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SpaceX Sets IPO Record at $75 Billion Nasdaq Debut

SpaceX is raising $75 billion by selling 555.6 million shares at $135 each, making it the largest IPO on record ahead of its Nasdaq debut. The deal dwarfs all prior listings and could trigger index inclusion, passive fund buying, and a fresh wave of large tech IPOs.

CBI Arrests Corporate Executive in DGCA Drone Bribery Case

India's CBI arrested a senior executive of a major corporate group over alleged bribery involving DGCA approvals for drone imports. A DGCA public servant purportedly demanded payments from private persons in exchange for clearing pending applications for a private aerospace company. The case adds compliance and

SpaceX Targets $2 Trillion Valuation in Record IPO

SpaceX is targeting a $2 trillion valuation in what would be the largest IPO on record, with Elon Musk planning to sell only a small equity stake to raise $75 billion from public investors. The thin float structure preserves Musk's control while unlocking a historic capital raise that would reprice the private space

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Tag

aerospace

SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits

SpaceX is raising $75 billion by selling 555.6 million shares at $135 each, making it the largest IPO on record ahead of its Nasdaq debut. The deal dwarfs all prior listings and could trigger index inclusion, passive fund buying, and a fresh wave of large tech IPOs.

18d ago · 3 min · Markets

CBI Arrests Senior Executive of Major Corporate Group In Drone Import Bribery Case

India's CBI arrested a senior executive of a major corporate group over alleged bribery involving DGCA approvals for drone imports. A DGCA public servant purportedly demanded payments from private persons in exchange for clearing pending applications for a private aerospace company. The case adds compliance and

2mo ago · 1 min · Policy & Government

Musk’s SpaceX is shaping up as biggest IPO on record

SpaceX is targeting a $2 trillion valuation in what would be the largest IPO on record, with Elon Musk planning to sell only a small equity stake to raise $75 billion from public investors. The thin float structure preserves Musk's control while unlocking a historic capital raise that would reprice the private space

2mo ago · 1 min · Markets

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