SpaceX targets $75bn IPO raise

About this episode

The episode discusses SpaceX's planned IPO, market reactions, and recent tariff proposals by the U.S.

SpaceX is reportedly planning a float share price of $135, eyeing around a $75bn IPO raise. However, Morningstar analysts believe the figure is hugely overpriced while Goldman Sachs CEO David Solomon tells our colleagues Stateside he believes that markets are living in a moment of ‘greed’. The U.S. proposes fresh tariffs on up to 60 countries it believes have failed to ban imports made with forced labour. Both the EU and China feature on the list. And in retail news, Zara owner Inditex has confirmed its guidance, reassuring investors that it can continue its strong start to the summer season amid cost-of-living pressures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

Topics covered

• IPO
• tariffs
• retail
• forced labour
• market analysis

Keywords

• SpaceX
• IPO
• tariffs
• Inditex
• Zara
• David Solomon
• Morningstar

Mentioned in this episode

Organizations: SpaceX, Goldman Sachs, Morningstar, Inditex

Products: Zara

Places: U.S., EU, China

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