Financial Times
Most companies are still likely to pay full price on smaller US deals as a prestige good
Yahoo Finance
Bloomberg Markets
S&P Dow Jones Indices will not shorten its existing eligibility requirements for benchmarks including the S&P 500, closing the door to fast entry for big tech IPOs like SpaceX. Benedikt Kammel reports on Bloomberg Television. (Source: Bloomberg)
Financial Times
The speed at which my portfolio is rising in value is ridiculous
Bloomberg Markets
Underwriters on SpaceX’s $75 billion initial public offering have been told not to accept orders from investors in Hong Kong and China, citing US restrictions around the export of critical technology, people with knowledge of the matter said.
MarketWatch
Aswath Damodaran, the New York University finance professor with the nickname the “dean of valuation,” had estimated, before getting a look at the prospectus, that SpaceX was worth $1.2 trillion. What he says now.
Yahoo Finance