SpaceX is preparing for a massive initial public offering. The rocket company is collaborating with over twenty banks for its upcoming stock market debut. This listing, internally known as Project Apex, is anticipated in June. Experts estimate SpaceX’s valuation to reach a staggering $1.75 trillion. Major financial institutions are leading the underwriting process for this significant event.Read More
Tipco Engineering’s SME IPO is set for its stock market debut with a flat listing expected, as indicated by a 0% grey market premium. Despite moderate overall subscription, retail investor interest was subdued, while QIBs and NIIs showed stronger participation. The company’s robust financials and integrated manufacturing capabilities suggest a focus on medium-term fundamentals rather than immediate listing gains.Read More
Oil prices are up sharply as the new financial year begins. Supply issues and damage from the Iran-US war are pushing prices higher. However, leaders from both countries have expressed optimism about ending the conflict soon. This could impact future oil prices, though some analysts expect them to remain elevated.Read More
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