Elon Musk is refuting a key detail in SpaceX IPO reports
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Companies including EchoStar and Rocket Lab saw their shares rise on a report that Elon Musk's aerospace company could be gearing up to go public.
An initial public offering would fuel speculation that Elon Musk might combine his tech empire under one roof.
The year 2025 started off red hot for startups going public, then things got complicated. Market froth, tariffs and the longest government shutdown on record combined to throw cold water on the IPO market. But that’s not quelling optimism about 2026.
On NSE, Meesho share price opened at ₹162 . 50 per share, 46.40% higher than the issue price of ₹111. The e-commerce company saw strong investor interest during its IPO, with QIBs subscribing 120.18 times.
EchoStar stock tracks SpaceX’s valuation because, in September, EchoStar announced a deal to sell its AWS-4 and H-block spectrum licenses to SpaceX. Spectrum—the frequencies over which wireless calls travel—is a finite resource that every mobile company needs.
This significant IPO will make ICICI Prudential AMC the fifth listed entity from the ICICI Group and the fifth asset management company (AMC) on Indian exchanges.
Prodocs Solutions' IPO, open from December 8 to 10, was subscribed 2.66 times. The ₹27.60 crore offer includes fresh share sales and an offer for sale, with a price band of ₹131 to ₹138 per share, targeting IT development and capital expenses.
Canada’s largest stock exchanges are atrophying, with the number of publicly traded companies shrinking for a fourth straight year even as the country’s stock benchmark soared past the S&P 500.
At Fortune Brainstorm AI in San Francisco, CoreWeave CEO Michael Intrator defended the company’s debt-heavy strategy and argued Wall Street is still catching up to its new cloud model.