South Korean memory chip giant SK Hynix filed plans Monday to sell nearly 17.8 million shares in a U.S. initial public offering, opening a direct route for American investors to bet on the same AI-driven demand that has lifted rival Micron to a trillion-dollar valuation. SK Hynix plans to sell nearly 17.8 million American depositary […]
Former Tether chief investment officer Richard Heathcote is seeking to sell a portion of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing sources familiar with the matter. The planned transaction could provide a rare public window into ownership of Tether, one of the most profitable and privately held companies in […]
Former Sequoia Capital managing partner Roelof Botha has joined SpaceX’s board of directors, the company disclosed in a Securities and Exchange Commission filing on Wednesday. The appointment fills an existing vacancy and comes less than a week after SpaceX completed the largest initial public offering in history. Former Sequoia Capital managing partner Roelof Botha has […]
SpaceX began trading on the Nasdaq on June 12, 2026, in the largest initial public offering in history. The company priced 555.6 million shares at $135 each, raising $75 billion and making CEO Elon Musk the world’s first trillionaire on paper. By 2:30 pm ET on its first full day of trading, shares had climbed […]
SpaceX is set to go public on Friday with a $75 billion stock offering that is reportedly deeply oversubscribed, with some institutional investors committing as much as $10 billion for a piece of Elon Musk’s empire. But beneath the excitement lies a sobering reality: the company’s bankers have valued it at nearly $1.8 trillion, a […]
SpaceX began trading on the Nasdaq on June 12, 2026, in the largest initial public offering in history. The company priced 555.6 million shares at $135 each, raising $75 billion. By 1:38 pm ET on opening day, shares had climbed to $170.82, a 26% gain from the IPO price, giving the company a market capitalization […]
SpaceX has priced its initial public offering at $135 per share, raising $75 billion and making it the largest IPO in history, the company confirmed Thursday. The offering of 555.6 million shares eclipses the $24.9 billion raised by Saudi Aramco during its 2019 public markets debut. The company, officially Space Exploration Technologies Corp., will begin […]
SpaceX is set to make its public debut on Friday, but a significant number of investors who backed the company through special purpose vehicles (SPVs) still do not know how many shares they are entitled to — or whether they will receive any shares at all, according to nearly a dozen SPV managers and secondary […]
Cerebras Systems, the AI chip maker that designed a giant processor from scratch to compete with Nvidia, raised $5.5 billion in its initial public offering on Thursday. The company priced shares at $185 Wednesday evening, well above its initial range of $115 to $125 and even above the revised range of $150 to $160. The […]
Robinhood Markets has filed confidentially for a second venture capital fund, RVII, just two months after listing its first publicly traded venture fund on the New York Stock Exchange. The move signals the company’s deepening push to open private market investing to everyday retail investors, a space historically reserved for wealthy accredited investors and institutional […]
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