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SpaceX holds $637M in Bitcoin ahead of historic $75B IPO targeting $1.75T valuation.

Market News
18 May 2026
Finbold
View Source
Bullish
pluang ai news

SpaceX, founded by Elon Musk, is preparing for what could be the largest IPO ever, aiming to raise $75 billion with a $1.75 trillion valuation. The company holds 8,285 Bitcoin worth about $637 million, maintaining this position since mid-2022 after reducing from a peak of 28,000 coins. SpaceX's Bitcoin holdings have generated an unrealized profit of over $360 million through various market cycles. The IPO is set for June 12, 2026, with the public filing expected around May 20 and a roadshow starting June 8, positioning SpaceX to join other major public companies accumulating Bitcoin.

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BellRing Brands faces investigation over alleged misleading sales growth claims causing 33% stock drop.

BellRing Brands faces investigation over alleged misleading sales growth claims causing 33% stock drop.

Moore Law, PLLC is investigating BellRing Brands, Inc. for allegedly misrepresenting its sales growth as driven by increased consumer demand, while it was actually due to key customers stockpiling inventory. The company reportedly downplayed competit...

Market News
Bearish
22 minutes ago
Progyny insider sells 5,500 shares worth $137,000, signaling possible insider activity.

Progyny insider sells 5,500 shares worth $137,000, signaling possible insider activity.

An insider at Progyny (PGNY) sold 5,500 shares valued at $137,000. Insider sales can indicate the insider's personal financial decisions or a signal about the company's future prospects. Investors often watch such moves closely to gauge confidence le...

Market News
Neutral
2 hours ago
TALON and Smart Data Solutions expand UAPA repricing to more health plans via SDS clearinghouse

TALON and Smart Data Solutions expand UAPA repricing to more health plans via SDS clearinghouse

TALON and Smart Data Solutions (SDS) have deepened their partnership to extend TALON's Universal Repricer and UAPA™ pricing technology across SDS's EDI clearinghouse. This expansion allows more health plans, TPAs, and self-funded employers to apply e...

Market News
Bullish
3 hours ago
Class action lawsuits filed against CALX, AVAV, ZTS, and LCID for alleged misleading statements on business prospects.

Class action lawsuits filed against CALX, AVAV, ZTS, and LCID for alleged misleading statements on business prospects.

Law Offices of Howard G. Smith announced class action lawsuits against Calix, AeroVironment, Zoetis, and Lucid Group for allegedly making false or misleading statements about their business conditions and prospects during specific periods in 2025 and...

Market News
Bearish
3 hours ago
Identiv's stock drops 30% amid IoT business sale and $40M buyback plan amid legal scrutiny.

Identiv's stock drops 30% amid IoT business sale and $40M buyback plan amid legal scrutiny.

Identiv is selling its Internet of Things (IoT) business and Thai subsidiary to focus on acquiring software companies. The announcement caused its stock to drop over 30%, hitting a 52-week low of $2.48. A UBS analyst set a $3.10 price target, suggest...

Market News
Bearish
4 hours ago
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