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Bloomberg19d agoneutral
Asia’s Biggest IPO of 2026 Puts Crypto Shadow Market to the Test

(Bloomberg) -- China’s biggest IPO in more than a decade became the first major Asian test for crypto’s emerging pre-IPO futures — and the blockchain market largely delivered.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPOStocks, Bonds Rise in Relief Rally as Oil Tumbles: Markets Wrap

Bloomberg20d agoneutral
Traders Are Getting a New Tool to Wager on the Biggest US Stocks

(Bloomberg) -- Investors will soon have another way to bet on the hottest stocks from Nvidia Corp. to SpaceX, without trading a single share.Most Read from BloombergDeepSeek Said to Tell Backers of Funding Pause After Viral PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightHouthis Claim Saudi Attack as US Ends Run of Iran StrikesRetina Chip Designed to Restore Sight to Go on Sale in EuropeCME Group Inc. will launch single

Bloomberg20d agoneutral
Traders Are Getting a New Tool to Wager on the Biggest US Stocks

(Bloomberg) -- Investors will soon have another way to bet on the hottest stocks from Nvidia Corp. to SpaceX, without trading a single share.Most Read from BloombergDeepSeek Said to Tell Backers of Funding Pause After Viral PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightHouthis Claim Saudi Attack as US Ends Run of Iran StrikesRetina Chip Designed to Restore Sight to Go on Sale in EuropeCME Group Inc. will launch single

HSBC sends troubling SpaceX stock prediction
TheStreet21d agoneutral
HSBC sends troubling SpaceX stock prediction

Wall Street spent most of July arguing about how much SpaceX stock is worth. On Friday, July 24, HSBC became the first major bank to tag it as worth slightly less than the market is already paying. The bank initiated coverage of Space Exploration Technologies (SPCX) with a hold rating and a ...

Peter Schiff says SpaceX is a warning for hyped stocks
TheStreet21d agoneutral
Peter Schiff says SpaceX is a warning for hyped stocks

Every generation of investors gets handed a story it is told not to question. For your parents, it might have been blue chips that could not fail. For your older siblings, it was probably a website with a good domain name. For a lot of you reading this, it has been the idea that anything touching ...

Elon Musk’s Boring Company Eyes $20 Billion Valuation in New Funding Round
The Wall Street Journal22d agoneutral
Elon Musk’s Boring Company Eyes $20 Billion Valuation in New Funding Round

Elon Musk’s tunneling startup, the Boring Company, is in talks to raise new funding that would value it at around $20 billion, according to people familiar with the discussions. The funding round hasn’t closed and the people cautioned that the terms could change. Steve Davis, president of the Boring Company, didn’t respond to requests for comment.

Elon Musk confirms former trillionaire status as SpaceX plunges 50%
TheStreet22d agobearish
Elon Musk confirms former trillionaire status as SpaceX plunges 50%

On July 24, Elon Musk confirmed on X that he is now a former trillionaire. The tech tycoon's wealth skyrocketed following the initial public offering (IPO) of SpaceX (Nasdaq: SPCX) more than a month ago on June 12. The space technology and artificial intelligence (AI) company also ...

Elon Musk’s Companies Hit Headwinds
The Wall Street Journal22d agoneutral
Elon Musk’s Companies Hit Headwinds

Elon Musk’s July slump is getting worse today. Tesla and SpaceX, the companies that helped Musk achieve trillionaire status last month, are now moving in the opposite direction, cutting his wealth by billions.

Bloomberg22d agoneutral
SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says

(Bloomberg) -- The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesSpaceX Turns Away Falcon C

Regulator Sends Go-Fast Signal to Satellite Companies
The Wall Street Journal23d agoneutral
Regulator Sends Go-Fast Signal to Satellite Companies

Space companies want to deploy an unprecedented number of satellites in the years ahead. A key regulator wants to move faster to potentially approve those efforts. The Federal Communications Commission recently voted to overhaul satellite-licensing rules, aiming to provide clearer standards for applicants.