Musk Wants SpaceX to Go Public. Here's How It Works
Elon Musk is pushing SpaceX toward an initial public offering, with the company slated to file its S‑1 registration statement with the SEC this week. The filing will trigger a multi‑month roadshow, including a special event for 1,500 retail investors in June, as SpaceX courts institutional and individual buyers. Choosing between the NYSE and Nasdaq, the firm will work with investment banks to set a debut price that maximizes capital while preserving aftermarket demand. The IPO could reshape the aerospace sector’s market cap and set a benchmark for other high‑growth tech firms.
Anthropic's Shadow IPO Market Is Already Flashing Trillion-Dollar Prices
Anthropic remains a private AI startup, but a new shadow‑IPO market now tracks its valuation on a public‑style ticker. Forge’s private‑company price sheet listed Anthropic at $264.57 per share as of May 15, 2026, giving investors a rare glimpse into demand for...
Netflix’s Greg Peters on Why It Walked Away From the Warner Bros. Discovery Deal
Netflix co‑CEO Greg Peters explained why the company abandoned its $82.7 billion bid for Warner Bros. Discovery, citing a valuation that exceeded the benefit to members. The decision triggered a $2.8 billion termination fee but underscored Netflix’s focus on organic growth through...
Blackrock Eyes SpaceX Stake as Musk Pulls IPO Forward to June
Elon Musk has accelerated SpaceX's initial public offering to June 11, with trading set to begin on Nasdaq the following day under the ticker SPCX. The company is targeting a valuation between $1.75 trillion and $2 trillion, which could raise as much...
PFC Board Clears Next Step for REC Merger, Seeks Govt Approval
Power Finance Corporation (PFC) board approved seeking the President’s approval for its merger with REC Limited. The deal will use a share‑exchange ratio set by appointed valuers, and the merged entity will retain government‑company status. With the government holding 55.9%...
SpaceX Is Reportedly Getting Ready to Go Public as Early as June
SpaceX is accelerating its initial public offering, aiming for a Nasdaq debut as early as June 12, with a roadshow slated to start June 4 and a share sale by June 11. The company hopes to raise up to $75 billion, targeting a $1.75 trillion...
Aditya Birla Group to Invest ₹4,730 Crore in Vodafone Idea
Aditya Birla Group announced a $500 million equity infusion into Vodafone Idea (Vi) through fully convertible warrants worth ₹4,730 crore. The move brings the group’s cumulative investment in Vi to roughly $3.3 billion, underscoring its commitment to the distressed telecom operator. The infusion follows a...
IDBI Bank to Raise up to ₹10,000 Crore via Long-Term Rupee Bonds in FY27
IDBI Bank’s board approved a private‑placement of up to ₹10,000 crore (≈ $1.2 bn) in long‑term rupee bonds to be issued by March 2027. The move follows a 16% YoY rise in net advances to ₹2.54 trn (≈ $30.5 bn) and a 12% YoY increase in deposits...
Elon Musk Says He Isn’t Selling His SpaceX Shares as IPO Looms
Elon Musk told followers on X that he will not sell any of his SpaceX shares as the company prepares to file for an initial public offering as early as next week. Bloomberg reports that SpaceX is targeting a valuation...
NextEra Energy Is Said to Be in Talks to Acquire Dominion
NextEra Energy is reportedly in talks to acquire Dominion Energy in a primarily stock transaction. The deal is designed to expand capacity for the surging electricity demand from data centers. Talks are at an early stage, with a potential announcement...
NextEra and Dominion in Talks over Tie-Up to Create $400bn US Utility Giant
U.S. power giants NextEra Energy and Dominion Energy are in advanced talks to combine their operations, potentially forming a utility company worth roughly $400 billion. The proposed tie‑up would merge NextEra’s renewable‑focused generation portfolio with Dominion’s extensive transmission and regulated assets,...
Hotel Renovation Locks In $103M: The Los Angeles Deal Sheet
National Core secured a $103 million financing package to redevelop the Ontario Airport Hotel and Conference Center into a 295‑room Hyatt Regency. The capital structure blends $26 million in tax‑exempt C‑PACE bonds with $77 million in tax‑exempt mortgage revenue bonds, underwritten by J.P. Morgan...
