The Latest Breaking News from IPO

Elon Musk’s unprecendented accumulation of wealth

IPO mints Musk as world’s first trillionaire – now SpaceX is public, it will be harder than ever not to have a stake in its future

The Guardian - US · Jun 16

SpaceX buys AI coding startup Cursor for $60bn as AI race with OpenAI and Anthropic intensifies

SpaceX has agreed to acquire Anysphere, the company behind the popular AI coding tool Cursor, in an all-stock deal valuing the startup at $60 billion (€51.7bn), just days after Elon Musk's firm had a record-breaking IPO.

Euronews · Jun 16

Trillionaire Claims Elon Musk's Quadrillionaire Status Is 'Not Impossible'

Elon Musk suggests becoming a quadrillionaire is possible with SpaceX's Moon and Mars factories, amid SpaceX's record IPO and discussions on future economies measured in mass and energy.

International Business Times UK · Jun 16

IPO: 23 firms launch public issues worth Rs 27,000 cr in 2026; 236 proposals remain in pipeline

India's IPO market saw a slowdown in 2026 following a robust 2025. However, activity is picking up with several companies set to launch public issues this month. The pipeline for mainboard IPOs remains strong. Domestic investor participation continues to be resilient, offering a counterbalance to volatile foreign investor sentiment. This…

The Economic Times · Jun 16

SpaceX Rally Adds More to Elon Musk's Wealth in a Day Than Buffett or Gates Built in a Lifetime

SpaceX's IPO, priced at $135 per share, raised $75 billion, valuing the company at $2.1 trillion. Shares surged, boosting Musk's net worth to $1.3 trillion, surpassing Buffett and Gates.

International Business Times UK · Jun 16

NSE listing moves closer, likely to file IPO DRHP by Friday: Source

The long-awaited NSE IPO could move a step closer this week, with the exchange expected to file its draft papers with Sebi by Friday. Valued at nearly Rs 5 lakh crore in the unlisted market, the proposed Rs 20,000-crore offer-for-sale could become one of India’s biggest listings.

The Economic Times · Jun 16

IFCI shares rally 30% in 3 days, hit fresh record high amid buzz around NSE filing IPO papers by Thursday

Vedanta’s Rs 2 lakh crore demerger has sparked renewed interest in its aluminium and power businesses, prompting investors to reassess value creation opportunities. Market focus is shifting towards which segment offers stronger long-term growth, profitability, and sectoral tailwinds as the restructuring reshapes the company’s standalone business prospects and investor positioning.

The Economic Times · Jun 16

Turtlemint Fintech sets IPO price band at Rs 144-152 for Rs 883 crore offer. Know GMP, other key details

Insurtech firm Turtlemint Fintech Solutions is launching its Rs 883 crore IPO on June 19, with a price band of Rs 144-152 per share. The issue includes a fresh issue and an offer-for-sale, with proceeds aimed at infrastructure, technology development, and marketing. The company, founded in 2015, simplifies insurance policy…

The Economic Times · Jun 16

Peak XV-backed HomeLane plans India IPO within two years to fuel expansion

HomeLane, an Indian home interiors platform, is planning an IPO within 12 to 24 months to fund expansion into new cities and adjacent furnishing categories. The company aims for profitability, projecting significant revenue growth by fiscal 2031, and is investing in AI to enhance design efficiency and reduce costs.

The Economic Times · Jun 16

Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison

Keith Snyder at CFRA can’t justify SpaceX’s $2 trillion post-IPO market cap without assuming growth that current Grok adoption data doesn’t support.

Fortune · Jun 15