Latest IPO News and Insights | Yellow

SpaceX shares fell for a second straight session Thursday, wiping out more than $600 billion in value and raising doubts about the largest IPO ever. Key Points: SpaceX has shed more than $600 billion in market value across two trading days. The slide followed its $60 billion all-stock deal for Curso

OpenAI is recruiting two marquee names, Google AI legend Noam Shazeer and former White House policy official Dean Ball, as it readies a public market debut. Key Points: Shazeer is leaving Google's Gemini team for OpenAI, less than two years after the search giant lured him back. Ball will lead a new

A synthetic SpaceX futures contract on Hyperliquid cleared roughly $1.4 billion in volume during the rocket maker's Nasdaq debut, while three rival exchanges scrapped their tokenized versions. Key Points: Hyperliquid's SpaceX perpetual handled about $1.4 billion in volume on listing day, near 30% of

Kraken launched pre-IPO perpetual futures tied to OpenAI and Anthropic, giving eligible traders leveraged exposure before either AI company lists publicly. Key Points: Kraken’s new contracts let eligible users trade long or short exposure to OpenAI and Anthropic before any IPO. The products offer up

SpaceX’s record IPO has left SPCX trading as a new off-benchmark gauge for mega-cap risk while S&P 500 inclusion remains delayed. Key Points: SpaceX is excluded from the S&P 500 for at least 12 months under existing IPO rules. SPCX’s first session lifted its market value above $2.0 trillion after a