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sharmasatish
06-03
Can I apply through this app
SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says
sharmasatish
05-13
Sorry Cerebras systems
Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand
sharmasatish
05-13
Can I apply cerebral systems IPO
Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand
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I apply through this app","listText":"Can I apply through this app","text":"Can I apply through this app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/571052210308400","repostId":"2640218719","repostType":2,"repost":{"id":"2640218719","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780465925,"share":"https://ttm.financial/m/news/2640218719?lang=en_US&edition=fundamental","pubTime":"2026-06-03 13:52","market":"us","language":"en","title":"SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2640218719","media":"Reuters","summary":"SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...","content":"<html><head></head><body><p style=\"text-align: left;\">June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.</p><p style=\"text-align: left;\">The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.</p><p style=\"text-align: left;\">The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.</p><p style=\"text-align: left;\">SpaceX aims to set records and break tradition with the public offering.</p><p style=\"text-align: left;\">A fixed price ahead of presentations to investors and bookbuilding is highly unusual.</p><p style=\"text-align: left;\">Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.</p><p style=\"text-align: left;\">SpaceX's roadshow begins on Thursday. It earlier held some "testing the waters" meetings with investors.</p><p style=\"text-align: left;\">The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.</p><p style=\"text-align: left;\">There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.</p><p style=\"text-align: left;\">"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers and is also sensible given the market conditions and the lack of comparables," Chen said.</p><p class=\"t-img-caption\"><img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/><span></span></p><p style=\"text-align: left;\">A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut</p><h2 style=\"text-align: left;\"><strong>MISSION: MARS AND SPACE DATA CENTERS</strong></h2><p style=\"text-align: left;\">Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.</p><p style=\"text-align: left;\">The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.</p><p style=\"text-align: left;\">Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.</p><p style=\"text-align: left;\">The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.</p><p style=\"text-align: left;\">Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.</p><p style=\"text-align: left;\">Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.</p><p style=\"text-align: left;\">SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.</p><p style=\"text-align: left;\">The company has no direct peers, making valuing the company subject to interpretation.</p><p class=\"t-img-caption\"><img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/><span></span></p><p style=\"text-align: left;\">SpaceX’s trillion-dollar IPO bid targets Wall Street elite</p><p style=\"text-align: left;\">Morningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of that comes from its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.</p><p style=\"text-align: left;\">SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.</p><p style=\"text-align: left;\">At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.</p><p style=\"text-align: left;\">On the same basis, space company Rocket Lab (RKLB.O)<span>, opens new tab</span> is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O)<span>, opens new tab</span> at 81, and Tesla (TSLA.O)<span>, opens new tab</span> at nearly 17.</p><p style=\"text-align: left;\">SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.</p><h2 style=\"text-align: left;\"><strong>MEGA IPO WAVE</strong></h2><p style=\"text-align: left;\">The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in market capitalization to public markets and intensify competition for investor dollars.</p><p style=\"text-align: left;\">For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.</p><p style=\"text-align: left;\">"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around," said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.</p><p style=\"text-align: left;\">Still, two of SpaceX's three businesses are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.</p><p style=\"text-align: left;\">SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.</p><p style=\"text-align: left;\">In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.</p><p class=\"t-img-caption\"><img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/><span></span></p><p style=\"text-align: left;\">Chart compares SpaceX revenue with that of Big Tech companies</p><p style=\"text-align: left;\">Since a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.</p><p style=\"text-align: left;\">SpaceX is aiming to trade on the Nasdaq under the ticker symbol "SPCX." The debut is expected on June 12, two of the sources said.</p><p style=\"text-align: left;\">Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.<br/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-06-03 13:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.</p><p style=\"text-align: left;\">The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.</p><p style=\"text-align: left;\">The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.</p><p style=\"text-align: left;\">SpaceX aims to set records and break tradition with the public offering.