United Statesspacetec

Bloomberg

SpaceX Said to Target $75 Billion in IPO at $135 Per Share

SpaceX is planning to offer shares at $135 apiece to raise $75 billion in its initial public offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. The rocket, satellite and artificial intelligence company aims to sell 555.6 million shares in the offering, the people said. Deliberations are ongoing and details of the IPO could still change before the terms are disclosed as soon as Wednesday, or even during the marketing process, they said, asking not to be identified as the information isn't public. The move adds to the unconventional aspects of a deal that's set to be the biggest ever listing. We get reaction from George Ferguson, Senior Aerospace Analyst for Bloomberg Intelligence.

Read more
Bloomberg

SpaceX Wants Fee Cut From Bankers Chasing $500 Million Windfall

Elon Musk's SpaceX is negotiating to pay razor-thin fees to Wall Street firms handling its IPO but banks are still likely to rake in about $500 million from the record-setting market debut. Musk's space and artificial-intelligence conglomerate is negotiating to pay less than 0.75% for the $75 billion it aims to drum up in an initial public offering this month, according to people with knowledge of the matter. Even at that low spread, it will likely amount to one of the biggest fee events ever for Wall Street firms that arrange public listings. The lead banks  Goldman Sachs Group Inc. and Morgan Stanley  are positioned to take in a bigger share of the fee pool than the other 21 brokers involved. For more, we speak with Sri Natarajan, Chief Wall Street Correspondent for Bloomberg News.

Read more
Bloomberg

SpaceX IPO Filing: The Key Numbers

SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and a super-voting share plan allowing Elon Musk to keep the company under his control. The rocket, satellite and artificial intelligence giant has reported a net loss of $4.28 billion on revenue of $4.69 billion for the first quarter. Some investors remain doubtful whether the sum of Musk's aspirations for SpaceX are worth valuing at as much as $2 trillion. Bloomberg's Charlie Wells discusses on "The Pulse with Francine Lacqua."

Read more
Bloomberg

The Race for Space Energy Dominance

Nuclear energy is heading to space, and fast. Oklo CEO Jake DeWitte joined Bloomberg Open Interest to explain why nuclear power is the only viable solution for lunar bases and deep space missions, how US policy is accelerating development, and why falling behind rivals like Russia and China could shape the future of space dominance.

Read more
Bloomberg

Inside the Space Defense Race

Space is becoming the next battlefield. York Space Systems CEO Dirk Wallinger joined Bloomberg Open Interest to explain how wartime urgency is reshaping defense technology and shifting from slow, expensive systems to rapid deployment, constant iteration, and scalable satellite networks. As demand surges from the Pentagon, the race to dominate space-based infrastructure is accelerating fast.

Read more

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.