Topic
debut
Technology Chinese robotics giant Unitree soars in stock market debut
Unitree Robotics, described as the world's biggest humanoid robot maker, surged more than 600% on its first day of trading on Shanghai's Star Market. Shares opened at 1,100 yuan versus an offer price of 150.8 yuan. The listing marks a milestone in China's push for robotics leadership.
Finance SpaceX Share Price Falls Below IPO Price, Down 41% From Peak in Volatile Trading
SpaceX's share price dropped to $132.62 on Wednesday, below its initial public offering price of $135, and has fallen 41% from its post-float peak, BBC News reported. The decline reverses an initial frenzy that valued the company above Amazon and Microsoft and made Elon Musk the world's first trillionaire. If the price holds or falls further, investors who purchased at the IPO stand to lose money.
Logistics Yasa Holding Tipped for Debut VLCC Newbuilding Order as Supertanker Contracting Surges
Turkish owner Yasa Holding is reportedly ordering four 319,000 dwt VLCC newbuildings at Jiangsu New Hantong Ship Heavy Industry, valued at $125m each and scheduled for delivery in 2029. The order, if confirmed, would be Yasa's first VLCC newbuilding, complementing its existing secondhand VLCC fleet. This comes during the busiest period for supertanker contracting in years, with Q4 2025 and Q1 2026 ordering already topping the highest full-year VLCC order tally on record.
Finance Spacex Shares Slide Over 6% as Post-IPO Euphoria Fades; Valuation Drops $150 Billion
SpaceX shares fell more than 6% on Thursday, trading at $178.50, as the post-IPO rally lost momentum. The stock remained over 30% above its $135 IPO price but has now declined nearly 11% from its peak. The slide reduced SpaceX‘s valuation by over $150 billion, and the broader space sector also weakened. Analysts attributed the decline to profit-taking and the stock’s small public float.
Business SpaceX IPO Soars to $2.1 Trillion, Becoming Seventh Most Valuable Company
SpaceX made a blockbuster stock market debut, with its valuation surging above $2 trillion and securing the seventh spot among the world's most valuable listed companies. The IPO raised $75 billion, the largest ever, and the stock closed nearly 19% above its offer price.
Business SpaceX Sets Record with Highest-Value IPO in History
SpaceX will become a publicly traded company on Friday in what the BBC reports is expected to be the highest-value stock listing in history. The IPO also positions CEO Elon Musk to become the world's first trillionaire, according to the BBC's Samira Hussain.