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SK Hynix US listing more than seven times oversubscribed, source says
Reuters38d agoneutral
SK Hynix US listing more than seven times oversubscribed, source says

Demand for SK Hynix's $28 billion U.S. share sale was more than seven times available ‌shares, a person familiar with the matter said, underscoring ‌huge investor appetite for one of the most important companies in the AI supply ​chain. The offering from the South Korean chipmaker, which will finance new factories and equipment to meet surging AI chip demand, is set to be the world's second-biggest share sale after SpaceX's record-breaking $85.7 billion IPO last month. SK ‌Hynix declined to comment.

VC's space appetite outlives SpaceX's IPO as Blue Origin eyes $10B raise
Pitchbook38d agoneutral
VC's space appetite outlives SpaceX's IPO as Blue Origin eyes $10B raise

Anadolu/Getty Images Blue Origin is tapping outside investors for the first time, reportedly looking to raise $10 billion at a $130 billion pre-money valuation, a sign that appetite for private space companies has persisted past SpaceX’s blockbuster IPO. Blue Origin’s decision to raise outside capital coincides with a rise in investor interest in space startups, not for rocket launches but as key AI infrastructure via data centers in space. In a May CNBC interview, Jeff Bezos said space data cen

SpaceXAI launches Grok 4.5 model for coding, agentic tasks
Reuters38d agoneutral
SpaceXAI launches Grok 4.5 model for coding, agentic tasks

SpaceXAI on Wednesday launched the Grok 4.5 AI model, calling it the company's most intelligent offering to date designed ‌for coding and agentic tasks. Here are some details: • SpaceXAI said Grok 4.5 ‌was trained across tens of thousands of Nvidia GB300 graphics processing units, with a focus ​on meticulous data filtering, deduplication and quality scoring. "We've partnered with SpaceXAI to train Grok 4.5," popular AI coding agent Cursor said.

Top Bank of America Analysts Pound the Table on These 2 IPO Stocks
TipRanks38d agoneutral
Top Bank of America Analysts Pound the Table on These 2 IPO Stocks

After a quiet period, the IPO market has staged a comeback in 2026, with investors showing a greater appetite for newly public companies. Businesses operating in fast-growing industries such as AI, aerospace, and digital infrastructure have generally enjoyed the strongest demand, although investors have remained selective when evaluating new listings.4th of July Sale - 70% Off Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions.

BofA extends first $520 million loan to OpenAI ahead of IPO, source says
Reuters38d agoneutral
BofA extends first $520 million loan to OpenAI ahead of IPO, source says

Bank of America has extended a $520 million credit line to OpenAI, its first loan to the AI company that is ‌preparing for an initial public offering, a person familiar with the ‌matter told Reuters on Wednesday. The loan makes BofA one of OpenAI's largest lenders and bolsters its ​credentials as a market leader in AI-related capital markets financing, the source said, requesting anonymity to discuss confidential information. BofA has helped raise nearly $500 billion in capital for AI-related companies since 2025, accounting for 60% of such fundraising across investment-grade debt, leveraged ‌finance and equity capital markets, ⁠according to internal data seen by Reuters.

Morgan Stanley sends strong signal on SpaceX stock price target
TheStreet38d agoneutral
Morgan Stanley sends strong signal on SpaceX stock price target

SpaceX priced its IPO at $135 on June 12, raised $85.7 billion, and watched the stock run to $225 in its first week of trading before it pulled back to $160. Twenty-five days later, the mandatory quiet period for IPO underwriters expired. The analyst notes started landing at dawn on July 7. By the ...

SpaceX moves Bitcoin amid possible market crash
TheStreet38d agobearish
SpaceX moves Bitcoin amid possible market crash

A dormant SpaceX Bitcoin wallet just moved for the first time in six months, and the crypto market is paying close attention to what comes next. In an X post, blockchain intelligence firm Arkham flagged the transaction on Wednesday, noting that a tagged SpaceX address made a test transfer of ...

Bulls vs. Bears on SpaceX
The Wall Street Journal39d agoneutral
Bulls vs. Bears on SpaceX

Bull case 🐂 JPMorgan analysts led by Doug Anmuth “SpaceX’s ambitions—and potential impact on humanity—are bigger than any company’s we’ve ever seen.” Bear case 🐻 MoffettNathanson analysts led by Julie Zhu “There is simply no credible financial model that can support what is at the time of this writing a roughly $2 trillion valuation.

SpaceXAI plans to launch new model with Cursor as soon as Wednesday, The Information reports
Reuters39d agoneutral
SpaceXAI plans to launch new model with Cursor as soon as Wednesday, The Information reports

SpaceXAI and Cursor plan to launch their first jointly developed AI model as soon as Wednesday, The ‌Information reported, citing a memo sent to staff. Cursor declined to comment when contacted by ⁠Reuters, while SpaceXAI did not immediately respond to a request for comment. Elon Musk's SpaceX said in June ​it ​would buy Anysphere, the startup behind ​popular AI coding agent ‌Cursor, in an all-stock deal worth $60 billion to boost its presence in the lucrative enterprise AI tools market.

SpaceX Is Now Cheaper Than It Was on Day One
The Wall Street Journal39d agoneutral
SpaceX Is Now Cheaper Than It Was on Day One

SpaceX shares fell 6.8% to close at $149.47, below the $150 price where shares began trading June 12, the day of the rocket maker's initial public offering. Though the stock has dipped below that threshold in intraday trading four times, Tuesday was the first time it closed below $150.

SpaceX Shares Stumble in Nasdaq-100 Debut
The Wall Street Journal39d agobearish
SpaceX Shares Stumble in Nasdaq-100 Debut

It was a failure to launch for SpaceX shares on their first day in the Nasdaq-100. Amid a broad decline in tech stocks, the rocket maker’s shares dropped 6.8% to $149.47—above their IPO price of $135, but down from a peak above $200 and below the $150 price where shares began trading on June 12. Mutual and exchange-traded funds with roughly $800 billion in assets under management have been expected to buy SpaceX shares to mirror the Nasdaq-100’s performance, providing a guaranteed source of demand that some hoped might lift the stock.

Goldman Sachs revamps SpaceX stock price target for 2026
TheStreet39d agoneutral
Goldman Sachs revamps SpaceX stock price target for 2026

SpaceX (SPCX) didn’t enter the market quietly. Its blockbuster debut has instantly made it one of the most-watched companies on Wall Street, with investors chasing a rare public-market play on rockets, satellites, Starlink, and Elon Musk’s next frontier. The first major analyst calls are landing ...