Lates News

According to a report by The New York Times, the market is closely watching SpaceX, which is set to begin trading publicly on Friday, as Wall Street expects Elon Musk's rocket company and AI giant to raise over $74 billion from eager investors. However, the latest report states that U.S. Senator Warren is the latest person to express skepticism about the IPO, pointing out potential risks it may pose to retail investors. Warren wrote to SEC Chairman Gensler on Tuesday, hoping the commission would delay SpaceX's IPO. In her letter, she stated that the IPO "appears to present significant risks to individual investors and their retirement savings."