PRIVATE SPACE COMPANIES INDIA
Dhurandhar's Nice!: French President highlights talks with PM Modi with 'Aari aari'
Prime Minister Narendra Modi met with French President Emmanuel Macron in Nice. The leaders discussed strengthening defense, space, and nuclear energy collaborations. They also inaugurated the Bharat Innovates 2026 conclave, marking a significant step in the India-France Year of Innovation. President Macron even used a popular song to capture the essence of the visit.
How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks
One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with a board member of the Musk-led Tesla for an allocation of SpaceX shares in 2023.
Star Wars: How India’s spacetech-defence ties are shaping the future
SpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications and warfare. The company’s role in Ukraine through Starlink and its US defence work highlights the growing importance of private space firms in military and geopolitical affairs.
India now has 2.3 lakh startups, generated 25 lakh jobs: Union minister Jitendra Singh
India's startup sector has created 25 lakh jobs in the last decade, becoming a major economic force. From just a few hundred startups in 2014, India now boasts 2.3 lakh startups, ranking third globally. These ventures are expanding beyond major cities, fostering innovation and entrepreneurship across the nation.
Bharat innovates, ready for take-off
India's deep-tech startups are showcasing their advanced capabilities in France. This event highlights India's growing strength in space, AI, and defence. Indian companies are developing rockets and satellites for global markets. France serves as a key gateway to Europe. This initiative aims to foster international partnerships for co-development and investment.
Elon Musk’s $1,100,000,000,000 net worth exceeds combined fortunes of Page, Brin, Bezos, Ellison & Dell; Here’s what the global rich list looks like now
Elon Musk net worth: Elon Musk's net worth has surged to approximately $1.1 trillion, driven by SpaceX's valuation reaching $2.2 trillion and continued strength in Tesla. This unprecedented wealth places him on the brink of becoming the world's first trillionaire, significantly widening the gap with other global billionaires.
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Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes forever
In 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA awarded the company a $1.5 billion contract. Days later, Tesla secured crucial investor funding, transforming Musk's fortunes and laying the groundwork for his future empire.

Retail investors build big dreams on small slices of SpaceX
SpaceX's initial public offering saw massive retail investor interest. A substantial 30% of shares were set aside for individual buyers. Many investors eagerly bought shares on the first day, contributing to a 19% price surge. Brokerages reported record participation. Some investors received fewer shares than requested, while others bought directly in the market.

SpaceX: Five key moments, from first launch to Starship megarocket
More than 20 years after its founding, SpaceX made history Friday with its record-high stock market debut, crowning a unique journey marked by dazzling successes but also catastrophic failures and unfulfilled promises.

Space stocks slump as blistering rally cools after SpaceX market debut
Space stocks saw a significant drop on Friday. Investors took profits after a strong rally. This occurred on the day of SpaceX's highly anticipated market debut. The Elon Musk-led company achieved a valuation exceeding two trillion dollars. This event has drawn attention to the entire space sector. Other space companies also experienced declines in their stock prices.

SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
SpaceX is poised for a historic Nasdaq debut, aiming for a market valuation over $2 trillion. This marks the world's largest IPO. The company's listing is a significant event for Wall Street's trading infrastructure. Investors anticipate strong initial trading performance. SpaceX's valuation reflects Elon Musk's ambitious vision and its leading position in the space industry.

Global space leaders to gather in Delhi next week for India Space Congress
New Delhi will host the India Space Congress 2026 from June 15 to June 17. Policymakers, diplomats, and industry leaders from over 25 countries will attend. The event will focus on India's ambition to build a USD 44 billion space economy by 2033. Discussions will cover technology, policy, and investment.

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists
In China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamental gap, with firms going public ahead of meaningful revenue and without the proven technology that underpins SpaceX's economics, a mismatch analysts say will cap valuations.

He is 83, loves The Beatles, Billy Joel. Elon Musk calls him 'smart'? Who is Ron Baron and how much the investor will make from SpaceX shares?
As SpaceX makes it historic Nasdaq debut, veteran investor Ron Baron emerged as one of the company's biggest champions. The 83-year-old billionaire investor believes SpaceX will eventually become 'the largest, most profitable company on the planet,' a view that earned praise from Elon Musk. SpaceX is one Baron Capital's most successful bets.

