SpaceX has filed for an IPO that could value the company at $1.75 trillion or more. Several mutual funds and ETFs, including those managed by Baron Capital, Baillie Gifford, and Ark Invest, hold significant stakes in SpaceX, providing investors early access before the public offering. Notably, Baron Capital funds have the largest weightings, with Ron Baron predicting SpaceX could be worth up to $30 trillion in the future. Other major investors include Alphabet and Bank of America, which hold substantial private stakes in SpaceX.
The Schall Law Firm is investigating Exzeo Group, Inc. for potentially issuing false or misleading statements and failing to disclose important information to investors. This follows Exzeo's announcement of its Q1 2026 financial results on May 6, 202...
Baker Hughes has locked in multi-year contract extensions with Equinor to support offshore hydrocarbon production in the North Sea and expanded its offshore drilling operations in Brazil's Santos Basin through a contract extension with Petrobras. The...
Ford Motor Company announced the launch of Ford Energy, a subsidiary focused on large-scale battery storage systems for utilities, industrial clients, and AI data centers. Morgan Stanley valued this new division at $10 billion, projecting annual EBIT...
Bay Area Lyme Foundation raised $900,000 at its LymeAid 2026 gala to support research for better Lyme disease diagnostics and treatments. The event featured the inaugural Neil L. Spector, MD, Legacy Award recognizing transformative research, awarded ...
A class action lawsuit has been filed against Zoetis Inc. and certain officers, alleging they made false statements about the growth and market share of key products in the Companion Animal segment. The complaint claims Zoetis failed to disclose weak...
