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Business June 3, 2026

SpaceX Sets $135-a-Share IPO Price, Targets Record $75 Billion Raise at $1.75 Trillion Valuation

The rocket and satellite company plans to sell 555.6 million shares on Nasdaq on June 12, vaulting past Saudi Aramco's 2019 offering to claim the largest IPO in history - if demand holds.

By Sasha Park, Correspondent Read the story →

More on the Business desk

Business Jun 2, 2026 Weatherford Buys NCS Multistage in All-Stock Deal to Expand Oilfield Completions Business Weatherford International struck a definitive agreement on June 1 to absorb NCS Multistage Holdings in a stock-and-cash transaction, targeting at least $15 million in annual cost synergies within 18 months of close.
By Sasha Park, Correspondent
Business Jun 2, 2026 U.S. Bancorp Closes BTIG Acquisition, Paying Up to $1 Billion for Capital Markets Firepower The Minneapolis bank absorbs a top-10 equity broker to plug gaps in institutional trading and M&A advisory, with up to $275 million of the purchase price contingent on performance over three years.
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Business Jun 1, 2026 Mastercard Bets $1.8 Billion on Stablecoin Infrastructure With BVNK Deal The card network's pending acquisition of London-based BVNK - the largest stablecoin infrastructure deal on record - signals a strategic pivot toward owning the rails beneath digital-currency commerce, not just riding them.
By Sasha Park, Correspondent
Business Apr 29, 2026 Corporate Development as Venture Capital: What the Convergence Tells Us About How Big Companies Now Buy Growth Strategic acquirers have been quietly rebuilding their deal teams in the image of venture funds, and the implications for founders, investors, and the M&A market are worth understanding.
By Sasha Park, Correspondent
Business Apr 22, 2026 What the SPAC Boom Left Behind: A Generation of Boards Built for Speed, Not Scrutiny When hundreds of companies went public through blank-check mergers, they inherited boards assembled in weeks rather than years, and many are still living with the consequences.
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Business Apr 8, 2026 Why Private Equity Hold Times Keep Stretching, and What That Costs Everyone in the Chain The median PE holding period has crept past six years in recent cycles, straining LP return models and reshaping how GPs value portfolio companies.
By Sasha Park, Correspondent
Business Apr 1, 2026 How Secondary Markets Rewrote the Startup Compensation Calculus When early employees can sell shares before an IPO, the option grant stops being a lottery ticket and starts behaving more like a salary line.
By Sasha Park, Correspondent
Business Mar 25, 2026 Anatomy of the Dual-Class Share: How a Capital Structure Became a Governance Philosophy Tech founders borrowed a century-old mechanism to insulate themselves from markets they also wanted to access. The tradeoffs are still being priced in.
By Sasha Park, Correspondent
Business Mar 18, 2026 Why the Rule of Forty Is a Better Story Than a Scorecard The growth-plus-margin shorthand became the default screen for software valuations, but its blind spots are wide enough to drive a freight train through.
By Sasha Park, Correspondent
Business Mar 11, 2026 The Balance Sheet as Competitive Weapon: How Working Capital Management Became a Moat The companies compounding quietly at the top of their industries often share a trait that income-statement analysts miss: they make their suppliers and customers finance their growth.
By Sasha Park, Correspondent
Business Feb 25, 2026 Revenue-Based Financing: What the Structure Reveals About the Companies That Choose It A primer on the mechanics and trade-offs of revenue-based financing, the capital structure that looks like debt, acts like equity, and suits a narrow slice of borrowers.
By Sasha Park, Correspondent
Business Feb 18, 2026 How Family Offices Became Quiet Rivals to Private Equity Ultra-high-net-worth families are cutting out the fund manager and writing checks directly into companies, reshaping who sits across the table from founders.
By Sasha Park, Correspondent
Business Feb 11, 2026 An Anatomy of Enterprise Sales: What the Numbers Inside a B2B Pipeline Actually Reveal Sales cycle length, win rates, and average contract value are not vanity metrics. They are the stress tests a serious investor should run before believing any software company's revenue guidance.
By Sasha Park, Correspondent
Business Jan 28, 2026 An Anatomy of Early-Stage Acquisition Pricing: What Advisors Actually Do The gap between a startup's last venture round and what a strategic acquirer will pay is not a mystery. It is a negotiation staged around a handful of models that every banker uses and almost no founder fully understands.
By Sasha Park, Correspondent
Business Jan 14, 2026 Why the Earnings Call Has Drifted From Accounting Exercise to Marketing Event The quarterly call was designed to inform capital allocators. Increasingly it performs for a different audience, and the gap between those two jobs is widening.
By Sasha Park, Correspondent

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