The most anticipated listing in modern capital markets history may be just months away. Elon Musk’s SpaceX is reportedly preparing to file confidentially for a U.S. Initial Public Offering as early as March. According to Bloomberg, the rocket and satellite pioneer could seek a staggering valuation of over $1.75 trillion, positioning it to be the...
The institutionalization of AI compute has officially arrived. Mega-funds are no longer just backing software startups; they are actively building vertically integrated “AI factories.” Brookfield Asset Management (BAM) has established a $1.3 billion valuation for its newly formed AI infrastructure company, Radiant, following a strategic merger with London-based cloud computing firm Ori Industries. 💰 THE...
The IPO market is finding its footing by pivoting away from tech volatility and embracing the “Real Economy.” As AI-driven market jitters cause several companies to downsize or delay their public debuts, Janus Living—a senior housing real estate investment trust (REIT)—has officially made its U.S. IPO filing public. The move is a direct play on...
The market is shooting first and asking questions later when it comes to complex credit exposure. Shares of major global banks—including Barclays, Jefferies, and Santander—slid sharply on Friday following reports of their exposure to the collapse of Market Financial Solutions Ltd (MFS), a London-based specialist in complex, property-backed loans. 📉 THE CATALYST: MFS, which boasted...
The scale of AI capital formation has officially surpassed anything we have ever seen in the history of private markets. Ahead of its highly anticipated IPO later this year, OpenAI has secured a staggering $110 billion funding round, cementing its valuation at $840 billion. Big Tech companies are no longer just investors; they are acting...
Private infrastructure capital is making its move to own the foundational layer of the AI revolution: electricity. According to Bloomberg reports, BlackRock-owned Global Infrastructure Partners (GIP) and EQT AB are in advanced talks to acquire U.S. power giant AES Corp (AES). This potential take-private deal highlights a massive shift in how mega-funds are approaching the...