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- kaz traderkaz trader
  ·06-03 18:26
  Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
  SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
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- sharmasatishsharmasatish
  ·06-03 09:07
  Can I apply through this app
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
  SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
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- MettamadhanMettamadhan
  ·05-29
  Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.
  SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports
  According to people with knowledge of the matter, $SpaceX(SPCX)$ is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and...
  SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports
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- vaiacvaiac
  ·05-28
  $SPDR S&P 500 ETF Trust(SPY)$ .
  SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules
  May 26 (Reuters) - Elon Musk's $SpaceX(SPCX)$ is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according...
  SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules
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- Andy ang88Andy ang88
  ·05-27
  Time to shoot to the moon
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- Aakash101Aakash101
  ·05-27
  Great article, would you like to share it?
  US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network
  UPDATE 1-US Space Force awards SpaceX $2.29 billion contract for military space data networkAdds details and background from paragraph 2 to endBy Mike Stone
  US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network
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- Rainy777Rainy777
  ·03-27
  The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.
  Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?
  TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating up to 30% of SpaceX's IPO shares to retail investors, a proportion triple the conventional level. Typically, companies going public allocate only 5% to 10% of IPO shares to retail investors. Musk's move is reportedly intended to leverage his ardent fan base and loyal supporters to stabilize SpaceX's stock price following its market debut.
  Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?
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- kaz traderkaz trader
  ·06-03 18:26
  Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
  SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
  15 Comment
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- sharmasatishsharmasatish
  ·06-03 09:07
  Can I apply through this app
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
  SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...
  SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
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- MettamadhanMettamadhan
  ·05-29
  Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.
  SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports
  According to people with knowledge of the matter, $SpaceX(SPCX)$ is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and...
  SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports
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- vaiacvaiac
  ·05-28
  $SPDR S&P 500 ETF Trust(SPY)$ .
  SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules
  May 26 (Reuters) - Elon Musk's $SpaceX(SPCX)$ is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according...
  SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules
  319 Comment
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- Andy ang88Andy ang88
  ·05-27
  Time to shoot to the moon
  228 Comment
  1
  Share
  Report
- Aakash101Aakash101
  ·05-27
  Great article, would you like to share it?
  US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network
  UPDATE 1-US Space Force awards SpaceX $2.29 billion contract for military space data networkAdds details and background from paragraph 2 to endBy Mike Stone
  US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network
  62 Comment
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- Rainy777Rainy777
  ·03-27
  The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.
  Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?
  TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating up to 30% of SpaceX's IPO shares to retail investors, a proportion triple the conventional level. Typically, companies going public allocate only 5% to 10% of IPO shares to retail investors. Musk's move is reportedly intended to leverage his ardent fan base and loyal supporters to stabilize SpaceX's stock price following its market debut.
  Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?
  1.25K Comment
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{"themeInfo":{"themeId":"aa116c3c987242cca9d2a1f02bc3253f","name":"SpaceX IPO","description":"Follow SpaceX IPO related latest news","image":"https://community-static.tradeup.com/news/1201dcc0482be040348fb8d4f228bb68","type":2,"style":4,"follow":false,"createTime":1774508605495,"userCounts":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":aa116c3c987242cca9d2a1f02bc3253f}&rnconfig={\"headerBarHidden\": true}","subscribe":false,"allowSubscriptionFinancial":true,"subscriberCount":33801,"allowFollow":false,"hasReward":false,"rewardScore":0,"rewardValidDate":0,"rewardEnd":false,"symbols":[],"tweetCounts":7,"categoryId":"2929bb7468f5415f853fd96fb35d7c3b","options":[],"votedOptionId":"","totalUserCount":0,"followStatus":false,"themeName":"SpaceX IPO","tweetAmount":7,"imageIsDefault":false,"aiDerivativeIssues":[]},"tab":"essen","isFinancial":true,"allList":[{"id":571227499787392,"gmtCreate":1780482384315,"gmtModify":1780482536623,"author":{"id":"4240733816868442","authorId":"4240733816868442","name":"kaz trader","avatar":"https://static.tigerbbs.com/default-avatar2.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4240733816868442","idStr":"4240733816868442"},"themes":[],"title":"","htmlText":"Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work","listText":"Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work","text":"Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/571227499787392","repostId":"2640218719","repostType":2,"repost":{"id":"2640218719","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780465925,"share":"https://ttm.financial/m/news/2640218719?lang=en_US&edition=fundamental","pubTime":"2026-06-03 13:52","market":"us","language":"en","title":"SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2640218719","media":"Reuters","summary":"SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...","content":"<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-06-03 13:52\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260602:nL6N42A17F:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2640218719","content_text":"June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX's roadshow begins on Thursday. It earlier held some \"testing the waters\" meetings with investors.The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.\"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,\" Chen said.A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debutMISSION: MARS AND SPACE DATA CENTERSMusk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.MEGA IPO WAVEThe listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.\"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,\" said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.Still, two of SpaceX's three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol \"SPCX.\" The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.","news_type":1,"symbols_score_info":{"SPCX":2,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":571052210308400,"gmtCreate":1780448870480,"gmtModify":1780450895432,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Can I apply through this app","listText":"Can I apply through this app","text":"Can I apply through this app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/571052210308400","repostId":"2640218719","repostType":2,"repost":{"id":"2640218719","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780465925,"share":"https://ttm.financial/m/news/2640218719?lang=en_US&edition=fundamental","pubTime":"2026-06-03 13:52","market":"us","language":"en","title":"SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2640218719","media":"Reuters","summary":"SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...","content":"<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-06-03 13:52\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260602:nL6N42A17F:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2640218719","content_text":"June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX's roadshow begins on Thursday. It earlier held some \"testing the waters\" meetings with investors.The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.\"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,\" Chen said.A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debutMISSION: MARS AND SPACE DATA CENTERSMusk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.MEGA IPO WAVEThe listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.\"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,\" said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.Still, two of SpaceX's three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol \"SPCX.\" The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.","news_type":1,"symbols_score_info":{"SPCX":2,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":569416019375160,"gmtCreate":1780023802357,"gmtModify":1780024470777,"author":{"id":"4134723421039712","authorId":"4134723421039712","name":"Mettamadhan","avatar":"https://community-static.tradeup.com/news/768712a140d799db8c7d7862261ea274","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4134723421039712","idStr":"4134723421039712"},"themes":[],"title":"","htmlText":"Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.&nbsp;","listText":"Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.