One mammoth IPO to start: Elon Musk’s SpaceX filed its much-anticipated prospectus late on Wednesday, giving investors a glimpse into the rocket maker’s financials ahead of the largest initial public offering in history. Here are the most important things to know.
And another IPO: OpenAI is preparing to file for a public listing as early as this week, with the AI lab aiming for a blockbuster IPO as soon as September. The company has been laying the groundwork for an offering expected to value it at north of $1tn, according to people familiar with the matter.