SpaceX’s $10tr question: How do you value the distant future?
Banks that underwrote flotation unanimous in recommending shares trading below market debut price
Banks that underwrote flotation unanimous in recommending shares trading below market debut price
Morgan Stanley gives Elon Musk’s AI and rocket stock $300 price target as quiet period ends following record IPO
A quiet start to the week saw marginal rise for Irish markets
Tech shares rebound on Wall Street after last week’s sell-off
Swathes of SpaceX shares are set to hit the market in the coming months
Euronext Dublin finished the day down 1.1% after a number of the index’s main players suffered losses
Interest rate fears hit high-flying sectors as oil prices hold steady
Stock sheds hundreds of billions of dollars in market value
UK shares largely shrugged off news of prime minister Keir Starmer’s resignation
At $2.97tn, SpaceX briefly overtook Microsoft and Amazon to become the world’s fourth-most valuable company
Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor
Dazzled SpaceX investors and frenzied brick-throwing boys in Belfast are all swallowing his dark fantasies
A firm that is a rocket-maker, broadcaster, chatbot and arm of the Pentagon is many things, but a foundation for national infrastructure is not one of them
Investing in SpaceX isn’t a bet on the company’s fundamentals, it’s a bet on Elon Musk
Travel stocks and financials among those to fare best as mood improves across all markets though not for Big Oil
Shares jump as much as 25% over IPO price on first day of trading after attracting orders for more than three times the amount on offer
Hype and hope collide in the biggest IPO in history
Inside Business podcast with Ciarán Hancock
Iseq rises but banking stocks out of sorts
Analyst says IPO looks ‘like a way to lure unsuspecting investors into paying off’ debt, ‘fund an increasingly costly AI race and lock in a trillion-dollar pay day’
Elon Musk’s space exploration business thinks it’s worth $1.75tn, but some analysts value it at only half that
If Elon Musk succeeds in listing SpaceX on the stock market, our pensions could be invested in this one-sided racket
Early Edition with Aideen Finnegan
With listings now occurring later in a company’s life cycle, there could be implications for post-IPO share price performance
Roughly 90% of the touted $28.5tn ‘market opportunity’ pertains not to space but to AI and adjacent data-centre services
ChatGPT group founder’s reputation has taken a battering in a courtroom battle that was ultimately decided on a technicality
Financial ties range from Cybertruck purchases and shared private jets to stock investments
Veteran investors have long joked that IPO means It’s Probably Overpriced
Rule adjustments being made by index providers are bending long-standing norms to accommodate a single company
We should leave the moon alone
Spotlight on the Artemis II mission reveals the complexity of deep space travel
Starlink’s growth may justify optimism – but critics of Elon Musk say the numbers still require heroic assumptions
The long-dormant dream of establishing a permanent lunar base draws one step closer
Classic scenario typically sees a rush of companies selling to ravenous public; the AI boom has been more marked by buy-backs
Familiar territory as a cash-generating Musk company props up a riskier venture, with investors left to take it on faith
Tech billionaire and platform’s former chief Linda Yaccarino summoned for ‘voluntary interviews’ in April
SpaceX is requesting permission to launch as many as a million satellites into the Earth’s orbit to speed up its AI plans
Celestial calendar meets high finance, as billionaire’s personal impulses shape plans to raise $50bn in record listing
Despite being widely considered a bit of a loudmouth in Ireland, the Ryanair boss has been practising self-deprecation for decades
Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley set to take lead on listing
Early return in SpaceX capsule marks first time Nasa has cut short ISS mission due to health issue
Public listings raised $171.8 billion globally last year, an increase of 39 per cent on 2024
Tesla’s profits have fallen due to a strong consumer backlash against his political activities
Social media lit up with theories of what had caused mysterious bright light in the sky
The rift with SpaceX is the latest symptom of the disarray engulfing the US agency and its ambitions
Orthopaedic surgeon and former British paralympian John McFall was chosen for a bold experiment to see whether a lower-limb amputee could meet the demands of space flight
Today’s newest workers have overcome hurdles that would have seemed preposterous to their older colleagues
Tenth time lucky for Elon Musk’s firm as largely successful mission was likely a relief to both SpaceX and Nasa
Number of State agencies rely on controversial former Trump ally’s firm for internet services
Helen Lewis discusses her new book, The Genius Myth, which sets out to unravel the mystery of what we mean when we call someone a genius
No injuries after ‘major anomaly’ causes explosion ahead of 10th test flight
Billionaire Elon Musk faces rare convergence of threats - collapsing brand loyalty, shaky revenues, and mounting legal and regulatory risk
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices