Topic
public offering
Finance SpaceX IPO Draws $10B in Institutional Orders, Set to Be Largest Ever
SpaceX's initial public offering has drawn more than $10 billion in institutional orders, making it heavily oversubscribed. The company will offer 555.6 million shares at $135 each, expecting to raise $75 billion and achieve a $1.8 trillion valuation. Trading begins June 12 on Nasdaq and Nasdaq Texas under ticker SPCX.
Finance Milky Mist Updating Books with FY26 Numbers, to File Updated DRHP for ₹2,035 Crore IPO
Milky Mist Dairy Food Ltd is updating its books with FY26 numbers and will soon file an updated draft red herring prospectus (UDRHP) for its ₹2,035 crore IPO. The company raised ₹357 crore in a pre-IPO round from Temasek and plans to use proceeds for a new facility in Baramati and expansion in protein products.
Finance SpaceX IPO: How Indians Can Invest and What It Means for Global Capital Markets
SpaceX is set for a landmark IPO on Nasdaq with a $1.75 trillion valuation. Retail investors, including Indians, can participate via secondary markets under LRS. The offering sees massive demand with twice the orders as shares available.
Business MANGOS: The New IPO Acronym Taking Over Markets — TechCrunch Podcast
According to TechCrunch's Equity podcast, the IPO market has revived with a new acronym: MANGOS — Meta (or Microsoft), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of these companies are going public in the same window, creating a stress test for investors. The episode also covers Apple's WWDC and a $250M settlement, Waymo leveraging Apple's abandoned self-driving project, a $920M/month Google-SpaceX compute deal, and Sam Bankman-Fried's pardon request.
Business Spacex IPO: Record $75B Haul Tests Musk's 'Extreme' Ownership Model
SpaceX raised $75 billion in its IPO, valuing it at $1.75 trillion, the largest public offering in history. Despite a generous 30% retail allocation, individual investors are unlikely to see significant gains due to oversubscription and IPO mechanics. Meanwhile, CEO Elon Musk retains 85.1% voting power, raising governance concerns even as the company's 'extreme ownership' culture drives its success.
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.