P Dow Jones Indices has concluded its market consultation regarding potential methodology adjustments for megacap companies across its major U.S. benchmarks. Following an extensive review of feedback from market participants, the index provider announced that its existing criteria will remain fully intact for its main equity suites, despite a historic wave of highly anticipated IPOs for private giants valued in the multi-hundred-billion to trillion-dollar range. The decision e