iposlatest news & developments
Mind the expectation gap train. Wikimedia Commons/Arz/GNU Free Documentation License; Rawpixel; Currency

Mind your market multiples

SpaceX, Anthropic, OpenAI: what the IPO class of 2026 (and their investors) should have learnt from the past 40 years of company listings

IPO bookbuilds. Rawpixel/Currency

The glamour and plumbing of an IPO bookbuild 

The madness of a bookbuild is a great place for retail investors to learn about the mechanics of the stock market

Exploding rocket. Rawpixel/Currency

SpaceX proves meme markets have reached escape velocity

The biggest IPO in history may also be the clearest sign yet that meme-market dynamics have become embedded in mainstream investing

Mega-IPO SpaceX investing. Rawpixel; Currency

SpaceX, sudden wealth and the miracle of the market

SpaceX listed at $135 a share, valuing Elon Musk’s rocket company at $1.77-trillion. Here’s what it reveals about how markets actually work

Earth and satellites. SpaceX. Rawpixel/Currency collage

SpaceX IPO: were the best seats already taken?

SpaceX’s IPO may reflect a shift in markets: research suggests public investors often buy in after the biggest gains are already made

Alpine Macro’s Chen Zhao. Picture: StephenC Photography/RMB

The AI bubble that isn’t quite a bubble yet

The argument in favour of markets being in an AI bubble is statistically pretty strong. But there’s a counterargument too

Rawpixel/Currency Collage

Optasia: more than meets the AI?

Optasia’s AI-fintech pitch promises market disruption, but questions linger about sustainability, regulation, and its real competitive edge.

Fractional investment shares. Rawpixel / currency collage

The youth-driven revolution of bite-sized investing

A new generation is taking control of its financial future, one fractional share at a time