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FOUND: 19 | Mind Blowing Facts

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

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

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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

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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

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.

International Business 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…

The Economic Times

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.

International Business Times UK

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.

Fortune

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.

The Economic Times

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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…

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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

The Economic Times

Customers will feast as Zepto to pour fuel into quick commerce fire

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. The company, which is targeting a July listing, plans to use the fresh capital to expand dark stores, invest in technology, and acquire more customers.

Evening Standard

US tech race to go public in full swing as OpenAI plots stock market float

OpenAI’s filing for an IPO in the US comes hot on the heels of rival AI giant Anthropic.

International Business Times UK

Historic $1 Trillion IPO Bid Could Turn Into OpenAI Wall Street's Next AI Giant

OpenAI has filed for a US stock market debut, aiming for a trillion-dollar valuation. This move aligns with Anthropic's similar plans, highlighting intense investor interest in AI.

The Economic Times

Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share sale

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale component, signalling confidence in the business. Early investors will lead stake sales as the quick commerce company targets expansion, technology investments and a public market debut amid intensifying competition.

AAP

Aussie demand for SpaceX float overwhelms call centres

The lead Australian broker on the $2.5 trillion public launch of Elon Musk's SpaceX is experiencing "extremely high" call volumes as investors try to get in.

The Economic Times

SpaceX IPO: Great business, wrong price? Why Aswath Damodaran is skipping Musk’s mega offering

Despite the excitement surrounding SpaceX’s highly anticipated IPO, valuation expert and NYU professor Aswath Damodaran plans to stay away from the offering, citing concerns over its pricing. While he values the company at around $1.3 trillion after reviewing its prospectus, the IPO is expected to value SpaceX at roughly $1.8…

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