What You Need to Know About Nvidia Competitor Cerebras After Wild IPO
Cerebras Systems went public with a market value just under $100 billion, making it one of the largest tech IPOs ever. The company’s flagship WSE‑3 ASIC, a dinner‑plate‑sized chip built on TSMC’s 5‑nanometer process, is marketed for high‑speed AI inference. Cerebras...
Houlihan Lokey’s One Conference Plays Deals Matchmaker
At an investment‑banking conference in New York, Houlihan Lokey highlighted its One Conference platform, positioning it as a real‑time matchmaker for mid‑market deals. The event also spotlighted a high‑profile AI chip IPO projected to raise roughly $1.2 billion, drawing significant investor...
City Sounds Alarm on £40bn Foreign M&A Offensive Targeting ‘Cheap’ UK Firms
A wave of foreign take‑private bids has targeted UK‑listed firms worth about $51 billion this year, pushing the total value of offers above $55 billion. High‑profile deals include a $3.4 billion offer for Tate & Lyle by US ingredient maker Ingredion and EQT’s $13.5 billion...
Newcore Announces Upsized $15 Million Bought Deal
Newcore Gold Ltd. announced an upsized $15 million bought‑deal financing, increasing the offering from $10 million to 28.3 million common shares priced at C$0.53 each, with closing expected by May 28, 2025. The proceeds will fund exploration and development of the Enchi Gold Project in...
Seraya Partners Considers Sale, IPO for Offshore Wind Firm Cyan Renewables
Singapore‑based private equity firm Seraya Partners is exploring a dual‑track process for its offshore wind services subsidiary Cyan Renewables, weighing a sale or an initial public offering. The marine‑energy operator, valued at up to $2 billion, generates more than $100 million in...
Mahanadi Coalfields Gets Govt Nod for IPO; Coal India to Dilute up to 25% Stake
The Indian government has cleared the proposal to list Mahanadi Coalfields Limited (MCL) via an IPO, allowing Coal India Limited (CIL) to dilute up to 25% of its stake. The approval enables CIL to sell shares through an offer‑for‑sale and...
Catalyst IR Handles Mobix's Potential Deal for SPD
Mobix Labs, represented by Catalyst IR, has signed a non‑binding letter of intent to acquire Special Project Delivery LLC (SPD), a privately held platform with holdings in U.S. rare‑earth properties. The proposed transaction aims to bolster Mobix’s ability to supply...
Genco Shipping in Fresh Rejection of Takeover Offer From Diana
Genco Shipping & Trading's board unanimously rejected Diana Shipping's $23.50‑per‑share takeover bid for the second time in two months. The offer, revived on May 4 as a direct tender to shareholders, mirrors the March proposal that was also turned down. Advising...
SpaceX Stock: Should You Buy the Biggest IPO Ever?
The global space economy is projected to reach roughly $1 trillion by 2034, according to market‑research firm Novaspace. SpaceX’s latest internal valuation sits between $1.75 trillion and $2 trillion, positioning it far above any recent public offering. At that valuation, an IPO could...
Secondaries Volume Down Year-on-Year in Q1, but Remains ‘Resilient’: PJT Partners
Private secondaries market volume slipped 11% YoY to about $40 bn in Q1 2026, according to PJT Partners. Despite the dip, GP‑led transactions continued to dominate, accounting for roughly 55% of activity, while LP‑led deals held steady at $18 bn. Continuation vehicles...
Exclusive: Scripbox Plans Rs 170 Cr Debt and Equity Raise; Gears up for IPO
Bengaluru‑based wealth‑tech platform Scripbox announced plans to raise up to Rs 170 cr (≈$20 million) through a mix of equity and debt. The equity tranche of Rs 60 cr (≈$7.2 million) will come from friends‑and‑family investors, while Rs 110 cr (≈$13.3 million) of debt is earmarked to finance the...
Aveanna Expects ‘Zero Impact’ From Home Health Moratorium
Aveanna Healthcare Holdings announced that the recent Medicare enrollment moratorium for home health and hospice will have "zero impact" on its operations and financial guidance. The company is progressing toward closing its $175.5 million acquisition of Family First Homecare in late...
SpaceX $75B Initial Public Offering (IPO) May Need Big Positive Impact From Starship Flight 12 : Analysis
SpaceX is positioning a $1.75‑$2 trillion IPO, with the upcoming Starship Flight 12 serving as a critical proof point. The test, scheduled for no earlier than May 19 from Texas’s Orbital Launch Pad 2, will be the first flight of the V3 Starship, featuring...