</p><p style=\"text-align: left;\">A fixed price ahead of presentations to investors and bookbuilding is highly unusual.</p><p style=\"text-align: left;\">Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.</p><p style=\"text-align: left;\">SpaceX's roadshow begins on Thursday. It earlier held some "testing the waters" meetings with investors.</p><p style=\"text-align: left;\">The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.</p><p style=\"text-align: left;\">There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.</p><p style=\"text-align: left;\">"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers and is also sensible given the market conditions and the lack of comparables," Chen said.</p><p class=\"t-img-caption\"><img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/><span></span></p><p style=\"text-align: left;\">A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut</p><h2 style=\"text-align: left;\"><strong>MISSION: MARS AND SPACE DATA CENTERS</strong></h2><p style=\"text-align: left;\">Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.</p><p style=\"text-align: left;\">The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.</p><p style=\"text-align: left;\">Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.</p><p style=\"text-align: left;\">The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.</p><p style=\"text-align: left;\">Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.</p><p style=\"text-align: left;\">Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.</p><p style=\"text-align: left;\">SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.</p><p style=\"text-align: left;\">The company has no direct peers, making valuing the company subject to interpretation.</p><p class=\"t-img-caption\"><img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/><span></span></p><p style=\"text-align: left;\">SpaceX’s trillion-dollar IPO bid targets Wall Street elite</p><p style=\"text-align: left;\">Morningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of that comes from its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.</p><p style=\"text-align: left;\">SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.</p><p style=\"text-align: left;\">At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.</p><p style=\"text-align: left;\">On the same basis, space company Rocket Lab (RKLB.O)<span>, opens new tab</span> is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O)<span>, opens new tab</span> at 81, and Tesla (TSLA.O)<span>, opens new tab</span> at nearly 17.</p><p style=\"text-align: left;\">SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.</p><h2 style=\"text-align: left;\"><strong>MEGA IPO WAVE</strong></h2><p style=\"text-align: left;\">The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in market capitalization to public markets and intensify competition for investor dollars.</p><p style=\"text-align: left;\">For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.</p><p style=\"text-align: left;\">"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around," said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.</p><p style=\"text-align: left;\">Still, two of SpaceX's three businesses are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.</p><p style=\"text-align: left;\">SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.</p><p style=\"text-align: left;\">In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.</p><p class=\"t-img-caption\"><img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/><span></span></p><p style=\"text-align: left;\">Chart compares SpaceX revenue with that of Big Tech companies</p><p style=\"text-align: left;\">Since a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.</p><p style=\"text-align: left;\">SpaceX is aiming to trade on the Nasdaq under the ticker symbol "SPCX." The debut is expected on June 12, two of the sources said.</p><p style=\"text-align: left;\">Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.<br/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU2999663052.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A4P\" (SGD) INC","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","BK4579":"人工智能","LU0306806265.USD":"SCHRODER ISF GLOBAL DIVIDEND MAXIMISER \"A\" ACC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0106831901.USD":"贝莱德世界金融基金A2","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BK4574":"无人驾驶","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","BK4581":"高盛持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","LU0149725797.USD":"汇丰美国股市经济规模基金","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU0174119429.USD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"A\" ACC","LU2063271972.USD":"富兰克林创新领域基金","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU2462591350.SGD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU2637965513.SGD":"BGF GLOBAL ALLOCATION \"A10\" (SGDHDG) INC","LU0823414478.USD":"法巴经典能源转换基金","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX's roadshow begins on Thursday. It earlier held some \"testing the waters\" meetings with investors.The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.\"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers and is also sensible given the market conditions and the lack of comparables,\" Chen said.A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debutMISSION: MARS AND SPACE DATA CENTERSMusk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of that comes from its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.MEGA IPO WAVEThe listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.\"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,\" said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.Still, two of SpaceX's three businesses are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol \"SPCX.