SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said. The…
APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes the Middle East conflict could be nearing its end. U.S. crude oil futures for July delivery fell 1.65% to $86.26 per barrel, while August…
SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at the company’s Boca Chica complex, ahead of Starship’s eighth test flight which is targeted for March 3, from Starbase, near Brownsville, Texas, U.S. March 2, 2025. Kaylee Greenlee | Reuters For nearly two decades, some…
A new deal from Eaton gives investors exactly what they want: a leaner company with greater exposure to the AI data center boom. Auto parts manufacturer Dana has agreed to combine with Eaton’s lagging Mobility business in a deal that values the unit at $5.1 billion, the companies said on Thursday. The move not only…
SpaceX’s initial public offering this week is set to be the biggest ever in history, flooding the stock market with new shares that begs the question: where is the money going to come from? As far as Wall Street is concerned, the stock market has what it takes to absorb the new equity supply. In…
Gold bars are displayed in a photo illustration, reflecting recent movements in gold prices driven by inflation concerns and central bank policy outlooks in Brussels, Belgium, on December 23, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Gold fell to a fresh six-month low on Thursday as investors dump…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images Friday’s hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a “referendum” on Elon Musk’s leadership, according to market watchers. Musk’s eye-watering $1.75 trillion valuation target reflects a price-to-earnings…
Razer CEO Tan Min-Liang speaks onstage with CNBC’s Joanna Ossinger at Singapore’s Super AI convention on June 11, 2026. SuperAI 2026 Blockbuster public offerings from companies involved in the global artificial intelligence race could be an enduring feature of the industry, Min-Liang Tan, CEO at Singaporean gaming company Razer, said Thursday, ahead of a series…
CNBC’s Jim Cramer said Wednesday that one of the biggest risks facing the upcoming SpaceX IPO isn’t a lack of demand — it’s the possibility that too many investors are looking for a quick profit. “The speculators aren’t there for the long haul. They may not even be there for the afternoon,” the “Mad Money”…
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City. Michael M. Santiago | Getty Images As hostilities in the Middle East flare up again, investors are increasingly grappling with the possibility of a prolonged conflict and pricing in a “long grind.” The…
