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The Latest Breaking News from IPO

A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk's trillionaire SpaceX wealth

SpaceX's record IPO made Musk a trillionaire—and created a wealth-management challenge no advisor has ever faced.

Fortune

IPO Calendar: Two companies to launch public offers in a quiet week for the primary market

The IPO market will see limited activity next week, with only two SME issues, Liotech Industries and Leapfrog Engineering, opening on June 17. Together aiming to raise around Rs 125 crore, the offerings reflect continued investor interest in SME listings despite muted activity in the mainboard segment.

The Economic Times

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with…

The Economic Times

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The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends

"The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated."

Fortune

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker

SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other tech giants like OpenAI and Anthropic poised for public debuts, market strategists are scrambling for new labels. While some propose 'MANGOS' or 'Magna Atoms', others believe the 'Magnificent Seven'…

The Economic Times

Mamdani Reignites Tax Debate On X As SpaceX IPO Vaults Musk As World's First Trillionaire

Elon Musk's SpaceX IPO makes him the first trillionaire, prompting NYC Mayor Zohran Mamdani to renew calls for taxing the ultra-wealthy, highlighting ongoing debates on wealth inequality.

International Business Times

Elon Musk Humiliated: Zohran Mamdani Blasts Tesla CEO as SpaceX IPO Creates World's First Trillionaire

Elon Musk's SpaceX IPO makes him the first trillionaire, prompting NYC Mayor Zohran Mamdani to renew calls for taxing the ultra-wealthy, highlighting ongoing debates on wealth inequality.

International Business Times UK

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You can ignore AI giants like SpaceX, but your 401(k) won't

Think you can ignore all the hubbub around SpaceX, Elon Musk and IPOs

AAP

SpaceX IPO: Biggest Initial Public Offering in U. S history draws new grouping name at Wall Street. Check latest social media offerings

SpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coined by strategists.

The Economic Times

MarketBeat Week in Review – 06/08 - 06/12

Stocks rallied on optimism surrounding a potential U.S.-Iran peace deal and SpaceX's historic IPO debut, reinforcing investor confidence and market momentum

MarketBeat

Melinda French Gates has some advice for new IPO billionaires

SpaceX, OpenAI, and Anthropic IPOs are about to mint a new generation of millionaires and billionaires—who will have to decide what to do with their money.

Fortune

Elon Musk's big payday from SpaceX IPO

Investors who bought the shares are unlikely to see the explosive growth that past IPOs had

Salon

SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire

Johnsen, SpaceX’s longest-tenured and only CFO, is now worth about $1.4 billion.

Fortune

Uday Kotak questions SpaceX valuation, says only time will tell if we're in ‘mega bubble'

Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks came after the company’s debut propelled Elon Musk to trillionaire status and lifted SpaceX into the world’s corporate elite.

The Economic Times

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Fortune

How Elon Musk rewrote SpaceX's story—and turned it into the greatest IPO debut in history

By convincing investors that AI will power his moonshot, SpaceX broke records in its trading debut.

The Economic Times

SpaceX becomes world's 7th most valuable company after blockbuster market debut

SpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong investor demand, heavy trading volumes and retail enthusiasm boosted Elon Musk’s fortune, despite the company remaining loss-making and heavily growth-driven.

The Economic Times

Retail investors build big dreams on small slices of SpaceX

SpaceX's initial public offering saw massive retail investor interest. A substantial 30% of shares were set aside for individual buyers. Many investors eagerly bought shares on the first day, contributing to a 19% price surge. Brokerages reported record participation. Some investors received fewer shares than requested, while others bought directly…

The Economic Times

Global markets: Stocks rise as SpaceX makes market debut; oil slides on Gulf peace hopes

Global equities rose Friday, led by a surge in SpaceX's market debut, which pushed its valuation past $2 trillion. Wall Street ended higher as investors weighed hopes for an Iran peace deal against the tangible boost from the successful IPO. Oil prices slid over 3% on renewed optimism for a…

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The Economic Times

Dollar steadies, set for weekly loss on US-Iran deal talks

The dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged higher after the ECB's rate hike, while traders awaited the Federal Reserve's upcoming meeting. Markets are assessing the impact of potential peace and the SpaceX offering on…

The Economic Times

Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say

Japanese investors showed immense interest in SpaceX's record-breaking IPO. They sought over one trillion yen in shares, with retail investors leading the charge. This strong demand mirrored global enthusiasm for Elon Musk's company. Japanese investors ultimately secured 2.2 billion dollars worth of stock. The IPO was the world's largest public…

The Economic Times

Elon Musk net worth tops combined wealth of next 4 billionaires after historic SpaceX debut

SpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first time. Strong investor demand pushed the company’s valuation past $2 trillion, cementing Musk’s position as the world’s richest individual by a wide margin.

The Economic Times

OpenAI under investigation by group of state attorneys general

A group of US state attorneys general has started a wide-ranging probe into OpenAI. The ChatGPT maker received a subpoena seeking documents on its operations and user impact. This investigation includes data handling, minors, seniors, and internal policies. OpenAI faces increasing legal scrutiny as it prepares for an IPO. The…

AAP

AAP Rolling News Bulletin June 13, 1130

AAP Rolling News Bulletin for June 13 at 1130

AAP

AAP Rolling News Bulletin June 13, 1100

AAP Rolling News Bulletin for June 13 at 1100

AAP

AAP Rolling News Bulletin June 13, 1030

AAP Rolling News Bulletin for June 13 at 1030

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