SpaceX & New Zealand

SpaceX: SpaceX is pursuing an IPO, alongside OpenAI and Anthropic, reflecting the growing interest in technology and AI companies in public markets.

New Zealand: The New Zealand weakened as risk sentiment declined due to geopolitical developments, reflecting its sensitivity to global stability.

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.

New Zealand: Qualified investors in New Zealand might be able to buy SpaceX shares, subject to local eligibility requirements and restrictions.

SpaceX: The upcoming SpaceX IPO drove a rotation of investments out of cryptocurrencies and other speculative assets, impacting their prices.

New Zealand: New Zealand>>> joined a joint statement condemning Iran>>>'s attacks, demonstrating international diplomatic pressure.