IPO, SpaceX
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SBI Shinsei Bank, which begins trading on Wednesday, has raised $2.4bn, valuing the company at $8.3bn. Owner SBI Holdings plans to retain a majority stake and could use the funds to fuel mergers and acquisitions among the country’s nearly 100 regional lenders, said analysts and bankers.
Hospitality chain Pride Hotels is targeting to launch initial public offering (IPO) by March 2026 to fund renovations of existing properties and pare debt, its Chairman & Managing Director Sureshchand Premchand Jain said.
Rumblings of a $1.5 trillion valuation for SpaceX may be forcing investors to view currently public space companies as undervalued.
The Palo Alto company, which aims to provide financial services for Gen Z and millennial investors, joins a number of fintechs to go public this year.
SpaceX, which has prominent operations from California's Vandenberg Space Force Base, may make its initial public offering in 2026, reports say.
Aspri Spirits IPO IPO comprises a fresh issue of equity shares with a face value of ₹5 each, aggregating up to ₹140 crore, alongside an offer for sale of 5,000,000 equity shares.
To buy into SpaceX’s audacious $1.5 trillion valuation in a listing next year, investors will need to have faith in Elon Musk’s equally galactic vision for his rocket and satellite maker, from orbital data centers to lunar factories to human settlements on Mars.
1hon MSN
Upcoming IPOs: KSH International IPO among four new issues, 15 listings scheduled for next week
Meanwhile, Wakefit Innovations IPO, Corona Remedies IPO, Nephrocare Health IPO and others will make their stock market debut in the upcoming week.