Will SpaceX factor last after IPO? Mega listing plan sparks valuation debate amid AI boom
SpaceX's huge IPO is set to launch, attracting record investor bids. This event will test the market's appetite for AI companies. Investors are watching to see if it signals continued growth or a market peak. The offering's success could influence future AI IPOs from companies like OpenAI and Anthropic. This IPO is a significant moment for global markets.

How to trade the SpaceX IPO in Asia's locked-out markets
Asian investors, largely excluded from SpaceX's massive IPO, are creatively seeking exposure through supply chain companies, industry ETFs, and Nasdaq 100 tracking funds. Perpetual futures and derivatives also offer speculative avenues, reflecting intense interest in the space giant's market debut.

States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX
Letters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket and satellite communications company could have on other investors through its record-breaking $75 billion debut.

US stocks: SpaceX to make historic listing on Nasdaq on Friday that could make Elon Musk a trillionaire
SpaceX is set to make history with the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion. This blockbuster debut could propel Elon Musk to trillionaire status, raising a record $75 billion. The offering, which includes Musk's xAI and X, is significantly oversubscribed and reserves a substantial portion for retail investors.

SpaceX officially confirms Nasdaq listing date
SpaceX is set to make history with the largest initial public offering ever, commencing trading on the Nasdaq exchange on Friday.

SpaceX IPO date, price, valuation, stock symbol, how to buy shares: What US investors need to know about Elon Musk's historic listing
The SpaceX IPO date is Friday, June 12, with shares trading on Nasdaq under ticker SPCX at $135 per share. SpaceX's $1.77 trillion IPO aims to raise $75 billion, shattering the previous record set by Saudi Aramco in 2020. Retail orders alone have surpassed $70 billion, prompting SpaceX to allocate 20% of shares to individual investors.

SatSure bags $2.6 million grant to build AI-powered Earth observation models
Indian space startup SatSure Analytics received a $2.57 million grant to develop AI models for Earth observation, bolstering the nation's sovereign AI capabilities. This initiative aims to create tailored geospatial intelligence systems, reducing reliance on foreign technology for critical applications like climate management and national security.

Explained: How SpaceX’s $75 billion IPO could create opportunity for Inox India shareholders
As Elon Musk's SpaceX heads for a blockbuster IPO, investors are turning their attention to INOX India, a cryogenic technology specialist with growing exposure to the global aerospace industry. The company's recent US aerospace order and strong financial performance have fuelled optimism, sending its shares sharply higher

He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest people
Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement, even during the companies' most challenging periods.

SpaceX's blockbuster IPO could turn more than 4,000 employees into millionaires. Here’s how
SpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor demand signals strong interest, with thousands of employees set to become millionaires through stock options, reflecting a broad-based culture of ownership within the company.

IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption Fund
The three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stage evaluation process involving experts from ISRO, the Department for Promotion of Industry and Internal Trade (DPIIT), the Department of Science and Technology (DST), academia, industry and IN-SPACe, the agency said in a statement on Thursday.

SpaceX IPO: Listing date, valuation among 10 things to know about the biggest stock market debut ever
Elon Musk’s SpaceX is poised for a historic IPO, aiming to raise $75 billion at a $1.75 trillion valuation. Investor demand is strong, with shares set to list on Nasdaq on June 12. The offering prioritizes retail investors and will see Elon Musk retain significant control, despite the company currently operating at a loss.

SpaceX IPO a bid too far? Some opt for a proxy play with Inox India
Inox India shares surged following reports of a massively oversubscribed SpaceX IPO, drawing investor attention to the Indian company as a potential equipment supplier. The stock's rally is supported by strong operational performance and expansion into new segments, though analysts advise caution due to rich valuations.

Charting 6G Road Map: Talks soon with focus on desi tech and patents
India is initiating plans for a 6G mobile communication transition. Discussions will focus on developing local technology and fostering research. The goal is to integrate AI and ensure universal coverage, including remote areas. India aims for a significant share of global 6G patents. Preparations are underway for a future rollout.
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