SpaceX’s debut has proven more rollercoaster ride than rocket trip so far — for its own investors as well as for smaller firms in its wake.
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Lockheed Martin has won billions in defense contracts over the next six years, but faces White House pressure to speed up production.
The shares sold in last week’s IPO represented just 5% of its outstanding stock, leaving retail investors clawing for the limited float
GM’s growth capacity has become strained in recent years, in part due to uncertainty around the future of electric vehicle demand.
With the German car industry mired in structural disarray, the pivot to the thriving defense sector has fast become a sign of the times.
Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.
The Pentagon has been slow to invest in drones, stifling the sector’s ability to ramp up in the US. Now, it’s playing catch-up.
Surging prices are prompting budget-conscious travelers to second-guess vacation plans while airlines dangle new perks for luxury customers.
There are a whopping 23 banks named on the cover of the SpaceX prospectus, with Goldman Sachs holding the lead-left spot.
SpaceX is scheduled to hold a crucial flight test of its Starship rocket prototype, developed as part of NASA’s Artemis program.
Boeing also said Tuesday that it it booked 136 orders and completed a lower-than-expected 47 deliveries in April.
Corning, the company that invented Pyrex, is commanding Wall Street’s attention as a supplier of fiber optics for AI.
Shares soared 8% on an earnings beat Wednesday, erasing much of the losses the company has suffered since the start of the war in Iran.
Sales climbed 10% as Boeing narrowed its losses from $31 million in the same quarter last year to $7 million this go-round.
The aptly code-named startup Project Prometheus is close to scoring a new $10 billion fundraise at a cool $38 billion valuation.