SpaceX raised the funds at $419.99 per share, CNBC reported, just shy of the $420 at which Elon Musk notoriously said he could take Tesla private.
Louis Vuitton-owner Bernard Arnault is sponsoring a SPAC focused on European finance. More than 140 SPACs have listed in the US this year, and the trend is spreading to Europe. The bank-check companies raise money before finding a target firm to take public. Sign up here for our daily newsletter, […]
Arnault - who owns brands including Christian Dior, Louis Vuitton and Givenchy - is the latest in a long line of big-name SPAC sponsors.
Saudi Aramco, the world’s biggest oil company, will issue a multi-tranche international bond, according to a filing with the national stock exchange. The company has hired Citi, Goldman Sachs International, HSBC, JP Morgan, Morgan Stanley and NCB Capital to underwrite the sale. Aramco did not specify how large the dollar-denominated […]