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UNBELIEVABLE: 18 | History Defined

US stocks: S&P 500, Nasdaq fall as tech selling resumes, Trump vows to react to downed US helicopter

U.S. stocks fell Tuesday as technology shares reversed earlier gains amid renewed selling pressure. President Trump's vow to respond to Iran shooting down a U.S. helicopter added to Middle East war concerns. Investors also eyed upcoming inflation data and the highly anticipated SpaceX IPO.

The Economic Times

Perplexity Sticks To 2028 IPO Timeline As OpenAI, Anthropic Take Steps To Public Markets

Perplexity plans to go public in 2028 and is not altering that timeline based on the market reception of upcoming listings from rival artificial intelligence companies.

International Business Times

US stocks: SpaceX IPO demand is approaching four times oversubscribed, source says

SpaceX's initial public offering is seeing massive investor interest. Demand has reached over 250 billion dollars, far exceeding the 75 billion dollars the company aims to raise. This indicates strong investor confidence. SpaceX is currently in the marketing phase for its IPO. The company is highlighting its rocket launch business…

The Economic Times

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Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI play

The AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover their significant expenses. Valuations are soaring, leading to questions about the AI bubble. Investors are being urged to be cautious as these tech giants aim to reshape…

The Economic Times

Wedbush Thinks Cerebras Stock Is Ready for More Upside as CBRS Debuted at Just the Right Time

Fresh off one of the hottest IPOs in years, Cerebras is winning over Wall Street as Wedbush bets the AI upstart's best days are still ahead.

Barchart

Why Needham Analysts Think Cerebras Stock Can Gain Another 25% After Historic IPO

Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.

Barchart

One Altman Company Files for IPO, Another Cuts Staff — Leaked Memo Reveals Layoffs at $2.5 Billion Orb Startup

Sam Altman's OpenAI files for IPO, while Tools for Humanity faces layoffs and privacy concerns, affecting its revenue and operations.

International Business Times UK

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Elon Musk's Starlink India launch hits security roadblock ahead of SpaceX IPO

India has halted approvals for Elon Musk's Starlink internet service. Security agencies are concerned about Starlink terminals being used in the Iran war. This delay impacts SpaceX's IPO valuation. India's broadband market remains out of reach for Starlink for now. Domestic operators also face scrutiny. India seeks assurances on security…

The Economic Times

'An Elon Musk Ego Project': Ex-NASA Expert Exposes Hidden Dangers of $1.75T SpaceX Launch

Elon Musk's SpaceX is heading for a blockbuster $1.75 trillion stock market debut that bundles rockets with an audacious AI gamble and leaves Musk firmly in control.

International Business Times UK

Elon Musk's Net Worth Surges Past $800 Billion — SpaceX IPO Pushes Trillionaire Dream Closer Much Faster

Elon Musk's net worth increased by $12 billion overnight on Monday to over $800 billion, as markets are increasingly predicting his wealth to swell over $1 trillion post SpaceX IPO.

International Business Times UK

Zepto's market position; TCS' AI verdict at AGM

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.

The Economic Times

Inside Zepto’s IPO filing — the key takeaways

Quick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics. Eyeing a July debut, Zepto's IPO is set to be a significant event, with the company planning to use proceeds for dark store expansion and technology investment.

The Economic Times

Following the Post-IPO Quiet Period Expiration, Here’s Why Cerebras Stock Is Moving Higher

With the post-IPO quiet period behind it, Wall Street is finally weighing in on Cerebras, and a wave of bullish analyst calls is giving investors fresh reasons to pay attention to CRBS stock.

Barchart

SpaceX Could Deliver an $11.6 Billion Windfall for 346,000 Teachers and Retirees — Worth $33,500 Each

The Ontario Teachers' Pension Plan's strategic investment in SpaceX could yield $11.6 billion, highlighting venture capital's role in emerging tech and the impact of Musk's IPO plans.

International Business Times UK

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International Business Times

OpenAI Confidentially Files IPO Draft As Tech Race Gains Steam

OpenAI said it has confidentially filed a draft IPO but claimed there is no timeline to go public.

The Economic Times

OpenAI IPO: Date, share price, valuation, timing and all details investors need to know

OpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 billion. Microsoft owns 27% of OpenAI's for-profit business. The Elon Musk legal battle is largely behind it. Now Wall Street faces a historic question: how much is the future…

International Business Times UK

Mexican Immigrant Earned $28 an Hour at SpaceX — The IPO Could Make Him a Millionaire

SpaceX's historic $75 billion IPO on Nasdaq could transform the lives of its employees and propel Elon Musk towards becoming the world's first trillionaire.

International Business Times UK

Anthropic and OpenAI Face a Six-Month Test — Perplexity CEO Says 'Then It's a Problem for Them'

Perplexity AI's CEO highlights the urgency for Anthropic and OpenAI to innovate in AI technology to maintain their £1.35 trillion valuations as they prepare for significant IPOs.

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Fortune

Fortune Gulf Brief: Gulf investments to see liftoff from SpaceX IPO

The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.

The Economic Times

SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giant

SpaceX’s planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark. Such funds could gain indirect exposure to the aerospace giant, although fresh investments in several schemes remain restricted due to overseas investment limits.

Fortune

'We expect it to leak': OpenAI is frontrunning the narrative around its $1 trillion IPO

Everything you need to know before you reach the office this morning.

The Economic Times

SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOs

Investors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows tech IPOs often slump in their first year. However, these companies are exceptionally large and vital to the market. Experts suggest waiting to buy might be prudent, as…

Euronews

SpaceX IPO: How European retail investors can buy shares and the risks to be aware of

SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail investors in Europe can participate and the risks they should consider.

The Economic Times

Banks, Bharti, IT: Sandip Sabharwal's top picks & why he is worried about Zepto IPO

Market expert Sandip Sabharwal sees private banks like Axis and ICICI as top buys. He believes IT stocks are oversold with potential for 12-15% upside. Bharti Airtel is his sole pick in telecom. Sabharwal cautions against richly valued domestic companies, citing Zepto's IPO valuation as an example. Investors should focus…

Caixin Global

Tech Brief (June 9): China’s Robotics Industry Index Rises 6.4%

UBS sees Hong Kong IPO fundraising reaching $50 billion in 2026 on tech surge, Tencent Cloud expands AI agent push

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