The day has come. The Space Exploration Technologies (NASDAQ:SPCX) IPO is ready to touch down, and it’s going to be interesting to see how the shares twist and turn in their first full day on the public markets. It’s an oversubscribed IPO, to say the least, as last-minute investors look to submit their limit orders ... 3 Reasons SpaceX Stock Might Be a Buy as Soon as it IPOs
The day has come. The Space Exploration Technologies (NASDAQ:SPCX) IPO is ready to touch down, and it’s going to be interesting to see how the shares twist and turn in their first full day on the public markets. It’s an oversubscribed IPO, to say the least, as last-minute investors look to submit their limit orders ... 3 Reasons SpaceX Stock Might Be a Buy as Soon as it IPOs
Swiss companies expect the government to water down the proposed population cap if voters back it, according to the country’s main business lobby. “In Switzerland we have a saying that the soup isn’t eaten as hot as it is cooked,” Economiesuisse Chief Economist Rudolf Minsch told Bloomberg Television on Friday, adding that “some pragmatic solution” will be found to ensure Swiss firms can continue ...
Swiss companies expect the government to water down the proposed population cap if voters back it, according to the country’s main business lobby. “In Switzerland we have a saying that the soup isn’t eaten as hot as it is cooked,” Economiesuisse Chief Economist Rudolf Minsch told Bloomberg Television on Friday, adding that “some pragmatic solution” will be found to ensure Swiss firms can continue to recruit workers from abroad. On Sunday, Switzerland will vote on whether to limit the number of residents to 10 million people in 2050, from 9.1 million currently. Polls predict a close outcome on the measure, which right-wing campaigners initiated to force the government to rein in immigration. Minsch added that a key task for Switzerland’s leaders in case of a “yes” vote would be to calm concerns of the European Union, which wants to reaffirm bilateral cooperation with a new set of treaties based on the free movement of people. “We have to explain that initially nothing will happen,” Minsch said. Minsch’s optimism about implementation contrasts with the view of Lombard Odier. Earlier this month, the bank highlighted that the nature of the initiative would make it difficult to dodge the concrete policy triggers spelled out in the proposal. The government could be forced to quit the free movement accord with the EU if the population rises persistently above 10 million, which could be the case in the 2040s. That would then threaten wider bilateral agreements including on access to the bloc’s common market. “The free movement of persons is a key component of our relations,” a spokesperson for the European Commission said this week. “It is on this basis that we will look at the outcome of this vote.” The plebiscite could be one of the most disruptive in years, as apart from political fallout it also threatens significant economic damage. Swiss companies say recruiting abroad is vital for their success and the government has estimated output could be 12% lower at the end of ...
The SpaceX initial public offering (IPO) is now underway. And no matter where the share price heads in the coming weeks, months, and years, one thing is for certain: SpaceX will be deploying its new capital at breakneck speed. In total, SpaceX's projected IPO proceeds should come in around $75 billion, though underwriter allotments and other small additions may push this figure even higher. In the...
The SpaceX initial public offering (IPO) is now underway. And no matter where the share price heads in the coming weeks, months, and years, one thing is for certain: SpaceX will be deploying its new capital at breakneck speed. In total, SpaceX's projected IPO proceeds should come in around $75 billion, though underwriter allotments and other small additions may push this figure even higher. In the company's 370-page IPO prospectus , the word "competition" appears more than 180 times. This high frequency is partly due to boilerplate legal statements. But there's also quite a bit of commentary regarding how stiff competition for SpaceX's core markets is expected to be. SpaceX seems particularly concerned with rising competition in its artificial intelligence (AI) segment. Continue reading
primeimages/E+ via Getty Images Market Review Financial markets began the year on relatively stable footing, supported by moderating inflation and resilient economic growth. Conditions shifted abruptly in late February, following coordinated military actions by the U.S. and Israel against Iran, which introduced geopolitical shocks with significant implications for global energy markets. Restrictio...
primeimages/E+ via Getty Images Market Review Financial markets began the year on relatively stable footing, supported by moderating inflation and resilient economic growth. Conditions shifted abruptly in late February, following coordinated military actions by the U.S. and Israel against Iran, which introduced geopolitical shocks with significant implications for global energy markets. Restrictions on transit through the Strait of Hormuz, a critical route for global energy supplies, prompted immediate repricings due to geopolitical risk. Approximately one-quarter of seaborne crude oil, and one-fifth of liquefied natural gas volumes, pass through the Strait. Brent crude oil, at roughly $70 per barrel prior to the conflict, rose to above $100. Refined products experienced even sharper increases, particularly for jet fuel and diesel. Higher energy costs contributed to rising inflation expectations and a reassessment of the outlook for interest rates, with markets pricing fewer and later rate cuts this year from the U.S. Federal Reserve. Risk assets weakened as a result. Equity markets declined, with the S&P 500® Index falling approximately 6% from peak to trough. Credit spreads widened and longer-dated Treasury yields moved higher, with the 10-year U.S. Treasury yield rising above 4.3%. These dynamics weighed broadly on fixed income markets during the latter part of the quarter. Against this backdrop, corporate and idiosyncratic transactions remained an important source of opportunities. Global merger and acquisition (M&A) activity proved resilient, with volume reaching nearly $1.4 trillion in 1Q, the second-highest quarterly total on record. For credit-focused event investors, transactions tied to mergers, acquisitions, financings, and asset sales continued to offer defined terms and contractual protections, with outcomes driven primarily by deal progression and issuer-specific events, rather than broad market movements. Performance For the first quarter of 2026, the...