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SpaceX (NASDAQ: SPCX) IPO Priced at $135 Opens 30% Higher, Valuation Nears $2.3 Trillion on Debut

SpaceX (NASDAQ: SPCX) made its long-awaited Nasdaq debut on Friday after pricing its initial public offering at $135 per share, a transaction that surpassed all prior IPO records in terms of total capital raised. Pre-market data indicated the stock was set to open around …

Nitish Kishor | 12 June 2026

SpaceX (NASDAQ: SPCX) xAI Merger Positions Elon Musk as Only Vertically Integrated AI and Space Company

SpaceX (NASDAQ: SPCX) completed its merger with xAI, the artificial intelligence company founded by Elon Musk and known for the Grok large language model, in February 2026. The combination creates a publicly listed entity that analysts have described as structurally unique, spanning proprietary rocket …

Nitish Kishor | 12 June 2026

SpaceX (NASDAQ: SPCX) Bull vs Bear: Oppenheimer Sets $190 Target as Morningstar Calls Stock Overvalued at $63

SpaceX (NASDAQ: SPCX) has attracted one of the widest analyst valuation gaps in recent IPO history, with the most bullish brokerage target implying meaningful upside from the offer price while the most cautious independent assessment sits at a fraction of the listing figure. The …

Nitish Kishor | 12 June 2026

Vornado Realty Trust (NYSE:VNO) Completes $1.1bn Acquisition of 49% Stake in Park Avenue Plaza

Vornado Realty Trust (NYSE:VNO) announced it has completed its previously announced acquisition of a 49% interest in Park Avenue Plaza, a 45-story, 1.2 million rentable square foot office building located at 55 East 52nd Street in Manhattan.

Nitish Kishor | 12 June 2026

Tesla (NASDAQ: TSLA) Shares Rally as SpaceX (NASDAQ: SPCX) IPO Amplifies Elon Musk's Cross-Portfolio Market Premium

Tesla (NASDAQ: TSLA) shares advanced in trading around the SpaceX (NASDAQ: SPCX) initial public offering, demonstrating the cross-portfolio correlation that has become a defining feature of investing in companies associated with Elon Musk. The positive sentiment generated by the landmark SpaceX listing flowed through …

Nitish Kishor | 12 June 2026

SpaceX IPO (NASDAQ: SPCX) at $75B Raises Elon Musk Net Worth Above $1 Trillion in Historic Market Debut

SpaceX (NASDAQ: SPCX) completed its initial public offering on the Nasdaq, raising approximately $75 billion in a transaction that ranks among the largest in capital markets history. The listing elevated founder Elon Musk's total estimated net worth above $1 trillion, establishing him as the …

Nitish Kishor | 12 June 2026

KLA Corporation (NASDAQ: KLAC) Stock Soars 13% Ahead of 10-for-1 Stock Split as AI Demand Drives Higher Targets

KLA Corporation (NASDAQ: KLAC) delivered one of the strongest performances in the semiconductor sector on Thursday, climbing nearly 13% and approaching its 52-week high as investors positioned themselves ahead of the company's highly anticipated 10-for-1 stock split, which becomes effective Friday morning.

Nitish Kishor | 12 June 2026

MetaOptics IPO: Tiny Revenue, Massive Growth Puts MOT in Focus

Companies that come to market with minimal revenue but explosive growth occupy a distinctive and high-risk corner of the IPO landscape. The dramatic growth rate can capture attention, but the tiny revenue base underscores how early-stage the business is and how much remains to …

Nitish Kishor | 10 June 2026

Forbright IPO: Financial Services Platform Eyes Thursday Market Debut

Financial services platforms operate in an environment shaped by the broader economy, interest rates, and the dynamics of lending and credit. Forbright’s solid reported revenue and steady growth make it a notable candidate for a public debut. Market attention has turned to the company’s …

Nitish Kishor | 10 June 2026

Parabilis IPO Prices Above Range: Can Biotech Investors Absorb PBLS Risk?

Parabilis Medicines Inc. (NASDAQ:PBLS) priced 33.5 million shares at $20 each, above the expected $17 to $19 range. The company had already increased the size of the offering from 25 million shares earlier in the process, suggesting stronger institutional interest than initially expected. Its …

Nitish Kishor | 10 June 2026
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