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Nasdaq Tightens Rules as Many Small IPOs Run Into Trouble
Barrons· 2025-12-12 18:17
At a time when listing deals are scarce, Nasdaq has enjoyed one of the world's most packed initial-offering calendars. ...
Wealthfront Corporation Goes Public on NASDAQ
Financial Modeling Prep· 2025-12-12 10:04
Wealthfront Corporation, trading under the symbol NASDAQ:WLTH, is a tech-driven financial platform based in Palo Alto, California. Known for its automated digital wealth management services, Wealthfront is making a significant move by going public. The company is offering approximately 34.6 million shares in its initial public offering (IPO) on the NASDAQ.The IPO is priced at $14.00 per share, with Wealthfront itself offering 21.5 million shares. The remaining 13.1 million shares are being offered by existi ...
Fintech firm Wealthfront raises $485 million in US IPO, The Information says
Reuters· 2025-12-11 23:57
Automated digital wealth management firm Wealthfront priced its initial public offering at $14 per share, raising $485 million, The Information reported on Thursday. ...
REIT Outlook 2026: Interest Rates, M&A, and Where to Find Income | iREIT+Hoya Capital's David Auerbach
Seeking Alpha· 2025-12-11 17:03
Get started with iREIT + Hoya Capital today! Sign Up for Top Stocks 2026 Now! This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Daniel Snyder: Hey everyone. Daniel Snyder from Seeking Alpha. Thank you so much for taking the time to join us today as we dive into the world of REITs, a sector that many of you love, but also has been down and out ...
SpaceX May Launch IPO Market To The Moon
Yahoo Finance· 2025-12-11 05:01
Elon Musk once promised that SpaceX wouldn’t go public until it delivered humans to Mars (lest pesky shareholders prioritize short-term profits over the long-term project of Martian colonization). The Red Planet must be within shouting distance, judging by the financial buzz. No, turns out it’s a lot easier to land on the S&P 500 these days than on Mars, so why wait? On Wednesday, Bloomberg reported that Musk’s aerospace company is moving ahead with plans to raise $30 billion for an initial public offeri ...
Elon Musk hints at SpaceX listing that could make him a trillionaire
Yahoo Finance· 2025-12-11 01:59
Core Insights - Elon Musk's SpaceX may go public in 2026, potentially valuing the company at over $1 trillion, which could double Musk's wealth, making him a trillionaire [1][2][4][5][6] Group 1: IPO Details - SpaceX is reportedly looking to raise more than $25 billion through its IPO, with some estimates suggesting a valuation of up to $1.5 trillion [2][3][4] - Discussions with banks regarding the IPO are underway, targeting a launch around June or July next year [4] - If successful, this IPO would be the second-largest in history, following Saudi Aramco's $1.7 trillion listing in 2019 [4] Group 2: Financial Implications - Musk's stake in SpaceX could be valued at over $625 billion, significantly increasing his total fortune from $491 billion to more than $952 billion [5][6] - The potential valuation positions SpaceX as the second most valuable private startup globally, after OpenAI [4] Group 3: Market Scrutiny - A public listing would subject SpaceX to increased scrutiny regarding its operations and financials [7] - Musk has previously indicated that criticism and regulatory pressures on his companies may be politically motivated [8]
Elon Musk's SpaceX Moves Bitcoin Ahead of Potential Record IPO
Yahoo Finance· 2025-12-10 22:20
Privately held aerospace company SpaceX moved more than $94 million in Bitcoin on Wednesday, according to on-chain data, ahead of reported plans to go public in 2026. Bitcoin addresses labeled as belonging to SpaceX by blockchain analytics firm Arkham Intelligence transferred around 1,021 BTC in total to two addresses, broken into amounts of 407 BTC and 614 BTC.  “SpaceX just transferred $94 million of BTC. They have been moving around $100 million of BTC every week for around the past two months now,” Ark ...