&nbsp;","text":"Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/569416019375160","repostId":"1152096141","repostType":2,"repost":{"id":"1152096141","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1780022100,"share":"https://ttm.financial/m/news/1152096141?lang=en_US&edition=fundamental","pubTime":"2026-05-29 10:35","market":"us","language":"en","title":"SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports","url":"https://stock-news.laohu8.com/highlight/detail?id=1152096141","media":"Trading Random","summary":"According to people with knowledge of the matter, $SpaceX(SPCX)$ is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and...","content":"<html><head></head><body>According to people with knowledge of the matter, <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and artificial intelligence company moves closer to going public, Bloomberg reported.Bloomberg previously reported in April that the company had been pursuing a valuation exceeding $2 trillion. However, after discussions with advisers and prospective investors, the target has reportedly been revised downward, the sources said, requesting anonymity because the information remains private.People familiar with the process noted that IPO terms, including valuation and deal size, are often adjusted before pricing in response to investor demand and market feedback. SpaceX is reportedly aiming to raise up to $75 billion in the offering, which could make it the largest IPO ever completed.Documents presented to investors in the company’s May 20 IPO filing highlighted SpaceX’s transformation from a business centered on reusable rockets and satellite internet services into a broader AI infrastructure and services company. The filing outlined ambitions that include orbital data centers and a potential addressable market estimated at $28.5 trillion.Bloomberg has also reported that SpaceX could begin formally marketing the IPO as early as June 4, with pricing potentially taking place around June 11. Sources said the timetable could still shift by several days.The discussions are continuing, and the company may still decide to raise its valuation target if investor interest during the roadshow proves strong, according to the people.Financial disclosures in the filing showed that SpaceX generated $18.7 billion in revenue in 2025, compared with $14 billion in the prior year. The company also moved from a $791 million profit in 2024 to a net loss of $4.94 billion last year.In February, SpaceX announced the acquisition of Elon Musk’s xAI, the company behind the Grok chatbot and the social media platform X. Bloomberg previously reported that the transaction valued SpaceX at approximately $1 trillion and xAI at around $250 billion.The IPO is being led by a group of major Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, alongside 18 additional underwriters. SpaceX, formally known as Space Exploration Technologies Corp., is expected to list on Nasdaq and Nasdaq Texas under the ticker symbol SPCX.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTrading Random \n2026-05-29 10:35\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>According to people with knowledge of the matter, <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and artificial intelligence company moves closer to going public, Bloomberg reported.Bloomberg previously reported in April that the company had been pursuing a valuation exceeding $2 trillion. However, after discussions with advisers and prospective investors, the target has reportedly been revised downward, the sources said, requesting anonymity because the information remains private.People familiar with the process noted that IPO terms, including valuation and deal size, are often adjusted before pricing in response to investor demand and market feedback. SpaceX is reportedly aiming to raise up to $75 billion in the offering, which could make it the largest IPO ever completed.Documents presented to investors in the company’s May 20 IPO filing highlighted SpaceX’s transformation from a business centered on reusable rockets and satellite internet services into a broader AI infrastructure and services company. The filing outlined ambitions that include orbital data centers and a potential addressable market estimated at $28.5 trillion.Bloomberg has also reported that SpaceX could begin formally marketing the IPO as early as June 4, with pricing potentially taking place around June 11. Sources said the timetable could still shift by several days.The discussions are continuing, and the company may still decide to raise its valuation target if investor interest during the roadshow proves strong, according to the people.Financial disclosures in the filing showed that SpaceX generated $18.7 billion in revenue in 2025, compared with $14 billion in the prior year. The company also moved from a $791 million profit in 2024 to a net loss of $4.94 billion last year.In February, SpaceX announced the acquisition of Elon Musk’s xAI, the company behind the Grok chatbot and the social media platform X. Bloomberg previously reported that the transaction valued SpaceX at approximately $1 trillion and xAI at around $250 billion.The IPO is being led by a group of major Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, alongside 18 additional underwriters. SpaceX, formally known as Space Exploration Technologies Corp., is expected to list on Nasdaq and Nasdaq Texas under the ticker symbol SPCX.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152096141","content_text":"According to people with knowledge of the matter, SpaceX is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and artificial intelligence company moves closer to going public, Bloomberg reported.Bloomberg previously reported in April that the company had been pursuing a valuation exceeding $2 trillion. However, after discussions with advisers and prospective investors, the target has reportedly been revised downward, the sources said, requesting anonymity because the information remains private.People familiar with the process noted that IPO terms, including valuation and deal size, are often adjusted before pricing in response to investor demand and market feedback. SpaceX is reportedly aiming to raise up to $75 billion in the offering, which could make it the largest IPO ever completed.Documents presented to investors in the company’s May 20 IPO filing highlighted SpaceX’s transformation from a business centered on reusable rockets and satellite internet services into a broader AI infrastructure and services company. The filing outlined ambitions that include orbital data centers and a potential addressable market estimated at $28.5 trillion.Bloomberg has also reported that SpaceX could begin formally marketing the IPO as early as June 4, with pricing potentially taking place around June 11. Sources said the timetable could still shift by several days.The discussions are continuing, and the company may still decide to raise its valuation target if investor interest during the roadshow proves strong, according to the people.Financial disclosures in the filing showed that SpaceX generated $18.7 billion in revenue in 2025, compared with $14 billion in the prior year. The company also moved from a $791 million profit in 2024 to a net loss of $4.94 billion last year.In February, SpaceX announced the acquisition of Elon Musk’s xAI, the company behind the Grok chatbot and the social media platform X. Bloomberg previously reported that the transaction valued SpaceX at approximately $1 trillion and xAI at around $250 billion.The IPO is being led by a group of major Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, alongside 18 additional underwriters. SpaceX, formally known as Space Exploration Technologies Corp., is expected to list on Nasdaq and Nasdaq Texas under the ticker symbol SPCX.","news_type":1,"symbols_score_info":{"SPCX":2}},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":569030737184088,"gmtCreate":1779929835977,"gmtModify":1779932008872,"author":{"id":"4242531283213352","authorId":"4242531283213352","name":"vaiac","avatar":"https://static.tigerbbs.com/default-avatar2.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4242531283213352","idStr":"4242531283213352"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><v-v data-views=\"1\"></v-v>.&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><v-v data-views=\"1\"></v-v>.&nbsp;&nbsp;","text":"$SPDR S&P 500 ETF Trust(SPY)$ .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/569030737184088","repostId":"2638261523","repostType":2,"repost":{"id":"2638261523","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1779850800,"share":"https://ttm.financial/m/news/2638261523?lang=en_US&edition=fundamental","pubTime":"2026-05-27 11:00","market":"us","language":"en","title":"SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules","url":"https://stock-news.laohu8.com/highlight/detail?id=2638261523","media":"Reuters","summary":"May 26 (Reuters) - Elon Musk's $SpaceX(SPCX)$ is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according...","content":"<html><head></head><body>May 26 (Reuters) - Elon Musk&#39;s <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider ‌FTSE Russell.FTSE Russell, a London Stock Exchange Group business, proposed introducing a fast-entry mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes in February.SpaceX is estimated to carry an investable market capitalization of about $70 billion, a figure ⁠that clears two major index eligibility thresholds — the $17.5 billion market-adjusted breakpoint for Russell Top 500 inclusion and the $13.5 billion fast-entry threshold set by the FTSE GEIS, the index provider said.SpaceX&#39;s listing is expected to be the highlight of what is shaping up to be one of the busiest years for IPOs in recent memory, with several high-profile venture-backed companies and startups, including OpenAI and Anthropic, laying the groundwork for ‌their ⁠respective debuts.Musk&#39;s space venture, which is eyeing a public listing that could value it at $1.75 trillion, is expected to be added to Russell Top 50, Russell Top 200, Russell 1000 indexes.It could be included in FTSE GEIS&#39; ⁠Global All Series, FTSE All-World, FTSE World Index, FTSE Global Total Cap.The index provider, however, cautioned that the assessment is based on SpaceX&#39;s current S-1 filing ⁠and limited publicly available information, which could be reassessed based on subsequent filings.SpaceX is aiming to list its shares as early as ⁠June 12, with a roadshow launch targeted for June 4 and the share sale expected as early as June 11, Reuters has reported.