Elon Musk’s SpaceX has confidentially filed for a U.S. listing, initiating a multi-step IPO process. This typically involves hiring underwriters, a quiet period, and SEC review before a public filing. The process culminates in a roadshow, pricing, and market debut, with shares often trading the day after pricing.Read More
Bharti Airtel witnessed a block deal on Wednesday, with BNP Paribas buying 5.4 lakh shares from BoFA Securities for Rs 96 crore. The shares were acquired at Rs 1,782 apiece, nearly flat with Monday’s close.Read More
SpaceX, led by Elon Musk, has filed for a US initial public offering. This move could lead to the largest stock market listing ever. The company’s growth is fueled by reusable rockets and its Starlink satellite internet. A public listing would signal space exploration as a mainstream investment. Investors are showing strong interest in exposure...Read More
Indian markets rebounded on Wednesday after US President Donald Trump hinted at easing Iran tensions, with Nifty gaining 348 points to 22,679. Key support and RSI divergence suggest short-term recovery, while traders watch crude oil, the rupee, and market breadth. Active stocks included HDFC Bank, Reliance, Vodafone Idea, and SpiceJet.Read More
Elon Musk’s SpaceX has moved closer to going public with its confidential filing, Bloomberg News reported on Wednesday, as the billionaire’s rocket-and-satellite company looks to beat OpenAI and Anthropic to the new listings market.Read More
Morgan Stanley’s E*Trade is reportedly in talks to lead SpaceX’s upcoming IPO share sales to everyday U.S. investors, potentially sidelining rivals Robinhood and SoFi. This move would allow E*Trade to capture a significant portion of retail allocations, a strategy Morgan Stanley has employed before. SpaceX is considering reserving up to 30% of shares for retail...Read More
The Reserve Bank of India has intensified its crackdown on rupee speculation, targeting corporate arbitrage after earlier measures on banks failed. New rules bar rebooking of forward contracts and FX derivatives with related parties. While speculation is curbed, the currency’s weakness persists amid Iran war concerns and elevated oil prices.Read More
Silver prices surged by Rs 9,000 to Rs 2.46 lakh per kg, while gold jumped by Rs 3,500 to Rs 1.55 lakh per 10 grams on Wednesday, following firm global trends.Read More
Realty firm Prestige Estates Projects Ltd has entered into a partnership with a landowner to develop a 17-acre housing project in Gurugram with an estimated revenue potential of Rs 4,200 crore.Read More
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