Initial Public Offering (IPO)
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Elon Musk’s SpaceX lines up banks to lead mega-IPO
BusinessLine· 2026-01-23 04:45
Core Viewpoint - SpaceX is preparing for its initial public offering (IPO), aiming to raise over $30 billion and achieve a valuation of approximately $1.5 trillion, marking it as the largest IPO to date [1][3]. Group 1: IPO Details - SpaceX has selected four banks—Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley—to lead its IPO [1][2]. - Additional banks are in discussions for roles in the IPO, but no final decisions have been made yet [2]. - The company is currently conducting an insider share sale that values it at around $800 billion [3]. Group 2: Regulatory Compliance - SpaceX has informed its employees to enter a quiet period regarding the IPO, which is a regulatory requirement prior to the public listing [4].
GalaxyEdge Acquisition Corp(GLEDU) - Prospectus
2026-01-23 01:07
As filed with the U.S. Securities and Exchange Commission on January 22, 2026 Registration No. 333-290899 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GALAXYEDGE ACQUISITION CORPORATION (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) ...
SpaceX Has Gathered IPO Bankers. This Telecom Stock Is Rising.
Barrons· 2026-01-22 21:39
Shares of satellite communications provider EchoStar are like the proverbial canary in the coal mine for judging expectations for the most hotly anticipated initial public offering of the year: SpaceX. ...
SpaceX Recruiting Four Wall Street Investment Banks For IPO, Report Says
Forbes· 2026-01-22 18:35
Core Insights - SpaceX is preparing for a potential initial public offering (IPO) that could be one of the largest in history, with a projected valuation of $1.5 trillion [1][2] - The company is currently valued at $800 billion based on existing share sales, as reported by multiple sources [2] Group 1: IPO Details - Four major Wall Street banks, including Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, are reportedly leading the IPO efforts [1] - The IPO could occur in 2026, according to investor insights, which may significantly increase the wealth of CEO Elon Musk [2] Group 2: Historical Context - The largest IPO to date was Saudi Aramco's in December 2019, which raised approximately $29 billion and valued the company at $2.03 trillion [3] Group 3: Future Aspirations - Elon Musk expressed ambitious goals for SpaceX, including advancing rocket technology for human exploration of the Moon and Mars, during a recent appearance at the World Economic Forum [4]
Elon Musk’s SpaceX Lines Up Banks to Lead Mega-IPO
Yahoo Finance· 2026-01-22 17:24
Photographer: Chandan Khanna/AFP/Getty Images SpaceX has lined up four banks to lead its initial public offering, according to people familiar with the matter, as Elon Musk’s rocket and satellite firm moves forward with plans for the biggest-ever listing. The company sees Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley in senior roles, the people said, asking not to be identified as the information isn’t public. Most Read from Bloomberg The Financial Times repo ...
Elon Musk's SpaceX Gears Up For Hottest IPO - Boeing (NYSE:BA), Bank of America (NYSE:BAC)
Benzinga· 2026-01-22 17:23
Core Viewpoint - SpaceX is preparing for a potential initial public offering (IPO) that could become the largest in history, with a valuation of around $800 billion from a sale of existing shares [1][2][3]. Group 1: IPO Preparation - SpaceX has selected major investment banks, including Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, for senior roles in the IPO process [1]. - Executives from SpaceX have been meeting with investment bankers to accelerate preparations for a public listing, which could occur as early as this year [2][3]. Group 2: Valuation and Potential Raise - The current sale of existing shares is expected to value SpaceX at approximately $800 billion [2][3]. - If the IPO proceeds, SpaceX could aim to raise tens of billions of dollars, potentially surpassing Saudi Aramco's record $29 billion debut in 2019 [4]. Group 3: Market Impact and Timing - Analysts suggest that the IPO might take place in the second half of 2026, which could significantly influence market optimism and investor sentiment [6].
BitGo prices IPO at $18 per share, set to begin NYSE trading
Yahoo Finance· 2026-01-22 16:15
Core Viewpoint - BitGo has set its share price for its initial public offering (IPO) at $18, raising $212.8 million and valuing the company at over $2.1 billion [1][2]. Company Overview - BitGo, founded in 2013, operates as a digital asset infrastructure provider, offering services such as custody, wallets, staking, trading, financing, stablecoins, and settlement [5]. - The IPO marks the first major crypto-related listing of 2026, with other companies like Kraken and Grayscale expected to follow [5]. IPO Details - The company will sell a total of 11,821,595 shares of Class A common stock, which includes 11,026,365 shares offered by BitGo and 795,230 shares from existing stockholders [2]. - BitGo will not receive any proceeds from the sale of shares by selling stockholders [2]. - The shares are expected to begin trading on the New York Stock Exchange under the ticker BTGO [1][3]. Underwriters - Goldman Sachs is the lead book-running manager for the offering, with Citigroup also serving in this capacity [4]. - Other book-running managers include Deutsche Bank Securities, Mizuho, Wells Fargo Securities, Keefe, Bruyette & Woods, Stifel, Canaccord Genuity, and Cantor [4]. - Co-managers for the offering include Clear Street, Compass Point, Craig-Hallum, Rosenblatt, Wedbush Securities, and SoFi [4].
BitGo prices IPO above range at $2B valuation: why the listing stands out
Invezz· 2026-01-22 07:45
Core Insights - BitGo is set to become the first cryptocurrency company to list in the United States this year after pricing its initial public offering (IPO) above expectations, marking a significant milestone for the digital asset industry [1] Company Summary - BitGo's IPO pricing exceeded market expectations, indicating strong investor interest and confidence in the company's business model and growth potential [1] Industry Summary - The successful IPO of BitGo represents a pivotal moment for the cryptocurrency sector, potentially paving the way for more digital asset companies to pursue public listings in the U.S. [1]
Crypto firm BitGo raises $212.8 million in US IPO
Reuters· 2026-01-22 03:10
Group 1 - BitGo, a crypto custody firm, priced its U.S. initial public offering (IPO) above its indicated range [1] - The IPO raised a total of $212.8 million [1] - This event marks the first stock market debut by a digital asset company anticipated in 2026 [1]
Kenya Floats Biggest IPO Ever in High-Stakes Bet on Energy Infrastructure
Yahoo Finance· 2026-01-21 23:00
Kenya this week launched its biggest-ever initial public offering, the first share sale in 11 years, as it looks to list 65% of its state-owned pipeline company to raise funds for expanding energy infrastructure. Kenya Pipeline Company (KPC) expects to raise $824 million (106.3 billion Kenyan shillings) by selling 11.81 billion shares to domestic and international investors and company employees in the IPO launched on January 19 and running until February 19. Once listed, KPC is expected to be the fifth ...