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-05-27 11:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>May 26 (Reuters) - Elon Musk&#39;s <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider ‌FTSE Russell.FTSE Russell, a London Stock Exchange Group business, proposed introducing a fast-entry mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes in February.SpaceX is estimated to carry an investable market capitalization of about $70 billion, a figure ⁠that clears two major index eligibility thresholds — the $17.5 billion market-adjusted breakpoint for Russell Top 500 inclusion and the $13.5 billion fast-entry threshold set by the FTSE GEIS, the index provider said.SpaceX&#39;s listing is expected to be the highlight of what is shaping up to be one of the busiest years for IPOs in recent memory, with several high-profile venture-backed companies and startups, including OpenAI and Anthropic, laying the groundwork for ‌their ⁠respective debuts.Musk&#39;s space venture, which is eyeing a public listing that could value it at $1.75 trillion, is expected to be added to Russell Top 50, Russell Top 200, Russell 1000 indexes.It could be included in FTSE GEIS&#39; ⁠Global All Series, FTSE All-World, FTSE World Index, FTSE Global Total Cap.The index provider, however, cautioned that the assessment is based on SpaceX&#39;s current S-1 filing ⁠and limited publicly available information, which could be reassessed based on subsequent filings.SpaceX is aiming to list its shares as early as ⁠June 12, with a roadshow launch targeted for June 4 and the share sale expected as early as June 11, Reuters has reported.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0788108743.HKD":"BGF EUROPEAN \"A2\" (HKDHGD) ACC","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0345777659.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USD) INC","LU0969580561.USD":"贝莱德欧洲特别时机基金A2","LU2091194634.USD":"BGF EUROPEAN EQUITY INCOME \"A2\" (USD) ACC","LU1019634622.SGD":"Blackrock European Equity Income A6 SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU1355424745.HKD":"BGF EUROPEAN SPECIAL SITUATIONS \"A2\" (HKDHDG) ACC","LU2114397693.USD":"BGF EUROPEAN EQUITY INCOME \"A\" (USDHDG) INC","SPCX":"SPAC and New Issue ETF","LU0345777147.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USD) ACC","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0963555726.SGD":"Blackrock European Fund A2 SGD-H","BK5051":"金融交易所和数据","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","LU0526926950.USD":"贝莱德欧洲基金","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0171293334.USD":"贝莱德英国基金A2","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1078025761.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USDHDG) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0171280430.USD":"BGF EUROPEAN \"A2\" (USD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1019632923.USD":"Blackrock European Equity Income A6 USD-H","LU1051770623.HKD":"BGF EUROPEAN EQUITY INCOME \"A6\" (HKDHDG) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260526:nL4N4231G5:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2638261523","content_text":"May 26 (Reuters) - Elon Musk's SpaceX is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider ‌FTSE Russell.FTSE Russell, a London Stock Exchange Group business, proposed introducing a fast-entry mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes in February.SpaceX is estimated to carry an investable market capitalization of about $70 billion, a figure ⁠that clears two major index eligibility thresholds — the $17.5 billion market-adjusted breakpoint for Russell Top 500 inclusion and the $13.5 billion fast-entry threshold set by the FTSE GEIS, the index provider said.SpaceX's listing is expected to be the highlight of what is shaping up to be one of the busiest years for IPOs in recent memory, with several high-profile venture-backed companies and startups, including OpenAI and Anthropic, laying the groundwork for ‌their ⁠respective debuts.Musk's space venture, which is eyeing a public listing that could value it at $1.75 trillion, is expected to be added to Russell Top 50, Russell Top 200, Russell 1000 indexes.It could be included in FTSE GEIS' ⁠Global All Series, FTSE All-World, FTSE World Index, FTSE Global Total Cap.The index provider, however, cautioned that the assessment is based on SpaceX's current S-1 filing ⁠and limited publicly available information, which could be reassessed based on subsequent filings.SpaceX is aiming to list its shares as early as ⁠June 12, with a roadshow launch targeted for June 4 and the share sale expected as early as June 11, Reuters has reported.","news_type":1,"symbols_score_info":{"SPCX":2}},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":568810235196760,"gmtCreate":1779876002484,"gmtModify":1779876861848,"author":{"id":"4101988550497780","authorId":"4101988550497780","name":"Andy ang88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4101988550497780","idStr":"4101988550497780"},"themes":[],"title":"","htmlText":"Time to shoot to the moon","listText":"Time to shoot to the moon","text":"Time to shoot to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/568810235196760","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":568575770350552,"gmtCreate":1779841691239,"gmtModify":1779846157128,"author":{"id":"4185171623020412","authorId":"4185171623020412","name":"Aakash101","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4185171623020412","idStr":"4185171623020412"},"themes":[],"title":"","htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/568575770350552","repostId":"2638523329","repostType":2,"repost":{"id":"2638523329","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1779837270,"share":"https://ttm.financial/m/news/2638523329?lang=en_US&edition=fundamental","pubTime":"2026-05-27 07:14","market":"us","language":"en","title":"US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network","url":"https://stock-news.laohu8.com/highlight/detail?id=2638523329","media":"Reuters","summary":"UPDATE 1-US Space Force awards SpaceX $2.29 billion contract for military space data networkAdds details and background from paragraph 2 to endBy Mike Stone","content":"<html><head></head><body>WASHINGTON, May 26 (Reuters) - The U.S. Space Force has awarded SpaceX a $2.29 billion contract to build a secure, high-speed satellite communications network to connect military sensors and weapons platforms across the globe, the service announced on Tuesday.The fixed-price nontraditional contracting agreement covers the Space Data Network (SDN) Backbone, a resilient network architecture providing high-capacity and low-latency data transport for the military.Space Force said the vendor must deliver a fully operational prototype capability by the end of 2027.Among other roles, the SDN will provide the communications pathways for integrating and moving data from missile warning and tracking sensors to interceptors in near real time — a capability seen as foundational to the Trump administration&#39;s Golden Dome missile defense initiative.&#34;The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,&#34; said Space Force Colonel Ryan Frazier, the acting portfolio acquisition executive overseeing the program.The SDN Backbone is a proliferated low Earth orbit (pLEO) satellite constellation that will expand a mesh of satellites delivering worldwide communication services, the Pentagon said. It will work alongside the Space Development Agency&#39;s Transport Layer to form a unified architecture providing critical data transport for current and future Department of Defense missions.The Space Force said it plans to identify additional contractors for satellite construction and other network elements over the summer.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-05-27 07:14\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>WASHINGTON, May 26 (Reuters) - The U.S. Space Force has awarded SpaceX a $2.29 billion contract to build a secure, high-speed satellite communications network to connect military sensors and weapons platforms across the globe, the service announced on Tuesday.The fixed-price nontraditional contracting agreement covers the Space Data Network (SDN) Backbone, a resilient network architecture providing high-capacity and low-latency data transport for the military.Space Force said the vendor must deliver a fully operational prototype capability by the end of 2027.Among other roles, the SDN will provide the communications pathways for integrating and moving data from missile warning and tracking sensors to interceptors in near real time — a capability seen as foundational to the Trump administration&#39;s Golden Dome missile defense initiative.&#34;The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,&#34; said Space Force Colonel Ryan Frazier, the acting portfolio acquisition executive overseeing the program.The SDN Backbone is a proliferated low Earth orbit (pLEO) satellite constellation that will expand a mesh of satellites delivering worldwide communication services, the Pentagon said. It will work alongside the Space Development Agency&#39;s Transport Layer to form a unified architecture providing critical data transport for current and future Department of Defense missions.The Space Force said it plans to identify additional contractors for satellite construction and other network elements over the summer.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260526:nL1N4230U3:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2638523329","content_text":"WASHINGTON, May 26 (Reuters) - The U.S. Space Force has awarded SpaceX a $2.29 billion contract to build a secure, high-speed satellite communications network to connect military sensors and weapons platforms across the globe, the service announced on Tuesday.The fixed-price nontraditional contracting agreement covers the Space Data Network (SDN) Backbone, a resilient network architecture providing high-capacity and low-latency data transport for the military.Space Force said the vendor must deliver a fully operational prototype capability by the end of 2027.Among other roles, the SDN will provide the communications pathways for integrating and moving data from missile warning and tracking sensors to interceptors in near real time — a capability seen as foundational to the Trump administration's Golden Dome missile defense initiative.