Cerebras Risked It All on Dinner Plate-Sized AI Accelerators a Decade Ago. Today It’s Worth $66 Billion
Cerebras Systems completed a blockbuster IPO on Thursday, raising $5.55 billion and debuting with a market valuation exceeding $66 billion. The company’s wafer‑scale engines—giant chips the size of a dinner plate—have evolved from the first‑gen WSE to the current WSE‑3, delivering up...
Cerebras Stock Nearly Doubles on Day One as AI Chipmaker Hits $100 Billion — What It Means for AI Infrastructure
Cerebras Systems went public on Nasdaq at $350 per share, nearly double its $185 IPO price, instantly achieving a $100 billion market value. The company sold 30 million shares, raising $5.55 billion, the largest U.S. tech IPO since Uber in 2019. Its wafer‑scale...
Morningstar DBRS Confirms Credit Ratings on Capital Street Master Trust Series 2025-1
Morningstar DBRS confirmed an AAA (sf) rating for the $450 million Class A Series 2025‑1 Asset‑Backed Notes and an AA (sf) rating for the $25 million Class B notes issued by Capital Street Master Trust Series 2025‑1. The notes are collateralized by a revolving pool of...
Cerebras Opens at $385. IPO Price Was $185 Raising $5.5B at the IPO Price
Cerebras Systems debuted on Nasdaq at $385 per share, more than double its $185 IPO price, delivering a 108% first‑day gain. The offering raised $5.55 billion, valuing the AI‑chip maker at over $100 billion on a fully diluted basis. Cerebras’ wafer‑scale engine,...
New England Mutual Banks Partner but It’s ‘Not an Acquisition’
Mascoma Bank of New Hampshire and Androscoggin Bank of Maine announced they will merge their parent companies into a new mutual holding company called ClearNorth Financial. The partnership, not an acquisition, will combine roughly $4.8 billion in assets while each bank...
Alpaca Introduces US IPO Access via Broker API
Alpaca has launched US IPO access through its Broker API, enabling broker partners to let retail clients place conditional orders on upcoming American listings. The rollout arrives as 2025 US IPO activity surged to roughly $47.4 billion across 216 deals, a...
Ingredion Makes $3.7B Offer to Buy Ingredients Rival Tate & Lyle
Ingredion has tabled a £2.7 billion (≈ $3.7 billion) offer to acquire UK‑based Tate & Lyle, proposing up to 615 pence per share – a 64% premium to the previous close. The bid must be formalised by June 11 under UK takeover rules, after several prior...
BluSky AI Inc. Announces Launch of Regulation A+ Offering to Accelerate U.S. AI Infrastructure Expansion
BluSky AI Inc. announced a Regulation A+ offering that lets individual and accredited investors participate with as little as $1,000. The capital will fund the rollout of more than ten modular AI Factory sites across the United States, targeting a combined...
Bloomberg: Leveraged Lending Insights – 5/11/2026
U.S. leveraged loan issuances surged to $34.75 billion through April 13, marking the first week since February that launches topped $30 billion. The market, which had stalled amid Iran‑related geopolitical tension and AI‑driven volatility, saw weekly volumes spike to nearly $57 billion in mid‑January...
A Defining Moment for Central Asia
Uzbekistan’s National Investment Fund is set to launch an IPO that could reshape investor perception of Central Asia. The fund manages $2.4 billion in assets and is being valued at $1.95 billion, roughly a 20 % discount to book. Proceeds are expected to...
Tommy Bahama Miramonte Resort & Spa Refinances
The 215‑key Tommy Bahama Miramonte Resort & Spa in Indian Wells, California, completed a competitive refinancing led by RobertDouglas for a Lowe‑sponsored joint venture. The property, which opened in late 2023 and underwent a major renovation in early 2025, features...
Elemental Royalty to Buy Vizsla Royalties in $239M Deal
Elemental Royalty announced a $239 million acquisition of Vizsla Royalties, offering a 31% premium and a mix of cash and Elemental shares. The deal secures a 2‑3.5% uncapped net smelter return royalty on Vizsla’s Panuco silver‑gold project in Jalisco, which is...
