Space X, The World's Largest IPO Is Coming Up. Champagne's On Ice – Now What?

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SpaceX, the rocket maker and artificial intelligence company, set a price for its initial public offering on Wednesday of $135, which would value it at $1.77 trillion and crown it the largest I.P.O. ever – which is poised to exceed the 2019 initial public offering of Saudi Aramco in both valuation and money raised.

At that price, SpaceX would raise $74.4 billion from the offering, and its valuation would be more than 40 percent higher than the $1.25 trillion that it valued itself at in February.

Champagne's on ice – now what?

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What Would You Do If Your Firm Lost $1.9 billion in a Year?

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Burdened by its persistent loss-making ability, WeWork, an American real estate company that provides shared workspaces for technology startups, and services for other enterprises, could postpone its now controversial IPO until October.  Why?  To get its ducks (offices) in a row.  Here's the scoop.

WeWork is badly in need of more cash, having lost $1.9 billion on revenues of $1.8 billion in 2018. For the first half of 2019, WeWork reported an operating loss of $1.37 billion, more than double the loss for H1 2018. It reported $1.54 billion in revenues in the first half of 2019. The company is on track to exceed its operating losses in 2018.

Feeling the heat from lackluster investor interest and burdened by its persistent loss-making ability, WeWork has some issues.

Language Learning Firm Grows Global

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It goes to show you how important speaking more than one language is to our world (growth potential appears to be enormous). The Arlington, VA-based language instruction company, Rosetta Stone, saw its share prices soar last week in its debut on the New York Stock Exchange.

As reported in the WSJ on Friday, April 17:

"We have a real opportunity to grow globally," said Rosetta Chief Executive Tom Adams after the stock began trading.

Read more here.