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IonQ’s Quantum Push Tested By SkyWater Deal And Quantinuum IPO
Simply Wall St.75d agoneutral
IonQ’s Quantum Push Tested By SkyWater Deal And Quantinuum IPO

IonQ (NYSE:IONQ) reports record Q1 revenue while advancing presales and a planned demonstration of its new 256 qubit system. The company announces a planned $1.8b acquisition of SkyWater to deepen semiconductor capabilities and move toward greater vertical integration. IonQ secures a $39m government contract that adds further visibility to its quantum computing pipeline. Quantinuum’s recent IPO introduces a new listed competitor, drawing fresh attention and capital to quantum stocks. IonQ,...

AT&T Valuation Debate Grows As SpaceX IPO Highlights Broadband Threat
Simply Wall St.75d agoneutral
AT&T Valuation Debate Grows As SpaceX IPO Highlights Broadband Threat

AT&T (NYSE:T) has been downgraded by a major Wall Street analyst, citing rising competitive pressure in broadband from satellite providers. SpaceX’s expanding satellite internet service, Starlink, is highlighted as a potential long term threat to AT&T’s core broadband business. The announcement of a SpaceX IPO is drawing fresh attention to satellite broadband and raising questions about future market share across the sector. AT&T (NYSE:T) is a key player in US telecoms, with broadband as an...

SpaceX IPO: Every ETF That Will Hold SPCX — and When
etf.com76d agoneutral
SpaceX IPO: Every ETF That Will Hold SPCX — and When

<p>SpaceX is going public on June 12 — nine days from now — at a valuation of approximately $1.75 trillion, which would make it the largest IPO in history. For ETF investors, the event is unavoidable: index rules will force an estimated $22–27 billion in automatic buying from funds tracking the S&P 500 and Nasdaq-100. Here's which ETFs will hold SpaceX, when they'll buy, and what the IPO means for your portfolio.</p>

Anthropic scales its most powerful AI a day after filing to IPO
TheStreet76d agoneutral
Anthropic scales its most powerful AI a day after filing to IPO

Money is a story we agree to believe. A dollar buys a dollar's worth because we all act as if it does, and a company is worth whatever the next buyer will pay, not a penny more. For most of the past century, the biggest stores of that belief were countries and the giant public companies their ...

Reuters76d agoneutral
Blackstone-backed Liftoff Mobile raises $437 million in US IPO

Blackstone-backed Liftoff Mobile said on Wednesday it has raised $437 million in its U.S. initial public offering, as ‌a busy summer for listings gathers pace and encourages ‌more companies to test investor appetite. The Redwood City, California-based company sold 19 million shares ​and priced its offering at $23 per share, above targeted range of $20 to $22 apiece. The IPO valued it at $3.83 billion, according to outstanding shares disclosed in its IPO prospectus.

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire
Associated Press76d agoneutral
SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece. The offering would give SpaceX a market value of $1.77 trillion.

SpaceX IPO Could Be a Killer—in More Ways Than One
Barrons.com76d agoneutral
SpaceX IPO Could Be a Killer—in More Ways Than One

Elon Musk’s SpaceX, which is likely to get a $1.8 trillion price tag when it debuts on the Nasdaq next week, carries a host of superlatives. Part of the problem is SpaceX itself. The company combines Musk’s space, satellite, social media, and artificial intelligence divisions, and is expected to float 555 million shares next week with a share price of around $135.

What's justifying SpaceX's $2T valuation target ahead of IPO?
Yahoo Finance Video76d agoneutralVIDEO
What's justifying SpaceX's $2T valuation target ahead of IPO?

According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.