High high valuation!! Sell us dreams and comic book futures!!
RPT-EXPLAINER-Why SpaceX faces a longer wait to join S&P 500
RPT-EXPLAINER-Why SpaceX faces a longer wait to join S&P 500Repeats June 5 story with no changes to textBy Shashwat Chauhan and Johann M Cherian. For the S&P 500, not before June 2027, and only if it also turns profitable and lifts its float above 10%. The Nasdaq and FTSE Russell have shortened their trading-history requirements, opening a faster route into the Nasdaq 100 and Russell indexes.A Nasdaq listing would place SpaceX in the broad Nasdaq Composite .IXIC automatically. Because the Composite is tech-heavy, the addition could widen performance gaps between Nasdaq trackers and the S&P 500."Every retail investor holding an S&P 500 ETF in their 401 would become an involuntary SpaceX shareholder, regardless of whether they believe in the story, understand the business, or are comfortable with the risk of a $1.75 trillion unprofitable company," said Jay Woods, chief strategist at Freedom Capital Markets."The index wasn't designed to do that. It was designed to reward companies that
Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
UPDATE 4-Italy's Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPOMilan-based Bending Spoons targets $20 billion valuation - sourceTech company eyes IPO by June end - sourceAdds comment from source on valuation and timing in paragraph 2-3By Arasu Kannagi Basil and Elvira Pollina
Trump Calls for Immediate End to Israel-Iran Hostilities
U.S. President Donald Trump on Monday urged Israel and Iran to immediately cease military hostilities, issuing a brief but direct appeal on social media amid escalating tensions in the Middle East.In...
Chinese stocks fell collectively, with Nasdaq China Golden Dragon Index falling 2.6%, EHang Intelligent falling more than 9% and Baidu falling about 8%
Pentagon Reaches Agreements with Leading AI Companies
Pentagon reaches agreements with leading AI companiesWASHINGTON, May 1 (Reuters) - The Pentagon said on Friday it had reached agreements with seven leading AI companies: SpaceX, OpenAI, Google, NVIDIA
Make New Zealand self sufficient! Solar farms in the sky closer to the sun.. Sir Peter Beck note! your next project! This was what I had said a while back! Solar farms close to the sun! Sir Peter Beck you have done it!!
Rocket Lab solar cells generate 16 kW for NASA Artemis II Orion spacecraft
Rocket Lab highlighted performance of its space-grade solar cells used on NASA’s Artemis II Orion spacecraft, supporting deployment of four solar array wings on mission Day 1.Orion service module solar arrays used about 15,000 Rocket Lab cells, generating about 16 kW for onboard systems during mission.Rocket Lab described its multi-junction, triple-junction cell design as higher-efficiency technology that increases power output per surface area for mass-constrained missions.Company reported qualification results from radiation exposure testing plus thermal vacuum stress tests, targeting operation beyond Earth’s magnetosphere.Rocket Lab positioned flight heritage from Artemis I as validation, supporting continued role in Artemis-era lunar missions.Disclaimer: This news brief was created by Public Technologies using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should no
Trump Agrees to Two-Week Iran Ceasefire, Drops Threat to Destroy 'Whole Civilization'
Trump says he has agreed to suspend 'bombing and attack of Iran' for two weeksWASHINGTON, April 7 (Reuters) - U.S. President Donald Trump said on Tuesday he has agreed "to suspend the bombing and atta
The SpaceX IPO Will Be Just as Unconventional as Musk Himself
From the investor meetings to how shares are doled out, the billionaire is navigating his own path.Elon Musk is cooking up a memorable stock-market debut for SpaceX, and not just because it is...