IPOs & Markets
SpaceX is targeting to raise about $75b at roughly $1.75 trillion valuation.
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BlackRock weighs up to $10b investment in SpaceX IPO: report
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Data centre operator DayOne weighing dual listing in SG and US: report
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Editor's take: The week that was — May 11-16
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Japan's CCI Group eyes deals up to $10m in Vietnam as it ramps up SE Asia push
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SpaceX speeds up IPO timeline, targets June 12 Nasdaq listing
More Stories
Hong Kong’s Templewater buys SG-based Ascensus Health from Dymon Asia
Japan’s CCI Group eyes deals up to $10m in Vietnam as it ramps up SE Asia push
India: Ride-hailing platform Rapido raises $240m funding led by Prosus
SBI, Investcorp back $51m funding in stablecoin fintech Fasset
What Gong Cha sale, Jio IPO pivot say about market timing
The Singapore plans are not concrete at this stage, a source told Reuters.
SpaceX is likely to target a raise of about $75 billion at a valuation of roughly $1.75 trillion.
Private Credit
The pause is the latest sign of stress in the $3.5t global private credit market.
Venture Capital
Turkish asset manager Arz Portföy also participated in the funding round.
Analysis
OpenAI wanted to resolve its issues with Apple without resorting to legal action.
Private Equity
The stock opened at $20 per share—the same price as its IPO.
Deals
WFC serves more than 300 airlines on 3,500 trade lanes and over 16,000 freight forwarders across more than 80 countries.
The partnership will raise equity and debt capital for infra investments.
Stellaris Venture Partners and Plug and Play Ventures also backed the round.
