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SpaceX shareholders approve 5 for 1 split as Nasdaq IPO date nears June 12

SpaceX shareholders approve 5 for 1 split as Nasdaq IPO date nears June 12

SpaceX shareholders have approved the board recommended 5 for 1 stock split, according to Bloomberg. Shareholders were emailed that the stock’s fair market value would be adjusted to $105.32 per share from $526.59. The split is expected to be processed during the week of May 18 and completed by May 22. Separately, Reuters reports SpaceX is aiming to list on Nasdaq as early as June 12, with plans to pursue a massive capital raise at a valuation around $1.75 trillion.

Summarised by Beize from a story on The Economic Times on 16 May 2026
SpaceX speeds up IPO with June 11 pricing and a possible June 12 Nasdaq debut

SpaceX speeds up IPO with June 11 pricing and a possible June 12 Nasdaq debut

SpaceX has accelerated its IPO plans, with pricing expected as early as June 11 and a potential Nasdaq debut by June 12, sources told Reuters. The company is moving to make its prospectus public as early as next Wednesday, launching a roadshow around June 4. This schedule pulls the process forward from a previously expected late-June timeframe. A faster-than-expected SEC review of its filing is cited as a key driver, while Nasdaq 100 index inclusion remains part of the strategy.

Summarised by Beize from a story on The Economic Times on 15 May 2026

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Govt clears Mahanadi Coalfields IPO as Coal India plans to cut stake by up to 25 percent

Govt clears Mahanadi Coalfields IPO as Coal India plans to cut stake by up to 25 percent

India’s government has approved the listing and disinvestment of Mahanadi Coalfields Limited (MCL), opening the door for an IPO. DIPAM and the Ministry of Coal cleared the proposal after Coal India and MCL boards endorsed it and the Alternative Mechanism (AM) approved it. Coal India can dilute its stake in MCL by up to 25% through an offer for sale tied to the IPO and additional tranches, while MCL may also raise fresh capital via IPO, follow-on offers, QIPs, or other SEBI-approved routes.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Flipkart freezes IPO plans as volatility bites markets and quick commerce spending reshapes its timeline

Flipkart freezes IPO plans as volatility bites markets and quick commerce spending reshapes its timeline

Flipkart has put its IPO plans on indefinite hold as market volatility and a crowded listing pipeline squeeze investor appetite. The pause comes after Walmart CEO John Furner visited India and follows other Walmart-linked delays, including PhonePe’s IPO postponement. Flipkart had aimed to file draft papers in late 2026 or early 2027 after NCLT approval to move its domicile back to India. Meanwhile, it is scaling quick commerce “Minutes” with nearly 100 stores a month, even as heavy investment pushes profitability further out.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Rapido secures $240 million at $3 billion valuation as Flipkart pushes IPO to 2028

Rapido secures $240 million at $3 billion valuation as Flipkart pushes IPO to 2028

On 15 May 2026, India’s startup scene saw fresh capital across mobility, consumer brands, and healthtech. Rapido raised $240 million in a primary round led by Prosus, valuing the ride-hailing firm at $3 billion, as part of a larger $730 million transaction. Consumer toy brand Legend of Toys bagged ₹21 crore in a pre-Series A. D2C sweetener brand The Sweet Change raised ₹70 lakh. Meanwhile, Flipkart deferred its IPO to 2028, and Innovaccer cut 340 jobs during an AI shift.

Summarised by Beize from a story on Startup Talky on 15 May 2026
SEBI greenlights three IPOs Neolite ZKW Aspri Spirits and SS Retail set to raise Rs 1240 crore

SEBI greenlights three IPOs Neolite ZKW Aspri Spirits and SS Retail set to raise Rs 1240 crore

SEBI has approved IPO plans for Neolite ZKW Lightings, Aspri Spirits and SS Retail, clearing the way for the trio to tap India’s primary market. Neolite ZKW Lightings will raise Rs 600 crore via a Rs 400 crore fresh issue and Rs 200 crore OFS, funding a greenfield facility in Kancheepuram, expansion and debt repayment. Aspri Spirits seeks up to Rs 140 crore through a fresh issue plus OFS. SS Retail plans a Rs 500 crore IPO with Rs 300 crore fresh shares and up to Rs 200 crore OFS.

