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Traders are pricing SpaceX 70% higher before its June 12 IPO
TheStreet71d agoneutral
Traders are pricing SpaceX 70% higher before its June 12 IPO

SpaceX won't ring the bell on Nasdaq until June 12, but crypto traders have already started betting on it. On Hyperliquid (HYPE), a synthetic contract by SPCX-USDC has started tracking the rocket maker's valuation. Hyperliquid is a decentralized crypto exchange built for perpetual ...

NVIDIA (NVDA) Acquires AI Startup Kumo as Full-Stack Strategy Expands
Insider Monkey71d agoneutral
NVIDIA (NVDA) Acquires AI Startup Kumo as Full-Stack Strategy Expands

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. On June 3, 2026, NVIDIA Corporation (NASDAQ:NVDA) acquired Kumo AI, a four-year-old startup specializing in predictive business foundation models, according to sources familiar with the matter, said Fortune. The financial terms of the acquisition remain undisclosed. Meanwhile, Kumo’s co-founders, […]

Is the SpaceX IPO Crashing the Crypto Market?
24/7 Wall St.71d agobearish
Is the SpaceX IPO Crashing the Crypto Market?

The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?

Bloomberg71d agoneutral
SpaceX IPO Is Said to Be Well Oversubscribed, Orders Close Wednesday

(Bloomberg) -- SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imper

Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks
24/7 Wall St.71d agobearish
Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

BNP Paribas is warning clients that this week’s SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the market higher. Retail investors are expected to be heavy buyers of the IPO, and they will need to raise ... Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

Tesla Stock Rises Ahead of SpaceX’s Friday IPO
Barrons.com71d 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.