Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

SpaceX files for Nasdaq IPO, reveals $4.3B Q1 loss and Bitcoin holdings.

Market News
20 May 2026
Crypto Briefing
View Source
Neutral
pluang ai news

SpaceX has filed for an IPO on Nasdaq under the ticker SPCX, disclosing $4.69 billion in Q1 revenue and a $4.28 billion net loss. The filing reveals Elon Musk’s control through a dual-class share structure and highlights SpaceX’s dominance in rocket launches and satellite internet. The company also disclosed holding 18,712 Bitcoins, adding a crypto element to the offering. SpaceX aims for a valuation around $1.75 trillion, reflecting its broad ambitions in space, AI, and infrastructure.

More News

Smart Powerr Corp. raises $2M in registered direct offering to expand energy solutions in China

Smart Powerr Corp. raises $2M in registered direct offering to expand energy solutions in China

Smart Powerr Corp., a Chinese energy technology firm specializing in waste energy recycling and energy efficiency, completed a $2 million registered direct offering by selling 4.5 million shares at $0.45 each. The funds will support the company's gro...

Company Fundamentals
Bullish
43 minutes ago
American Fusion reports Q1 2026 results post-Kepler merger, details reverse recapitalization accounting, and updates operations.

American Fusion reports Q1 2026 results post-Kepler merger, details reverse recapitalization accounting, and updates operations.

American Fusion Inc. filed its Q1 2026 financial results reflecting the consolidation with Kepler Fusion Technologies after their reverse merger in February 2026. The company reported a net loss of $669,750 for the quarter, increased operating expens...

Company Fundamentals
Neutral
1 hour ago
US Golden Dome missile defense plan faces criticism over cost and arms race risks.

US Golden Dome missile defense plan faces criticism over cost and arms race risks.

The US Golden Dome missile-defense system, designed to protect against ballistic, hypersonic, and cruise missiles, is under fire from Democrats and arms-control advocates. Critics warn it could cost over $1 trillion in 20 years, potentially trigger a...

Market News
Bearish
1 hour ago
Nike shares rise as energy prices fall and bond yields ease, boosting consumer stocks.

Nike shares rise as energy prices fall and bond yields ease, boosting consumer stocks.

Nike's stock climbed over 4% following a drop in crude oil prices and a slight decrease in long-term Treasury yields, which eased borrowing costs and improved market sentiment. The retreat in energy prices and bond yields helped revive confidence in ...

Market News
Bullish
2 hours ago
ZIM reports Q1 sales drop 30% and adjusted EBITDA down 60% amid shipping market weakness

ZIM reports Q1 sales drop 30% and adjusted EBITDA down 60% amid shipping market weakness

ZIM Integrated Shipping reported a 30% year-over-year sales decline to $1.40 billion in Q1 2026, missing expectations due to lower freight rates and an 8% drop in carried volume. Adjusted EBITDA fell 60% to $313 million with margins shrinking from 39...

Company Fundamentals
Bearish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App