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Louis Navellier says avoid IPO FOMO with five hidden AI plays
TheStreet68d agoneutral
Louis Navellier says avoid IPO FOMO with five hidden AI plays

During this week of trading, with the heated anticipation of the SpaceX initial public offering (IPO), it’s particularly important for investors to remember the Facebook IPO. Investors were clamoring. It was the biggest event on Wall Street in decades. The stock was priced at $38. By August, it ...

Tech Stocks Waver Ahead of SpaceX’s IPO
The Wall Street Journal68d agoneutral
Tech Stocks Waver Ahead of SpaceX’s IPO

Shares of Marvell Technology, computer memory-maker Micron Technology and Advanced Micro Devices all fell sharply. Many investors may be moving portfolios out of stocks that have risen strongly this year to free up cash for the SpaceX IPO expected this week. Existing home sales in May came in ahead of forecasts.

What massive SpaceX-Alphabet compute deal means ahead of IPO
Yahoo Finance Video68d agoneutralVIDEO
What massive SpaceX-Alphabet compute deal means ahead of IPO

SpaceX (SPAX.PVT) continues to turn investors' heads ahead of its IPO this Friday, June 12, as Elon Musk's space company strikes a deal with Alphabet (GOOG, GOOGL) for the Big Tech company to borrow computing power for $920 million per month. Yahoo Finance Senior Reporter Pras Subramanian discusses the value this has for investor sentiment on SpaceX's upcoming stock release. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

Investing.com68d agoneutral
SpaceX IPO demand nears four times oversubscribed on surging interest - Reuters

Investing.com -- Elon Musk’s Space Exploration Technologies Corp (NASDAQ:SPCX) has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, according to a report from Reuters. This massive influx of capital completely dwarfs the $75 billion the aerospace firm is seeking to raise. The deal’s oversubscription rate is currently running at three and a half to four times the planned offering size. Sources familiar with the matter indicated to Reuters that long-only

Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO
24/7 Wall St.68d agoneutral
Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO

The market is gearing up for a SpaceX IPO on June 12, and it feels like yesterday that the business confidentially filed for its IPO. That was on April 1 this year. You would expect quiet action since then, but the space-AI hybrid is accelerating before the ticker goes live. SpaceX has signed two monster ... Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO

Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation
24/7 Wall St.68d agoneutral
Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation

OpenAI just took its most concrete step yet toward Wall Street, while going out of its way to say it has not actually decided to go public. The company confidentially filed S-1 IPO paperwork with the SEC and disclosed the move in a blog post. OpenAI was valued at roughly $850 billion after its $122 billion financing round ... Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation

Investing.com68d agoneutral
SpaceX IPO demand from institutions exceeds available shares

Investing.com -- SpaceX’s initial public offering has attracted orders from institutional investors that are several times larger than the number of shares available, according to a report from Bloomberg News, citing people familiar with the matter.

Elon Musk reveals his grand ambitions for SpaceX ahead of IPO
TheStreet68d agoneutral
Elon Musk reveals his grand ambitions for SpaceX ahead of IPO

SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever completed. Before the ...

SpaceX IPO Draws Orders for Multiple Times the Shares Available
Bloomberg68d agoneutral
SpaceX IPO Draws Orders for Multiple Times the Shares Available

(Bloomberg) -- SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm's debut gets closer.Most Read from BloombergHouse Republican Says Hegseth's D-Day Remarks 'Inappropriate'Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race

Bloomberg68d agoneutral
SpaceX IPO Draws Orders for Multiple Times the Shares Available

(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000