Summarised by Beize from a story on The Economic Times on 15 May 2026

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Flipkart indefinitely pauses IPO as volatility bites and quick commerce bets accelerate instead

Flipkart indefinitely pauses IPO as volatility bites and quick commerce bets accelerate instead

Walmart-owned Flipkart has indefinitely paused its IPO plans, citing heightened market volatility, a crowded slate of upcoming listings, and weak investor appetite for a still-loss-making company. The move follows PhonePe’s $1.3 billion IPO postponement and comes as geopolitical shocks are blamed for further market jitters. Instead, Flipkart is pouring resources into quick commerce via Flipkart Minutes, expanding by nearly 100 stores a month since March and targeting 1,100–1,200 stores by July 2026.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Tata Sons listing pressure grows as RBI rules could force a major shift for Tata Trusts

Tata Sons listing pressure grows as RBI rules could force a major shift for Tata Trusts

Tata Sons, the holding company behind 31 Tata group firms, is facing intensifying pressure to list on stock exchanges. Shareholders including the Shapoorji Paloonji Group are pushing for a listing, while revised RBI rules for core investment companies could require it if assets exceed Rs 1 lakh crore or if public funds are accessible. A Saturday meeting of Sir Dorabji Tata Trust and Sir Ratan Tata Trust will discuss RBI implications, with internal trustee views reportedly split.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Flipkart IPO Delayed to 2028 as Walmart blocks fundraising and demands EBITDA breakeven in FY27

Flipkart IPO Delayed to 2028 as Walmart blocks fundraising and demands EBITDA breakeven in FY27

Flipkart has reportedly deferred its IPO plans to at least next year, with Walmart—the retailer holding 80%—pushing the company to prioritize EBITDA breakeven in FY27. Walmart is said to have asked Flipkart to pause fundraising, putting its planned $2–2.5 billion pre-IPO round on hold. The move also raises questions about Flipkart Minutes, its quick commerce arm, which is capital- and cash-burn heavy amid fierce competition. Flipkart’s internal restructuring and cost efforts have not yet convinced Walmart.

Summarised by Beize from a story on Inc42 on 15 May 2026
Simple Energy gears up for IPO with ₹126.7 cr raise led by Thyrocare founder

Simple Energy gears up for IPO with ₹126.7 cr raise led by Thyrocare founder

Simple Energy, an IPO-bound electric two-wheeler startup, is raising ₹126.7 crore in a round led by its existing backer, Thyrocare founder Arokiaswamy Velumani. MCA filings show shareholders approved issuance of 2.11 lakh Series X CCPS at ₹6,000 each. Cofounders Suhas Rajkumar and Ankit Gupta will invest ₹13.5 crore each. The funding supports growth and business expansion as the company prepares for a public listing, having already built a total funding pool above $84 million.

Summarised by Beize from a story on Inc42 on 15 May 2026

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Simca Advertising IPO to list today but grey market bets whisper modest gains for investors

Simca Advertising IPO to list today but grey market bets whisper modest gains for investors

Simca Advertising’s SME IPO, subscribed 80.88 times, is set to list on the NSE SME platform on May 15. Despite strong demand across QIB, NII and retail categories, grey market indications point to a muted debut, with GMP around 1%—only a small premium over the issue price of Rs 183. The Rs 58 crore issue was a fresh share sale, priced within Rs 174–183. Funds will support LED screens, digital monetisation partnerships and working capital.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Cerebras IPO ignites trading surge as $100 billion valuation validates wafer scale AI chips in real time

Cerebras IPO ignites trading surge as $100 billion valuation validates wafer scale AI chips in real time

Cerebras’ Nasdaq debut sent its shares nearly doubling and pushed the AI-chip maker past a $100 billion market cap in hours. The win follows a turnaround from earlier customer-concentration concerns to new cloud-and-partnership momentum with OpenAI and AWS, as the company pivots toward inference capacity sold as a service.

Summarised by Beize from a story on Venture Beat on 14 May 2026
Benchmark’s VC almost skipped Cerebras pitch then raked in billions from the hardware IPO

Benchmark’s VC almost skipped Cerebras pitch then raked in billions from the hardware IPO

Cerebras Systems’ IPO delivered a windfall, including major gains for Benchmark, which holds 9.5% of the AI chipmaker. But the payoff traces back to one nearly-missed meeting: Benchmark partner Eric Vishria dragged his feet on an early pitch for a hardware startup he’d rarely funded. He even complained to his assistant about the calendar slot. After hearing the basics of Cerebras’ approach, he greenlit deeper review, ultimately backing a team that spent years solving extreme engineering hurdles.

