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Economy08:05 · Jun 9

Huge Demand for SpaceX Share Offering: Institutions Bid for at Least $10 Billion Each

By בלומברג
Translated & summarized from TheMarker by baba
Huge Demand for SpaceX Share Offering: Institutions Bid for at Least $10 Billion Each
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

The year’s largest offering is unfolding very differently from anything seen so far, from a valuation of $1 billion to mass layoffs: behind the upheaval in the promising unicorn, Teva is laying off 250 workers in Israel, the company delisted from the stock exchange wants to delist Payoneer at $2.7 billion. Why is it doing this? "I decided to keep the coffee shop open until 3:00 p.m. I won’t get rich, but it keeps me sane" Autism in 2025: What parents need to know, in cooperation with Dr. Avi Brcher 6 record highs for the dollar-shekel exchange rate over the past 30 years Hedge funds in trust, what are the main differences between the TA-35 and TA-125 stock indices Where is Israel’s real estate market headed in 2026 "The contractor-loan story is behind us": Should you wait or rush to buy an apartment? "We’ll pay $10,000 to anyone who brings us buyers for an apartment" Reverse relocation: "Here people send WhatsApp messages at any hour. If you don’t answer, they chase after you" Adi Shapiro The Finance Ministry is telling high-tech companies to cut workers’ salaries by 20% Meirav Arlosoroff "I invested 360,000 shekels from my provident fund through Global Net. Now there is no one to talk to" Jenia Wolinski "We ran into a bunch of jealous infants who don’t know how to work and don’t want to work" Avi Bar-Eli "The contractor-loan story is behind us": Should you wait or rush to buy an apartment? Hadar Horash "We’ll pay $10,000 to anyone who brings us buyers for an apartment" Gili Melnitzky

Read the original at TheMarker
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