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How SpaceX stacks up against some of the biggest US IPOs
Reuters94d agoneutral
How SpaceX stacks up against some of the biggest US IPOs

SpaceX is targeting a valuation of roughly $1.75 trillion in its upcoming ‌initial public offering, in what could be the ‌biggest-ever stock market debut by a U.S. company on Wall Street. The ​listing of Elon Musk-led SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa and Facebook, now Meta Platforms, which analysts ‌say reflects high growth ⁠expectations from the rocket and satellite company that it may struggle to meet. Analysts ‌say SpaceX's proposed valuation reflects in part how much investors are being asked to pay for future growth.

Wall Street Hearts AI, as Blockbuster IPO Shows
The Wall Street Journal95d agoneutral
Wall Street Hearts AI, as Blockbuster IPO Shows

The strong reception comes after enthusiasm for AI companies and chip hardware helped the S&P 500 and the tech-laden Nasdaq composite rebound quickly from Iran war concerns and soar to new records. At the other end of the spectrum, Honda reported its first annual loss as a listed company—equivalent to $2.7 billion. 2. Security researchers say they have discovered a new way of circumventing Apple’s state-of-the-art security technology.

Cerebras Crashes AI Party With Breakout IPO
Moby95d agobearish
Cerebras Crashes AI Party With Breakout IPO

The AI chipmaker priced at $185, planned to sell at $125, and cleared a $100 billion valuation before lunch, which is not bad for a company nobody had heard of 48 hours ago

Blackstone data center vehicle makes muted debut after $1.75 billion IPO
Reuters95d agoneutral
Blackstone data center vehicle makes muted debut after $1.75 billion IPO

Shares of Blackstone's newly minted investment vehicle opened flat in their market debut on Thursday, ‌after the company raised $1.75 billion in its U.S. initial public offering ‌with plans to buy data center assets. New York-based Blackstone Digital Infrastructure Trust's stock opened at $20 ​per share, the same price at which it had sold 87.5 million shares in its IPO. Artificial intelligence-linked companies have taken center stage in the U.S. IPO market this week with three billion-dollar offerings, including chipmaker Cerebras and Fervo ‌Energy.

Why the Cerebras IPO is a huge deal for the AI chip game
Yahoo Finance Video95d agoneutralVIDEO
Why the Cerebras IPO is a huge deal for the AI chip game

Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know, including how OpenAI (OPAI.PVT) fits into the picture.