Elon Musk's SpaceX moves millions in Bitcoin amid IPO reports
Yahoo Finance· 2025-12-10 17:57
Tech tycoon Elon Musk's SpaceX has moved millions of dollars' worth of Bitcoin (BTC) as the aerospace and space transportation company is reportedly planning for an initial public offering (IPO) in 2026. As Musk himself is a strong Bitcoin advocate, SpaceX began adding the digital asset to its balance sheet in 2021. However, the company liquidated roughly 70% of its BTC holdings during the Terra-Luna collapse and FTX bankruptcy in 2022. Related: Crypto megastar slams Elon Musk for 'coordinated hate sess ...
Barrick Mining Evaluating IPO Of Its North American Gold Assets
Forbes· 2025-12-10 17:45
Deal Overview - Barrick Mining Corporation plans to evaluate an Initial Public Offering (IPO) of its North American assets, forming a subsidiary (NewCo) to house its highest-quality gold assets [2][4] - NewCo will include Barrick's 61.5% interest in the Nevada Gold Mines joint venture, a 60.0% stake in the Pueblo Viejo mine, and the 100%-owned Fourmile project in Nevada [2][4] Strategic Rationale - The move aims to address the valuation gap between Barrick and its North American peers, as Barrick currently trades at an EV/EBITDA multiple of 7-8x compared to 10-11x for pure-play North American producers [7] - By separating its North American operations, Barrick seeks to eliminate the conglomerate discount associated with its higher-risk assets in Africa and Asia, thereby attracting investors focused on stable, high-margin gold production [6][7] Asset Quality - NewCo will benefit from the high-quality asset base, including the Nevada Gold Mines complex, which is the largest gold-producing complex globally, and the Fourmile project, which has high ore grades (12-16 g/t) and significant production potential [8] - Fourmile is projected to produce 600,000–750,000 ounces annually over a 25+ year mine life, with all-in sustaining costs estimated at $650–$750 per ounce, making it a key contributor to Barrick's overall production [8] Market Conditions - The favorable backdrop of rising gold prices, driven by macroeconomic uncertainty and strong central bank demand, enhances the attractiveness of Barrick's proposed IPO [9] - Elevated gold prices are expected to drive margin expansion and increase the valuation premium for operations in low-risk jurisdictions, making this an opportune time for monetization [9] Parent Company Focus - Following the IPO, Barrick will continue to operate its diversified global portfolio, focusing on copper growth projects such as Reko Diq in Pakistan and Lumwana in Zambia, while leveraging cash flow from its gold mines [5][10] - This bifurcation clarifies the investment proposition for both entities, with NewCo offering stability and dividends, while RemainCo targets growth in copper and energy transition metals [10] Financial Implications - The IPO is expected to serve as an efficient capital-raising mechanism, with North American assets generating over $2.8 billion in EBITDA during 9MFY25 [11] - Proceeds from the offering could strengthen Barrick's balance sheet, enabling funding for capital-intensive projects or returning capital to shareholders without diluting equity [11] Company Overview - Barrick Mining Corporation is a leading global mining company focused on gold and copper production, with a strategic vision centered on owning Tier One assets [12][26] - The company operates in 18 countries and is the largest gold producer in the United States, with a diverse portfolio that includes twelve producing gold mines and three producing copper mines [13][26]
Why EchoStar Stock Surged Higher Today
The Motley Fool· 2025-12-10 17:09
Core Viewpoint - Investors are increasingly buying shares of EchoStar in anticipation of a potential IPO of SpaceX, driven by recent spectrum licensing deals between the two companies [3][7]. Group 1: EchoStar's Stock Performance - EchoStar's stock has surged by over 36% in December, with a notable increase of 7.4% on a recent day, closing up 6.8% [1][3]. - The current price of EchoStar shares is $100.33, with a market capitalization of $27 billion [5]. Group 2: Spectrum Licensing Deals - EchoStar announced the sale of spectrum licenses for its AWS-4 and H-block satellite networks to SpaceX for a total of $17 billion, which includes $8.5 billion in SpaceX stock [4]. - A subsequent deal added EchoStar's AWS-3 spectrum, valued at approximately $2.6 billion in SpaceX stock [4]. Group 3: SpaceX IPO Speculation - Reports suggest that SpaceX may go public next year at a valuation of $800 billion, although Elon Musk has labeled these reports as "not accurate" [6]. - Despite the uncertainty surrounding SpaceX's IPO, investors are leveraging the potential by acquiring EchoStar shares [7].