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Everyday Economic News
SpaceX’s IPO is a big win for Goldman Sachs and Morgan Stanley
SpaceX's initial public offering is set to be a significant financial boon for the nearly two dozen banks involved, especially co-leading institutions like Goldman Sachs and Morgan Stanley. Despite SpaceX negotiating for underwriting fees reportedly below 0.75%, experts anticipate this IPO will still result in the largest payday in history for the underwriting banks.
Nyxoah issues 55.2M new shares after US public offering, raising total voting shares to nearly 100M.
Nyxoah SA recently issued over 55.2 million new shares through a US public offering and a private placement in the EU. This issuance significantly increases the company's total voting shares to nearly 100 million. The capital raised is intended to support Nyxoah's continued growth, including its commercial launch efforts, with additional outstanding subscription rights and convertible bonds that could further increase share count.
Ontario regulator relaxes rules, paving way for CIBC’s new SpaceX CDR
The Ontario Securities Commission (OSC) has relaxed its Canadian Depositary Receipt (CDR) issuance rules, enabling CIBC to list a new SpaceX CDR on the Toronto Stock Exchange. This move coincides with SpaceX's anticipated US$1.75-trillion valuation IPO and reflects a broader trend of regulators and index providers adjusting rules to accommodate large, high-profile listings. The SpaceX CDR will trade under the ticker SPCX and will represent fractional shares of SpaceX Class A common stock, offering Canadian investors exposure with built-in currency hedging.
Solstice Advanced Materials (SOLS): 10 Best IPO Stocks to Buy and Hold For 2 Years
Solstice Advanced Materials (SOLS), a global specialty chemicals and advanced materials company, has been identified as one of the best IPO stocks to buy and hold for two years. The company reported strong Q1 2026 financial results with a 10% year-over-year increase in net sales, driven by demand from AI, data centers, and semiconductor manufacturing sectors. Despite a decline in net income due to increased R&D and operational costs post-spin-off from Honeywell, management reaffirmed its full-year 2026 guidance, expressing confidence in its long-term growth trajectory.
Exclusive | SpaceX IPO Draws at Least $5 Billion Order From BlackRock
SpaceX's upcoming IPO is attracting significant investor interest, with BlackRock placing an order for at least $5 billion in shares. Other large asset managers and individual investors have also shown fervent demand, pushing total requests well over the available offering and making it the largest public offering to date. The company aims to allocate a larger-than-normal portion to individual investors despite the high demand.
Missed IonQ & D-Wave? Is Quantinuum the Next Quantum Buy After IPO?
Quantinuum's stock has dropped 15% since its IPO, raising questions about whether its valuation is justified despite strong strategic backing from Honeywell and a robust capital base. The article compares Quantinuum to IonQ and D-Wave, highlighting its advantages in funding and partnerships, but also points out its significant net loss in 2025. Ultimately, Quantinuum's investment case depends on its ability to convert technological leadership and resources into sustained revenue growth and broader commercial adoption, rather than simply having access to capital.
SuRo Capital’s Willy Lee on SpaceX IPO demand and why AI valuations still hold up
Willy Lee, principal at SuRo Capital, believes investor demand can easily absorb large IPOs from SpaceX, Anthropic, and OpenAI, citing significant private fundraising rounds as evidence of deep capital markets. He also challenges the notion of an AI valuation bubble, noting broad investor interest across the AI ecosystem driven by the belief in future demand, even if revenues aren't fully materialized yet. SuRo Capital remains focused on AI and AI infrastructure investments, with Whoop, Canva, and OpenAI among its top holdings.
Deadline Alert: PicS N.V. (PICS) Shareholders Who Lost Money Urge
Glancy Prongay Wolke & Rotter LLP is reminding shareholders of PicS N.V. (PICS) who lost money to consider filing a lead plaintiff motion by August 4, 2026, in a class-action lawsuit. The lawsuit alleges that PicS's offering documents for its January 2026 IPO contained materially false and misleading statements regarding its credit evaluation procedures and financial health. This led to significant stock price drops after revelations about reclassified credit exposures and heightened risk.
Could Alphabet Be the Best Way to Buy SpaceX and Anthropic Before Their IPOs?
Alphabet has significant investments in both SpaceX and Anthropic, making it an indirect way for investors to gain exposure to these innovative companies before their IPOs. Alphabet's initial $900 million investment in SpaceX over a decade ago now represents an approximate 6% stake in the trillion-dollar company, while a $3 billion investment provides a 14% stake in Anthropic, which recently confidentially filed for an IPO at a $965 billion valuation. Despite potential risks like antitrust issues and shareholder dilution, Alphabet's robust financials and stable position provide a less volatile investment option for those interested in the success of SpaceX and Anthropic.
Retail Is Cashing Out Of Micron, AMD, AI Stocks Ahead Of SpaceX IPO
Retail investors are liquidating their holdings in top-performing AI and semiconductor stocks like Micron (MU) and AMD (AMD) to free up cash for the upcoming SpaceX (SPCX) IPO. This selling pressure has led to significant outflows from individual stocks, particularly chip names, causing declines in their prices. The SpaceX IPO, expected to be the largest in history with a $1.75 trillion valuation, is anticipated to draw substantial retail investment, amplifying the selling crunch on existing holdings.