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Finance News — Page 235

SpaceX's $75B debut crowns bitcoin's comeback

SpaceX's $75B debut crowns bitcoin's comeback

SpaceX's $75 billion IPO — the largest ever — priced at $135 a share, opened on Nasdaq as SPCX, and popped 20% to $162 for a $1.8 trillion market cap, with ProShares and Themes already queuing 2× leve

SkimNews · 3mo ago
SpaceX IPO Carries Largest Bitcoin Stake Ever Filed

SpaceX IPO Carries Largest Bitcoin Stake Ever Filed

SpaceX's record $75 billion Nasdaq debut disclosed an 18,712 bitcoin stake worth roughly $1.29 billion — the largest bitcoin position ever attached to an IPO, framed as a minor treasury reserve rather

CoinDesk · 3mo ago
From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO

From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO

SpaceX debuted on Nasdaq at a $2.1 trillion valuation after raising a record $75 billion in its IPO, closing up 19% on day one despite skeptics warning the price tag rests heavily on an unproven Stars

CNBC · 3mo ago
SpaceX IPO sticks the landing. Here's what investors are saying about its epic first trading day

SpaceX IPO sticks the landing. Here's what investors are saying about its epic first trading day

SpaceX debuted on the Nasdaq in the largest IPO ever, with shares closing nearly 20% above the $135 offering price and pushing its market cap past $2.1 trillion, even as analysts raised long-term valu

CNBC · 3mo ago
Morpho Raises $175M, Largest DeFi Round Ever

Morpho Raises $175M, Largest DeFi Round Ever

DeFi lending protocol Morpho closed a $175 million round — the largest in DeFi history per its co-founder — while new data shows crypto venture capital concentrating heavily into late-stage infrastruc

Cointelegraph · 3mo ago
Bitcoin Has Lost Its Raison d'Être

Bitcoin Has Lost Its Raison d'Être

Columnist John Rapley argues bitcoin was a creature of the easy-money era and, as central bank liquidity tightens, the cryptocurrency has already lost half its value from its late-2024 peak above US$1

Globe and Mail Business · 3mo ago
‘Happy to be invested’: Retail investors snap up SpaceX shares on first trading day after company allots 20% for segment

‘Happy to be invested’: Retail investors snap up SpaceX shares on first trading day after company allots 20% for segment

SpaceX's record-breaking IPO on June 12 drew $453 million in retail buying—running at 3.5x the pace of runner-up Nvidia—despite Musk retaining an 82% voting stake and analyst warnings that the stock's

Mint · 3mo ago
SpaceX surges past $2 trillion in Nasdaq debut: How much your  ₹5 lakh investment could be worth by 2030

SpaceX surges past $2 trillion in Nasdaq debut: How much your ₹5 lakh investment could be worth by 2030

SpaceX surged 19% in its long-awaited Nasdaq debut to a $2.1 trillion valuation, making Elon Musk the world's first trillionaire and ranking the company sixth-largest in the U.S. by market cap.

Mint · 4mo ago
Bitcoin 'Calm Top' Set Off Just 2 of 11 Sell Signals: Galaxy

Bitcoin 'Calm Top' Set Off Just 2 of 11 Sell Signals: Galaxy

Galaxy Research finds Bitcoin's October peak triggered only 2 of 11 topping indicators while most bottom signals remain absent, mapping a base-case floor of $40,000-$46,000 with extreme scenarios as l

Cointelegraph · 4mo ago
Bitcoin Eyes $70K as Orderbook Signals Trader

Bitcoin Eyes $70K as Orderbook Signals Trader

Bitcoin is consolidating within an ascending triangle with orderbook data and rising long exposure pointing toward a potential breakout into the $67,500–$70,500 fair value gap, though some analysts st

Cointelegraph · 4mo ago
SpaceX IPO Soars, Musk First Trillionaire

SpaceX IPO Soars, Musk First Trillionaire

SpaceX's Wall Street debut sent its stock soaring and made Elon Musk the first person worth $1 trillion, as broader US markets rose on easing oil prices.

Google News Business · 4mo ago
SpaceX 'proxies' plunge as real deal arrives: Here's where traders are buying the dip

SpaceX 'proxies' plunge as real deal arrives: Here's where traders are buying the dip

SpaceX-linked proxy stocks sold off sharply as the company's IPO arrived, but options traders doubled down on calls to keep exposure to the real thing.

CNBC · 4mo ago
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

Standard Chartered analyst Geoffrey Kendrick declared Bitcoin's "crypto winter" over, pegging the cycle low at roughly $59,000 and pointing to the SpaceX IPO and a potential U.S.-Iran peace deal as th

CoinDesk · 4mo ago
Musk Becomes First Trillionaire After SpaceX IPO

Musk Becomes First Trillionaire After SpaceX IPO

SpaceX's IPO on Nasdaq made Elon Musk the world's first trillionaire, but the listing's structure — dual-class voting, a self-dealing xAI deal, and a fast-tracked Nasdaq 100 inclusion — concentrates c

The Guardian Science · 4mo ago
Trader: Textron Is a 'Stealth' Bullish Defense Play

Trader: Textron Is a 'Stealth' Bullish Defense Play

A trader is pitching Textron as a 'stealth' aerospace and defense play that trades at 13.7x forward earnings despite beating Q1 estimates by 11% and sitting on a $19 billion backlog, recommending a de

CNBC · 4mo ago
SEC Delays Leveraged SpaceX ETFs to Monday

SEC Delays Leveraged SpaceX ETFs to Monday

Asset managers rolling out leveraged ETFs tracking SpaceX were told to delay launches until Monday after exchanges, citing SEC concerns, ruled the products could not debut alongside the blockbuster IP

Google News Business · 4mo ago
Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut

Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut

SpaceX launched its Nasdaq debut at $135 per share, surged 20% to $162 in early trading, and secured a valuation near $1.8 trillion, marking the largest IPO ever and giving investors exposure to its $

CoinDesk · 4mo ago
Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows

Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows

Bitcoin ETFs have shed roughly $9 billion since their recent peak across four straight weeks of billion-plus outflows, but Bloomberg Intelligence's James Seyffart argues most investors have stayed put

CoinDesk · 4mo ago
Warsh Plans 'Regime Change' in Fed Communications

Warsh Plans 'Regime Change' in Fed Communications

Kevin Warsh's first Fed meeting arrives with markets in the dark about his views on jobs, inflation, and rates — and that silence appears to be deliberate, as the new chair prepares a "regime change"

CNBC · 4mo ago
Exodus, Ondo Launch 200+ Tokenized Equities Marketplace

Exodus, Ondo Launch 200+ Tokenized Equities Marketplace

Exodus launched a tokenized stock marketplace with Ondo Finance, adding more than 200 onchain equities as the tokenized stocks sector surged to $3.5 billion in value, up over 139% in 30 days.

Cointelegraph · 4mo ago

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