
SpaceX IPO Pitched to Investors, Blocked from Early S&P 500 Entry
JPMorgan's Jamie Dimon and other Wall Street giants are pitching SpaceX's upcoming IPO to ultra-rich clients, with Elon Musk speaking at pre-IPO investor events. However, SpaceX has been blocked from early entry into the S&P 500 index, as S&P Global reaffirmed its existing rules.
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Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030 - Bloomberg.com
Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030 Bloomberg.com
Read full article →Wall Street Is Going Gaga for SpaceX
Jamie Dimon himself is planning to pitch investors on the offering of Elon Musk’s rocket company, as banks prepare to reap huge fees from the largest I.P.O. ever.
By Lauren Hirsch
Read full article →SpaceX will get off the ground – but a descent from a silly valuation must follow | Nils Pratley
Investors will buy into the market-leading tech and cult of Musk despite a price that is defying gravity “Our mission,” says the opening sentence of SpaceX’s listing document with a straight face, “is to build the systems and technologies necessary to make life multi-planetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The last bit has an echo of the laughable WeWork, which was going to “elevate the world’s consciousness” via the me...
By Nils Pratley
Read full article →SpaceX blocked from early U.S. benchmark index entry as S&P reaffirms existing rules
S&P Global said Thursday it was not changing the requirements for entry into its major indices, dealing a setback to the IPO plans of Elon Musk's SpaceX.
Read full article →In ‘wild’ twist, SpaceX won’t be allowed early entry to the S&P 500 after all
S&P Dow Jones Indices considered whether to loosen index requirements but opted to keep its policies unchanged.
By Emily Bary
Read full article →AI backlash has come for Elon Musk's massive Terafab chip factory in Texas
Grimes County residents crowd a public meeting to discuss SpaceX's proposed Terafab chipmaking factory. Courtesy/Marie Egyed SpaceX wants to build a massive $55 billion semiconductor facility in Grimes County, Texas. Concerned Grimes County residents crowded a public hearing on Tuesday to discuss the factory. The opposition resembled the backlash against AI data centers across the country. It's not just data centers. Residents in a small Texas county are also now protesting SpaceX's propose...
Read full article →Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor event
Read full article →Keir Starmer tells Elon Musk to stop interfering in UK politics after viral murder case posts
Elon Musk posted about the case on X, suggesting UK police were biased against white people.
Read full article →JPMorgan’s Jamie Dimon pitches ultra-rich clients on SpaceX IPO directly
By Dana Hull, Ryan Gould and Bailey Lipschultz
Read full article →Kospi plunges 5% on US chip stock rout
South Korea's benchmark Kospi tumbled more than 5 percent in early trading Friday, tracking a sharp selloff in semiconductor stocks on Wall Street after Broadcom's earnings and outlook disappointed investors. The Kospi opened at 8,323.2, down 3.66 percent from the previous session. Losses deepened shortly after the opening bell, with the index falling to 8,190.25 as of 9:15 a.m., down 5.2 percent on-session. The decline pushed the benchmark below the 8,100 mark during trading. A sell-side sideca
By The Korea Herald
Read full article →UK PM Accuses Musk Of "Trying To Whip Up Division" Over Student's Murder
UK leader Keir Starmer accused US tech tycoon Elon Musk on Thursday of "trying to whip up division" in Britain following anger over the police handling of the murder of a white student by a Sikh man.
Read full article →SpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules
Read full article →SpaceX AI-related revenue expected to jump 100 times by 2030: report
Read full article →Starmer accuses Musk of trying to whip up division over Henry Nowak murder
Sir Keir Starmer has accused tech billionaire Elon Musk of "trying to whip up division" over the murder of Henry Nowak.
By Abubakar Ibrahim
Read full article →Coverage Timeline
SpaceX AI-related revenue expected to jump 100 times by 2030: report
Wall Street Sees SpaceX’s AI Revenue 100 Times Higher by 2030 - Bloomberg.com
SpaceX blocked from early U.S. benchmark index entry as S&P reaffirms existing rules
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