BBC News | SpaceX says it's worth $1.75tn as it targets largest stock market debut

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SpaceX has filed to price its shares at $135 each, valuing the company at roughly $1.75 trillion and targeting a $75 billion IPO—the largest ever—set to debut on Nasdaq on 12 June. The proposed valuation, far above its earlier $1.25 trillion estimate, would make SpaceX one of the world’s most valuable firms and could turn Elon Musk, who holds over 80 % of the stock, into a trillionaire, though the final price will be decided by market demand. The company reported $18.6 billion in revenue last year with a $4.9 billion loss, and a $4.7 billion revenue in the first quarter of this year with a $4.3 billion loss, while holding $102 billion in assets against $60.5 billion of debt. Beyond rockets and Starlink, SpaceX is heavily investing in AI, data‑centre and satellite projects, having recently acquired xAI, and the high valuation reflects expectations of future earnings from these ventures.

Read more: https://www.bbc.com/news/articles/cvgz237n40jo?at_medium=RSS&at_campaign=rss

#SpaceX #Nasdaq #SaudiAramco #ElonMusk

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NPR Topics: News | Elon Musk's SpaceX files paperwork for what's likely to be the biggest IPO in history by Maria Aspan

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Elon Musk’s SpaceX has filed confidential paperwork with the U.S. Securities and Exchange Commission to launch what could become the largest initial public offering ever, potentially raising about $80 billion and valuing the company at more than $1 trillion—enough to make Musk the world’s first trillion‑dollar billionaire. The filing shows that in the first quarter of this year SpaceX’s rocket‑launch segment lost $662 million and its AI unit lost nearly $2.5 billion, while its Starlink satellite‑internet business posted a $1.1 billion profit, leaving the firm with a $4.2 billion overall loss. Analysts see the IPO as a bellwether for the AI‑driven tech sector and a possible catalyst for a stalled public‑offering market, but warn that post‑IPO share prices often underperform and that the lofty valuation hinges heavily on confidence in Musk’s vision rather than current earnings.

Read more: https://www.npr.org/2026/05/20/nx-s1-5812731/elon-musk-spacex-ai-ipo

#ElonMusk #SpaceX #SaudiAramco #Starlink #SEC

qwant news | Inside The Record-Breaking Space X IPO: Why BlackRock Wants 13% - BlackRock (NYSE:BLK)

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Inside the record‑breaking SpaceX IPO, the company is poised to raise about $75 billion—over two and a half times the previous high set by Saudi Aramco—and it is already oversubscribed, with BlackRock seeking more than 13 % of the offering. Pre‑IPO markets value SpaceX at $2.5 trillion, based on $6 billion in revenue and a 417‑times‑sales multiple, while analysts project a long‑term valuation of $10‑30 trillion, driven largely by Starlink’s estimated $14 trillion worth. Meanwhile, South Korean investors are pushing margin loans on semiconductor stocks to a record $24 billion, a 140 % surge since early 2025, as hedgers bet heavily on the sector. In the United States, the SEC is moving toward allowing tokenized stocks to trade on decentralized crypto platforms, potentially reshaping the market with 24/7 trading. Lastly, Elon Musk’s SpaceX compensation will only vest if a million people live on Mars, underscoring his confidence in the company’s far‑reaching ambitions.

Read more: https://www.benzinga.com/crypto/cryptocurrency/26/05/52703861/inside-the-record-breaking-space-x-ipo-why-blackrock-wants-13

#BlackRock #SpaceX #SaudiAramco #Hyperliquid #ElonMusk #RonBaron #LeopoldAschenbrenner

Repubblica.it: Alert sulle scorte di petrolio: ai minimi del decennio. E in Asia non si trova il Gpl per cucinare

Dopo l'allarme dell’Aie sulla riduzione degli stock, si sono moltiplicati i commenti preoccupati, da Ubs ai ceo di Saudi Aramco ed Exxon. Il gas vitale per 3,4 miliardi di persone

Oil stock alert: at decade lows. And LPG for cooking isn’t being found in Asia.

Following the Aie’s warning about stock reductions, worried comments have multiplied, from UBS to the CEOs of Saudi Aramco and Exxon. Gas, vital for 3.4 billion people.

#SaudiAramco #Exxon

https://www.repubblica.it/economia/2026/05/18/news/alert_sulle_scorte_di_petrolio_minimi-425353053/

US Top News and Analysis | Asia's trillion-dollar titans are powering — and distorting — its fastest growing stock markets

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Asia’s two biggest equity markets are soaring on the back of a handful of AI‑linked semiconductor giants, raising alarm over the risks of extreme concentration. Taiwan’s Taiex has risen to record highs with Taiwan Semiconductor Manufacturing Co. (TSMC) now making up more than 40 % of the index, while South Korea’s Kospi has jumped over 80 % this year as Samsung Electronics and SK Hynix together account for a record 42 % of the benchmark. Analysts warn that this reliance on a narrow export‑driven sector makes both markets vulnerable to supply‑chain disruptions, geopolitical tensions, a slowdown in data‑center spending, and higher energy costs, while also inflating valuations that could unwind if the AI hardware boom falters; nevertheless, South Korea’s broader industrial base – including shipbuilding, defense and “K‑culture” – gives its rally a slightly more diversified underpinning than Taiwan’s, which is increasingly tied to TSMC and global semiconductor demand.

Read more: https://www.cnbc.com/2026/05/12/tsmc-samsung-sk-hynixs-south-korea-taiwan-stocks-ai-chipmakers-concentration-risk.html

#TSMC #SamsungElectronics #SKHynix #GoldmanSachs #TimMoe #NovoNordisk #SaudiAramco #

The state-owned oil giant Saudi Aramco reported a 25% increase in first-quarter net profit for 2026, supported by stronger oil prices compared to the same period last year.

https://dmarketforces.com/saudi-aramco-profit-surges-by-25-in-q1-2026/

#SaudiAramco

US Top News and Analysis | Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war

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Saudi Aramco reported a 26% year‑on‑year rise in first‑quarter 2026 adjusted net income, reaching $33.6 billion and surpassing analyst forecasts, with a 34% increase over the prior quarter. The surge was driven by its East‑West pipeline achieving full capacity of 7 million barrels per day, which helped offset the loss of nearly a billion barrels of oil caused by Iran’s blockade of the Strait of Hormuz. The company posted a gearing ratio of 4.8% and approved a $21.9 billion base dividend, up 3.5% year‑on‑year. Meanwhile, Brent crude futures rose about 1% to $101.29 per barrel and WTI settled at $95.42, reflecting heightened market tension as Iran fired missiles at the UAE and the U.S. targeted Iranian tankers.

Read more: https://www.cnbc.com/2026/05/10/saudi-aramco-q1-profit-jumps-26percent-as-key-pipeline-reaches-capacity.html

#SaudiAramco #AminNasser #East_Westpipeline #Iran #Brentcrude