\"The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,\" said Space Force Colonel Ryan Frazier, the acting portfolio acquisition executive overseeing the program.The SDN Backbone is a proliferated low Earth orbit (pLEO) satellite constellation that will expand a mesh of satellites delivering worldwide communication services, the Pentagon said. It will work alongside the Space Development Agency's Transport Layer to form a unified architecture providing critical data transport for current and future Department of Defense missions.The Space Force said it plans to identify additional contractors for satellite construction and other network elements over the summer.","news_type":1,"symbols_score_info":{"SPCX":2}},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":547125993236208,"gmtCreate":1774600026906,"gmtModify":1774600031120,"author":{"id":"4181780932310392","authorId":"4181780932310392","name":"Rainy777","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4181780932310392","idStr":"4181780932310392"},"themes":[],"title":"","htmlText":"The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.&nbsp;","listText":"The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.&nbsp;","text":"The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/547125993236208","repostId":"2622811281","repostType":4,"repost":{"id":"2622811281","kind":"highlight","weMediaInfo":{"introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"media_name":"TradingKey","id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"pubTimestamp":1774593521,"share":"https://ttm.financial/m/news/2622811281?lang=en_US&edition=fundamental","pubTime":"2026-03-27 14:38","market":"hk","language":"en","title":"Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=2622811281","media":"TradingKey","summary":"TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating up to 30% of SpaceX's IPO shares to retail investors, a proportion triple the conventional level. Typically, companies going public allocate only 5% to 10% of IPO shares to retail investors. Musk's move is reportedly intended to leverage his ardent fan base and loyal supporters to stabilize SpaceX's stock price following its market debut.","content":"<html><head></head><body>TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating as much as 30% of the SpaceX IPO to retail investors, a proportion more than three times the conventional level. Typically, public companies only allocate 5% to 10% of IPO shares to retail investors.The move is reportedly intended to leverage Musk&#39;s fervent fan base and loyal supporters to stabilize SpaceX&#39;s stock price following its listing.<h2 dir=\"ltr\">SpaceX IPO Set to Replicate the Grandeur of Google&#39;s Public Debut</h2>With a potential valuation as high as $1.75 trillion, the SpaceX IPO could become one of the largest in history. Rowan Taylor, managing partner of Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, stated that this event is comparable to Google twenty years ago (GOOG) (GOOGL) when it went public, and market demand for the IPO is expected to be extremely robust.Reuters reported that Musk communicated this IPO allocation plan to Wall Street through SpaceX CFO Bret Johnsen, but the plan has not been finalized and is subject to change.Previously, tech media outlet The Information reported that the retail share could exceed 20%; Reuters now reports that 30% may be the upper limit target.The expectation that retail investors will stabilize the stock price stems from Musk&#39;s ability to attract a massive base of &#39;die-hard fans&#39; through his past track record—taking <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> (TSLA) from a niche electric vehicle brand to mass production and bringing it back from the brink; turning the advanced and costly Starlink into a sustainably profitable satellite network; and leading SpaceX to capture an 80% share of the commercial rocket launch market. Investors are equally confident in the success of Musk&#39;s latest IPO.Currently, Musk has handpicked roles for various investment banks, assembling the most prestigious distribution lineup in history: Bank of America (BAC) will handle domestic retail distribution in the U.S.; Morgan Stanley&#39;s (MS) E*Trade platform will target small to mid-sized retail investors; UBS (UBS) will expand into international markets; Citigroup (C) will assist with overseas distribution. Regarding regional markets, Mizuho (MFG) is responsible for the Japanese market; Barclays (BCS) will handle the UK; Deutsche Bank will cover Germany; and Royal Bank of Canada (RY) is responsible for Canada. However, these underwriters have not yet responded.SpaceX has not yet determined the final offering size or timeline. To date, the record for the world&#39;s largest IPO is held by Saudi Aramco, which listed on the Saudi Stock Exchange in 2019 and raised approximately $29 billion. The SpaceX IPO is expected to break this record.Find out more</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTradingKey \n2026-03-27 14:38\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating as much as 30% of the SpaceX IPO to retail investors, a proportion more than three times the conventional level. Typically, public companies only allocate 5% to 10% of IPO shares to retail investors.The move is reportedly intended to leverage Musk&#39;s fervent fan base and loyal supporters to stabilize SpaceX&#39;s stock price following its listing.<h2 dir=\"ltr\">SpaceX IPO Set to Replicate the Grandeur of Google&#39;s Public Debut</h2>With a potential valuation as high as $1.75 trillion, the SpaceX IPO could become one of the largest in history. Rowan Taylor, managing partner of Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, stated that this event is comparable to Google twenty years ago (GOOG) (GOOGL) when it went public, and market demand for the IPO is expected to be extremely robust.Reuters reported that Musk communicated this IPO allocation plan to Wall Street through SpaceX CFO Bret Johnsen, but the plan has not been finalized and is subject to change.Previously, tech media outlet The Information reported that the retail share could exceed 20%; Reuters now reports that 30% may be the upper limit target.The expectation that retail investors will stabilize the stock price stems from Musk&#39;s ability to attract a massive base of &#39;die-hard fans&#39; through his past track record—taking <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> (TSLA) from a niche electric vehicle brand to mass production and bringing it back from the brink; turning the advanced and costly Starlink into a sustainably profitable satellite network; and leading SpaceX to capture an 80% share of the commercial rocket launch market. Investors are equally confident in the success of Musk&#39;s latest IPO.Currently, Musk has handpicked roles for various investment banks, assembling the most prestigious distribution lineup in history: Bank of America (BAC) will handle domestic retail distribution in the U.S.; Morgan Stanley&#39;s (MS) E*Trade platform will target small to mid-sized retail investors; UBS (UBS) will expand into international markets; Citigroup (C) will assist with overseas distribution. Regarding regional markets, Mizuho (MFG) is responsible for the Japanese market; Barclays (BCS) will handle the UK; Deutsche Bank will cover Germany; and Royal Bank of Canada (RY) is responsible for Canada. However, these underwriters have not yet responded.SpaceX has not yet determined the final offering size or timeline. To date, the record for the world&#39;s largest IPO is held by Saudi Aramco, which listed on the Saudi Stock Exchange in 2019 and raised approximately $29 billion. The SpaceX IPO is expected to break this record.Find out more</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","BK4521":"英国银行股","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","LU0795875086.SGD":"JPMorgan Investment Funds - 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On March 26, Reuters reported that Elon Musk is discussing allocating as much as 30% of the SpaceX IPO to retail investors, a proportion more than three times the conventional level. Typically, public companies only allocate 5% to 10% of IPO shares to retail investors.The move is reportedly intended to leverage Musk's fervent fan base and loyal supporters to stabilize SpaceX's stock price following its listing.SpaceX IPO Set to Replicate the Grandeur of Google's Public DebutWith a potential valuation as high as $1.75 trillion, the SpaceX IPO could become one of the largest in history. Rowan Taylor, managing partner of Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, stated that this event is comparable to Google twenty years ago (GOOG) (GOOGL) when it went public, and market demand for the IPO is expected to be extremely robust.Reuters reported that Musk communicated this IPO allocation plan to Wall Street through SpaceX CFO Bret Johnsen, but the plan has not been finalized and is subject to change.Previously, tech media outlet The Information reported that the retail share could exceed 20%; Reuters now reports that 30% may be the upper limit target.The expectation that retail investors will stabilize the stock price stems from Musk's ability to attract a massive base of 'die-hard fans' through his past track record—taking Tesla (TSLA) from a niche electric vehicle brand to mass production and bringing it back from the brink; turning the advanced and costly Starlink into a sustainably profitable satellite network; and leading SpaceX to capture an 80% share of the commercial rocket launch market. Investors are equally confident in the success of Musk's latest IPO.Currently, Musk has handpicked roles for various investment banks, assembling the most prestigious distribution lineup in history: Bank of America (BAC) will handle domestic retail distribution in the U.S.; Morgan Stanley's (MS) E*Trade platform will target small to mid-sized retail investors; UBS (UBS) will expand into international markets; Citigroup (C) will assist with overseas distribution. Regarding regional markets, Mizuho (MFG) is responsible for the Japanese market; Barclays (BCS) will handle the UK; Deutsche Bank will cover Germany; and Royal Bank of Canada (RY) is responsible for Canada. However, these underwriters have not yet responded.SpaceX has not yet determined the final offering size or timeline. To date, the record for the world's largest IPO is held by Saudi Aramco, which listed on the Saudi Stock Exchange in 2019 and raised approximately $29 billion. The SpaceX IPO is expected to break this record.Find out more","news_type":1,"symbols_score_info":{"VCX":2,"DXYZ":2,"TSLA":2}},"isVote":1,"tweetType":1,"viewCount":1246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"essenList":[{"id":571227499787392,"gmtCreate":1780482384315,"gmtModify":1780482536623,"author":{"id":"4240733816868442","authorId":"4240733816868442","name":"kaz trader","avatar":"https://static.tigerbbs.com/default-avatar2.