AI
Research Firm Slams Anthropic IPO, Questions $2 Trillion Valuation
Research firm values Anthropic at $150B ahead of IPO, challenging $2T target and breaking down its loss structure.
Tags: IPO
AI
OpenAI Denies 2026 IPO, Stresses Safety First
OpenAI CEO Altman rules out a 2026 IPO, citing safety and sharing views on uncontrollable AI.
AI
Kimi Files Confidential IPO Application in Hong Kong, Heads for Final Private Round at $50 Billion Valuation
Moonshot AI files confidential Hong Kong IPO at $50B valuation in final private round, as dream valuations end for independent foundation model firms.
Internet Voices
President Trump Acquired SpaceX Shares Shortly After IPO
Financial disclosures reveal President Trump purchased up to $50,000 worth of SpaceX stock immediately after the company's IPO. The stock price has since retreated to its IPO level.
Gadgets
CXMT's Stock Soars 466% on First Trading Day, Focus Remains on Conventional DRAM Over HBM
Chinese DRAM giant CXMT surged 466% in its Shanghai IPO, raising 29.5 billion yuan to strengthen DRAM technology and production. No HBM plans; focus remains on conventional DRAM.
Gadgets
SK Hynix to List on NASDAQ, Aiming to Raise $28 Billion
SK Hynix announces its NASDAQ listing, poised to raise $28 billion in funding, making it the second-largest IPO ever after SpaceX. Driven by AI semiconductor demand, the company aims to directly engage U.S. investors.
AI
The Sandwich Shop's IPO Filing Mentions "AI" 22 Times, Revealing Investor Hype
The IPO filing of sandwich chain Jersey Mike's includes the term "artificial intelligence" 22 times, highlighting how the AI bubble is distorting investor interest across industries.
Gadgets
SpaceX Valued at $2.6 Trillion After IPO, Temporarily Surpasses Amazon
Just three trading days after its IPO, SpaceX saw its valuation surge by $1 trillion, reaching $2.6 trillion and briefly surpassing Amazon. Key drivers included its acquisition of AI firm Cursor and the launch of options trading, though concerns remain over massive losses and the true state of its AI ventures.
Gadgets
SpaceX's Largest IPO Ever Surges 19% on First Day, Market Cap Reaches ~9 Trillion Yen
SpaceX conducted its largest-ever IPO, offering 555.6 million shares at $135 each, raising $75 billion. The first-day closing price was $160.95, a 19% gain, bringing the market cap to approximately 9 trillion yen.
AI
OpenAI and Anthropic Price War Intensifies, Token Fees to Be Reduced
OpenAI is considering significant token price cuts amid intensifying competition with Anthropic. Both companies have filed for IPOs, and the race for users is expected to heat up.
Gadgets
Yuexin Semiconductor Files for IPO with Over 10 Billion Yuan in Accumulated Losses
Chinese foundry Yuexin Semiconductor files for IPO. Rapid sales growth but accumulated losses exceed 10 billion yuan; gross margin of main business is negative. High R&D costs fail to monetize, posing profitability challenges.
Gadgets
Jiefeng Power IPO: Dependence on Major Shareholders and Financial Risks Exposed
Chinese auto parts maker Jiefeng Power applies for an IPO on the Beijing Stock Exchange. With 70% of sales reliant on its largest shareholder and customer, Chery Automobile, questions arise about its business independence. Amid high debt and liquidity shortages, the company’s large dividends highlight governance risks.