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.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Bloomberg News reported that Goldman’s equities trading desk at is on pace to generate over $5 billion in revenue in the second quarter.
No, not the fruit. The acronym stands for Meta, Anthropic, Nvidia, Google (Alphabet), OpenAI and SpaceX.
Single-stock funds, particularly leveraged products, have exploded since the company’s IPO.
The shares sold in last week’s IPO represented just 5% of its outstanding stock, leaving retail investors clawing for the limited float
SpaceX is expected to set aside 20% of its shares for retail buyers who’ve placed bids for more than $100 billion worth of shares.
The demand for SpaceX investments is so big asset managers are working to get leveraged funds out the day of the IPO.
SpaceX is set to go public on Friday. Here’s how it could impact the industry.
Everyone wants a piece of the action. What’s the best way to invest in the Elon Musk-led company?
Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.
After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.
“Everyone wants a piece of SpaceX,” said Strategas’ ETF strategist Todd Sohn.
In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.
40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.
There are a whopping 23 banks named on the cover of the SpaceX prospectus, with Goldman Sachs holding the lead-left spot.