Summarised by Beize from a story on TechCrunch on 14 May 2026
California and New York pension chiefs warn SpaceX IPO rules could leave investors powerless

California and New York pension chiefs warn SpaceX IPO rules could leave investors powerless

Three of America’s largest public pension systems have urged Elon Musk to change SpaceX’s planned governance before its IPO. New York State Comptroller Thomas DiNapoli, New York City Comptroller Mark Levine and California PERS CEO Marcie Frost say the proposed structure gives Musk outsized control, including voting dominance and veto power over his removal, plus litigation protections such as mandatory arbitration. They also warn Musk’s cross-company leadership could create conflicts. The IPO is projected to be the biggest ever, targeting $75 billion raised at a $1.75 trillion valuation.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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Blackstone lands 1.75 billion IPO for AI data centre REIT betting on hyperscaler demand

Blackstone lands 1.75 billion IPO for AI data centre REIT betting on hyperscaler demand

Blackstone has raised $1.75 billion through the IPO of Blackstone Digital Infrastructure Trust, a new REIT built to capitalize on the AI-driven demand for data centers. The trust sold 87.5 million shares at $20 each and plans to buy existing, leased facilities worth $250 million to $1.5 billion rented to investment-grade hyperscalers. The deal also broadens Blackstone’s investor reach beyond institutions, while the REIT’s blind-pool structure means it lists before buying any assets.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Cerebras CBRS rockets 90% in Nasdaq debut valuing it above $75 billion as AI chip race heats up

Cerebras CBRS rockets 90% in Nasdaq debut valuing it above $75 billion as AI chip race heats up

Cerebras, an AI chipmaker founded in 2015, made a stunning Nasdaq debut with its shares jumping about 90%. Priced at $185 in its IPO, the stock opened at $350, quickly pushing the company’s valuation to over $75 billion. The move highlights surging investor demand for AI infrastructure, with subscriptions reported at more than 20 times the available shares. The debut also underscores how fiercely Nvidia, AMD and Intel are competing for the AI hardware buildout.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Cerebras stock debut sends chip startup to $80 billion value after shares surge nearly 80 percent

Cerebras stock debut sends chip startup to $80 billion value after shares surge nearly 80 percent

US chip startup Cerebras Systems roared into public trading, with shares jumping more than 80% on Nasdaq and briefly more than doubling earlier in the session. The company reached a market value of about $80 billion during the trading debut. Around 1730 GMT, Cerebras was trading at $332.51, after having surged to roughly $385 at one point. The strong debut reflects continued investor demand for companies tied to the artificial intelligence spending and chip investment boom.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Blackstone data center debut goes flat as $1.75 billion IPO prices at $20 per share

Blackstone data center debut goes flat as $1.75 billion IPO prices at $20 per share

Blackstone Digital Infrastructure Trust began trading flat on its New York Stock Exchange debut after raising $1.75 billion in a U.S. IPO. Shares opened at $20 and the firm sold 87.5 million shares at the same price. The listing arrives amid a U.S. IPO rush led by artificial intelligence-linked companies, including Cerebras and Fervo Energy. Blackstone says the vehicle will focus on newly built data centers leased to investment-grade hyperscale tenants and has flagged $25 billion in near-term opportunities across key markets.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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Cerebras IPO explodes with a $5.5B raise after prices jump far above guidance

Cerebras IPO explodes with a $5.5B raise after prices jump far above guidance

Cerebras pulled off a blockbuster IPO, raising $5.5 billion and pricing shares Wednesday night at $185—well above its earlier range that stretched from $115 to $125, later revised upward. The offering grew to 30 million shares, and pre-market trading suggests a sharp opening pop driven by retail demand. At the IPO price, the company’s fully diluted valuation lands at $56.4 billion. The turnaround follows an earlier CFIUS roadblock and a major revenue and profit swing in 2025.

Summarised by Beize from a story on TechCrunch on 14 May 2026
Cerebras stock debuts on Nasdaq as CBRS starts trading today should investors buy

Cerebras stock debuts on Nasdaq as CBRS starts trading today should investors buy

Cerebras has begun trading on the Nasdaq Global Select Market under the ticker CBRS, marking its U.S. stock market debut. The move puts the chipmaker’s growth plans directly in front of investors, but debut stocks can be volatile. Here’s what the listing means, and the key factors to watch before deciding whether CBRS belongs in your portfolio.

Summarised by Beize from a story on The Economic Times on 14 May 2026
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