SpaceX targets $135 IPO price at valuation of $1.77 trillion
The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.

The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.
Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.
The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.
Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
Asia-Pacific markets open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.
Pulte is widely viewed as a Trump loyalist who has targeted the president's political foes during his tenure leading the housing regulatory agency.
Two key tech companies reporting earnings after the bell could determine the next move higher or lower.
Iowa's Senate primary where state Rep. Josh Turek beat state Sen. Zach Wahls could be critical as Democrats look to take back power in Congress.
CNBC's Jim Cramer warned that a growing wave of AI-related capital raises could overwhelm investor demand and create a near-term headwind for stocks.
In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.
Broadcom's AI business will continue to shine and outpace the conservative forecast.
Packaging Corp of America (PKG) is an old-school, brick-and-mortar industrial business.
Democrats pressed the Treasury chief over whether other taxpayers affected by the leak that included Trump's tax returns would receive similar treatment.
The stock was red hot into the earnings report.
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
The Justice Department report on illegal Chinese labor in the U.S. auto industry was due in May.
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads.
Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.
Morgan Stanley's move is one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.
President Donald Trump signed an executive order about AI this week, which Altman voiced support for.
The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.
Investors turn to ETFs linked to AI and Tech, with exposures in the U.S. and Korea/Taiwan doubling in just two months
The Meta Business Agent will be included in the company's Meta One paid subscription offerings.