StreetInsider.com News Articles

SpaceX sets IPO price at $135 ahead of roadshow in break with Wall Street norms

Wed, 03 Jun 2026 16:56:27 -0400

SpaceX on Wednesday set the price of its initial public offering at $135 per share a week before its planned market debut, a move that bypasses the traditional Wall Street book-building process.

The company confirmed in an amended filing on Wednesday said that it plans to sell shares at $135 each, in a move that underscores Elon Musk’s willingness to chart his own course in the capital markets. The offering is expected to raise about $75 billion, which would make it the largest IPO on record and value SpaceX at roughly $1.75 trillion, placing it among the 10 most

SpaceX sets IPO price at $135 ahead of roadshow in break with Wall Street norms

Wed, 03 Jun 2026 16:56:27 -0400

SpaceX on Wednesday set the price of its initial public offering at $135 per share a week before its planned market debut, a move that bypasses the traditional Wall Street book-building process.

SpaceX files for 555.56M share IPO at $135/sh

Wed, 03 Jun 2026 16:39:18 -0400

(Updated - June 3, 2026 4:39 PM EDT)

Elon Musk's space exploration company SpaceX on Wednesday disclosed plans to sell 555,555,555 share in its IPO, seeking to price shares $135 per share.

The company intends to list on Nasdaq under the ticker "SPCX."

Assuming an offering size as set forth above and an initial public offering price of $135.00 per share, Elon Musk, our founder, Chief Executive Officer, Chief Technical Officer and Chairman of our board, will hold approximately 82.4% of the voting power of our common stock (or approximately 82.3% if the underwriters exercise their option to purchase additional shares of Class

SpaceX files for 555.56M share IPO at $135/sh

Wed, 03 Jun 2026 16:39:18 -0400

(Updated - June 3, 2026 4:39 PM EDT)

Elon Musk's space exploration company SpaceX on Wednesday disclosed plans to sell 555,555,555 share in its IPO, seeking to price shares $135 per share.

The company intends to list on Nasdaq under the ticker "SPCX."

SpaceX files for 555.56M share IPO at $135/sh

Wed, 03 Jun 2026 16:39:18 -0400

(Updated - June 3, 2026 4:39 PM EDT)

Elon Musk's space exploration company SpaceX on Wednesday disclosed plans to sell 555,555,555 share in its IPO, seeking to price shares $135 per share.

The company intends to list on Nasdaq under the ticker "SPCX."

SpaceX files for 555.56M share IPO at $135/sh

Wed, 03 Jun 2026 16:39:18 -0400

(Updated - June 3, 2026 4:39 PM EDT)

Elon Musk's space exploration company SpaceX on Wednesday disclosed plans to sell 555,555,555 share in its IPO, seeking to price shares $135 per share.

The company intends to list on Nasdaq under the ticker "SPCX."

SpaceX announces IPO plans with 555.5 million shares at $135 each

Wed, 03 Jun 2026 16:36:57 -0400

Space Exploration Technologies Corp., commonly known as SpaceX, filed for an initial public offering of 555,555,555 shares of Class A common stock at an expected price of $135.00 per share, according to a company statement.

The Texas-based space exploration company has applied to list its Class A common stock on both The Nasdaq Stock Market and Nasdaq Texas under the ticker symbol "SPCX" (NASDAQ: SPCX). No public market currently exists for the company's shares.

Following the offering, SpaceX will maintain a dual-class structure with Class A and Class B common stock. Class A shares will carry one vote per share, while Class

SpaceX announces IPO plans with 555.5 million shares at $135 each

Wed, 03 Jun 2026 16:36:57 -0400

Following the offering, SpaceX will maintain a dual-class structure with Class A and Class B common stock. Class A shares will carry one vote per share, while Class

Anthropic said to pick Morgan Stanley and Goldman to lead IPO

Wed, 03 Jun 2026 13:30:42 -0400

Investing.com -- Anthropic PBC has selected banks to lead its initial public offering, according to a Bloomberg report Wednesday. The artificial intelligence company, which makes the Claude chatbot, has chosen Morgan Stanley and Goldman Sachs Group Inc. to lead the offering. JPMorgan Chase & Co. will also work on the deal, the report said.

The company is considering going public as soon as October and has filed confidentially for a listing. Additional banks may join the group, the report added.

Anthropic received a valuation of $965 billion in its most recent funding round, making it one

Anthropic said to pick Morgan Stanley and Goldman to lead IPO

Wed, 03 Jun 2026 13:30:42 -0400

The company is considering going public as soon as October and has filed confidentially for a listing. Additional banks may join the group, the report added.

Anthropic received a valuation of $965 billion in its most recent funding round, making it one

Anthropic said to pick Morgan Stanley and Goldman to lead IPO

Wed, 03 Jun 2026 13:30:42 -0400

The company is considering going public as soon as October and has filed confidentially for a listing. Additional banks may join the group, the report added.

Anthropic received a valuation of $965 billion in its most recent funding round, making it one

Texas County votes 4-1 in favor of creating SpaceX reinvestment zone - Public Hearing

Wed, 03 Jun 2026 12:48:03 -0400

Texas County votes 4-1 in favor of creating SpaceX reinvestment zone - Public Hearing

xAI pauses hiring for Grok chatbot trainers amid HR strain

Wed, 03 Jun 2026 11:17:00 -0400

Investing.com -- Elon Musk's xAI has stopped hiring professionals to train its Grok chatbot, according to a Wednesday report by Bloomberg. The pause marks a change in how the artificial intelligence company develops its technology.

Since January, xAI has worked to recruit accountants, finance experts, scientists and comedians to teach Grok specialized skills ranging from taxes to humor. The company aimed to expand the chatbot's capabilities. This approach differs from competitors who typically use large numbers of contractors from third-party firms for training and improving their AI models.

The company's decision to stop hiring for these positions, called AI tutors internally, stems

Wedbush: 'We still Expect Tesla and SpaceX to Merge in 2027 Post-IPO'

Wed, 03 Jun 2026 07:34:48 -0400