News & Updates
The latest news and updates from companies in the WLTH portfolio.
Exclusive-SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
NEW YORK, April 21 (Reuters) - SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion.
SpaceX Hosts Analyst Meetings Ahead of Historic $75 Billion IPO
SpaceX is hosting three days of closed-door analyst meetings at its Texas Starbase launch site and Tennessee data centre ahead of a late‑June IPO, aiming to raise $75 billion at a valuation up to $1.75 trillion. SpaceX Courts Wall Street with Analyst Meetings Ahead of $75 Billion IPO SpaceX's IPO Roadshow and Analyst Engagements By Echo Wang Exclusive Analyst Briefings at Key SpaceX Facilities NEW YORK, April 21 (Reuters) - SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. Touring Starbase and Colossus Data Center The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Security and Confidentiality Measures Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. The IPO Process and Analyst Involvement Standard IPO Procedures IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. IPO Registration Statement Details Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. Financial Modeling and Analyst Projections About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. Valuation Challenges and Strategic Positioning Convincing Wall Street of SpaceX's Value SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. Benchmarking Against Tech and AI Companies The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv -- a framework described to Reuters by a person familiar with the valuation discussions. Retail Investor Participation and Deal Structure Allocating Shares to Retail Investors RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. Finalizing Deal Structure and Bank Involvement The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. (Reporting by Echo Wang in New York; Writing by Dawn Kopecki; Editing by Jamie Freed)
Global shipping in chaos as Iran shuts Strait of Hormuz, vows to target approaching vessels
* Iran has completely closed the Strait of Hormuz, halting a major portion of global oil shipments. * The closure is a direct retaliation for a U.S. naval blockade of Iranian ports. * Stranded crews face direct military threats, including gunfire, missiles, and sea mines. * Shipping companies describe a logistical nightmare with vessels trapped and insurance unavailable. * The standoff risks a broader conflict as global energy markets are destabilized. The world's most important oil chokepoint is now a maritime prison. On April 18, Iran's Revolutionary Guard Corps sealed the Strait of Hormuz, stranding hundreds of commercial tankers and trapping thousands of sailors in a tense standoff with the United States. This decisive action, a direct response to a U.S. naval blockade of Iranian ports, has halted roughly one-fifth of the globe's seaborne oil supply and raised the specter of a broader conflict. The closure underscores a brutal reality of modern geopolitics: control over a narrow waterway can be leveraged to hold the global economy hostage. Audio evidence reveals the immediate danger. A recording released by maritime monitors captures a frantic distress call from the motor tanker Sanmar Herald as it came under fire from Iranian forces. "Sepah Navy! Motor tanker Sanmar Herald! You gave me clearance to go... you are firing now. Let me turn back!" a crew member pleads. Iranian state media confirmed gunboats fired near vessels to force them to turn back, a dramatic enforcement of the closure. A logistical and human crisis For the global shipping industry, the closure has triggered a logistical nightmare and a human crisis. Hapag-Lloyd, the world's fifth-largest container line, has six ships anchored near Dubai with crews stuck for weeks. Nils Haupt, the company's senior director of communications, outlined the grim situation. "We have been working from Friday afternoon until today with the entire crisis team to bring the vessels out -- in vain, unfortunately," he told Fox News Digital. The dangers are not merely theoretical. Haupt reported crews are facing direct threats. "One crew experienced a fire on board from bomb fragments. Others have seen missiles or drones near their vessels," he said. He also cited a "significant risk from sea mines," which has made insuring vessels for passage nearly impossible. The psychological toll is mounting among the stranded sailors. "The crews are well, but they are becoming increasingly impatient and frustrated," Haupt added. "They are resilient, but each additional day makes the situation more difficult, more monotonous, and more stressful." The Iranian ultimatum Iran's position is unequivocal. The Islamic Revolutionary Guard Corps stated the strait would remain closed "until the U.S. lifts its blockade on Iranian ports." In a statement carried by Iranian media, the IRGC warned, "Approaching the Strait of Hormuz will be considered cooperation with the enemy, and any violating vessel will be targeted." Iran frames the U.S. blockade as "acts of piracy and maritime theft," presenting its own actions as a defensive response. This is not the first time Iran has threatened or disrupted traffic in the strait, but the current total closure represents a significant escalation. The Strait of Hormuz, only 21 miles wide at its narrowest point, is the only sea passage from the Persian Gulf to the open ocean. Its strategic importance has been a cornerstone of Middle Eastern power dynamics for decades, with Iran long recognizing the leverage its geography provides. The United States has maintained its pressure. U.S. Central Command confirmed that Navy guided-missile destroyers are among assets "executing a blockade mission impacting Iranian ports," asserting the measures are enforced impartially against all vessels. President Donald Trump dismissed Iran's tactics, stating the country "can't blackmail' the U.S. with threats regarding the waterway. He warned that U.S. attacks would resume if no deal is reached, saying, "So you'll have a blockade, and unfortunately we'll have to start dropping bombs again." The international community is feeling the ripple effects. India, a nation Iran had labeled "friendly," summoned the Iranian ambassador to protest a shooting incident involving Indian-flagged vessels, urging Tehran to resume facilitating passage. The confusion is paralyzing shipping globally. Maritime specialist John-Paul Rodrigue noted, "Ships have been attempting transit since the announcement, but it looks like many of them are heading back because the situation is unclear. There is contradictory information being issued by all parties." This standoff is a volatile test of wills with the global economy caught in the middle. Historical attempts to secure this passage have always been temporary, as the fundamental imbalance of power - where a regional actor controls a global artery - remains unresolved. The trapped sailors and their echoing distress calls are the immediate human cost, but the real price is being calculated in destabilized energy markets and the looming threat of a conflict that could spill far beyond these strategic waters. Sources for this article include:
Banks race to access Anthropic's Mythos amid cyber risk concerns - EuropeTimes
The launch of Anthropic's advanced AI model Mythos has triggered a rush among global banks to secure access, while regulators intensify scrutiny over potential cybersecurity risks. Officials at the International Monetary Fund meetings recently flagged concerns that the model's capabilities could challenge banks' legacy systems and expose vulnerabilities. Major financial institutions including JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Citigroup have either confirmed or are reported to have access to Mythos, using it to test internal systems and cyber defenses. Meanwhile, Deutsche Bank CEO Christian Sewing said lenders are coordinating with regulators and trying to gain entry, though access remains tightly controlled. Regulators across Europe, the U.S., and Asia are evaluating how prepared banks are to handle emerging threats, with some warning that Mythos is significantly more capable in cyber offense than previous AI models. Authorities are assessing risks through existing resilience frameworks, as industry leaders caution that such technologies could reshape the cybersecurity landscape and introduce more advanced threats in the near future.
