
The Guardian - 14 hours 22 min ago
IPO for Elon Musk's company comes in what is predicted to be a banner year for public offerings of AI companies SpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker's historic stock market debut. If all goes to plan, the company's initial public offering (IPO) will mint a valuation of $1.77tn earning it the designation of the world's largest ever IPO...

BBC - 14 hours 43 min ago
The BBC's Samira Hussain explains everything you need to know about SpaceX's historic IPO.

Newser - 15 hours 36 min ago
SpaceX's long-awaited jump to the stock market isn't just poised to mint the world's first trillionaire it could also turn thousands of rank-and-file workers into millionaires, reports the New York Times . With the rocket company expected to debut at around a $1.77 trillion valuation and $135 a share, more...

The Guardian - 15 hours 57 min ago
Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market Business live latest updates The gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in yet another blow for the UK's shrinking stock market. Flutter Entertainment , the world's largest online betting company, told investors that it will cancel its London shares on 3 August, blaming low levels of trading in the stock and high costs...

Fortune - 16 hours 19 min ago
The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba's IPO, in second place.