Reformation took an atypical approach to catching investors’ attention on its pre-IPO roadshow, during which it pitched its fashion business to firms with the goal of selling shares. “Here’s a Ref babe in a bathtub to walk you through the business,” a male voice promises in a 30-minute prospectus video, viewed by Vogue Business, in…
SpaceX investors have swung from celebration to apparent concern in its first month as a publicly traded company. When shares in the firm, co-founded and led by Elon Musk, first became available for individuals to buy on the public stock market on 12 June, there was an investor frenzy. Although the company had decided to…
In this photo illustration, a Jersey Mike’s cup is displayed outside of Jersey Mike’s restaurant on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Sandwich chain Jersey Mike’s filed for an initial public offering on Thursday, reporting that its same-store sales cumulatively climbed 50% from 2020 through 2025. Jersey Mike’s plans…
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive…
A businessman with ties to Chinese military contractors was among the overseas investors who acquired stakes in SpaceX while it was still a private company. An entity linked to the Qatari royal family also took a stake. The new details come from a private investor list obtained by ProPublica that sheds light on a particularly…
Wall Street exhaled on Friday after SpaceX nailed its record-breaking debut. The success wiped away a week of anxiety over whether the market had the appetite to digest the biggest initial public offering in history. SpaceX closed up 19% at nearly $161 per share for a market value of more than $2.1 trillion, making it…
SpaceX, Elon Musk’s rocket and artificial intelligence company, capped the biggest-ever initial public offering by rising 20 percent in its trading debut on Friday, turning the world’s richest man into the first trillionaire and setting the stage for fast-growing A.I. companies to reach the stock market in a once-in-a-lifetime bonanza. SpaceX shares opened trading at…
SpaceX, which has contracts with NASA and other federal agencies, had long been something of a financial mystery. Last month, the company revealed a full picture of its finances for the first time in an I.P.O. prospectus. The company reported that it had lost more than $4.9 billion last year, compared with a $791 million…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SpaceX has raised $75bn in a record-breaking initial public offering, propelling Elon Musk’s AI-to-rockets group into the ranks of America’s biggest listed companies amid blockbuster investor demand. The group priced its 555.6mn shares at $135…
Available for over a year It’s not just about rockets. This week, Michelle, Rahul and Will explore one of the most anticipated stock market debuts in history: the SpaceX IPO. With a potential $1.75 trillion valuation and intense global investor interest, it’s widely tipped as one of the biggest market launches ever. But can the…
