SpaceX, Elon Musk and IPO
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Companies including EchoStar and Rocket Lab saw their shares rise on a report that Elon Musk's aerospace company could be gearing up to go public.
An initial public offering would fuel speculation that Elon Musk might combine his tech empire under one roof.
The year 2025 started off red hot for startups going public, then things got complicated. Market froth, tariffs and the longest government shutdown on record combined to throw cold water on the IPO market. But that’s not quelling optimism about 2026.
Canada’s largest stock exchanges are atrophying, with the number of publicly traded companies shrinking for a fourth straight year even as the country’s stock benchmark soared past the S&P 500.
EchoStar stock tracks SpaceX’s valuation because, in September, EchoStar announced a deal to sell its AWS-4 and H-block spectrum licenses to SpaceX. Spectrum—the frequencies over which wireless calls travel—is a finite resource that every mobile company needs.
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Stock market today: Nifty 50 trade setup, US Fed outcome, IPO market action — Eight stocks to buy
In a volatile session, the BSE Sensex dropped by 275 points, or 0.32%, to settle at 84,391, a level not seen since November 11, as per a PTI report. The 50-share NSE Nifty fell by 82 points, or 0.32%,
ICICI Prudential AMCs IPO, valuing the company at Rs 1.07 lakh crore, puts it nearly level with HDFC AMC, reflecting its rise as a co-leader in Indias fast-growing asset management industry. With the largest equity AUM,
At Fortune Brainstorm AI in San Francisco, CoreWeave CEO Michael Intrator defended the company’s debt-heavy strategy and argued Wall Street is still catching up to its new cloud model.