41 stories from 9 sources
The week in U.S. Business and Markets
Click on a headline to see stories that shaped it.
Threads
3 threads
SpaceX moved from weighing an IPO with heavy reported demand to shares indicated to open about 25% above the offer price. The debut turned commercial space into a direct test of whether public investors will support platform-like valuations for launch, satellite, and government businesses.
OpenAI began the formal process for a potential IPO as chipmakers drove another stock advance and Amazon secured $17.5 billion in AI-infrastructure financing. The week showed AI capital demand spanning public-market access, corporate borrowing, and concentrated equity valuations.
Commercial real estate distress broadened across major metro areas even as existing-home sales reached their fastest pace of the year. Lennar’s results showed that builders still faced land, cash-flow, and margin pressure, making the housing recovery uneven rather than broad-based.
Day’s Recap