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4240733816868442","idStr":"4240733816868442"},"themes":[],"title":"","htmlText":"Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work","listText":"Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work","text":"Those who invest in the stock exchange are weary of the phenomenon called (FOMO) fear of missing out, this is all to relevant as we approach next month (June) when SPACE X shares will become available to the public (June IPO). Where this will lead is up for speculation as it's previously only been a country's wealth that has dictated what happens with their intentions eg NASA, but for the 1st time it's private citizens that will be venturing past the stratosphere and planning what will be designated valid for their reasons, and I'm sure it won't have to do with looking back in time to early parts of the universe. I imagine if there is a way to make money now that reentry space ships are getting cheaper to go up and back from space, then it will be space X that grasps the incentive to work","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/571227499787392","repostId":"2640218719","repostType":2,"repost":{"id":"2640218719","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780465925,"share":"https://ttm.financial/m/news/2640218719?lang=en_US&edition=fundamental","pubTime":"2026-06-03 13:52","market":"us","language":"en","title":"SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2640218719","media":"Reuters","summary":"SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...","content":"<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-06-03 13:52\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260602:nL6N42A17F:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2640218719","content_text":"June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX's roadshow begins on Thursday. It earlier held some \"testing the waters\" meetings with investors.The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.\"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,\" Chen said.A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debutMISSION: MARS AND SPACE DATA CENTERSMusk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.MEGA IPO WAVEThe listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.\"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,\" said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.Still, two of SpaceX's three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol \"SPCX.\" The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.","news_type":1,"symbols_score_info":{"SPCX":2,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":571052210308400,"gmtCreate":1780448870480,"gmtModify":1780450895432,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Can I apply through this app","listText":"Can I apply through this app","text":"Can I apply through this app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/571052210308400","repostId":"2640218719","repostType":2,"repost":{"id":"2640218719","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780465925,"share":"https://ttm.financial/m/news/2640218719?lang=en_US&edition=fundamental","pubTime":"2026-06-03 13:52","market":"us","language":"en","title":"SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2640218719","media":"Reuters","summary":"SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...","content":"<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-06-03 13:52\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk&#39;s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX&#39;s roadshow begins on Thursday. It earlier held some &#34;testing the waters&#34; meetings with investors.The company&#39;s plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX&#39;s unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich &amp; Rosati.&#34;Musk is simply taking a &#39;take-it-or-leave-it&#39; approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,&#34; Chen said.<img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/>A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut<h2 style=\"text-align: left;\">MISSION: MARS AND SPACE DATA CENTERS</h2>Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company&#39;s valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk&#39;s cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX&#39;s satellite network, the source added.SpaceX merged with Musk&#39;s AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.<img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/>SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.<h2 style=\"text-align: left;\">MEGA IPO WAVE</h2>The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.&#34;When you&#39;re the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,&#34; said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX&#39;s unusual approach to the IPO.Still, two of SpaceX&#39;s three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company&#39;s cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.<img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/>Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX&#39;s pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol &#34;SPCX.&#34; The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal. </body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260602:nL6N42A17F:3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2640218719","content_text":"June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public ‌markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX's roadshow begins on Thursday. It earlier held some \"testing the waters\" meetings with investors.The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.\"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers ⁠and is also sensible given the market conditions and the lack of comparables,\" Chen said.A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debutMISSION: MARS AND SPACE DATA CENTERSMusk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of ‌that comes from ⁠its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.MEGA IPO WAVEThe listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in ⁠market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.\"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,\" said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.Still, two of SpaceX's three businesses ⁠are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts ⁠have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol \"SPCX.\" The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.","news_type":1,"symbols_score_info":{"SPCX":2,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":569416019375160,"gmtCreate":1780023802357,"gmtModify":1780024470777,"author":{"id":"4134723421039712","authorId":"4134723421039712","name":"Mettamadhan","avatar":"https://community-static.tradeup.com/news/768712a140d799db8c7d7862261ea274","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4134723421039712","idStr":"4134723421039712"},"themes":[],"title":"","htmlText":"Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.&nbsp;","listText":"Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.&nbsp;","text":"Hype it and the fools will buy. It Is forced down the throats of index/ETF investors. What kind of joke is this which is allowed by SEC.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/569416019375160","repostId":"1152096141","repostType":2,"repost":{"id":"1152096141","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1780022100,"share":"https://ttm.financial/m/news/1152096141?lang=en_US&edition=fundamental","pubTime":"2026-05-29 10:35","market":"us","language":"en","title":"SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports","url":"https://stock-news.laohu8.com/highlight/detail?id=1152096141","media":"Trading Random","summary":"According to people with knowledge of the matter, $SpaceX(SPCX)$ is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and...","content":"<html><head></head><body>According to people with knowledge of the matter, <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and artificial intelligence company moves closer to going public, Bloomberg reported.Bloomberg previously reported in April that the company had been pursuing a valuation exceeding $2 trillion. However, after discussions with advisers and prospective investors, the target has reportedly been revised downward, the sources said, requesting anonymity because the information remains private.People familiar with the process noted that IPO terms, including valuation and deal size, are often adjusted before pricing in response to investor demand and market feedback. SpaceX is reportedly aiming to raise up to $75 billion in the offering, which could make it the largest IPO ever completed.Documents presented to investors in the company’s May 20 IPO filing highlighted SpaceX’s transformation from a business centered on reusable rockets and satellite internet services into a broader AI infrastructure and services company. The filing outlined ambitions that include orbital data centers and a potential addressable market estimated at $28.5 trillion.Bloomberg has also reported that SpaceX could begin formally marketing the IPO as early as June 4, with pricing potentially taking place around June 11. Sources said the timetable could still shift by several days.The discussions are continuing, and the company may still decide to raise its valuation target if investor interest during the roadshow proves strong, according to the people.Financial disclosures in the filing showed that SpaceX generated $18.7 billion in revenue in 2025, compared with $14 billion in the prior year. The company also moved from a $791 million profit in 2024 to a net loss of $4.94 billion last year.In February, SpaceX announced the acquisition of Elon Musk’s xAI, the company behind the Grok chatbot and the social media platform X. Bloomberg previously reported that the transaction valued SpaceX at approximately $1 trillion and xAI at around $250 billion.The IPO is being led by a group of major Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, alongside 18 additional underwriters. SpaceX, formally known as Space Exploration Technologies Corp., is expected to list on Nasdaq and Nasdaq Texas under the ticker symbol SPCX.