Even if you don’t follow stock markets, you have probably seen headlines about the SpaceX IPO. The company founded by Elon Musk is preparing to make its stock market debut in what is expected to be the largest initial public offering (IPO) in history. SpaceX (SPCX) plans to raise around $75 billion at a valuation
Elon Musk became the world’s first trillionaire on Friday after the highly anticipated public debut of SpaceX pushed his net worth beyond the $1 trillion mark, further cementing his position as the wealthiest person in modern history. The milestone follows SpaceX’s SPCX record-breaking initial public offering, which raised $75 billion and valued the company at
Tesla (TSLA) shares fell on Friday as SpaceX made its stock market debut at $150 per share, fueling speculation among some investors that capital may be rotating from Tesla into SpaceX. Tesla stock was down by about 2.36% in late morning trading, after spending much of the morning swinging between mild gains and losses. Shares
SpaceX (SPCX) made its historic debut on Nasdaq this morning, with shares opening at an exciting $150 – a more than 10% premium on the company’s initial public offering (IPO) price. At current levels, the artificial intelligence (AI) and space infrastructure firm is valued at just under $2 trillion, which makes it the sixth-most valuable
SpaceX (SPCX)—billionaire Elon Musk’s artificial intelligence (AI) and space infrastructure firm—went live on Nasdaq today, opening at a whopping $150 per share. This represents an 11% upside on the IPO price, which makes the giant worth just under $2 trillion. But the historic listing brings an immediate, painful side effect for the broader space industry.
Advanced Micro Devices shares moved higher on Friday after Citi upgraded the stock, arguing that investors are underestimating the company’s potential in the rapidly expanding artificial intelligence graphics processing unit market. AMD stock was upgraded to Buy from Neutral by Citi analyst Atif Malik, who also raised his price target to $575 from $460. Shares
Semiconductor stocks rallied on Thursday after Bank of America identified agentic AI as the next major growth catalyst for the industry, creating a potentially massive opportunity for chipmakers ranging from Nvidia and Advanced Micro Devices to Intel and Arm Holdings. The brokerage’s bullish outlook helped lift shares across the sector. AMD rose about 6%, Intel
The regulatory framework for crypto assets in the United States is beginning to take shape. However, even as regulatory clarity improves, a key question remains: who will control the final layer of crypto commerce? In a recent CCN opinion article, Oobit CEO Amram Adar argued that the answer will be determined by infrastructure rather than
Dogecoin (DOGE) is up by less than 1% on Thursday, climbing towards $0.085 despite a generally risk-off environment across cryptocurrency markets. The recovery comes as large holders, commonly known as whales, appear to have paused recent profit-taking activity, temporarily easing selling pressure. However, retail investors remain cautious, with futures market participation continuing to decline. The
KuCoin has unveiled a global football-themed cryptocurrency campaign that will allow users to compete for rewards worth up to 1.4 million USDT across its platform ecosystem. Named the KuCoin Crypto Cup, the campaign will run from June 11 through July 20, 2026. It is designed to connect several parts of the exchange’s ecosystem, including trading,