SpaceX lands Google AI compute deal
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SpaceX, IPO
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S&P’s SpaceX snub shows Elon Musk power of index gatekeepers
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SpaceX's entry will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs. Reuters U.S. M&A Editor-in-Charge Echo Wang examines the IPO and whether sky-high multiples are justified or reflect the so-called Musk premium.
SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.
Many current and former staffers have stakes valued at millions of dollars and will be able to tap them more easily after the rocket maker goes public.
June 5 (Reuters) - Morgan Stanley is projecting that SpaceX's revenue could reach $3.4 trillion in 2040, the Wall Street Journal reported on Friday, citing people familiar with the matter. The Wall Street giant is anticipating that revenue from SpaceX's AI business will dramatically grow in the coming years,
If SpaceX’s IPO goes off as planned, it’ll be a pivotal moment for many of the company’s thousands of employees, who’ll finally be able to sell shares into the public market.
Rocket Lab gives investors another way to play the space race.
Four Rocket Lab insiders sold roughly $18 million worth of stock after the company’s shares surged amid excitement surrounding SpaceX’s planned IPO.
SpaceX shared a 17-minute investor pitch from CFO Bret Johnsen for its upcoming IPO. He covers the rocket business, Starlink, AI, and more.