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion, Bloomberg Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTrading Random \n2026-05-29 10:35\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>According to people with knowledge of the matter, <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and artificial intelligence company moves closer to going public, Bloomberg reported.Bloomberg previously reported in April that the company had been pursuing a valuation exceeding $2 trillion. However, after discussions with advisers and prospective investors, the target has reportedly been revised downward, the sources said, requesting anonymity because the information remains private.People familiar with the process noted that IPO terms, including valuation and deal size, are often adjusted before pricing in response to investor demand and market feedback. SpaceX is reportedly aiming to raise up to $75 billion in the offering, which could make it the largest IPO ever completed.Documents presented to investors in the company’s May 20 IPO filing highlighted SpaceX’s transformation from a business centered on reusable rockets and satellite internet services into a broader AI infrastructure and services company. The filing outlined ambitions that include orbital data centers and a potential addressable market estimated at $28.5 trillion.Bloomberg has also reported that SpaceX could begin formally marketing the IPO as early as June 4, with pricing potentially taking place around June 11. Sources said the timetable could still shift by several days.The discussions are continuing, and the company may still decide to raise its valuation target if investor interest during the roadshow proves strong, according to the people.Financial disclosures in the filing showed that SpaceX generated $18.7 billion in revenue in 2025, compared with $14 billion in the prior year. The company also moved from a $791 million profit in 2024 to a net loss of $4.94 billion last year.In February, SpaceX announced the acquisition of Elon Musk’s xAI, the company behind the Grok chatbot and the social media platform X. Bloomberg previously reported that the transaction valued SpaceX at approximately $1 trillion and xAI at around $250 billion.The IPO is being led by a group of major Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, alongside 18 additional underwriters. SpaceX, formally known as Space Exploration Technologies Corp., is expected to list on Nasdaq and Nasdaq Texas under the ticker symbol SPCX.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152096141","content_text":"According to people with knowledge of the matter, SpaceX is targeting a valuation of no less than $1.8 trillion for its upcoming initial public offering, as Elon Musk’s aerospace and artificial intelligence company moves closer to going public, Bloomberg reported.Bloomberg previously reported in April that the company had been pursuing a valuation exceeding $2 trillion. However, after discussions with advisers and prospective investors, the target has reportedly been revised downward, the sources said, requesting anonymity because the information remains private.People familiar with the process noted that IPO terms, including valuation and deal size, are often adjusted before pricing in response to investor demand and market feedback. SpaceX is reportedly aiming to raise up to $75 billion in the offering, which could make it the largest IPO ever completed.Documents presented to investors in the company’s May 20 IPO filing highlighted SpaceX’s transformation from a business centered on reusable rockets and satellite internet services into a broader AI infrastructure and services company. The filing outlined ambitions that include orbital data centers and a potential addressable market estimated at $28.5 trillion.Bloomberg has also reported that SpaceX could begin formally marketing the IPO as early as June 4, with pricing potentially taking place around June 11. Sources said the timetable could still shift by several days.The discussions are continuing, and the company may still decide to raise its valuation target if investor interest during the roadshow proves strong, according to the people.Financial disclosures in the filing showed that SpaceX generated $18.7 billion in revenue in 2025, compared with $14 billion in the prior year. The company also moved from a $791 million profit in 2024 to a net loss of $4.94 billion last year.In February, SpaceX announced the acquisition of Elon Musk’s xAI, the company behind the Grok chatbot and the social media platform X. Bloomberg previously reported that the transaction valued SpaceX at approximately $1 trillion and xAI at around $250 billion.The IPO is being led by a group of major Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase, alongside 18 additional underwriters. SpaceX, formally known as Space Exploration Technologies Corp., is expected to list on Nasdaq and Nasdaq Texas under the ticker symbol SPCX.","news_type":1,"symbols_score_info":{"SPCX":2}},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":569030737184088,"gmtCreate":1779929835977,"gmtModify":1779932008872,"author":{"id":"4242531283213352","authorId":"4242531283213352","name":"vaiac","avatar":"https://static.tigerbbs.com/default-avatar2.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4242531283213352","idStr":"4242531283213352"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><v-v data-views=\"1\"></v-v>.&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><v-v data-views=\"1\"></v-v>.&nbsp;&nbsp;","text":"$SPDR S&P 500 ETF Trust(SPY)$ .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/569030737184088","repostId":"2638261523","repostType":2,"repost":{"id":"2638261523","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1779850800,"share":"https://ttm.financial/m/news/2638261523?lang=en_US&edition=fundamental","pubTime":"2026-05-27 11:00","market":"us","language":"en","title":"SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules","url":"https://stock-news.laohu8.com/highlight/detail?id=2638261523","media":"Reuters","summary":"May 26 (Reuters) - Elon Musk's $SpaceX(SPCX)$ is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according...","content":"<html><head></head><body>May 26 (Reuters) - Elon Musk&#39;s <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider ‌FTSE Russell.FTSE Russell, a London Stock Exchange Group business, proposed introducing a fast-entry mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes in February.SpaceX is estimated to carry an investable market capitalization of about $70 billion, a figure ⁠that clears two major index eligibility thresholds — the $17.5 billion market-adjusted breakpoint for Russell Top 500 inclusion and the $13.5 billion fast-entry threshold set by the FTSE GEIS, the index provider said.SpaceX&#39;s listing is expected to be the highlight of what is shaping up to be one of the busiest years for IPOs in recent memory, with several high-profile venture-backed companies and startups, including OpenAI and Anthropic, laying the groundwork for ‌their ⁠respective debuts.Musk&#39;s space venture, which is eyeing a public listing that could value it at $1.75 trillion, is expected to be added to Russell Top 50, Russell Top 200, Russell 1000 indexes.It could be included in FTSE GEIS&#39; ⁠Global All Series, FTSE All-World, FTSE World Index, FTSE Global Total Cap.The index provider, however, cautioned that the assessment is based on SpaceX&#39;s current S-1 filing ⁠and limited publicly available information, which could be reassessed based on subsequent filings.SpaceX is aiming to list its shares as early as ⁠June 12, with a roadshow launch targeted for June 4 and the share sale expected as early as June 11, Reuters has reported.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ 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{color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Set for Fast Entry into US, Global Indexes Under New FTSE Rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-05-27 11:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>May 26 (Reuters) - Elon Musk&#39;s <a href=\"https://laohu8.com/S/SPCX\">SpaceX</a> is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider ‌FTSE Russell.FTSE Russell, a London Stock Exchange Group business, proposed introducing a fast-entry mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes in February.SpaceX is estimated to carry an investable market capitalization of about $70 billion, a figure ⁠that clears two major index eligibility thresholds — the $17.5 billion market-adjusted breakpoint for Russell Top 500 inclusion and the $13.5 billion fast-entry threshold set by the FTSE GEIS, the index provider said.SpaceX&#39;s listing is expected to be the highlight of what is shaping up to be one of the busiest years for IPOs in recent memory, with several high-profile venture-backed companies and startups, including OpenAI and Anthropic, laying the groundwork for ‌their ⁠respective debuts.Musk&#39;s space venture, which is eyeing a public listing that could value it at $1.75 trillion, is expected to be added to Russell Top 50, Russell Top 200, Russell 1000 indexes.It could be included in FTSE GEIS&#39; ⁠Global All Series, FTSE All-World, FTSE World Index, FTSE Global Total Cap.The index provider, however, cautioned that the assessment is based on SpaceX&#39;s current S-1 filing ⁠and limited publicly available information, which could be reassessed based on subsequent filings.SpaceX is aiming to list its shares as early as ⁠June 12, with a roadshow launch targeted for June 4 and the share sale expected as early as June 11, Reuters has reported.