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SpaceX seen as make-or-break test for mega IPOs

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By Manya Saini April 1 (Reuters) - The global IPO market has needed a win for years and Elon Musk's SpaceX could be the breakthrough. The last company to make a market debut at over a trillion dollar valuation was Saudi Aramco in 2019. An over... Read More.

Chelsea announces Premier League-record losses of $350M

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LONDON (AP) - Chelsea made pre-tax losses of 262.4 million pounds ($350 million) in its latest financial results, the club announced Wednesday, a record high in the Premier League era. Chelsea, whose owners are from U.S. private equity, attributed the losses in part to "increased... Read More.

Morning Bid: Finding the ‘off ramp’

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By Mike Dolan April 1 - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets "Off ramp" seems to be the word of the week surrounding the Iran war - and the steep Wall Street rally on the final day... Read More.

Mega IPOs set to test US market depth despite volatility

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By Charlie Conchie, Yantoultra Ngui and Echo Wang LONDON/SINGAPORE/NEW YORK, April 1 (Reuters) - Companies raised the most through share sales in the first quarter since 2021, and mega-IPOs from Space X and OpenAI may raise tens of billions more in the coming months despite... Read More.
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