Rivian IPO set to launch next week with initial valuation of over $60 billion

Rivian is set to launch its initial public offering next week with a proposed valuation of just over $60 billion, according to a new report. Rivian will disclose its target valuation in an updated regulatory filing later today, according to The Wall Street Journal. Rivian will begin pitching introductory shares to investors sometime tomorrow, with the […]

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SpaceX astronaut launch slips into November

Poor sea states and weather conditions along the Falcon 9 rocket’s ‘ascent corridor’ has forced SpaceX and NASA to delay their next joint astronaut launch from Sunday to Wednesday. While conditions improved soon after, unfavorable orbital mechanics precluded backup launch windows on Monday or Tuesday, pushing SpaceX’s Crew-3 launch and crew rotation mission to no […]

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Tesla stock has risen over 50% in 1 month

Tesla stock (NASDAQ: TSLA) has surged over 50% in a single month for the first time since October 2020. It marks the first time in one year that the electric automaker has experienced a drastic spike in its stock price and valuation, and two massive events triggered both rises. Last week, Tesla locked in a […]

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