SpaceX’s IPO craze fizzles as rocket-and-AI firm’s shares lose momentum
Due to its relatively small public float and high valuation, analysts and portfolio managers have been cautioning investors to anticipate volatility ahead...
Tag : IPO
Business leader of the Week: How Elon Musk became world’s first trillionaire
In the six years since he first crossed USD 100 billion, Musk's net worth grew roughly tenfold, at a pace that no billionaire in history has matched...
IF Insights: Is Wall Street engineering stock market’s biggest risk transfer?
SpaceX, Anthropic, and OpenAI are preparing to list on the stock market at a combined target value of roughly USD 3.6 trillion, matching France's entire yearly GDP output...
Ahead of IPO, Dangote refinery hits another production milestone
The refinery, owned by Nigerian billionaire Aliko Dangote, ramped up crude processing to 700,000 bpd during a performance test by process licensors...
JPMorgan, Goldman Sachs, Mizuho to guide SoftBank’s IPO efforts
SoftBank-backed SB Energy, through its IPO, is reportedly seeking a valuation of over USD 50 billion in its market debut...
SpaceX IPO: What you need to know
If the SpaceX sticks to its target of going public this year at a valuation of over $1 trillion, it will break existing listing records...
Mohammed Bayahya: Transformative leader consolidating NCC’s finance
Mohammed Bayahya, through his visionary leadership, has transformed finance into a forward-looking partner to the business, supporting both operational excellence and strategic ambitions...
Emirates boss hints at increasing aircraft order book amid Boeing delays
Tim Clark, who has criticized Boeing's delays and a strike earlier 2024, stated that the airline's growth strategy depends on the 64 A350s that are still in order...
Setback for Google as Wiz prefers IPO over USD 23 billion acquisition deal
Google Cloud CEO Thomas Kurian faces pressure to keep growing the company in order to win business during the AI boom, despite steady growth in recent years...
Business Leader of the Week: Nik Storonsky-led Revolut eyes breakthrough 2024
Nik Storonsky started his financial career as a trader at Lehman Brothers following his graduation...