Search results for May 2029
Finance
SpaceX IPO draws U.S. retail investors despite overvaluation concerns
SpaceX is moving ahead with an IPO valuing the company at $1.77 trillion, pricing shares at $135, drawing strong interest from U.S. retail investors despite overvaluation concerns. Retail allocation is in the low 20 percent range, above the usual 5 to 10 percent. Fidelity set a $2,000 minimum account balance. Some investors are betting on a first-day surge, while others remain cautious about demand signals and selling restrictions.
AI & Enterprise
Microsoft in talks to supply in-house Maia AI chip to Anthropic in first external deal
Microsoft is discussing a plan to supply its in-house artificial intelligence chip to Anthropic, potentially marking its first external customer for the Maia line. CNBC reported the companies are negotiating Anthropic’s use of the customised chip. A person familiar with the matter said no final agreement has been reached. Anthropic has cited computing constraints as demand rises for Claude and Claude Code, and it has outlined major infrastructure spending and broader chip sourcing.
Industry
SpaceX IPO filing shows bets on AI, rockets and Mars
SpaceX, founded by Elon Musk (일론 머스크), released its S-1 filing for an initial public offering on May 20, media including TechCrunch and Business Insider reported. The company plans a Nasdaq listing under ticker SPCX, seeking about $75 billion and valuing the firm at $1.75 trillion. It posted revenue of more than $18 billion last year and a loss of about $4.9 billion, with Starlink generating $11 billion.
