GE Aerospace declares $0.47 quarterly dividend
GE Aerospace (NYSE:GE) declared a quarterly dividend of $0.47 per share on its outstanding common stock.
GE Aerospace (NYSE:GE) declared a quarterly dividend of $0.47 per share on its outstanding common stock.
SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Elon Musk's acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by xAI to bridge its rapid cash drain. Bloomberg's Manuel Baigorri reports.
SpaceX shares are looking to bounce back on Tuesday after a three-day selloff wiped off more than $600 billion from the Elon Musk-led rocket and satellite company's market value. Shares are still up roughly 10% from its $135 initial public offering price. Pierre Ferragu of New Street Research says a cautious AI trade could be weighing on the stock. He speaks on "Bloomberg Surveillance."
SpaceX is selling investment-grade bonds for the first time to fund the company's AI ambitions following its record IPO. Ed Ludlow has more on "Bloomberg Open Interest."
Heather Pringle, CEO of the Space Foundation, discussed the impact of SpaceX's historic $75 Billion IPO on the broader space industry and investment landscape. She highlighted that SpaceX's public listing marks a significant milestone for a maturing space sector, demonstrating viable pathways to profitability through communications, launch services, and navigation technologies. she speaks with Romaine Bostick & Katie Greifeld on "The Close."
After months of waiting, SpaceX is now a public company. The stock climbed 31% above its offering price at at one point on the Nasdaq. Bloomberg's Yahaira Anand was there for opening bell and has more.
Veteran short seller James Chanos says the SpaceX mega IPO is a troubling sign for the broader markets. He says "we're going to shatter" records this year when it comes to IPOs. He speaks to Tom Keene and Scarlet Fu on "Bloomberg Money."
After months of waiting, SpaceX is now a public company. The stock climbed 31% above its offering price at at one point on the Nasdaq. Bloomberg's Yahaira Anand was there for opening bell and has more.
SpaceX CEO Elon Musk kicked off a dual-listed Nasdaq bell ringing ceremony in both New York and Texas on Friday, with a livestream event where he addressed SpaceX employees.
Elon Musk said he only gave SpaceX a less than 10% chance of succeeding. He spoke from Starbase, Texas via livestream and addressed SpaceX employees.