Will SpaceX's blockbuster IPO soar or sputter? Past IPOs offer clues.
Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
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Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.
NASA has announced the names of four astronauts and a backup crew member for the Artemis III mission to the moon. The crew includes NASA commander Randy Bresnik, European Space Agency astronaut Luca Parmitano, who will serve as the pilot, and NASA's Andre Douglas and Frank Rubio, who will serve as mission specialists. The group is expected to test rendezvous and docking procedures with moon landers being built by SpaceX and Blue Origin.
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
SpaceX launched its revamped Super Heavy-Starship rocket on Friday, with some minor issues during the test, ahead of the company's highly anticipated initial public offering.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX on Friday pulled off a test launch of its latest Starship megarocket. CBS News space consultant Bill Harwood has the latest.
Elon Musk's SpaceX scrubbed the high-stakes launch of its biggest Starship rocket over technical problems that occurred shortly before Thursday's scheduled blast-off. Mark Strassmann reports.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX has scrubbed a Thursday test launch of the latest version of its Starship rocket. CBS News space consultant Bill Harwood has the details.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
Elon Musk says he will make chips in the U.S. for use in Teslas and robots. Reuters global aerospace editor Joe Brock joins to discuss.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA astronaut Mike Fincke said he was the crew member whose medical issue required a group of space station fliers to return to Earth earlier than planned last month.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.