A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 11th test flight at the company’s launch pad in Starbase, Texas, last year. Steve Nesius/Reuters SpaceX took the wraps off its IPO filing on Wednesday, laying bare for investors just how much Elon Musk is losing on AI while betting the company’s…
Published On 20 May 202620 May 2026 SpaceX has taken off the wraps off its IPO filing, opening the books of the company that has already revolutionised rocket technology, with even larger ambitions to colonise Mars and build AI data centres in space. A successful sale could value the company at a record-setting $1.75 trillion, which…
SpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to lead what’s likely to be a record offering, according to people familiar with the matter. Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, and then Bank of America, Citigroup and JPMorgan Chase, said…
The ticker symbol SPCX is poised to become one of the most highly anticipated listings on the Nasdaq. As first reported by Reuters, SpaceX has aggressively accelerated its initial public offering (IPO) timeline, aiming to debut on the stock exchange by June 12. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: AI trends shifting! According…
Tesla and SpaceX CEO Elon Musk attends a state banquet for President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images SpaceX, which confidentially filed for an IPO in April, is planning to disclose its prospectus as…
Salvador Anglada Optasia, the fintech that listed on the JSE in November, has delivered a set of maiden annual results that comfortably exceed the guidance it gave investors at the time of its R23.5-billion listing. Revenue jumped 76% to US$265.4-million for the year ended 31 December 2025, while normalised net income rose 57% to $57.8-million….
SpaceX’s Starbase facility in Texas. Gabriel V Cardenas/Reuters Elon Musk’s SpaceX is looking to raise more than US$25-billion through an initial public offering in 2026, a move that could boost the company’s valuation to over US$1-trillion, a person familiar with the matter said on Tuesday. The company’s move towards a public listing, which could rank…
Cell C has significantly cut the offer price for its upcoming listing on the Johannesburg Stock Exchange (JSE), reducing its expected market capitalization by hundreds of millions of Rands. Read: Discovery Bank partners with Luno in SA for crypto trading In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder,…
Dubai-based fintech group Optasia officially listed on the Johannesburg Stock Exchange (JSE) on Tuesday, November 4, after a R6.5 billion ($345 million) initial public offering priced at R19 per share, the top of its range. The offering was several times oversubscribed, resulting in Optasia having a market capitalization of R23.5 billion ($1.4 billion). The stock…
OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is laying the groundwork for an initial public offering that could value the company at up to US$1-trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time. OpenAI is considering filing with securities regulators as soon as the…
