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Asia chip stocks rebound after U.S. tech gains while SpaceX, OpenAI and Anthropic IPO plans pull fresh cash toward Wall Street listings this week.
The SpaceX IPO could force $50 billion in stock sales as investors liquidate chip and AI holdings to fund SPCX purchases, per BNP Paribas analysis.
S&P Dow Jones rejected SpaceX fast-track rules June 4, pushing S&P 500 eligibility to mid-2027 and delaying an estimated $14B in passive inflows to index funds.
SEBI's 109-page order alleges Rajesh Exports misrepresented ₹15.15 lakh crore in revenues over five years. Forensic auditors verified only 35% of records.