SpaceX Said to Cut IPO Valuation Goal, Blue Origin Rocket Explodes | The Opening Trade 5/29/2026
Community Score: 50% | 414 views | 20h
0 community ratings: null thumbs up, null thumbs down
SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter, as Elon Musk’s rocket and artificial intelligence company nears its debut. Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Joumanna Bercetche and Tom Mackenzie. Chapters: 00:00:28 - Market Check 00:02:38 - Stocks Rise to Record 00:04:36 - Dell Stock Serges 00:05:56 - Space X IPO 00:09:47 - Europe Inflation Watch 00:10:27 - China Export Prices Climb 00:11:06 - Germany Party Unrest 00:11:15 - Blue Origin Rocket Explosion 00:1
Tags: AI, Anthropic, BOJ, Bitcoin, Blue Origin, Bonds, Brent Crude, CEO, Dell Inc., Euro, Euro Stoxx, European stocks, FTSE 100, Fed, French Open, Gas Prices, Geopolitics, Gold, Guy Johnson, Iran
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%