About this episode

This episode covers the significant movements in the stock market, including SpaceX's record IPO and Roku's potential sale discussions.

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Griefeld, Carol Massar and Tim Stenovec - Shares of SpaceX (SPCX) climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s business empire into one of the most-valuable public companies in the world.The stock climbed as high as $176.52, or 31% above its offering price, in afternoon trading in New York. The jump in price turned Musk into the world’s first trillionaire and sent the company’s market capitalization above $2 trillion. - Roku (ROKU) is in talks to sell itself, with discussions being held with at least one US media company about a potential combination. No final decisions have been made on a potential sale, and there's no certainty the deliberations will lead to a transaction. Roku's shares rose as much as 24% in New York trading Friday, giving the company a market value of more than $21 billion. - SpaceX’s initial public offering triggered a selloff in the shares…

People in this episode

Hosts: Romaine Bostick, Katie Griefeld, Carol Massar, Tim Stenovec

Topics covered

• SpaceX IPO
• Roku acquisition talks
• US market close
• stock market analysis
• space stocks decline

Keywords

• SpaceX
• Roku
• IPO
• stock market
• space stocks
• Bloomberg
• trillionaire

Mentioned in this episode

Organizations: SpaceX, Roku, Bloomberg Television, Bloomberg Radio, Rocket Lab Corp., Redwire Corp., Virgin Galactic Holdings Inc.

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