SpaceX IPO Draws Billions in Orders From Middle Eastern Funds
SpaceX’s upcoming IPO is generating unprecedented buzz, with the company aiming for a $135 share price that would value the launch‑rocket maker at roughly $1.8 trillion. The offering includes about $75 billion of new equity, of which 30 % is earmarked for retail investors. Demand is soaring: Reuters reports $250 billion of orders, and Middle Eastern sovereign funds alone have signaled interest for $5‑10 billion. Passive index funds are also scrambling for allocation, fearing that the stock’s inclusion in benchmarks like the Nasdaq could drive a short‑term price surge. Prominent backers such as Prince Alwaleed bin Talal stand to profit, while lawmakers including Elizabeth Warren have lodged objections over Elon Musk’s 80 % voting power and overall governance. Bloomberg’s recent chart shows SpaceX trading at roughly 95 times revenue, dwarfing the 15‑20× multiples of recent tech IPOs. If the IPO proceeds as expected, it will embed SpaceX in millions of 401(k) and pension portfolios, amplifying exposure to Musk’s vision but also raising regulatory scrutiny. Retail investors must navigate lock‑up restrictions, and the market will watch closely for post‑IPO volatility and potential governance reforms.
Squawk Box Asia - 11-Jun-26
Squawk Box Asia opened with Sher Kang and Alicia Tan reporting a sharp market sell‑off triggered by a fresh wave of U.S. military strikes against Iran. The U.S. Central Command described the attacks as self‑defense, while President Trump and...
Oracle Lower; Hugo Boss Offer and Stitch Fix Outlook | Stock Movers
Oracle shares plunged more than 9% premarket despite a strong quarterly report and robust AI-driven growth after the company disclosed a much larger-than-expected $70 billion capital spending plan to build out data centers, largely to support OpenAI. The stock has...
The Signs Were All There | Mike Green on When Passive Flows Meet the Largest IPO in History
The video centers on how passive index investing has shifted from a background player to a market‑shaping force, especially as it intersects with the largest U.S. IPOs in history, such as the upcoming AI‑focused offerings from Anthropic and SpaceX. Mike...
SpaceX IPO Said to Be Significantly Oversubscribed
SpaceX is poised for a historic initial public offering that appears to be dramatically oversubscribed, with demand estimated at more than a quarter‑trillion dollars. Bloomberg reports that the book for institutional investors will close at 4 p.m. ET, and the company...
The Alarming Reason Warren Buffett Just Bought $10B of Google 🚨
Warren Buffett’s Berkshire Hathaway bought $10 billion of Alphabet shares as part of Google’s $80 billion private placement, bringing Berkshire’s total Alphabet stake to about $30 billion. The deal comes amid concerns that Google and other hyperscalers are burning through...
Apple Shares Slide During WWDC
Apple shares fell about 2% as investors reacted to WWDC announcements that included a new AI-powered Siri integrated across apps, an agent to auto-update compromised passwords, and plans to run more AI models on-device. Analysts said the demos showed meaningful...
Nvidia Up, Campbell's Gains, Eli Lilly Rises as 30% Weight Loss Sets High Bar for Obesity Drug...
Nvidia climbed about 1% after announcing a multi‑year pact with SK Hynix to design next‑generation AI memory chips and an expanded alliance with Hyundai to commercialize physical AI and robotics, with CEO Jensen Huang framing the tech selloff as a...
Warren Buffett Crushed the S&P 500
In a 1996 Berkshire Hathaway letter Warren Buffett endorsed low-cost index funds as the best way for most investors to own stocks. Yet historical performance from 1965–2025 shows Berkshire dramatically outpaced the S&P 500: the index returned roughly a 10%...
Stock Market This Week: AVGO & GOOGL Down, HPE On the Up
The weekly market wrap highlighted a tech‑driven sell‑off that erased most of the indices’ recent gains, with the Nasdaq down 4.5%, the S&P 2.5%, and the Dow slipping about one‑third of a percent. Broadcom, despite posting a 48% year‑over‑year revenue...
Why AI Chipmaker Stocks Are Taking a Dip
The video examines why shares of AI‑chip leaders Broadcom and Nvidia are slipping even as they project record‑high revenues. Broadcom reiterated a $100 billion AI‑chip sales target for the next fiscal year, yet its stock dropped after earnings. Nvidia enjoyed a brief...
Tech Earnings Hit Markets: AVGO & CRWD Selling Shakes AI Trade
Broadcom’s quarterly results, while showing massive AI-driven revenue growth and record free cash flow, fell slightly short of sky-high expectations and revealed margin pressure from a mix shift, sending the stock down roughly 12–13% and dragging semiconductor peers lower. That...
Francis Hunt: The Fiat Currency Collapse, 'Turbocharged' Stagflation & Monetary Metals
Francis Hunt argues that the current macro environment is engineered to accelerate a fiat‑currency collapse and usher in a period of turbocharged stagflation. He centers his analysis on South Korea, where the won is losing value while the KOSPI—dominated by...
Stocks Decline as US-Iran Clashes Drive Oil Higher | The Close 6/3/2026
The Bloomberg Close highlighted a multi‑front market pullback on June 3, 2026, as renewed U.S.–Iran hostilities lifted Brent crude toward the $100‑a‑barrel level and nudged the 10‑year Treasury yield higher. The rally in equities, which had set a record‑long weekly winning...
Squawk Box Asia - 04-Jun-26
The latest Squawk Box Asia aired on June 4, 2026, centering on the psychological barriers that prevent entrepreneurs and executives from launching new initiatives. Host emphasized that the “first step” is the most daunting yet pivotal moment for any venture,...