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The Latest Breaking News from SpaceX

SpaceX’s IPO success may rub off on Ambani

Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration…

The Economic Times

SpaceX on cusp of record IPO that could make Musk a trillionaire

NEW YORK - SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.

Bangkok Post

The space economy's next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

Fortune

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A knee-jerk reaction or something more? Nvidia's market cap dropped by almost $330 billion in 24 hours as the AI giant reeled from Broadcom's poor guidance

Nvidia saw its market cap tank by $330 billion after Broadcom delivered guidance that many AI investors considered disappointing amid lofty expectations.

TechRadar

Quote of the day by SpaceX CEO Elon Musk: "If you go back say, 300 years, the things we take for granted today, you'd be burned at stake for" — echoes of science fiction

Elon Musk reflects on advances we've made in the 21st century and how, in times gone past, they would be considered "indistinguishable from magic"

TechRadar

Lawsuit challenges Trump administration's land swap with SpaceX in Texas

Environmental groups are seeking to stop a land swap deal between the federal government and SpaceX

The Independent UK

Wall Street counts down to SpaceX IPO

Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level…

France 24

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NASA chief defends all-male Artemis 3 astronaut crew amid backlash: 'I don't think anyone should be reading into this'

The four astronauts named to the Artemis 3 crew are all male, but NASA officials emphasized they were selected based on their qualifications and experience.

Space

SpaceX IPO Demand Is Huge. That May Be The Warning.

A great company does not always make a great entry point, and SpaceX may be the ultimate test of whether investors are buying edge or just access.

Barchart

Gulf countries act as propellants for SpaceX IPO as billions flow in

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be identified discussing confidential information. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the people said.

The Economic Times

The Biggest Opportunity From SpaceX’s IPO May Surprise You

Massive institutional demand for the upcoming SpaceX stock launch is creating a powerful downstream capital rotation into publicly traded space companies.

MarketBeat

Musk's xAI accused of illegally firing engineer who raised safety concerns

Devin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety risks associated with the AI chatbot Grok. Kim contends that his proactive warnings put him in the crosshairs of the company, leading to his dismissal.

The Economic Times

Elon Musk’s $1.8 trillion SpaceX listing is no longer about space

SpaceX is still famous for rockets, but its filings show Elon Musk’s company is now spending more on AI infrastructure than launch and Starlink combined.

Newsroom.co.nz

SpaceX's historic IPO by the numbers

NEW YORK - The stock market debut of SpaceX -- Elon Musk's rocket, satellite and company -- expected Friday, could be the biggest in history. Here are the key numbers.

Bangkok Post

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Space

NASA's ambitious Artemis 3 mission includes 3 giant rocket launches, 2 private moon landers and 1 big question: Can it all work together?

NASA's Artemis 3 mission in 2027 looks to be one of agency's most complicated missions ever, with three giant rocket launches and two private moon lander prototypes that haven't been built yet.

The Economic Times

Norm-breaking SpaceX IPO a source of elation, angst on Wall Street

SpaceX is poised for a historic IPO, aiming to raise $75 billion with a $1.8 trillion valuation. Despite immense investor excitement and Musk's visionary appeal, skeptics question the rocket maker's profitability, citing significant AI investments and substantial losses despite revenue growth. The IPO's performance could significantly impact future tech listings.

Barchart

Only 1 Stock Is the Indispensable Backbone of the $1.8 Trillion Space Economy — and It’s Not SpaceX

As SpaceX's IPO fuels excitement around a potential $1.8 trillion valuation, investors may be overlooking its smaller rival that has become deeply embedded across nearly every corner of the growing space economy.

The Mary Sue

NASA Just Named the Artemis III Crew, but They Are Ditching the Moon Landing for a Risky High-Stakes Rehearsal in Orbit

If all goes well, Artemis IV will finally put boots back on the lunar surface.

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news in one place.

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MarketBeat

AST SpaceMobile’s SpaceX Catalyst Could Come With a Volatility Warning

ASTS dropped over 12% on June 5 and has fallen more than 30% from its May 28 all-time high, with analyst downgrades and record insider selling of $272 million raising near-term concerns.

Barchart

After UK Deal, Nebius Stock Is Still Too Expensive to Buy

Nebius' competition is likely to increase significantly going forward.

International Business Times UK

Don't Buy SpaceX on Day One, 'Einstein of Wall Street' Says — Here's the Catch

NYSE expert Peter Tuchman advises caution as SpaceX's unprecedented $135 IPO could surge to $1,000. Explore the largest IPO in stock market history and its implications for investors.

The Economic Times

Why is the SpaceX IPO generating unprecedented investor demand? Elon Musk’s $75 billion offering attracts more than $250 billion in investor orders

SpaceX IPO demand is rewriting Wall Street history. Elon Musk's SpaceX seeks $75 billion while investor orders reportedly exceed $250 billion. The $1.75 trillion valuation signals massive confidence in Starlink, AI infrastructure, satellite internet, and space technology. Markets are volatile, yet capital keeps rushing toward SpaceX. Sometimes money follows growth.…

International Business Times UK

Elon Musk's xAI and SpaceX Hit With Massive Lawsuit As 10,000 Residents Complain Of Losing 'Fundamental Peace'

Mississippi residents have filed a lawsuit against Elon Musk's xAI and SpaceX, claiming noise from a power plant has harmed their well-being and property values.

Barchart

As SpaceX Prepares Its IPO, Redwire Stock Is in the Spotlight. Why I would Pass on RDW Here.

Shares are up in the last month, but there are potential red flags.

Kiplinger

Invested in Index Funds? Here's What You Need to Know About Mega-Cap IPOs

SpaceX and other mega-cap IPOs, such as Anthropic and OpenAI, could impact the makeup of your index funds — but not all portfolios will see an immediate impact.

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