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SpaceX plans largest IPO ever with $2T valuation despite financial and growth risks

Market News
28 May 2026
Seeking Alpha
View Source
Neutral
pluang ai news

SpaceX is preparing for the largest IPO in history, aiming for a $2 trillion valuation. The company is a complex mix of its space business, Starlink connectivity, and AI ventures like xAI. While Starlink's revenue growth is slowing and adjusted EBITDA rose only 29% despite doubling subscribers, the AI deal with Anthropic could add significant revenue if executed well. However, the IPO valuation appears highly inflated, with risks from capital expenditures and uncertain future growth, potentially leading to overpayment by investors.

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Court dismisses bank petition to seize Havila Shipping assets in appeal case

Court dismisses bank petition to seize Havila Shipping assets in appeal case

Borgarting Court of Appeal has ruled against the petition by DNB Bank ASA, Swedbank AB, and Danske Bank to seize certain assets of Havila Shipping ASA. This dismissal means Havila Shipping retains control over the disputed assets, which could impact ...

Market News
Bullish
3 hours ago
Norwegian court rejects banks' asset arrest request against Havila Shipping.

Norwegian court rejects banks' asset arrest request against Havila Shipping.

Borgarting Court of Appeal in Norway has denied the request by DNB Bank, Swedbank, and Danske Bank to arrest assets of Havila Shipping ASA. This decision follows earlier filings by the banks seeking to secure claims against the company. The ruling me...

Market News
Neutral
3 hours ago
Insurance analytics market to reach $72.39B by 2035, driven by AI, cloud, and fraud detection tech.

Insurance analytics market to reach $72.39B by 2035, driven by AI, cloud, and fraud detection tech.

The global insurance analytics market is projected to grow from USD 17.60 billion in 2025 to USD 72.39 billion by 2035, at a CAGR of 15.19%. Growth is fueled by the adoption of AI, cloud computing, and big data, which help insurers reduce fraud, unde...

Market News
Bullish
4 hours ago
Micron stock surges as analysts raise price targets above $1,500 on strong AI-driven memory demand.

Micron stock surges as analysts raise price targets above $1,500 on strong AI-driven memory demand.

Micron Technology's stock is gaining momentum with several analysts sharply increasing their price targets, some forecasting levels above $1,500. This optimism is driven by tightening memory supply, rising prices, and strong demand for high-bandwidth...

Analyst Insights
Bullish
4 hours ago
Solana rebounds above $82 as ETF assets surpass $1 billion, showing strong institutional demand amid volatility.

Solana rebounds above $82 as ETF assets surpass $1 billion, showing strong institutional demand amid volatility.

Solana (SOL) briefly dropped below $82 before rebounding above $86, highlighting its volatility and active dip-buying interest. Despite a weekly decline, trading volume rose over 7%, signaling resilient spot activity. ETF assets for Solana have surpa...

Market News
Neutral
4 hours ago
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