SpaceX reportedly eyes 2026 IPO as secondary market booms
SpaceX is reportedly lining up four major banks for a potential 2026 IPO, a move that could signal a broader reopening of the public markets.
Tuesday, October 13, 2026
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SpaceX is reportedly lining up four major banks for a potential 2026 IPO, a move that could signal a broader reopening of the public markets.
Ethos Technologies debuted on the Nasdaq, raising approximately $200 million, as the profitable insurtech platform is watched as a bellwether for the 2026 listing cycle.
Apple reported its best-ever iPhone quarter with $85 billion in sales, partially driven by surging demand in China and India and the popularity of the iPhone 17.
Apple reported $143.8 billion in quarterly revenue, but analysts are questioning the company's strategy for monetizing AI investments amid broader industry uncertainty.
Medium CEO Tony Stubblebine is allowing employees to take Friday off to participate in a nationwide general strike protesting ICE raids in U.S. cities.
Microsoft reported $81.3 billion in quarterly revenue, but shares dipped as investors questioned whether massive AI infrastructure spending will yield sufficient returns.
Tesla beat earnings estimates as its energy storage business grew significantly, helping offset a 45% profit decline in 2025 driven by lower electric vehicle sales.
Meta’s Reality Labs unit lost some $19.1 billion in 2025, prompting layoffs and a strategic pivot toward wearables as the company expects similar losses in 2026.
Microsoft reported $81.3 billion in quarterly revenue, bolstered by a $7.6 billion net income increase tied to its OpenAI investment and significant Azure commitments from AI partners.
Tesla’s profit fell 46% globally in 2025 as car sales declined for the second consecutive year, prompting a strategic pivot toward AI and energy investments.
Once Upon a Farm has resumed its IPO plans, targeting a $764.4 million valuation and an expected February 6 debut, which may signal a broader market thaw.
SpaceX is reportedly eyeing a June IPO to raise at least $50 billion, aiming for a $1.5 trillion valuation to fund its Starship rocket development.
Allbirds is closing almost all of its physical stores by the end of February, leaving just two U.S. outlet locations and two full-price stores in London open.
Amazon is cutting 16,000 corporate jobs, its second major reduction in three months, while simultaneously pivoting its physical retail strategy toward Whole Foods expansion.
Shadowfax shares fell about 9% on its market debut, as investors weighed concerns about the logistics firm’s heavy reliance on a small group of large e-commerce clients.
Amazon is closing its branded Amazon Go and Amazon Fresh stores to prioritize Whole Foods expansion and licensing its "Just Walk Out" technology to third parties.
Pinterest plans to lay off less than 15% of its workforce by late September, reallocating resources toward AI-focused roles and products.
Khosla Ventures founder Vinod Khosla and partner Ethan Choi publicly disavowed partner Keith Rabois’ comments regarding an ICE shooting, raising questions about potential cap table fallout.
Milan-based Bending Spoons, now valued at $11 billion, is aggressively acquiring tech firms like Vimeo, where it recently initiated sweeping layoffs amid reports of a potential IPO.
Apple shipped about 14 million iPhones in India in 2025, capturing a record 9% market share even as the broader smartphone market remained largely flat.