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0788108743.HKD":"BGF EUROPEAN \"A2\" (HKDHGD) ACC","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0345777659.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USD) INC","LU0969580561.USD":"贝莱德欧洲特别时机基金A2","LU2091194634.USD":"BGF EUROPEAN EQUITY INCOME \"A2\" (USD) ACC","LU1019634622.SGD":"Blackrock European Equity Income A6 SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) 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INC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","LU0526926950.USD":"贝莱德欧洲基金","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0171293334.USD":"贝莱德英国基金A2","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1078025761.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USDHDG) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0171280430.USD":"BGF EUROPEAN \"A2\" (USD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1019632923.USD":"Blackrock European Equity Income A6 USD-H","LU1051770623.HKD":"BGF EUROPEAN EQUITY INCOME \"A6\" (HKDHDG) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260526:nL4N4231G5:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2638261523","content_text":"May 26 (Reuters) - Elon Musk's SpaceX is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider ‌FTSE Russell.FTSE Russell, a London Stock Exchange Group business, proposed introducing a fast-entry mechanism for initial public offerings and revising eligibility requirements for its Russell U.S. Equity Indexes in February.SpaceX is estimated to carry an investable market capitalization of about $70 billion, a figure ⁠that clears two major index eligibility thresholds — the $17.5 billion market-adjusted breakpoint for Russell Top 500 inclusion and the $13.5 billion fast-entry threshold set by the FTSE GEIS, the index provider said.SpaceX's listing is expected to be the highlight of what is shaping up to be one of the busiest years for IPOs in recent memory, with several high-profile venture-backed companies and startups, including OpenAI and Anthropic, laying the groundwork for ‌their ⁠respective debuts.Musk's space venture, which is eyeing a public listing that could value it at $1.75 trillion, is expected to be added to Russell Top 50, Russell Top 200, Russell 1000 indexes.It could be included in FTSE GEIS' ⁠Global All Series, FTSE All-World, FTSE World Index, FTSE Global Total Cap.The index provider, however, cautioned that the assessment is based on SpaceX's current S-1 filing ⁠and limited publicly available information, which could be reassessed based on subsequent filings.SpaceX is aiming to list its shares as early as ⁠June 12, with a roadshow launch targeted for June 4 and the share sale expected as early as June 11, Reuters has reported.","news_type":1,"symbols_score_info":{"SPCX":2}},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":568810235196760,"gmtCreate":1779876002484,"gmtModify":1779876861848,"author":{"id":"4101988550497780","authorId":"4101988550497780","name":"Andy ang88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4101988550497780","idStr":"4101988550497780"},"themes":[],"title":"","htmlText":"Time to shoot to the moon","listText":"Time to shoot to the moon","text":"Time to shoot to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/568810235196760","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":568575770350552,"gmtCreate":1779841691239,"gmtModify":1779846157128,"author":{"id":"4185171623020412","authorId":"4185171623020412","name":"Aakash101","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4185171623020412","idStr":"4185171623020412"},"themes":[],"title":"","htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/568575770350552","repostId":"2638523329","repostType":2,"repost":{"id":"2638523329","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1779837270,"share":"https://ttm.financial/m/news/2638523329?lang=en_US&edition=fundamental","pubTime":"2026-05-27 07:14","market":"us","language":"en","title":"US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network","url":"https://stock-news.laohu8.com/highlight/detail?id=2638523329","media":"Reuters","summary":"UPDATE 1-US Space Force awards SpaceX $2.29 billion contract for military space data networkAdds details and background from paragraph 2 to endBy Mike Stone","content":"<html><head></head><body>WASHINGTON, May 26 (Reuters) - The U.S. Space Force has awarded SpaceX a $2.29 billion contract to build a secure, high-speed satellite communications network to connect military sensors and weapons platforms across the globe, the service announced on Tuesday.The fixed-price nontraditional contracting agreement covers the Space Data Network (SDN) Backbone, a resilient network architecture providing high-capacity and low-latency data transport for the military.Space Force said the vendor must deliver a fully operational prototype capability by the end of 2027.Among other roles, the SDN will provide the communications pathways for integrating and moving data from missile warning and tracking sensors to interceptors in near real time — a capability seen as foundational to the Trump administration&#39;s Golden Dome missile defense initiative.&#34;The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,&#34; said Space Force Colonel Ryan Frazier, the acting portfolio acquisition executive overseeing the program.The SDN Backbone is a proliferated low Earth orbit (pLEO) satellite constellation that will expand a mesh of satellites delivering worldwide communication services, the Pentagon said. It will work alongside the Space Development Agency&#39;s Transport Layer to form a unified architecture providing critical data transport for current and future Department of Defense missions.The Space Force said it plans to identify additional contractors for satellite construction and other network elements over the summer.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Space Force Awards SpaceX $2.29 Billion Contract for Military Space Data Network\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-05-27 07:14\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>WASHINGTON, May 26 (Reuters) - The U.S. Space Force has awarded SpaceX a $2.29 billion contract to build a secure, high-speed satellite communications network to connect military sensors and weapons platforms across the globe, the service announced on Tuesday.The fixed-price nontraditional contracting agreement covers the Space Data Network (SDN) Backbone, a resilient network architecture providing high-capacity and low-latency data transport for the military.Space Force said the vendor must deliver a fully operational prototype capability by the end of 2027.Among other roles, the SDN will provide the communications pathways for integrating and moving data from missile warning and tracking sensors to interceptors in near real time — a capability seen as foundational to the Trump administration&#39;s Golden Dome missile defense initiative.&#34;The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,&#34; said Space Force Colonel Ryan Frazier, the acting portfolio acquisition executive overseeing the program.The SDN Backbone is a proliferated low Earth orbit (pLEO) satellite constellation that will expand a mesh of satellites delivering worldwide communication services, the Pentagon said. It will work alongside the Space Development Agency&#39;s Transport Layer to form a unified architecture providing critical data transport for current and future Department of Defense missions.The Space Force said it plans to identify additional contractors for satellite construction and other network elements over the summer.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260526:nL1N4230U3:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2638523329","content_text":"WASHINGTON, May 26 (Reuters) - The U.S. Space Force has awarded SpaceX a $2.29 billion contract to build a secure, high-speed satellite communications network to connect military sensors and weapons platforms across the globe, the service announced on Tuesday.The fixed-price nontraditional contracting agreement covers the Space Data Network (SDN) Backbone, a resilient network architecture providing high-capacity and low-latency data transport for the military.Space Force said the vendor must deliver a fully operational prototype capability by the end of 2027.Among other roles, the SDN will provide the communications pathways for integrating and moving data from missile warning and tracking sensors to interceptors in near real time — a capability seen as foundational to the Trump administration's Golden Dome missile defense initiative.\"The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,\" said Space Force Colonel Ryan Frazier, the acting portfolio acquisition executive overseeing the program.The SDN Backbone is a proliferated low Earth orbit (pLEO) satellite constellation that will expand a mesh of satellites delivering worldwide communication services, the Pentagon said. It will work alongside the Space Development Agency's Transport Layer to form a unified architecture providing critical data transport for current and future Department of Defense missions.The Space Force said it plans to identify additional contractors for satellite construction and other network elements over the summer.","news_type":1,"symbols_score_info":{"SPCX":2}},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":547125993236208,"gmtCreate":1774600026906,"gmtModify":1774600031120,"author":{"id":"4181780932310392","authorId":"4181780932310392","name":"Rainy777","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4181780932310392","idStr":"4181780932310392"},"themes":[],"title":"","htmlText":"The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.