IPO

The Tema Space Innovators ETF (NYSE:NASA) has emerged as one of Wall Street's hottest ways to position for the highly anticipated IPO of SpaceX, crossing $1 billion in assets under management just 37 trading days after launch as investors rush for exposure to the booming commercial space economy....

SpaceX, Anthropic, and OpenAI are set to make their debut on Wall Street, thanks to new “fast entry” rules by Nasdaq. This move is expected to trigger a massive wave of buying and selling, shaking up the indices. Nasdaq’s new rules, implemented this month, will...

Elon Musk-led commercial spaceflight giant SpaceX‘s IPO could become a problem for Tesla Inc. (NASDAQ:TSLA) investors and shareholders as the market readies itself for the June IPO date. Muskonomy The upcoming IPO could take investors’ appetite away from Tesla and onto SpaceX, while...

Elon Musk‘s rocket company, SpaceX, disclosed in its IPO filing that xAI plans to spend $2.8 billion on additional mobile gas turbines, despite being embroiled in a lawsuit over emissions from its generator near Memphis, Tennessee.  The National Association for the Advancement of Colored...

The scramble to gain exposure to SpaceX ahead of its much-anticipated IPO is accelerating, and ERShares is making an aggressive bet that retail investors want in early. The firm said Thursday that its ERShares Private-Public Crossover ETF (NASDAQ:XOVR) added approximately $35 million in additional...

Elon Musk-led SpaceX has revealed a potential $28.5 trillion total addressable market (TAM) for the commercial space flight giant in its latest filings. Largest Actionable TAM In its filings with the Securities and Exchange Commission (SEC) on Wednesday, SpaceX shared that it had identified the...

SpaceX, the space exploration company led by Elon Musk, disclosed in its IPO filing on Wednesday that it holds more than $1 billion in Bitcoin (CRYPTO: BTC) on its balance sheet. More Details About BTC’s Reserves The company disclosed 18,712 BTC on hand as of March 31, recognized at a...

As SpaceX gears up for its IPO in June, an expert has voiced concerns about potential trading volatility amid the influence of founder and top boss Elon Musk. University of Florida finance professor Jay Ritter told Forbes that an "Elon Musk effect" could significantly impact SpaceX's valuation,...

Hedge fund D1 Capital Partners is reportedly poised to reap significant benefits from the upcoming public listing of Elon Musk‘s SpaceX. D1 Capital’s stake in SpaceX could be worth approximately $20 billion if the rocket manufacturer achieves its anticipated $1.75 trillion valuation,...

The launch of leveraged ETFs tied to newly public AI chipmaker Cerebras Systems Inc (NASDAQ:CBRS) may be signaling something much bigger brewing on Wall Street: a looming race to launch leveraged funds tied to SpaceX. ETF issuer Leverage Shares rolled out the Leverage Shares 2X Long CBRS Daily...

Top Pension officials from New York and California have written to SpaceX CEO Elon Musk, expressing concern over the “extreme” governance structure of the commercial space flight company ahead of its public listing. Comptrollers Express Concern New York State Comptroller Thomas DiNapoli...

The 2020s might enter the history books as an era where the market skipped the stairs and kept taking the elevator either way. The recent surge since the beginning of Q2 is the best example. According to BullTheory, U.S. equities added nearly $10 trillion in market capitalization in just 39 trading...

Companies such as Stripe, SpaceX, and Databricks are showing that it's possible to scale into the tens or even hundreds of billions of dollars without ever becoming public. Investors are pricing these companies through private and secondary markets — showing that the function an initial public...

Space analytics company HawkEye 360 set its initial public offering (IPO) price at $26 on Wednesday. The Herndon, Virginia-based company sold 16 million shares, which is expected to raise about $416 million. HawkEye is expected to begin trading on Thursday on the New York Stock Exchange under the...

Billionaire hedge fund manager Bill Ackman has that he was clarifying why his newly listed closed-end funds, Pershing Square USA (PSUS) and Pershing Square Inc. (PS), slid after listing, pointing to how late-day trading mechanics collided with an unusually retail-heavy allocation. The...