\" The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.","news_type":1,"symbols_score_info":{"SPCX":2,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":1342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":563592362922344,"gmtCreate":1778628993004,"gmtModify":1778636398582,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Sorry Cerebras systems ","listText":"Sorry Cerebras systems ","text":"Sorry Cerebras systems","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563592362922344","repostId":"1108122995","repostType":2,"repost":{"id":"1108122995","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1778625821,"share":"https://ttm.financial/m/news/1108122995?lang=en_US&edition=fundamental","pubTime":"2026-05-13 06:43","market":"us","language":"en","title":"Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1108122995","media":"Tiger Newspress","summary":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the...","content":"<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-05-13 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108122995","content_text":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.\nThe company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.\nWhen including the overallotment option, or \"greenshoe,\" Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.\nThe sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.\nDemand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":563592234193328,"gmtCreate":1778628950850,"gmtModify":1778636398591,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Can I apply cerebral systems IPO","listText":"Can I apply cerebral systems IPO","text":"Can I apply cerebral systems IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563592234193328","repostId":"1108122995","repostType":2,"repost":{"id":"1108122995","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1778625821,"share":"https://ttm.financial/m/news/1108122995?lang=en_US&edition=fundamental","pubTime":"2026-05-13 06:43","market":"us","language":"en","title":"Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1108122995","media":"Tiger Newspress","summary":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the...","content":"<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-05-13 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108122995","content_text":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.\nThe company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.\nWhen including the overallotment option, or \"greenshoe,\" Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.\nThe sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.\nDemand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":563592362922344,"gmtCreate":1778628993004,"gmtModify":1778636398582,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Sorry Cerebras systems ","listText":"Sorry Cerebras systems ","text":"Sorry Cerebras systems","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563592362922344","repostId":"1108122995","repostType":2,"repost":{"id":"1108122995","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1778625821,"share":"https://ttm.financial/m/news/1108122995?lang=en_US&edition=fundamental","pubTime":"2026-05-13 06:43","market":"us","language":"en","title":"Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1108122995","media":"Tiger Newspress","summary":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the...","content":"<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-05-13 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108122995","content_text":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.\nThe company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.\nWhen including the overallotment option, or \"greenshoe,\" Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.\nThe sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.\nDemand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":563592234193328,"gmtCreate":1778628950850,"gmtModify":1778636398591,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Can I apply cerebral systems IPO","listText":"Can I apply cerebral systems IPO","text":"Can I apply cerebral systems IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563592234193328","repostId":"1108122995","repostType":2,"repost":{"id":"1108122995","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1778625821,"share":"https://ttm.financial/m/news/1108122995?lang=en_US&edition=fundamental","pubTime":"2026-05-13 06:43","market":"us","language":"en","title":"Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1108122995","media":"Tiger Newspress","summary":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the...","content":"<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCerebras Systems Sets IPO Price Guidance Above Initial Range Amid Strong Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-05-13 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.</p>\n<p>The company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.</p>\n<p>When including the overallotment option, or "greenshoe," Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.</p>\n<p>The sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.</p>\n<p>Demand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108122995","content_text":"Cerebras Systems Inc. has informed potential investors that it anticipates pricing its initial public offering above the upper limit of its marketed price range, sources with knowledge of the situation have indicated. This move reflects surging investor demand for the artificial intelligence chipmaker's shares.\nThe company is offering 30 million shares in the IPO, with a price range of $150 to $160 per share. This follows an upward revision of both the price range and the share count on Monday. At the top of this range, the offering would raise approximately $4.8 billion, positioning it to become the largest IPO of the year, excluding deals that include private placements.