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SpaceX speeds toward a June 12 Nasdaq IPO in what could be the largest listing ever

SpaceX is targeting a Nasdaq debut as early as June 12 after an accelerated SEC review, with a public prospectus expected within days and a roadshow slated to begin June 4. The offering could raise about $75 billion at a roughly $1.75 trillion valuation, positioning SpaceX among the most valuable companies to list and potentially qualifying it for fast-track inclusion in major indices—key for early liquidity and passive demand.

Source: FinanceFeeds


China confirms aircraft and jet engine deals, putting Boeing and GE back in focus

Beijing’s confirmation of aircraft and engine purchases following the Trump visit puts a spotlight on Boeing and General Electric’s commercial pipelines. The development could reopen a critical export channel for U.S. aerospace while testing how quickly cross-border regulatory and delivery hurdles can clear after years of disruption.

Source: SeekingAlpha


ASML strikes pact with India’s Tata for a $11B semiconductor manufacturing site

ASML will partner with Tata to advance an $11 billion chip manufacturing site in India, a move that deepens the country’s semiconductor ambitions and extends ASML’s global footprint across critical supply chains. The pact underscores how national industrial policies are reshaping fab locations and tooling demand across Asia.

Source: SeekingAlpha


NextEra and Dominion in talks for a $400B utility tie-up: FT

NextEra Energy and Dominion Energy are in early talks on a potential $400 billion combination, according to the Financial Times, a deal that would create a U.S. power giant spanning regulated utilities and renewables. Any agreement would face intense regulatory scrutiny and could require meaningful divestitures to address market concentration and grid reliability concerns.

Source: SeekingAlpha


Surging Treasury yields pressure real estate stocks as borrowing costs climb

REITs edged lower as Treasury yields jumped, lifting financing costs and compressing deal math across property sectors. With cap rates adjusting and refinancing risk in focus, rate-sensitive corners of real estate remain vulnerable to further bond-market volatility.

Source: SeekingAlpha


Bitcoin ETFs snap six-week inflow streak with $1B in redemptions

Spot bitcoin ETFs saw $1 billion in net outflows for the week, breaking a steady six-week run of inflows that had supported institutional demand. The reversal—concentrated midweek—highlights how flows can flip amid volatility, crowded leverage, and competing equity narratives such as the AI trade; ether ETFs also posted consistent daily outflows.

Source: FinanceFeeds


Tesla raises Model Y prices for the first time in two years

Tesla lifted Model Y prices, marking its first increase in two years as the company balances margin protection with demand in a higher-rate environment. The move will be watched for signals on order momentum, incentive intensity, and how rivals respond in a still-competitive EV market.

Source: SeekingAlpha


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Business — May 17, 2026 | Briefing24