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Tag: IPO

The SpaceX IPO made history. Is the excitement still there?
  • World News

The SpaceX IPO made history. Is the excitement still there?

eriinfo.com2 hours ago02 mins

SpaceX investors have swung from celebration to apparent concern in its first month as a publicly traded company. When shares in the firm, co-founded and led by Elon Musk, first became available for individuals to buy on the public stock market on 12 June, there was an investor frenzy. Although the company had decided to…

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West Africa: Bridge Bank Launches 8m IPO On West Africa BRVM Exchange
  • Africa

West Africa: Bridge Bank Launches $118m IPO On West Africa BRVM Exchange

eriinfo.com3 days ago04 mins

Bridge Bank Group Côte d’Ivoire launched an initial public offering on the BRVM, offering 10 million shares at 6,750 CFA francs each in one of the regional exchange’s largest listings in recent years. The sale represents 20% of the bank’s capital and is expected to raise 67.5 billion CFA francs, or about $118 million. The…

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Baidu shares jump 7% as AI chip arm Kunlunxin said to target  billion Hong Kong IPO
  • World News

Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

eriinfo.com2 weeks ago03 mins

A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin…

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SpaceX kicks off bond sale days after record IPO, discloses cash pile
  • World News

SpaceX kicks off bond sale days after record IPO, discloses cash pile

eriinfo.com3 weeks ago02 mins

SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash. Shares of SpaceX fell 11% and headed for a third consecutive losing session. The space and artificial intelligence company plans to use the proceeds to pay off bridge financing and other general purpose needs. The filing didn’t disclose how…

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SpaceX stock drops again after rally following blockbuster IPO
  • World News

SpaceX stock drops again after rally following blockbuster IPO

eriinfo.com3 weeks ago03 mins

SpaceX is down more than 3% in premarket trading on Monday, continuing a selloff that has seen the stock fall in the past two full days of trading after a rally after its record-breaking IPO. Shares in the company were down 3.65% at 5:15 a.m. ET. Elon Musk’s space and artificial intelligence firm became one…

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Roelof Botha joins SpaceX board following historic  billion IPO
  • Tech

Roelof Botha joins SpaceX board following historic $75 billion IPO

eriinfo.com3 weeks ago03 mins

Less than a week after its blockbuster $75 billion initial public offering, SpaceX has appointed veteran Sequoia Capital investor Roelof Botha to its board as an independent director. According to a regulatory filing, Botha will also join the aerospace giant’s audit committee effective immediately. Read: Siri AI: A deep dive into Apple’s new intelligent assistant…

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South Africans took a sizeable bite of SpaceX after historic IPO
  • Tech

South Africans took a sizeable bite of SpaceX after historic IPO

eriinfo.com4 weeks ago07 mins

South African investors poured R179-million in just two days into SpaceX when it hit the public markets last week, with EasyEquities data revealing a frenzy of activity that has already made the stock the platform’s second-largest US dollar holding after Tesla. Retail investors moved fast when SpaceX began trading. On the first day, Friday, 12…

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Musk’s .8 trillion SpaceX IPO could be ‘highly undesirable’ for some | Financial Markets News
  • World News

Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some | Financial Markets News

eriinfo.com1 month ago017 mins

SpaceX is expected to debut on the United States’ public markets on Friday in what will be the largest initial public offering (IPOs). Artificial intelligence (AI) giants OpenAI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock…

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SpaceX sets its IPO price at 5 per share a day before trading
  • World News

SpaceX sets its IPO price at $135 per share a day before trading

eriinfo.com1 month ago010 mins

SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The company, which also owns the X social media network, will begin trading…

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OpenAI confidentially files for IPO, prepping Wall Street for AI debut
  • World News

OpenAI confidentially files for IPO, prepping Wall Street for AI debut

eriinfo.com1 month ago08 mins

OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days…

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