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Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO

Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports  trillion value at IPO

SpaceX’s long-awaited public debut could rank among the most significant stock offerings in history, according to Brett Winton, chief futurist at ARK Invest, who argues the company’s satellite internet business alone can justify a valuation approaching $2 trillion. Elon Musk’s rocket and satellite company set an IPO price of $135 a share, valuing SpaceX at … Read more

Thursday’s big stock stories: What’s likely to move the market in the next trading session

Thursday’s big stock stories: What’s likely to move the market in the next trading session

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 ended a three-day losing run, and what’s on the … Read more

Friday’s big stock stories: What’s likely to move the market in the next trading session

Friday’s big stock stories: What’s likely to move the market in the next trading session

The S&P 500 posted its first close above 7,500 on Thursday. The Dow Industrials recaptured the 50,000 level, aided by surge in Cisco shares. Source link

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