SpaceX, IPO
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June 5 (Reuters) - SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet's Google, locking in computing capacity as it prepares for its highly anticipated U.S.
SpaceX shared a 17-minute investor pitch from CFO Bret Johnsen for its upcoming IPO. He covers the rocket business, Starlink, AI, and more.
SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.
SpaceX's entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in passive fund inflows from the potential inclusion.
The soon-to-be-public company's size and quick inclusion into major market indexes are unprecendented.
Many current and former staffers have stakes valued at millions of dollars and will be able to tap them more easily after the rocket maker goes public.
By Echo Wang and Milana Vinn NEW YORK, June 3 (Reuters) - SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way.
Why some investors see SpaceX’s future in challenging Boeing and Airbus — as well as the airline industry — by flying Starship point-to-point across Earth.
Rocket Lab gives investors another way to play the space race.
Elon Musk will participate in a virtual chat at a private ASML conference next Thursday, according to internal documents seen by Business Insider.