Business
Bloomberg Markets 11/01/2024
Business
SpaceX IPO Filing: The Key Numbers
SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and a super-voting share plan allowing Elon Musk to keep the company under his control.
The rocket, satellite and artificial intelligence giant has reported a net loss of $4.28 billion on revenue of $4.69 billion for the first quarter. Some investors remain doubtful whether the sum of Musk’s aspirations for SpaceX are worth valuing at as much as $2 trillion.
Bloomberg’s Charlie Wells discusses on “The Pulse with Francine Lacqua.”
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Business
StanChart CEO Says AI Could Replace ‘Lower-Value Human Capital’
Standard Chartered said it plans to eliminate thousands of support roles over the next four years, joining the ranks of global …
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Business
Trump Ethics Filings Reveal Unusually High Number of Tech Stock Trades
President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3700 trades in the …
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Business
Ray Dalio: ‘Expect a Tribute System’ as China Influence Grows
After spending time with leaders across Asia and China, Ray Dalio says the perception of American power is shifting fast.
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