&nbsp;","listText":"The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.&nbsp;","text":"The reason retail gets 30% is that the institutional investors aren't interested as its way over priced.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/547125993236208","repostId":"2622811281","repostType":4,"repost":{"id":"2622811281","kind":"highlight","weMediaInfo":{"introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"media_name":"TradingKey","id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"pubTimestamp":1774593521,"share":"https://ttm.financial/m/news/2622811281?lang=en_US&edition=fundamental","pubTime":"2026-03-27 14:38","market":"hk","language":"en","title":"Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=2622811281","media":"TradingKey","summary":"TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating up to 30% of SpaceX's IPO shares to retail investors, a proportion triple the conventional level. Typically, companies going public allocate only 5% to 10% of IPO shares to retail investors. Musk's move is reportedly intended to leverage his ardent fan base and loyal supporters to stabilize SpaceX's stock price following its market debut.","content":"<html><head></head><body>TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating as much as 30% of the SpaceX IPO to retail investors, a proportion more than three times the conventional level. Typically, public companies only allocate 5% to 10% of IPO shares to retail investors.The move is reportedly intended to leverage Musk&#39;s fervent fan base and loyal supporters to stabilize SpaceX&#39;s stock price following its listing.<h2 dir=\"ltr\">SpaceX IPO Set to Replicate the Grandeur of Google&#39;s Public Debut</h2>With a potential valuation as high as $1.75 trillion, the SpaceX IPO could become one of the largest in history. Rowan Taylor, managing partner of Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, stated that this event is comparable to Google twenty years ago (GOOG) (GOOGL) when it went public, and market demand for the IPO is expected to be extremely robust.Reuters reported that Musk communicated this IPO allocation plan to Wall Street through SpaceX CFO Bret Johnsen, but the plan has not been finalized and is subject to change.Previously, tech media outlet The Information reported that the retail share could exceed 20%; Reuters now reports that 30% may be the upper limit target.The expectation that retail investors will stabilize the stock price stems from Musk&#39;s ability to attract a massive base of &#39;die-hard fans&#39; through his past track record—taking <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> (TSLA) from a niche electric vehicle brand to mass production and bringing it back from the brink; turning the advanced and costly Starlink into a sustainably profitable satellite network; and leading SpaceX to capture an 80% share of the commercial rocket launch market. Investors are equally confident in the success of Musk&#39;s latest IPO.Currently, Musk has handpicked roles for various investment banks, assembling the most prestigious distribution lineup in history: Bank of America (BAC) will handle domestic retail distribution in the U.S.; Morgan Stanley&#39;s (MS) E*Trade platform will target small to mid-sized retail investors; UBS (UBS) will expand into international markets; Citigroup (C) will assist with overseas distribution. Regarding regional markets, Mizuho (MFG) is responsible for the Japanese market; Barclays (BCS) will handle the UK; Deutsche Bank will cover Germany; and Royal Bank of Canada (RY) is responsible for Canada. However, these underwriters have not yet responded.SpaceX has not yet determined the final offering size or timeline. To date, the record for the world&#39;s largest IPO is held by Saudi Aramco, which listed on the Saudi Stock Exchange in 2019 and raised approximately $29 billion. The SpaceX IPO is expected to break this record.Find out more</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Generously Shares the Cake. Why SpaceX IPO Plans to Allocate 30% Share to Retail Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTradingKey \n2026-03-27 14:38\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>TradingKey - On March 26, Reuters reported that Elon Musk is discussing allocating as much as 30% of the SpaceX IPO to retail investors, a proportion more than three times the conventional level. Typically, public companies only allocate 5% to 10% of IPO shares to retail investors.The move is reportedly intended to leverage Musk&#39;s fervent fan base and loyal supporters to stabilize SpaceX&#39;s stock price following its listing.<h2 dir=\"ltr\">SpaceX IPO Set to Replicate the Grandeur of Google&#39;s Public Debut</h2>With a potential valuation as high as $1.75 trillion, the SpaceX IPO could become one of the largest in history. Rowan Taylor, managing partner of Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, stated that this event is comparable to Google twenty years ago (GOOG) (GOOGL) when it went public, and market demand for the IPO is expected to be extremely robust.Reuters reported that Musk communicated this IPO allocation plan to Wall Street through SpaceX CFO Bret Johnsen, but the plan has not been finalized and is subject to change.Previously, tech media outlet The Information reported that the retail share could exceed 20%; Reuters now reports that 30% may be the upper limit target.The expectation that retail investors will stabilize the stock price stems from Musk&#39;s ability to attract a massive base of &#39;die-hard fans&#39; through his past track record—taking <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> (TSLA) from a niche electric vehicle brand to mass production and bringing it back from the brink; turning the advanced and costly Starlink into a sustainably profitable satellite network; and leading SpaceX to capture an 80% share of the commercial rocket launch market. Investors are equally confident in the success of Musk&#39;s latest IPO.Currently, Musk has handpicked roles for various investment banks, assembling the most prestigious distribution lineup in history: Bank of America (BAC) will handle domestic retail distribution in the U.S.; Morgan Stanley&#39;s (MS) E*Trade platform will target small to mid-sized retail investors; UBS (UBS) will expand into international markets; Citigroup (C) will assist with overseas distribution. Regarding regional markets, Mizuho (MFG) is responsible for the Japanese market; Barclays (BCS) will handle the UK; Deutsche Bank will cover Germany; and Royal Bank of Canada (RY) is responsible for Canada. However, these underwriters have not yet responded.SpaceX has not yet determined the final offering size or timeline. To date, the record for the world&#39;s largest IPO is held by Saudi Aramco, which listed on the Saudi Stock Exchange in 2019 and raised approximately $29 billion. The SpaceX IPO is expected to break this record.Find out more</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","BK4521":"英国银行股","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","LU0795875086.SGD":"JPMorgan Investment Funds - 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On March 26, Reuters reported that Elon Musk is discussing allocating as much as 30% of the SpaceX IPO to retail investors, a proportion more than three times the conventional level. Typically, public companies only allocate 5% to 10% of IPO shares to retail investors.The move is reportedly intended to leverage Musk's fervent fan base and loyal supporters to stabilize SpaceX's stock price following its listing.SpaceX IPO Set to Replicate the Grandeur of Google's Public DebutWith a potential valuation as high as $1.75 trillion, the SpaceX IPO could become one of the largest in history. Rowan Taylor, managing partner of Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, stated that this event is comparable to Google twenty years ago (GOOG) (GOOGL) when it went public, and market demand for the IPO is expected to be extremely robust.Reuters reported that Musk communicated this IPO allocation plan to Wall Street through SpaceX CFO Bret Johnsen, but the plan has not been finalized and is subject to change.Previously, tech media outlet The Information reported that the retail share could exceed 20%; Reuters now reports that 30% may be the upper limit target.The expectation that retail investors will stabilize the stock price stems from Musk's ability to attract a massive base of 'die-hard fans' through his past track record—taking Tesla (TSLA) from a niche electric vehicle brand to mass production and bringing it back from the brink; turning the advanced and costly Starlink into a sustainably profitable satellite network; and leading SpaceX to capture an 80% share of the commercial rocket launch market. Investors are equally confident in the success of Musk's latest IPO.Currently, Musk has handpicked roles for various investment banks, assembling the most prestigious distribution lineup in history: Bank of America (BAC) will handle domestic retail distribution in the U.S.; Morgan Stanley's (MS) E*Trade platform will target small to mid-sized retail investors; UBS (UBS) will expand into international markets; Citigroup (C) will assist with overseas distribution. Regarding regional markets, Mizuho (MFG) is responsible for the Japanese market; Barclays (BCS) will handle the UK; Deutsche Bank will cover Germany; and Royal Bank of Canada (RY) is responsible for Canada. However, these underwriters have not yet responded.SpaceX has not yet determined the final offering size or timeline. To date, the record for the world's largest IPO is held by Saudi Aramco, which listed on the Saudi Stock Exchange in 2019 and raised approximately $29 billion. The SpaceX IPO is expected to break this record.Find out more","news_type":1,"symbols_score_info":{"VCX":2,"DXYZ":2,"TSLA":2}},"isVote":1,"tweetType":1,"viewCount":1246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"allBottom":false,"essenBottom":false}