Crypto traders are pricing SpaceX's pre-IPO perpetual futures at around $162, about 20% above the company's fixed IPO price of $135 per share, indicating strong investor interest ahead of its Nasdaq debut. However, this price is down from a peak of over $220 shortly after the futures launched in May. The IPO is reportedly four times oversubscribed, suggesting high demand. Despite this, experts note that the futures market's risk-tolerant traders are not overly bullish, implying that broader market enthusiasm may be moderate once actual trading begins. The futures decline aligns with a general drop in crypto prices during the same period.
GM is expanding into the fast-growing energy storage market by developing new sodium-ion batteries, which are cheaper and more durable than lithium-ion. This move targets rising demand driven by AI data centers and electrification across industries. ...
A Piper Sandler analyst claims Tesla has effectively solved the 'self-driving puzzle' with its Full Self-Driving (FSD) software, achieving Level 4 autonomy in most conditions. Despite skepticism around Tesla's autonomous-driving capabilities, the ana...
In 2026, two ETFs with opposite strategies show a clear performance gap: the AI-centric Roundhill Magnificent Seven ETF (MAGS) is down 0.45%, while the broad-market Defiance Large Cap ex-Mag 7 ETF (XMAG) is up 10.73%. MAGS concentrates on seven mega-...
Polymarket prices a 100% chance SpaceX will complete its IPO by June 30, targeting $135 per share to raise $75 billion. The IPO proceeds could fund Terafab, a massive chip manufacturing facility planned by SpaceX in collaboration with Tesla and Intel...
SpaceX is set to debut on Nasdaq with a $1.77 trillion valuation, alongside upcoming IPOs from AI firms Anthropic and OpenAI near $1 trillion each. These massive tech offerings could shift retail investors' money, potentially affecting major tech sto...