\nWhen including the overallotment option, or \"greenshoe,\" Cerebras's IPO could potentially approach the scale of Arm Holdings Plc's $5.23 billion offering in 2023, which stands as the largest semiconductor listing on record in the United States, according to data from Bloomberg.\nThe sources cautioned that discussions are still ongoing and the final details of the offering are subject to change. They requested anonymity as the information is not yet public. A representative for Cerebras declined to provide any comment on the matter.\nDemand for the IPO has been robust, with orders reportedly exceeding the available shares by more than twenty times, according to individuals familiar with the book-building process. The final pricing for the offering is scheduled for May 13, based on the deal terms reviewed by Bloomberg News.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":571052210308400,"gmtCreate":1780448870480,"gmtModify":1780450895432,"author":{"id":"4167372621519922","authorId":"4167372621519922","name":"sharmasatish","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4167372621519922","idStr":"4167372621519922"},"themes":[],"title":"","htmlText":"Can I apply through this app","listText":"Can I apply through this app","text":"Can I apply through this app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/571052210308400","repostId":"2640218719","repostType":2,"repost":{"id":"2640218719","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1780465925,"share":"https://ttm.financial/m/news/2640218719?lang=en_US&edition=fundamental","pubTime":"2026-06-03 13:52","market":"us","language":"en","title":"SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2640218719","media":"Reuters","summary":"SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people...","content":"<html><head></head><body><p style=\"text-align: left;\">June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.</p><p style=\"text-align: left;\">The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.</p><p style=\"text-align: left;\">The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.</p><p style=\"text-align: left;\">SpaceX aims to set records and break tradition with the public offering.</p><p style=\"text-align: left;\">A fixed price ahead of presentations to investors and bookbuilding is highly unusual.</p><p style=\"text-align: left;\">Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.</p><p style=\"text-align: left;\">SpaceX's roadshow begins on Thursday. It earlier held some "testing the waters" meetings with investors.</p><p style=\"text-align: left;\">The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.</p><p style=\"text-align: left;\">There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.</p><p style=\"text-align: left;\">"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers and is also sensible given the market conditions and the lack of comparables," Chen said.</p><p class=\"t-img-caption\"><img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/><span></span></p><p style=\"text-align: left;\">A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut</p><h2 style=\"text-align: left;\"><strong>MISSION: MARS AND SPACE DATA CENTERS</strong></h2><p style=\"text-align: left;\">Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.</p><p style=\"text-align: left;\">The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.</p><p style=\"text-align: left;\">Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.</p><p style=\"text-align: left;\">The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.</p><p style=\"text-align: left;\">Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.</p><p style=\"text-align: left;\">Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.</p><p style=\"text-align: left;\">SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.</p><p style=\"text-align: left;\">The company has no direct peers, making valuing the company subject to interpretation.</p><p class=\"t-img-caption\"><img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/><span></span></p><p style=\"text-align: left;\">SpaceX’s trillion-dollar IPO bid targets Wall Street elite</p><p style=\"text-align: left;\">Morningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of that comes from its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.</p><p style=\"text-align: left;\">SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.</p><p style=\"text-align: left;\">At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.</p><p style=\"text-align: left;\">On the same basis, space company Rocket Lab (RKLB.O)<span>, opens new tab</span> is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O)<span>, opens new tab</span> at 81, and Tesla (TSLA.O)<span>, opens new tab</span> at nearly 17.</p><p style=\"text-align: left;\">SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.</p><h2 style=\"text-align: left;\"><strong>MEGA IPO WAVE</strong></h2><p style=\"text-align: left;\">The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in market capitalization to public markets and intensify competition for investor dollars.</p><p style=\"text-align: left;\">For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.</p><p style=\"text-align: left;\">"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around," said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.</p><p style=\"text-align: left;\">Still, two of SpaceX's three businesses are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.</p><p style=\"text-align: left;\">SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.</p><p style=\"text-align: left;\">In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.</p><p class=\"t-img-caption\"><img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/><span></span></p><p style=\"text-align: left;\">Chart compares SpaceX revenue with that of Big Tech companies</p><p style=\"text-align: left;\">Since a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.