Elon Musk's rocket and satellite company, SpaceX, filed to go public earlier this month, setting the stage for what could become the largest initial public offering (IPO) in history. In a prospectus released on May 20, the company said it plans to list its Class A shares on the Nasdaq under the ticker SPCX, with a debut that could arrive as soon as next month. The figures being floated are stagger...
Elon Musk's rocket and satellite company, SpaceX, filed to go public earlier this month, setting the stage for what could become the largest initial public offering (IPO) in history. In a prospectus released on May 20, the company said it plans to list its Class A shares on the Nasdaq under the ticker SPCX, with a debut that could arrive as soon as next month. The figures being floated are staggering. SpaceX is reportedly targeting a valuation around $1.75 trillion, and there have been reports that the number could push above $2 trillion. The company could raise roughly $75 billion -- more than double the record set by Saudi Aramco's 2019 listing, and the biggest IPO ever by money raised. A valuation near $2 trillion would also make SpaceX one of the most valuable public companies in the world, though still well behind the most valuable, Nvidia, which now sits above $5 trillion. But a record-setting headline and a great investment aren't the same thing. Before chasing the debut, investors may want to weigh two questions: what the filing actually reveals about the business, and what history says about IPOs this large. One profitable business, two that aren't The prospectus offers the first real look at SpaceX's finances, and the picture is more complicated than the company's reputation might suggest. Revenue reached about $18.7 billion in 2025, up 33% from the year before. Yet SpaceX lost $4.9 billion on a net basis -- a sharp reversal from roughly $791 million in net income a year earlier. That swing comes down to how the company is now built. The filing breaks SpaceX into three segments, and only one of them makes money. The connectivity business, anchored by the Starlink satellite internet service, brought in $11.4 billion last year, or about 61% of total revenue, along with about $4.4 billion in operating profit. Starlink has scaled quickly, reaching about 10.3 million subscribers across 164 markets by the end of the first quarter -- approximately double its coun...
(RTTNews) - The Japanese stock market is trading sharply higher on Wednesday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 65,900 level to fresh all-time highs, with gains in technology stocks partially offset by weakness in automakers and financial stocks. The benchmark Nikkei 225 Index is up 919.94 or 1.42 p...
(RTTNews) - The Japanese stock market is trading sharply higher on Wednesday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 65,900 level to fresh all-time highs, with gains in technology stocks partially offset by weakness in automakers and financial stocks. The benchmark Nikkei 225 Index is up 919.94 or 1.42 percent at 65,916.03, after touching a fresh all-time high of 66,428.81 earlier. Japanese stocks ended modestly lower on Tuesday. Market heavyweight SoftBank Group is declining almost 4 percent, while Uniqlo operator Fast Retailing is gaining almost 4 percent. Among automakers, Honda is edging down 0.2 percent and Toyota is losing almost 1 percent. In the tech space, Advantest is gaining more than 4 percent, Screen Holdings is jumping more than 7 percent and Tokyo Electron is surging almost 6 percent. In the banking sector, Mizuho Financial and Mitsubishi UFJ Financial are losing more than 1 percent each, while Sumitomo Mitsui Financial is declining almost 2 percent. Among the major exporters, Mitsubishi Electric is gaining more than 1 percent and Panasonic is edging up 0.3 percent, while Sony is losing more than 2 percent. Canon is flat. Among other major gainers, Shin-Etsu Chemical and Hoya are jumping more than 6 percent each, while Toto and Sumitomo Electric Industries are surging more than 5 percent each. SHIFT and NSK are advancing almost 5 percent each, while FUJIFILM Holdings is gaining more than 4 percent. JTEKT is adding almost 4 percent and Lasertec is rising more than 3 percent, while Sapporo Holdings and Kubota are up almost 3 percent each. Conversely, Socionext is tumbling almost 6 percent, Astellas Pharma is sliding more than 5 percent, Sharp is slipping more than 4 percent and Sumitomo Realty & Development is losing almost 4 percent, while Kawasaki Heavy Industries, IHI, Japan Steel Works, Furukawa Electric, Tokyo Tatemono and Aozora Bank are all declining al...
Key Points The S&P 500 index is trading near all-time highs, with a price-to-earnings ratio of 27x. The index has been driven by news flow and emotions amid the conflict in the Middle East, which is roiling energy markets. Volatility is likely to be the norm, with a material risk of a drawdown if high energy prices trigger a global recession. 10 stocks we like better than Berkshire Hathaway › Stoc...
Key Points The S&P 500 index is trading near all-time highs, with a price-to-earnings ratio of 27x. The index has been driven by news flow and emotions amid the conflict in the Middle East, which is roiling energy markets. Volatility is likely to be the norm, with a material risk of a drawdown if high energy prices trigger a global recession. 10 stocks we like better than Berkshire Hathaway › Stock prices started to decline as May drew to a close, but then quickly turned around and moved higher. At this point, the S&P 500 index (SNPINDEX: ^GSPC) is hovering near all-time highs. It could be that the old saying that the market climbs a wall of worry is being played out, or it could just be that investors aren't paying enough attention to the market's underlying risks. What should you take away from the market's seemingly resilient performance in the face of uncertainty? For most investors, it is probably best to err on the side of caution right now. Here's why. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The market is expensive Vanguard S&P 500 Index ETF (NYSEMKT: VOO) is a low-cost and easy way to buy the market. The S&P 500 index is well constructed, comprising roughly 500 large, economically important stocks. A market-cap-weighted approach means that the most important businesses are those driving the broader index's returns. Even Warren Buffett, the former CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), has suggested it as a good choice for most investors. He's worth listening to, since his long-term investment success earned him the nickname the Oracle of Omaha. But there's an interesting twist here that long-term investors should consider. Before Buffett retired at the end of 2025, he was letting cash pile up on Berkshire Hathaway's balance sheet. His successor, trained in Buffett's in...
