As the SpaceX Hype Machine Steamrolls Ahead, Wall Street Jumps Aboard

Elon Musk and his bankers are working to create a self-fulfilling prophesy for SpaceX’s massive initial public offering: Make investors feel that the risks of passing up the stock outweigh those of buying into it.

By Maureen Farrell and Lauren Hirsch

Investors race to get exposure to SpaceX ahead of IPO

Net $14bn pours into funds with stakes in rocket company while ETF providers line up wave of new products

Top analyst has harsh words for SpaceX debut: ‘We recommend that investors avoid this IPO’

SpaceX lowers IPO valuation target to at least $1.8T: report

Rocket, Satellite Stocks Surge as SpaceX IPO Fuels Euphoria

Growing excitement around the burgeoning space economy is increasingly favoring companies positioned to benefit not only from Elon Musk’s SpaceX filing for a public offering, but also from rising enthusiasm for space exploration and increased funding.

By Arvelisse Bonilla Ramos

SpaceX Reportedly Lowers IPO Valuation Target

SpaceX Reportedly Lowers IPO Valuation Target SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion. In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to wha...

By Tyler Durden