Fortune Gulf Brief: Gulf investments to see liftoff from SpaceX IPO The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets. Fortune · Jun 9
SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giant SpaceX’s planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark. Such funds could gain indirect exposure to the aerospace giant, although fresh investments in several schemes remain restricted due to overseas investment limits. The Economic Times · Jun 9
'We expect it to leak': OpenAI is frontrunning the narrative around its $1 trillion IPO Everything you need to know before you reach the office this morning. Fortune · Jun 9
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOs Investors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows tech IPOs often slump in their first year. However, these companies are exceptionally large and vital to the market. Experts suggest waiting to buy might be prudent, as… The Economic Times · Jun 9
SpaceX IPO: How European retail investors can buy shares and the risks to be aware of SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail investors in Europe can participate and the risks they should consider. Euronews · Jun 9
Banks, Bharti, IT: Sandip Sabharwal's top picks & why he is worried about Zepto IPO Market expert Sandip Sabharwal sees private banks like Axis and ICICI as top buys. He believes IT stocks are oversold with potential for 12-15% upside. Bharti Airtel is his sole pick in telecom. Sabharwal cautions against richly valued domestic companies, citing Zepto's IPO valuation as an example. Investors should focus… The Economic Times · Jun 9
Tech Brief (June 9): China’s Robotics Industry Index Rises 6.4% UBS sees Hong Kong IPO fundraising reaching $50 billion in 2026 on tech surge, Tencent Cloud expands AI agent push Caixin Global · Jun 9
Customers will feast as Zepto to pour fuel into quick commerce fire Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. The company, which is targeting a July listing, plans to use the fresh capital to expand dark stores, invest in technology, and acquire more customers. The Economic Times · Jun 9
US tech race to go public in full swing as OpenAI plots stock market float OpenAI’s filing for an IPO in the US comes hot on the heels of rival AI giant Anthropic. Evening Standard · Jun 9
Historic $1 Trillion IPO Bid Could Turn Into OpenAI Wall Street's Next AI Giant OpenAI has filed for a US stock market debut, aiming for a trillion-dollar valuation. This move aligns with Anthropic's similar plans, highlighting intense investor interest in AI. International Business Times UK · Jun 9
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share sale Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale component, signalling confidence in the business. Early investors will lead stake sales as the quick commerce company targets expansion, technology investments and a public market debut amid intensifying competition. The Economic Times · Jun 9
Aussie demand for SpaceX float overwhelms call centres The lead Australian broker on the $2.5 trillion public launch of Elon Musk's SpaceX is experiencing "extremely high" call volumes as investors try to get in. AAP · Jun 9
SpaceX IPO: Great business, wrong price? Why Aswath Damodaran is skipping Musk’s mega offering Despite the excitement surrounding SpaceX’s highly anticipated IPO, valuation expert and NYU professor Aswath Damodaran plans to stay away from the offering, citing concerns over its pricing. While he values the company at around $1.3 trillion after reviewing its prospectus, the IPO is expected to value SpaceX at roughly $1.8… The Economic Times · Jun 9
OpenAI Files for IPO Just Days After Anthropic — The AI Arms Race Is Now a Wall Street Arms Race OpenAI filed a confidential S-1 with the SEC on 8 June, a week after Anthropic, as both AI giants race to go public first and set the terms for how investors value the sector. International Business Times UK · Jun 9
The Economic Times · Jun 9 Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX success Binance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate on the expected valuations of private companies like SpaceX and OpenAI before their public listings, bridging the gap between institutional and retail investors.
The Economic Times · Jun 9 Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFS Quick commerce firm Zepto's promoters will not dilute equity in its upcoming IPO, which aims to raise Rs 8,010 crore via fresh issue and an offer for sale (OFS) of up to Rs 11,000 crore. Early investors are set to offload over 11.35 crore shares, with Nexus Ventures being the…
Euronews · Jun 9 ChatGPT maker OpenAI files for IPO, joining Anthropic and SpaceX in race to go public OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.
The Economic Times · Jun 9 AI coding startup Cursor, courted by SpaceX, picks London as European hub Elon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for…
The Economic Times · Jun 9 With robust GMP, how a little-known aluminium recycling IPO is set for one of strongest listings this year CMR Green Technologies' IPO is poised for a strong debut, boasting a 36% grey market premium. The aluminium recycling giant saw overwhelming investor demand, with subscriptions exceeding 127 times. Analysts highlight its market leadership, expansion potential, and alignment with green initiatives, suggesting significant listing gains.
The Economic Times · Jun 9 Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details The Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immovable properties, shareholding pattern, loans and guarantees, income tax returns, bank accounts, and a note on Zepto’s business model, according to the updated prospectus.
The Economic Times · Jun 9 ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP reveals Quick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (ED) in April 2026 concerning FEMA. The founders provided requested documents related to foreign investments and business operations. Zepto is proceeding with its $1 billion IPO, aiming for a July listing.
MarketBeat · Jun 9 Hemab Therapeutics Details Post-IPO Pipeline Push, Sutacimig Phase III Plans Hemab Therapeutics (NASDAQ:COAG) Chief Executive Officer Benny Sorensen outlined the company’s development plans following its recent initial public offering during a fireside chat with Jefferies biotech analyst Maury Raycroft. Sorensen said Hemab is pursuing a strategy to build “a multiple product
The Economic Times · Jun 9 MSCI confirms early index inclusion rules ahead of SpaceX IPO MSCI will apply early inclusion rules for large IPOs, potentially adding SpaceX to its Global Standard Indexes. This move is expected to drive significant demand from passively managed funds tracking MSCI benchmarks. SpaceX's upcoming IPO, targeting a $1.75 trillion valuation, positions it for inclusion despite a recent net loss.
France 24 · Jun 9 OpenAI confidentially files for US IPO as AI boom drives investor frenzy ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing.
The Economic Times · Jun 9 OpenAI joins rival Anthropic in race to Wall Street OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private company," it said in a statement. Reuters had reported that…