Akamai to Acquire AI and Browser Security Firm LayerX for $205 Million
Akamai announced an all‑cash acquisition of LayerX for roughly $205 million. LayerX, a startup focused on AI‑driven browser security, brings a platform that monitors user and agentic activity across browsers, apps, and IDEs. The deal, expected to close in Q3 2026, adds...
CSN Receives Non-Binding Bids for Cement Division Sale
Companhia Siderúrgica Nacional (CSN) has received non‑binding offers for its cement division, with the initial bid deadline passing on May 9. The unit is estimated to be worth more than BRL 10 bn (about US$2 bn), and Morgan Stanley is advising the sale. Domestic...
Offshore Wind vs Data Centres: Battle for Capital Is on, Says Key Bank
Japan’s Mitsubishi UFJ Financial Group (MUFG) warns that offshore wind is now facing stiff competition from data‑centre projects for the same pool of capital. The bank notes that Europe’s offshore wind sector must broaden its lender base and craft financing...
SPC Global Holdings Launches $100m Raising to Cut Debt and Reset Balance Sheet
SPC Global Holdings (ASX: SPG) announced a fully underwritten $100 million (≈US$66 million) equity raise, split between a $2.9 million placement and a $97.1 million entitlement offer. The proceeds will slash net leverage from 3.9× to about 1.1× by end‑2025 and fund debt reduction,...
Cerebras Systems to Raise $5.55 Billion in Year’s Largest U.S. IPO So Far
Cerebras Systems announced an upsized initial public offering of 30 million shares at $185 each, raising $5.55 billion – the largest U.S. IPO of 2026 so far. The pricing exceeds the company’s earlier guidance of $150‑$160 per share. Underwriters received a 30‑day...
$300 Billion AI Debt Binge Spreads From Wall Street to Tokyo
Alphabet Inc. is finalizing a $17 billion bond offering while simultaneously preparing a yen‑denominated debt sale, adding to a multi‑currency borrowing spree that will total roughly $60 billion in four months. The tech giant has already tapped investors in euros, Canadian dollars,...
GoPro, Inc. Retains Houlihan Lokey to Pursue Strategic Alternatives, Including Sale
GoPro, Inc. has engaged investment bank Houlihan Lokey to act as financial advisor while it evaluates a potential sale and other strategic alternatives. The move follows a May 11 announcement that the company received unsolicited interest from parties in the defense, consumer...
Brown-Forman Has Rejected Sazerac’s $15 Billion Takeover Bid: Report
Brown‑Forman has turned down Sazerac’s roughly $15 billion acquisition proposal, which valued the whiskey maker at $32 per share. The rejection follows Pernod Ricard’s withdrawal, leaving Brown‑Forman without a suitor for now. Sazerac, a private family‑owned group, would have combined its extensive...
PE-Backed GMR Goes Public
GMR, a Lewisville, Texas provider of emergency medical services backed by private equity, has completed an initial public offering and begun trading on the Nasdaq. The IPO provides the company with fresh capital to accelerate its national footprint and invest...
908 Devices Inc. Acquires NIRLAB AG
908 Devices Inc., a leader in handheld real‑time chemical analyzers, announced the acquisition of Swiss AI‑driven spectroscopy firm NIRLAB AG. The deal, advised by Cooley LLP on corporate and capital‑markets matters, adds NIR‑based narcotics detection to 908 Devices' portfolio. NIRLAB’s...
Financings for May 13, 2026
Researchers at Daping Hospital in China demonstrated that delivering the rare APOE3‑Christchurch variant directly to the liver can protect against Alzheimer’s pathology, expanding therapeutic focus beyond the brain. In Switzerland, scientists sequenced the first complete hantavirus genome from a cruise‑ship...
Assertio Accepts New Buyout Bid; AI Biotech Isomorphic Banks $2B
Assertio Holdings rejected Garda Therapeutics’ $21.80‑per‑share offer and accepted a superior bid from Zydus Worldwide, which values the company at $23.50 per share, roughly $166.4 million, with no financing contingencies. The board expects the transaction to close in Q2, positioning Assertio’s...
Airbus, Blackstone to Join €600 Million Quantum Systems Funding
Airbus SE and Blackstone Inc. are negotiating to become lead investors in a €600 million ($703 million) financing round for Quantum Systems, a German drone startup backed by Peter Thiel. The round could value the company at up to €7 billion (about $8.2 billion). Existing...