WS #10528
SpaceX stock fell 16% in three days, erasing post-IPO gains, while bankers prepare a $20B bond offering to refinance AI expansion debt. NYT reports Mark Zuckerberg directed Meta to create a prediction markets app, with real-money betting not ruled out, potentially disrupting the sector. Apple supplier Lingyi iTech seeks up to $1.1B in a Hong Kong IPO to fund AI, robotics, and smart glasses expansion.
SpaceX Post-IPO Slump and Bond Offering
SpaceX stock fell 16% in three days, erasing post-IPO gains, while bankers prepare a $20B bond offering to refinance AI expansion debt.
NYT reports Mark Zuckerberg directed Meta to create a prediction markets app, with real-money betting not ruled out, potentially disrupting the sector.
Apple supplier Lingyi iTech seeks up to $1.1B in a Hong Kong IPO to fund AI, robotics, and smart glasses expansion.