SpaceX & BNP Paribas

SpaceX: SpaceX is preparing for the largest IPO in history, aiming for a valuation of $1.77 trillion and seeking to raise $75 billion. The company is diversifying its business into AI and space-based data centers, which are key to its future growth and profitability, despite current losses.

BNP Paribas: BNP Paribas's global head of equity capital markets, technology, Ygal El Harrar, commented on the high retail interest in the SpaceX IPO, noting a shift in technology companies' approach to retail participation.

SpaceX: SpaceX completed a roughly $60 billion purchase of Cursor, highlighting the trend of large-scale acquisitions.

BNP Paribas: BNP Paribas' head of UK M&A, Kirshlen Moodley, noted increased outward-looking activity from UK corporates.

SpaceX: SpaceX was welcomed to the Nasdaq in June, contributing to the index's strong performance.

BNP Paribas: BNP Paribas' group chief economist, Isabelle Mateos y Lago, commented on the likelihood of a United States — Federal Reserve rate hike.