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Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?
24/7 Wall St.56d agoneutral
Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?

The market’s attention has been fixed on SpaceX‘s (NASDAQ:SPCX) historic public debut and the company’s rapid climb toward a valuation exceeding $2 trillion. Yet the bigger story may not be the IPO itself. It may be what Elon Musk does next. Over the past several years, Musk has increasingly consolidated businesses that share technology, talent, ... Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?

Investing.com56d agoneutral
ITG targets $2.67 billion valuation in U.S. IPO

Investing.com -- Digital infrastructure company ITG plans to raise up to $429.3 million through its initial public offering on the Nasdaq, the Hendersonville, Tennessee-based firm said Monday.

Investing.com56d agoneutral
Lime seeks up to $1.66 billion valuation in US IPO

Investing.com -- Lime, the electric bike and scooter rental company backed by Uber, plans to raise funds through a U.S. initial public offering that could value the firm at up to $1.66 billion.

Oaktree-backed ITG targets $2.7 billion valuation in US IPO
Reuters56d agoneutral
Oaktree-backed ITG targets $2.7 billion valuation in US IPO

Digital infrastructure company ITG is targeting a valuation of up to $2.67 billion in its U.S. market debut, joining ‌a string of issuers rushing to capitalize on AI-driven demand ‌and benefit from a busy summer IPO window. The post-SpaceX IPO market has remained busy as ​companies rush to seize the strong conditions for new listings before the traditional summer lull kicks in. Uber-backed ‌electric-bike startup Lime and ⁠silver miner Sinda also launched their U.S. initial public offering roadshows on Monday.

Bloomberg56d agoneutral
Biggest US Home Lender’s Merger Fight Spotlights Its 60% Stock Slide

(Bloomberg) -- Mat Ishbia’s frustration was boiling over. The billionaire chief executive was trying to salvage a deal he described in February as a “strategic inflection point” for his company, United Wholesale Mortgage. After months of back-and-forth — and a steep decline in his own wealth — he didn’t hold back. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Enga

Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price
24/7 Wall St.57d agoneutral
Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price

One of the most anticipated public offerings in recent memory is drawing skepticism. SpaceX (NASDAQ:SPCX) currently has a valuation of roughly $2.44 trillion, up nearly 40% from its $1.75 trillion IPO. Morningstar analysts have signaled the stock could be worth less than half that figure on a fundamentals basis. That gap was the centerpiece of a recent segment on ... Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price