</p><p style=\"text-align: left;\">SpaceX is aiming to trade on the Nasdaq under the ticker symbol "SPCX." The debut is expected on June 12, two of the sources said.</p><p style=\"text-align: left;\">Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.<br/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX Plans to Set IPO Price at $135 Per Share, Targeting Record $75 Billion Raise, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-06-03 13:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.</p><p style=\"text-align: left;\">The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.</p><p style=\"text-align: left;\">The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.</p><p style=\"text-align: left;\">SpaceX aims to set records and break tradition with the public offering.</p><p style=\"text-align: left;\">A fixed price ahead of presentations to investors and bookbuilding is highly unusual.</p><p style=\"text-align: left;\">Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.</p><p style=\"text-align: left;\">SpaceX's roadshow begins on Thursday. It earlier held some "testing the waters" meetings with investors.</p><p style=\"text-align: left;\">The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.</p><p style=\"text-align: left;\">There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.</p><p style=\"text-align: left;\">"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers and is also sensible given the market conditions and the lack of comparables," Chen said.</p><p class=\"t-img-caption\"><img alt=\"A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut\" src=\"https://community-static.tradeup.com/news/fcd610340704a11d8fe5f5548e742d34\" data-align=\"center\" tg-width=\"1420\" tg-height=\"1190\"/><span></span></p><p style=\"text-align: left;\">A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debut</p><h2 style=\"text-align: left;\"><strong>MISSION: MARS AND SPACE DATA CENTERS</strong></h2><p style=\"text-align: left;\">Musk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.</p><p style=\"text-align: left;\">The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.</p><p style=\"text-align: left;\">Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.</p><p style=\"text-align: left;\">The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.</p><p style=\"text-align: left;\">Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.</p><p style=\"text-align: left;\">Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.</p><p style=\"text-align: left;\">SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.</p><p style=\"text-align: left;\">The company has no direct peers, making valuing the company subject to interpretation.</p><p class=\"t-img-caption\"><img alt=\"SpaceX’s trillion-dollar IPO bid targets Wall Street elite\" src=\"https://community-static.tradeup.com/news/c408f11790db714a4bb4bbf1822744cc\" data-align=\"center\" tg-width=\"1474\" tg-height=\"990\"/><span></span></p><p style=\"text-align: left;\">SpaceX’s trillion-dollar IPO bid targets Wall Street elite</p><p style=\"text-align: left;\">Morningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of that comes from its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.</p><p style=\"text-align: left;\">SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.</p><p style=\"text-align: left;\">At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.</p><p style=\"text-align: left;\">On the same basis, space company Rocket Lab (RKLB.O)<span>, opens new tab</span> is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O)<span>, opens new tab</span> at 81, and Tesla (TSLA.O)<span>, opens new tab</span> at nearly 17.</p><p style=\"text-align: left;\">SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.</p><h2 style=\"text-align: left;\"><strong>MEGA IPO WAVE</strong></h2><p style=\"text-align: left;\">The listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in market capitalization to public markets and intensify competition for investor dollars.</p><p style=\"text-align: left;\">For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.</p><p style=\"text-align: left;\">"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around," said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.</p><p style=\"text-align: left;\">Still, two of SpaceX's three businesses are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.</p><p style=\"text-align: left;\">SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.</p><p style=\"text-align: left;\">In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.</p><p class=\"t-img-caption\"><img alt=\"Chart compares SpaceX revenue with that of Big Tech companies\" src=\"https://community-static.tradeup.com/news/3da32f7f494a39a54fdf9c296eb8a2b6\" data-align=\"center\" tg-width=\"1420\" tg-height=\"482\"/><span></span></p><p style=\"text-align: left;\">Chart compares SpaceX revenue with that of Big Tech companies</p><p style=\"text-align: left;\">Since a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.</p><p style=\"text-align: left;\">SpaceX is aiming to trade on the Nasdaq under the ticker symbol "SPCX." The debut is expected on June 12, two of the sources said.</p><p style=\"text-align: left;\">Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.<br/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU2999663052.