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The Latest Breaking News from SpaceX

SpaceX's blockbuster IPO could turn more than 4,000 employees into millionaires. Here’s how

SpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor demand signals strong interest, with thousands of employees set to become millionaires through stock options, reflecting a broad-based culture of ownership within the company.

The Economic Times

Explained: How SpaceX’s $75 billion IPO could create opportunity for Inox India shareholders

As Elon Musk's SpaceX heads for a blockbuster IPO, investors are turning their attention to INOX India, a cryogenic technology specialist with growing exposure to the global aerospace industry. The company's recent US aerospace order and strong financial performance have fuelled optimism, sending its shares sharply higher

The Economic Times

Snake dance in space? NASA astronaut captures mesmerising view across Earth from SpaceX spacecraft

Snake dance in space: Astronaut Jessica Meir shared a stunning timelapse of the Southern Lights, or aurora australis, captured from a SpaceX Dragon spacecraft. The spectacular display appeared as bright green ribbons of light flowing and twisting beneath the spacecraft, offering a rare and mesmerising view from orbit.

The Economic Times

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SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

Fortune

From welder to wealthy: SpaceX IPO could make thousands of employees millionaires

The stock market debut of Elon Musk's AI and space company could make thousands of SpaceX employees significantly wealthier, including some of the firm's lowest-paid staff.

Euronews

SpaceX IPO: Why Wall Street biggies Chris Wood, others are not impressed with $1.8 trillion listing

Despite significant investor interest, Wall Street experts like Chris Wood and Aswath Damodaran express skepticism over SpaceX's $1.8 trillion IPO valuation. Concerns center on AI hype, overly optimistic market size assumptions, and potential market structure advantages that could artificially inflate demand post-listing.

The Economic Times

SpaceX’s IPO success may rub off on Ambani

Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration…

The Economic Times

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SpaceX on cusp of record IPO that could make Musk a trillionaire

NEW YORK - SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.

Bangkok Post

The space economy's next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

Fortune

A knee-jerk reaction or something more? Nvidia's market cap dropped by almost $330 billion in 24 hours as the AI giant reeled from Broadcom's poor guidance

Nvidia saw its market cap tank by $330 billion after Broadcom delivered guidance that many AI investors considered disappointing amid lofty expectations.

TechRadar

Quote of the day by SpaceX CEO Elon Musk: "If you go back say, 300 years, the things we take for granted today, you'd be burned at stake for" — echoes of science fiction

Elon Musk reflects on advances we've made in the 21st century and how, in times gone past, they would be considered "indistinguishable from magic"

TechRadar

Lawsuit challenges Trump administration's land swap with SpaceX in Texas

Environmental groups are seeking to stop a land swap deal between the federal government and SpaceX

The Independent UK

Wall Street counts down to SpaceX IPO

Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level…

France 24

NASA chief defends all-male Artemis 3 astronaut crew amid backlash: 'I don't think anyone should be reading into this'

The four astronauts named to the Artemis 3 crew are all male, but NASA officials emphasized they were selected based on their qualifications and experience.

Space

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Barchart

SpaceX IPO Demand Is Huge. That May Be The Warning.

A great company does not always make a great entry point, and SpaceX may be the ultimate test of whether investors are buying edge or just access.

The Economic Times

Gulf countries act as propellants for SpaceX IPO as billions flow in

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be identified discussing confidential information. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the people said.

MarketBeat

The Biggest Opportunity From SpaceX’s IPO May Surprise You

Massive institutional demand for the upcoming SpaceX stock launch is creating a powerful downstream capital rotation into publicly traded space companies.

The Economic Times

Musk's xAI accused of illegally firing engineer who raised safety concerns

Devin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety risks associated with the AI chatbot Grok. Kim contends that his proactive warnings put him in the crosshairs of the company, leading to his dismissal.

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Newsroom.co.nz

Elon Musk’s $1.8 trillion SpaceX listing is no longer about space

SpaceX is still famous for rockets, but its filings show Elon Musk’s company is now spending more on AI infrastructure than launch and Starlink combined.

Bangkok Post

SpaceX's historic IPO by the numbers

NEW YORK - The stock market debut of SpaceX -- Elon Musk's rocket, satellite and company -- expected Friday, could be the biggest in history. Here are the key numbers.

Space

NASA's ambitious Artemis 3 mission includes 3 giant rocket launches, 2 private moon landers and 1 big question: Can it all work together?

NASA's Artemis 3 mission in 2027 looks to be one of agency's most complicated missions ever, with three giant rocket launches and two private moon lander prototypes that haven't been built yet.

The Economic Times

Norm-breaking SpaceX IPO a source of elation, angst on Wall Street

SpaceX is poised for a historic IPO, aiming to raise $75 billion with a $1.8 trillion valuation. Despite immense investor excitement and Musk's visionary appeal, skeptics question the rocket maker's profitability, citing significant AI investments and substantial losses despite revenue growth. The IPO's performance could significantly impact future tech listings.

Barchart

Only 1 Stock Is the Indispensable Backbone of the $1.8 Trillion Space Economy — and It’s Not SpaceX

As SpaceX's IPO fuels excitement around a potential $1.8 trillion valuation, investors may be overlooking its smaller rival that has become deeply embedded across nearly every corner of the growing space economy.

The Mary Sue

NASA Just Named the Artemis III Crew, but They Are Ditching the Moon Landing for a Risky High-Stakes Rehearsal in Orbit

If all goes well, Artemis IV will finally put boots back on the lunar surface.

MarketBeat

AST SpaceMobile’s SpaceX Catalyst Could Come With a Volatility Warning

ASTS dropped over 12% on June 5 and has fallen more than 30% from its May 28 all-time high, with analyst downgrades and record insider selling of $272 million raising near-term concerns.

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