Offering

• SpaceX has launched the largest IPO in history, raising $75 billion and more than doubling the previous record. • CEO Elon Musk is leveraging the capital to accelerate the growth of Starlink and develop space-based AI centers. • The historic market debut is being analyzed by financial experts, including Barron’s Roundtable editor Josh Schafer, as a pivotal moment for the company's vision.

• Deloitte released a new M&A Pulse Survey featuring insights from 500 corporate and private equity (PE) leaders regarding current market trends. • The findings reveal a sense of "cautious optimism" for deal activity leading into 2026, with leaders emphasizing a more disciplined approach to acquisitions. • Cross-border acquisitions are highlighted as a primary strategic path for growth as dealmakers seek new opportunities.

ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market historyOpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intelligence giant’s debut on Wall Street is expected to be one of the most highly valued listings in market history with a valuation at more than $850bn.“We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” the company’s post reads. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.” Continue reading...

Former investment star was banned from holding senior manager roles after collapse of popular equity fund The UK financial regulator is taking legal action against the former investment star Neil Woodford for allegedly offering unauthorised investment advice online, months after being banned from the City.The Financial Conduct Authority said it was seeking an injunction against Woodford and W4.0, a United Arab Emirates-registered company, to stop them carrying out “potentially unlawful activities”. Continue reading...

Premier Group Recruitment went into administration with debts of £2.9m – including £647,000 owed to HMRCA recruitment executive – who was allowed to buy back the assets of his bust company in instalments despite it accumulating almost £3m of debt – has fallen behind on promised payments after pledging to send staff on an all-expenses paid trip to Las Vegas.The development is the latest case to raise questions about the practice of “phoenixism”, accounting’s controversial art of liquidating companies to allow directors to rise from the ashes with a new entity, free of debts. Continue reading...

Fraudsters exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings potsThe caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system.From April next year, any money left in a defined contribution pension after your death, which is most workplace and all private pensions, will be pulled into the IHT net. Continue reading...

Sophie Corcoran challenging 10,000 Interns Foundation, which works with people from under-represented groupsAn influencer is taking a charity that organises internships for black and minority ethnic people to court because they do not organise schemes for white people.Sophie Corcoran, a GB News commentator, applied to a programme the 10,000 Interns Foundation was running with the Bar Council. She said she was “shocked to discover that the scheme is restricted to applicants of a particular racial background”. Continue reading...