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SpaceX plans $1.75T IPO amid big losses, governance risks, and caution urged for investors.

Market News
22 May 2026
Forbes
View Source
Bearish
pluang ai news

SpaceX is preparing for a record $1.75 trillion IPO on June 12 after merging with xAI and X/Twitter, combining space, satellite internet, and AI businesses. Despite Starlink's profitability, the overall company reported a $4.9 billion net loss in 2025 and a $41.3 billion accumulated deficit, with AI and space segments losing money. Major concerns include high valuation at 90 times revenue, declining Starlink subscriber revenue, growing AI losses, Elon Musk's 85% voting control, and an overly optimistic market size. Experts advise investors to avoid buying shares until well after the 180-day lockup period due to these risks.

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C-Lingo launches AI-powered platform to revolutionize Chinese learning in Vietnam.

C-Lingo launches AI-powered platform to revolutionize Chinese learning in Vietnam.

C-Lingo, a Hong Kong-based company, introduced a new AI-driven platform on May 23, 2026, to transform Chinese language education in Vietnam. The platform uses a unique "Connected Learning" model combining AI personalization and gamification to enhanc...

Others
Neutral
3 hours ago
Pentagon warns Japan of 2-year delays in Tomahawk missile deliveries amid US stockpile depletion.

Pentagon warns Japan of 2-year delays in Tomahawk missile deliveries amid US stockpile depletion.

The Pentagon has informed Japan that delivery of 400 Tomahawk cruise missiles, ordered in 2024 under a $2.35 billion deal, will face delays of up to two years. This is due to the US military prioritizing replenishment of missile stockpiles heavily us...

Market News
Bearish
4 hours ago
Bolivia shifts Bitcoin mining to sustainable, dollar-based model using idle gas plant amid currency crisis

Bolivia shifts Bitcoin mining to sustainable, dollar-based model using idle gas plant amid currency crisis

Bolivia's Bitcoin mining surged due to cheap subsidized gas, but this model was fragile amid currency devaluation and gas reserve depletion. Italian firm Alps and local partner Qurubiqa revived a dormant 127 MW gas plant in Cochabamba to run Bitcoin ...

Market News
Bullish
4 hours ago
Gold and copper miners under $45 offer bargains amid rising sovereign debt and strong bullion demand.

Gold and copper miners under $45 offer bargains amid rising sovereign debt and strong bullion demand.

Gold prices have reached new highs due to rising sovereign debt, a fluctuating dollar, and continued central bank buying. Major gold producers are selling at $3,500 to nearly $4,900 per ounce, but several gold and copper mining stocks trade below $45...

Market News
Bullish
4 hours ago
Bolivia repurposes idle power plant for sustainable Bitcoin mining amid gas subsidy cuts

Bolivia repurposes idle power plant for sustainable Bitcoin mining amid gas subsidy cuts

Bolivia is shifting its Bitcoin mining industry from relying on cheap, subsidized natural gas to a sustainable model by reviving a dormant 127 MW thermal power plant in Cochabamba. Italian firm Alps Blockchain, in partnership with local Qurubiqa, is ...

Market News
Bullish
4 hours ago
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