SpaceX set for the Moon, Mars and Nasdaq

SpaceX set for the Moon, Mars and Nasdaq

SpaceX’s blockbuster listing will be the biggest the world has ever seen. (Graphic by Nicola Mawson with official images) Set to be the biggest listing in the US – and the world – when it makes its debut on the Nasdaq on 12 June, SpaceX is targeting a valuation of close on $2 trillion, in…

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Everyone wants a piece of SpaceX

Everyone wants a piece of SpaceX

SpaceX has drawn investor demand of about US$150-billion for its IPO, about double the $75-billion it is seeking to raise, according to two people familiar with the matter. An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the…

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World Cup, AI stocks, SpaceX IPO

World Cup, AI stocks, SpaceX IPO

Argentina’s forward #10 Lionel Messi kicks the ball during the Qatar 2022 World Cup final football match between Argentina and France at Lusail Stadium in Lusail, north of Doha on December 18, 2022.  Kirill Kudryavtsev | Afp | Getty Images There is a special type of fever around a men’s soccer World Cup. And the…

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SpaceX wants to fly a rocket every 53 minutes

SpaceX wants to fly a rocket every 53 minutes

Starlink satellites being blasted into space aboard a SpaceX Falcon 9 rocket in a file photograph SpaceX is no longer merely dominant in space. It has built something closer to a private monopoly on low-Earth orbit – and its listing prospectus, filed in the US on Wednesday, lays out plans to entrench that position by…

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SpaceX bets the rocket farm on AI

SpaceX bets the rocket farm on AI

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 Elon Musk is touting SpaceX as humanity’s ticket to Mars. But the company’s pitch to investors for a potentially historic IPO reveals that its main business will…

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