They took her four times to get it; twice she was turned away because she had a cold. "Don't stress," he says the health care worker told them, "the vaccine can be administered up until she reaches 5." The third and fourth time, he says, they were told the vaccine was unavailable.
They took her four times to get it; twice she was turned away because she had a cold. "Don't stress," he says the health care worker told them, "the vaccine can be administered up until she reaches 5." The third and fourth time, he says, they were told the vaccine was unavailable.
(RTTNews) - The Thai stock market has finished higher in five straight trading days, advancing more than 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,550-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets is mixed to higher, thanks to support from technology stocks and easing crude oil prices. The...
(RTTNews) - The Thai stock market has finished higher in five straight trading days, advancing more than 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,550-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets is mixed to higher, thanks to support from technology stocks and easing crude oil prices. The European and U.S. markets were mixed and the Asian bourses are expected to follow suit. The SET finished slightly higher again on Tuesday as gains from the finance and technology sectors were offset by weakness among the resource, service and industrial stocks. For the day, the index rose 3.03 points or 0.20 percent to finish at 1,553.36 after trading between 1,547.86 and 1,563.42. Volume was 9.742 billion shares worth 58.368 billion baht. There were 267 decliners and 182 gainers, with 211 stocks finishing unchanged. Among the actives, Advanced Info fell 0.28 percent, while Thailand Airport was down 0.46 percent, Asset World tumbled 2.56 percent, Banpu surrendered 2.52 percent, Bangkok Bank rallied 2.66 percent, Bangkok Dusit Medical gained 0.55 percent, B. Grimm contracted 2.16 percent, BTS Group gave up 0.97 percent, CP All Public stumbled 1.60 percent, Energy Absolute added 0.62 percent, Gulf lost 0.40 percent, Kasikornbank climbed 1.02 percent, Krung Thai Card sank 0.84 percent. PTT Oil & Retail slumped 0.79 percent, PTT dropped 0.68 percent, PTT Exploration and Production weakened 1.38 percent, PTT Global Chemical retreated 1.38 percent, SCG Packaging tanked 2.46 percent, Siam Commercial Bank collected 0.75 percent, Siam Concrete jumped 1.76 percent, Thai Oil skidded 1.08 percent, True Corporation shed 0.72 percent, TTB Bank improved 0.85 percent and Charoen Pokphand Foods, Krung Thai Bank and Bangkok Expressway were unchanged. The lead from Wall Street lacks clarity as the major averages opened higher, although the Dow quickly fell into the red and stayed that was fo...
Key Points D-Wave Quantum maintains a diverse commercial customer base of over 135 organizations including global leaders like Pfizer and Mastercard. IonQ delivered triple-digit revenue growth in fiscal 2025 while operating with no debt on its balance sheet. Which quantum computing specialist is the better addition to your portfolio in 2026? 10 stocks we like better than D-Wave Quantum › Investors...
Key Points D-Wave Quantum maintains a diverse commercial customer base of over 135 organizations including global leaders like Pfizer and Mastercard. IonQ delivered triple-digit revenue growth in fiscal 2025 while operating with no debt on its balance sheet. Which quantum computing specialist is the better addition to your portfolio in 2026? 10 stocks we like better than D-Wave Quantum › Investors are racing to find the next generational leader in the quantum computing market. Quantum systems are designed to handle complex calculations that classical computers find impossible. Deciding between D-Wave Quantum (NYSE:QBTS) and IonQ (NYSE:IONQ) depends on which technical approach you believe will scale first. D-Wave focuses on annealing technology to solve complex optimization problems, while IonQ utilizes trapped-ion systems for general-purpose computing. Both companies are in early growth stages, prioritizing market share and technical breakthroughs over current profitability as they compete for dominance in this emerging field. The case for D-Wave Quantum D-Wave Quantum positions itself as a dual-platform provider, offering both annealing and gate-model quantum systems. The company targets commercial, government, and research sectors, providing hardware and cloud-based software services. Its customer list includes global organizations like Mastercard and Pfizer. These partnerships allow businesses to explore quantum applications in logistics and materials science. The business showed significant expansion among quantum computing companies. In its 2025 fiscal year, revenue reached $24.6 million, representing an increase of approximately 179% over the previous year. Despite this rapid top-line growth, the company reported a net loss of $355.1 million for the period. This resulted in a net margin of approximately negative 1,444.1%. As of its December 2025 balance sheet, the company maintains a debt-to-equity ratio of close to 0.1x. This ratio compares total debt to shar...