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A4P\" (SGD) INC","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","BK4579":"人工智能","LU0306806265.USD":"SCHRODER ISF GLOBAL DIVIDEND MAXIMISER \"A\" ACC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0106831901.USD":"贝莱德世界金融基金A2","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BK4574":"无人驾驶","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","BK4581":"高盛持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","LU0149725797.USD":"汇丰美国股市经济规模基金","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU0174119429.USD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"A\" ACC","LU2063271972.USD":"富兰克林创新领域基金","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU2462591350.SGD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU2637965513.SGD":"BGF GLOBAL ALLOCATION \"A10\" (SGDHDG) INC","LU0823414478.USD":"法巴经典能源转换基金","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.SpaceX aims to set records and break tradition with the public offering.A fixed price ahead of presentations to investors and bookbuilding is highly unusual.Companies planning to go public typically set a price range to frame valuation expectations and allow pricing to be adjusted based on investor demand. Strong demand can push the final price to the top of the range, or above it, ahead of the market debut.SpaceX's roadshow begins on Thursday. It earlier held some \"testing the waters\" meetings with investors.The company's plans, including the size of the raise, are subject to change as investor meetings get under way, the sources cautioned.There is no rule banning SpaceX's unconventional plan for setting a fixed price for the IPO, said Weiheng Chen, a senior partner in Hong Kong at U.S. law firm Wilson Sonsini Goodrich & Rosati.\"Musk is simply taking a 'take-it-or-leave-it' approach which works for his followers and is also sensible given the market conditions and the lack of comparables,\" Chen said.A bubble chart showing the relative size of the biggest IPOs in the U.S. and their earnings at the time of debutMISSION: MARS AND SPACE DATA CENTERSMusk has rewritten the IPO playbook for SpaceX in many other ways, from planning to give retail investors a larger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control.The company's valuation relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.Reuters previously reported that the company is considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche aimed at tapping into Musk's cult-like following and broadening ownership of the company.The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Musk will be required to hold his SpaceX shares for 366 days after the IPO, one of the sources said, a signal to investors of his commitment to the company.Proceeds of the IPO will be used for purposes including expanding AI computing resources and SpaceX's satellite network, the source added.SpaceX merged with Musk's AI startup xAI earlier this year in a deal that valued the rocket company at $1 trillion and the developer of the Grok AI chatbot at $250 billion.The company has no direct peers, making valuing the company subject to interpretation.SpaceX’s trillion-dollar IPO bid targets Wall Street eliteMorningstar placed a $780 billion price tag on SpaceX, 48% below its current private-market valuation, according to a June 1 research note. Most of that comes from its Starlink satellite communications business, which drove most of its revenue, profits and growth last year.SpaceX, however, has tied most of its growth prospects to AI, and its plans rely on yet-to-be-built technologies for a significant portion of future revenue, including solar-powered data centers in space, as it targets a potential $28.5 trillion market, Reuters previously reported.At a $1.75 trillion valuation with the company booking revenue of $18.67 billion in 2025, SpaceX would trade at a trailing price-to-revenue multiple of 93.7 times.On the same basis, space company Rocket Lab (RKLB.O), opens new tab is trading on a multiple of 118, data analytics firm Palantir Technologies (PLTR.O), opens new tab at 81, and Tesla (TSLA.O), opens new tab at nearly 17.SpaceX cannot be evaluated on a price-to-earnings basis as it reported a net loss last year.MEGA IPO WAVEThe listing is expected to kick off a wave of mega IPOs, with SpaceX, OpenAI and Anthropic together poised to add almost $4 trillion in market capitalization to public markets and intensify competition for investor dollars.For many investors, the bet is as much on Musk as on SpaceX. His track record at electric-vehicle company Tesla and his ability to galvanize retail traders could likewise spur strong demand for shares, as his reputation has done for past ventures.\"When you're the most anticipated IPO ever, you can ask investors to adapt to your process rather than the other way around,\" said Craig Coben, former Bank of America co-head Asia-Pacific global capital markets, referring to SpaceX's unusual approach to the IPO.Still, two of SpaceX's three businesses are burning cash, with only its connectivity segment, home to the Starlink satellite constellation, generating profits and widely viewed as the company's cash cow.SpaceX revenue rose to $4.69 billion in the three months ended March 31 from $4.07 billion a year ago. Losses widened to $1.27 per share versus 18 cents per share over the same period.In 2025, it swung to a net loss of $4.94 billion from a profit of $791 million.Chart compares SpaceX revenue with that of Big Tech companiesSince a large part of SpaceX's pitch to investors hinges on Musk, some corporate governance concerns could give investors pause, experts have said. Measures, including a dual-class share structure laid out in the IPO prospectus, concentrate voting power in the hands of Musk and a small group of insiders.SpaceX is aiming to trade on the Nasdaq under the ticker symbol \"SPCX.\" The debut is expected on June 12, two of the sources said.Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are the joint book-running managers for the offering, leading a syndicate of global investment banks underwriting the deal.","news_type":1,"symbols_score_info":{"SPCX":2,"GSX":0.6}},"isVote":1,"tweetType":1,"viewCount":1342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}