The prediction market is betting that the association with the soccer tournament will help bolster betting volumes as it works toward an I.P.O.
Category: Initial Public Offerings
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Kalshi to Become a World Cup Partner as It Pursues More Growth
The New York Times – Business: -
OpenAI Leans Toward Holding Up I.P.O. Until Next Year
The New York Times – Business:The A.I. company’s advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX’s stock has been volatile and as the start-up grapples with financial challenges.
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SpaceX Shares Are Slumping After After Its Blockbuster I.P.O.
The New York Times – Business:On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.
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How Much Is SpaceX Really Worth?
The New York Times – Business:The company’s deep commitment to Mars colonization and Elon Musk’s nearly total control make SpaceX stock an astonishingly speculative bet, our columnist says.
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SpaceX, OpenAI and Anthropic Race to Go Public
The New York Times – Business:SpaceX, OpenAI, and Anthropic, giants of the artificial intelligence sector, are rushing to test investor appetite in the stock markets.
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The Banks That Won a Piece of SpaceX’s Colossal I.P.O.
The New York Times – Business:Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering.
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Cerebras, A.I. Chip Maker, Rises 89% in Market Debut
The New York Times – Business:Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take steps to go public.
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
The New York Times – Business:Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
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Why So Many People Already Own Shares of Elon Musk’s SpaceX
The New York Times – Business:Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
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Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
The New York Times – Business:The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.