IPO
- Opinion
- Mergers & acquisitions
Why Elon Musk just created a $1.8 trillion space monster
Elon Musk has always had a remarkable capacity to convince investors to help pay for his fantastical dreams.
- Stephen Bartholomeusz
Latest
Gamers’ chat platform Discord readies for sharemarket float
The chat app, which is widely used by teenage gamers, is preparing an IPO, sources say.
- Caroline Hyde and Bailey Lipschultz
- Opinion
- Elon Musk
Master of the universe: Musk wants to take data centres to space
He’s already the world’s richest man. His latest move is making Elon Musk look increasingly like the poster boy for extreme universal capitalism.
- Elizabeth Knight
- Updated
- Wall Street
This 39-year-old just became a billionaire after stunning Wall Street debut
Brendan Blumer started a business at age 15 selling in-game digital assets for online games including World of Warcraft before turning his eyes to crypto.
- Dylan Sloan
The 33-year-old who is about to become a billionaire
Dylan Field’s company is about to start trading on Wall Street, setting him up for a multibillion-dollar windfall. But he could be looking at another 10-figure payday.
- Biz Carson and Tom Maloney
- Updated
- Aviation
Virgin Australia shares take off on ASX despite Mid-East jitters
Virgin Australia has returned to the local sharemarket after more than four years’ absence – and investors are keen.
- Chris Zappone
- Opinion
- Aviation
The airline facing a double-whammy after Trump’s bunker-busting
Timing is everything for investing, and for Bain, the timing of the Virgin listing looks atrocious.
- Elizabeth Knight
- Opinion
- Aviation
This airline is facing the ultimate makeover test
Since its launch as the cheeky disruptor funded by Richard Branson, Virgin Blue has had many corporate faces – not all of them attractive.
- Elizabeth Knight
- Updated
- Aviation
‘What Australia needs’: Qantas’ chief rival looks to soar back onto ASX
Private equity owner Bain Capital will sell about 30 per cent of Qantas’ biggest domestic rival, which would value the company at close to $2.3 billion.
- Chris Zappone
Why this year’s biggest float has disappointed
Shares in data centre landlord DigiCo have slumped since listing, despite investor excitement over the rapid growth of AI and growing demand for data storage.
- Simon Johanson