SpaceX weighs a June IPO, timed to planetary alignment and Elon Musk's birthday, while it seeks to raise as much as USD 50bln at a valuation of around USD 1.5tln, according to FT citing sources
SpaceX's potential IPO is a significant move, especially with plans to time it with both a planetary alignment and Elon Musk's birthday, which could generate media buzz and investor interest.
ExxonMobil (XOM) executive says LNG demand will remain strong for the next 10 years and LNG demand forecast to double between now and 2050
Egyptian Foreign Minister stressed in two phone calls with his Iranian counterpart and US envoy Witkoff, the need to de-escalate and achieve calm
SpaceX weighs a June IPO, timed to planetary alignment and Elon Musk's birthday, while it seeks to raise as much as USD 50bln at a valuation of around USD 1.5tln, according to FT citing sources
ECB's Kocher says the central bank would need to act if the euro keeps gaining, according to FT
Kia Corp (000270 KS) Q4 (KRW) net 1.47tln (exp. 1.59tln), oper. 1.84tln (exp. 1.91tln), rev. 28.1tln (exp. 28.2tln)
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If they successfully raise the targeted USD 50 billion at a valuation of USD 1.5 trillion, it could set a precedent in the IPO market, influencing tech and innovative sector valuations broadly. Traders should monitor how this development impacts related sectors, particularly equities and commodities tied to SpaceX's ventures.
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