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SpaceX Said to Cut IPO Valuation Goal, Blue Origin Rocket Explodes | The Opening Trade 5/29/2026

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 …

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BloombergLean L·7h ago
SpaceX Said to Cut IPO Valuation Goal, Blue Origin Rocket Explodes | The Opening Trade 5/29/2026
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 …
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SpaceX Said to Cut IPO Valuation Goal, Blue Origin Rocket Explodes | The Opening Trade 5/29/2026

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