June 10, 2026
OpenAI targets up to $1 trillion valuation, IPO could come as early as September, source says
The rocket and satellite communications company plans to sell 555.6 million shares, the source says
The fundraising comes amid strong investor enthusiasm for AI companies as heavy technology spending reshapes businesses across sectors
SpaceX to buy $2.56 billion worth of shares at $421 apiece
SpaceX has been cash flow positive for many years, Musk said in a post on X
Shares of the company rose more than 5% to hit a record high of $315.9, giving it a market capitalisation of $3.82 trillion
A more than 35 percent rally in the company's stock this year has largely been driven by the explosive growth of the weight-loss drug market
South Korea leads declines amid broad retreat
