SpaceX is set to price its shares on June 11 and begin trading on June 12, aiming for a record $1.75 trillion valuation, making it the largest IPO ever. David Holtzman, former IBM chief scientist, offers three key filters for investors: explain the business simply, confirm real demand (highlighted by Starlink's 10 million subscribers and profitability), and only invest money you can afford to lose. Skepticism remains due to SpaceX's $4.9 billion loss last year and a Morningstar valuation 55% below the IPO price. Investors seeking less risk might consider index funds that will include SpaceX due to new Nasdaq and FTSE Russell rules, while cautious investors should watch for SpaceX's first earnings report, insider lockup expiry, and proof of demand for its AI product xAI's Grok.
Holzer & Holzer, LLC announced deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Graphic Packaging Holding Company, Immutep Limited, and Phreesia, Inc. These lawsuits allege misleading statements or no...
Holzer & Holzer, LLC announced deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Calix, AeroVironment, and Lucid Group. These lawsuits allege misleading statements or failure to disclose material facts...
Investor Jim Chanos challenged comparisons of SpaceX's IPO valuation to early tech giants like Amazon, Google, and Meta, noting SpaceX's valuation far exceeds those early multiples. Amazon went public at 3x revenues, Google at 7x, and Meta at 20x, wh...
Soligenix, a biopharmaceutical company, announced it is applying for funding from the Coalition for Epidemic Preparedness Innovations (CEPI) to develop a thermostable subunit vaccine targeting the Bundibugyo virus, a strain of Ebola. The vaccine leve...
The global surgical masks market, valued at $3.95 billion in 2024, is projected to grow at a 5.5% CAGR to reach $6.76 billion by 2034. Growth is driven by increased healthcare applications, rising infection control awareness, and more surgical proced...
