Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor man...
Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a statement.
SpaceX (NASDAQ: SPCX) stock is set to launch on Friday at $135 per share in what's almost certainly going to be the biggest initial public offering ever. The stock is being heavily marketed through the company's roadshow and its IPO partners, including the underwriting investment banks and several online trading platforms. If everything goes as planned, many SpaceX employees might become millionai...
SpaceX (NASDAQ: SPCX) stock is set to launch on Friday at $135 per share in what's almost certainly going to be the biggest initial public offering ever. The stock is being heavily marketed through the company's roadshow and its IPO partners, including the underwriting investment banks and several online trading platforms. If everything goes as planned, many SpaceX employees might become millionaires overnight, and Elon Musk could become the world's first trillionaire. But what about retail investors? At $135 a pop, is this a stock to consider? Image source: Getty Images. Continue reading
⚽️ Infantino tells fans to ‘chill’ in response to Fifa’s critics ⚽️ Match centre | Player guide | Bracketology | Mail Tom Domestic news: Wolves have sacked Rob Edwards , Sky Sports is reporting, the manager paying the price for failing to stop the club’s slide to relegation from the Premier League. More to follow Greetings everyone. It’s here! The biggest, possibly most controversial and strangest...
⚽️ Infantino tells fans to ‘chill’ in response to Fifa’s critics ⚽️ Match centre | Player guide | Bracketology | Mail Tom Domestic news: Wolves have sacked Rob Edwards , Sky Sports is reporting, the manager paying the price for failing to stop the club’s slide to relegation from the Premier League. More to follow Greetings everyone. It’s here! The biggest, possibly most controversial and strangest World Cup yet. After months and years of chatter and hype, fear and loathing, we’ll actually have some football to get stuck into from this afternoon/evening. It’s coming up to 1am in Mexico City as the co-hosts enjoy their last sleep before it all starts. And where better to start than the Azteca Stadium, one of the most storied venues in the world, lit up by Pelé and Diego Maradona among others back in the day? Continue reading...
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Welcome to the Thursday issue of India Edition; I’m Menaka Doshi . Each week, I bring you a ringside view of the billionaires, businesses and policy decisions behind India’s rise as an emerging economic powerhouse. You can subscribe here , and share feedback with me here . This week: India’s IPO parade faces competition, Modi and Trump confront thorny issues, and urea relief. A Battle of IPOs Hear...
Welcome to the Thursday issue of India Edition; I’m Menaka Doshi . Each week, I bring you a ringside view of the billionaires, businesses and policy decisions behind India’s rise as an emerging economic powerhouse. You can subscribe here , and share feedback with me here . This week: India’s IPO parade faces competition, Modi and Trump confront thorny issues, and urea relief. A Battle of IPOs Hear that giant sucking noise? It’s the sound of global capital rushing to Wall Street in anticipation of a blockbuster IPO year that could add more than $3.6 trillion in market value to US exchanges — and leave India’s long-awaited marquee listings fighting harder for foreign investor attention. SpaceX’s $75 billion IPO, the biggest ever , is already several times oversubscribed , with Elon Musk’s space and artificial intelligence company preparing to list at a valuation of about $1.8 trillion. Two other mega offerings are expected later this year from Anthropic, valued at more than $965 billion, and OpenAI, valued at $852 billion. It’s the kind of excitement — albeit on a much smaller scale — that many had hoped to see in India this year, with a slate of offerings from Jio Platforms , National Stock Exchange , SBI Funds Management , Zepto and Manipal Health . The country’s largest wireless carrier, its biggest asset manager, the world’s busiest derivatives market, a leading quick-commerce company and a prominent hospital chain had promised to showcase a modern, fast-growing economy. Now they risk looking almost conventional, stodgy even. Sure, billionaire Mukesh Ambani has plans to add more than $100 billion worth of AI glam to his Reliance Jio empire. But I doubt the Jio prospectus will include a mission “to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” Already, foreign funds are fleeing and domestic investors are increasingly cautious — is India’s IPO parade about to be upstaged? I put that q...