SK Hynix, CXMT Mega-IPOs Siphon $28.8B From Crypto Liquidity
Two semiconductor listings worth a combined $28.8B are pulling global capital into AI infrastructure just as stablecoin market cap posted its largest monthly drop since TerraUSD.
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Two semiconductor listings worth a combined $28.8B are pulling global capital into AI infrastructure just as stablecoin market cap posted its largest monthly drop since TerraUSD.
Every major underwriter opened SpaceX with a buy-equivalent rating, but the spread from Goldman's $205 to Raymond James's $800 is the real story for investors pricing the post-IPO range.
Palantir and Strategy both peaked around their Nasdaq 100 inclusion dates and then bled for months. SpaceX enters at a 28% drawdown already, after a 50% post-IPO surge the market may have fully…
Unitree's listing is China's biggest robotics debut to date and a signal that Shanghai is still open to AI-hardware listings despite tighter capital-markets scrutiny on the sector.
The dual-listing structure is the actual product: Securitize is already in talks to tokenize other IPOs within the next year, turning one listing into a template for the next wave.
The sandwich chain joins a 2025 restaurant IPO queue that already includes Cava and Sweetgreen, with growth-stage multiples now under fresh scrutiny from public-market investors.
The listing marks a rare public-market debut for a core piece of the RWA tokenization stack, giving institutional investors direct equity exposure to the infrastructure layer underpinning on-chain…
The proposal, raised by Sam Altman in early talks with Trump administration officials, would tether federal AI policy leverage to public ownership and almost certainly require an act of Congress.
Low redemption rates under 30% signal real holder conviction, not arbitrage, a notable vote of confidence for a tokenization platform listing into a still-cautious RWA market.
By deal value the market is matching 2021's full-year record, but the U.S. has averaged only ~100 IPOs annually for 25 years versus 400 at the dot-com peak.
Kraken's parent Payward would pay 35,000 ETH for 250,000 AAVE and a common equity stake, the first deal in a planned push into active DeFi investing ahead of its widely anticipated IPO.
The prediction treats SpaceX's pullback to $156 as a base rather than a breakdown, but the model's own bear case concedes the stock already prices in enormous expectations.
A successful Q3 close would push Kalshi's valuation lead over crypto-native Polymarket to roughly 2.7x, while CEO Tarek Mansour floats an IPO no earlier than 2027.
The 50% post-IPO spike and ~34% drawdown in five sessions mirror the 2010 Tesla playbook almost bar-for-bar, but the missing piece is the S&P 500's second-half correction that has yet to arrive.
Revenue nearly doubled and the adjusted net loss beat consensus, but a sharp step-down in core gross margin is the read investors are pricing in.
The pitch to bankers comes six weeks after a $1B Series F at a $22B valuation, with annualized revenue doubling since March and May monthly volume hitting $16.8B — even as state-level lawsuits pile…
Eight days post-IPO, SpaceX trades at 130x sales on a $4.94B loss — and the hottest risk-capital trade is an unprofitable stock siphoning the same flow bitcoin wants.
SpaceX debuted on public markets in June 2026 and has climbed roughly 50% from its opening price, a surge that mirrors…
SpaceX shares extended their post-IPO rally to $222.52 on Tuesday, up 27.6% in 24 hours and more than 50% above the…
SpaceX has surpassed Microsoft in market capitalization, claiming the rank of the fourth most valuable company in the…