Elon Musk's rocket company is spending big and losing money, raising questions about whether it can justify its valuation for its blockbuster initial public offering
Investors across Asia are turning to space-related stocks, sector ETFs and Nasdaq 100 funds to gain indirect exposure to potential gains from the SpaceX IPO
The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion
Zepto's updated IPO papers show founders Aadit Palicha and Kaivalya Vohra received ED summons under FEMA, with the company also flagging regulatory risks to investors
SpaceX is planning to sell 555.6 million shares at a fixed price $135 per share. This will raise $75 billion and value the company at $1.77 trillion.
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With restrictions in parts of Asia on how retail investors may access the IPO, traders are scoping out regional suppliers to ride the SpaceX-driven rally
The UDRHP revealed ED asked Zepto's founders to provide information related to foreign and overseas investments, audited financial statements since FY21, shareholding patterns, loans and guarantees.
The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out, CEO Aravind Srinivas said
ChatGPT-maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, making itself the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts. The company said Monday it has filed confidential paperwork with the US Securities and Exchange Commission. "We expect it to leak so we're just announcing it," the company said in a written statement. "We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it's a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best." OpenAI's move follows its rival Anthropic 's June 1 disclosure that it is also moving toward an initial public offering of shares. Both are now following Elon Musk's space company SpaceX, which has started an IPO roadshow pitching itself as an AI-focused space company. OpenAI CEO Sam Altman first publicly floa
Zepto has filed its updated draft papers with Sebi for a proposed ₹10,000 crore IPO, with the proceeds earmarked for expansion, technology investments and business growth
Carlsberg is working with Kotak Mahindra Capital Co. and the local units of JPMorgan Chase & Co. and Citigroup Inc. on the proposed share sale
Paras Healthcare Ltd, which operates hospitals under the 'Paras Health' brand, has filed preliminary papers with capital markets regulator Sebi to raise up to Rs 1,800 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 500 crore and an Offer-For-Sale (OFS) of equity shares worth up to Rs 1,300 crore by the selling shareholder, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares include promoter Dharminder Kumar Nagar and other investors. The Gurugram-based company intends to utilise the proceeds from the fresh issue towards prepayment or repayment of certain outstanding borrowings, investment in its wholly-owned subsidiary PMHPL for its debt payment, and for general corporate purposes. Paras Healthcare is a clinical specialty-led hospital platform providing tertiary and quaternary healthcare services through a network of eight hospitals with an aggregate capacity of
It currently holds a 60 per cent stake in Hindustan Coca-Cola Holdings after Indian conglomerate Jubilant Bhartia Group completed the purchase of a 40 per cent stake in the bottler in 2025
SpaceX is targeting a valuation of at least $1.8 trillion in its IPO, potentially making it the largest public offering in history
Kent received regulatory clearance last June for a public listing comprising an offer for sale by existing shareholders, including Chairman and Managing Director Mahesh Gupta
After slashing debt and narrowing losses, API Holdings is prioritising profitability over expansion as it revives long-term IPO ambitions for PharmEasy
Stocks such as Anlon Healthcare, Jaro Institute, VMS TMT, Shree Ram Twistex and Glottis are down in the range of 50 to 80 per cent, as per data shared by PRIME Database.
Reliance Industries' planned listing of its digital arm Jio Platforms could be delayed to the second half of fiscal 2027 due to geopolitical tensions in the Middle East, CreditSights said on Wednesday. In its commentary on FY26 earnings of India's most valuable company, CreditSights said the management in the earnings call shared that "the Jio IPO was imminent." Earlier market rumors reported that the IPO could come as early as May, with Reliance looking to shed 2.5-3 per cent stake from its existing 67 per cent stake in Jio for close to USD 4 billion (Rs 37,500 crore). "We believe the Mideast conflict may delay Jio's IPO towards the second half of the year," CreditSights, part of the Fitch Group, said. "A Jio IPO will raise cash for debt repayment and capex, and improve Jio's competitiveness against rivals Bharti and Vodafone Idea." Reliance reported 2025-26 (FY26) revenue and EBITDA growth of 10 per cent and 8 per cent year-on-year, respectively, with retail and telecom continuin
MakeMyTrip is reportedly evaluating IDR route over a traditional IPO as it looks to access Indian investors while managing tax exposure, regulatory complexity in its offshore structure