SpaceX targets $135 IPO price at valuation of $1.77 trillion
The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
Sourcing & attribution. Newseze provides AI-curated summaries, narrative framing, and editorial analysis. The underlying reporting was contributed by CNBC Top News; tap "Open original source" above to read their full reporting and support the contributing newsroom directly.
Related stories
Why it mattersBroadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.
By Michael·29m ago
Why it mattersThe decision allows one of the nation's most closely watched redistricting maps to stand, affecting both voting rights enforcement and the competitive balance in House races heading into 2024.
The ruling is a victory for Republicans, who have sought to retain their slim majority in the House of Representatives by redistricting in various states.
By Michael·20h ago
Why it mattersGeopolitical uncertainty over U.S.-Iran negotiations is rippling through global markets, signaling investor concern about how Middle East tensions could affect oil prices and regional stability.
Asia-Pacific markets open mixed on Tuesday as investors weighed renewed uncertainty over U.S.-Iran peace negotiations.
By Michael·1d ago
No comments yet. Be the first.