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FinanceBloomberg Markets11m ago

SpaceX IPO Draws Billions in Orders

Bloomberg's Ed Ludlow and Bailey Lipschultz joins Matt Miller on "Bloomberg Deals. " SpaceX is offering 555. 6 million shares at a fixed price of $135 each, which would raise about $75 billion.

FinanceBloomberg Markets43m ago

Sitting Out the SpaceX IPO? Why That’s Hard to Do

Wall Street has been fixated on the stock market debut of Elon Musk’s SpaceX. The rocket-and-AI company’s initial public offering on June 12 is set to be the largest in history.

AI & MLBloomberg Markets43m ago

SpaceX IPO Is Said to Be More Than Four Times Oversubscribed

SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.

TechnologyTNW46m ago

India froze Starlink approvals over Iran fears, days before SpaceX’s record IPO

India has effectively frozen the approvals Starlink needs to begin commercial operations in the country. Security agencies under India’s Ministry of Home Affairs withheld final clearances after SpaceX allowed Starlink access inside Iran despite not having a licence to operate there, Bloomberg re...

FinanceBloomberg Markets52m ago

SpaceX Holder Says Orbital Data-Centers Offer Big Payoff, Risks

SpaceX’s $1. 75 trillion initial public offering highlights the potential upside — and downside — from Elon Musk’s bold vision to place data centers in Earth orbit, according to one of the company’s private investors.

FinanceBloomberg Markets58m ago

TrueCar's Scott Painter on Elon Musk and SpaceX

SpaceX fever is spreading fast as investors rush into the record-breaking IPO. But before it became a global powerhouse, SpaceX was a startup fighting for survival. TrueCar founder and longtime Elon Musk adviser Scott Painter shares insight into Musk's entrepreneurial journey and SpaceX's early...