SpaceX’s IPO is reported to have drawn demand for more than four times the shares on offer as the Elon Musk-led rocket, satellite and AI company nears the close of its order book.

IPOs for companies like SpaceX and Anthropic have some retirees worried, but experts overall agree these IPOs will have limited impact on 401(k)s.

By Anhata Rooprai and Jaspreet Singh June 11 (Reuters) - SpaceX's market debut on Friday is expected to be the largest-ever IPO, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and internet beamed from orbit and which now targets space-based AI.

A huge change is coming to the world’s booming artificial intelligence (AI) sector. Starting with Elon Musk’s SpaceX, with OpenAI and Anthropic preparing to follow, all three private companies are set to sell shares of their stock to the general public for the first time.

Elon Musk’s rocket company SpaceX will make its debut on Wall Street on Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece.

June 5 (Reuters) - SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet's Google, locking in computing capacity as it prepares for its highly anticipated U.S.

The dot-com guardrails are being dismantled just as SpaceX and Anthropic go public, experts warn. Your retirement account could feel it.

In a June 4 post on X, Park said he does not believe Bitcoin is falling because Strategy sold 32 BTC. Instead, he argued that investors are rotating capital into what he described