The market is seeing a surge in new equity supply, highlighted by SPCX's record IPO and large secondary offerings from Alphabet and Meta Platforms. This influx is driven by hyperscaler capital expenditures expected to reach $800 billion by 2026, causing negative free cash flow for most except Microsoft. Meta is planning a $100 billion secondary offering after significant losses in its Metaverse investments. Such heavy equity issuance has historically signaled market tops, raising concerns for investors about potential market risks ahead.
Alphabet shares trade at USD 324.62 with a 1.26% gain on Pluang as of Oct 28, 2026 21:32 WIB. Meta Platforms is down 0.87% at USD 614.82, reflecting cautious sentiment despite its large secondary offering plans. SpaceX shares fell 3.04% to USD 144.07, showing some investor hesitation amid record IPO activity and heavy equity issuance in the market.
SpaceX currently holds $93.5 billion in cash and cash equivalents, about six times more than Tesla's $15.2 billion. Including short-term investments, SpaceX's total liquidity is around $100 billion, roughly 2.3 times Tesla's $43.5 billion. This posit...
Tesla's stock price rose above $400 for the first time since July, driven by speculation of a potential merger with SpaceX, although no formal agreement has been signed. The merger talks involve special committees from both companies, but approval re...
Tesla's stock closed up 4% at $407 following speculation about a possible merger with SpaceX, which Elon Musk supports and Wall Street sees as having a 52% chance. The merger could reshape shareholder value, with potential outcomes including a premiu...
Robert Reich, former Clinton Labor Secretary, called on Democrats to lay the groundwork for nationalizing SpaceX, citing its heavy reliance on government contracts, especially for Starlink services used by the Department of Defense. SpaceX, now a pub...
SpaceX's Q3 revenue jumped 161.4% to $14.575 billion, mainly fueled by its AI computing segment becoming the largest revenue source. Despite this growth, the company faces challenges with negative free cash flow and high capital expenditures exceedin...