Polymarket Seeks $400M in Funding, Eyes $15B Valuation Target
The prediction market platform's zeal for fresh investment has been unperturbed by what it regards as short-term regulatory challenges in the United States Polymarket, one of the largest prediction market platforms worldwide, and a recent returnee to the US market, is now reportedly looking to raise $400 million, allowing the company to pursue a $15 billion valuation. The new investment drive comes on the heels of similar news, after the Intercontinental Exchange, the owner of the New York Stock Exchange, announced an additional investment of $600 million in the company, part of what was reported to be a $1-billion funding round, involving, among others, Donald Trump Jr., Vitalik Buterin, and Peter Thiel's Founders Fund. Polymarket Misses Initial $20B Target, Settles for Less Previous reports pegged Polymarket's potential valuation at $20 billion, but the newest investment rumors suggest that this target has been recalibrated to accommodate a more realistic target. This means that Polymarket will continue to trail Kalshi in terms of pure valuation, as the latter is currently valued at $22 billion, following an eleven-fold increase over the past year. Kalshi has been able to drive forays into the prediction market at a rapid pace, especially in the United States, starting with offering event contracts on the most recent US Presidential race and quickly moving on to expanding into event contracts. Polymarket was able to return to the United States after it was previously chased away by regulators, with the administration of President Donald Trump proving far more welcoming than its predecessors. As both Kalshi and Polymarket have pushed into sports event contracts and raised regulatory heckles from state gaming watchdogs, prompting a swift response from the Commodity Futures Trading Commission (CFTC), which has launched a lawsuit against several governors and attorneys general in the country. Regulatory Challenges Persist, as Do Concerns about Integrity The CFTC has claimed that specific states are trying to preempt its regulatory authority and replace federal statutes with state ones. For their part, gaming regulators have been fighting an uphill battle against Kalshi and Polymarket, arguing that their event contracts constitute nothing short of gambling. Polymarket has also updated some of its safeguards, anticipating pushback against what many critics have described as insider trading, with a pattern emerging around President Trump's administration specifically, as per a recent BBC report. Polymarket has adopted a tougher stance against this practice and has refused to pay out certain markets, citing concerns over their integrity, but similarly specifying that the phrasing of the market did not qualify it for a payout.
Amazon and Anthropic sign $100 billion AI infrastructure deal
Anthropic, one of the hottest startups in the world, today announced an expanded partnership with Amazon to secure more AI infrastructure to serve its exponentially growing customer base around the world. As per the new deal, Anthropic has secured up to 5 GW of capacity for training and deploying Claude. Out of this 5 GW capacity, some new Trainium2 capacity will be coming online in the first half of 2026, while another 1 GW total of Trainium2 and Trainium3 capacity will be coming online by the end of 2026. As part of this new agreement, Anthropic has committed to spend more than $100 billion over the next ten years on AWS technologies, which includes the usage of Graviton and Trainium2 through Trainium4 chips, and also an option to purchase future generations of Amazon's custom silicon when they become available. To secure this deal, Amazon has agreed to invest $5 billion in Anthropic today, with up to an additional $20 billion in the future. It is important to note that Amazon has already invested about $8 billion in Anthropic in the past. More than 100,000 customers are already using Claude on Amazon Bedrock. With this new expanded partnership, Anthropic is bringing the full Claude platform to AWS. With this availability, customers can take advantage of the Claude platform using their existing AWS accounts, controls, and billing. Anthropic has signed AI infrastructure deals with NVIDIA and Google in the past. Today, Amazon highlighted in its press release that Anthropic has selected AWS as its primary training and cloud provider for mission-critical workloads. Also, Amazon developers and engineers now have access to Claude models to improve Amazon's own products and services. The demand for Claude has exploded in 2026. In fact, Anthropic's run-rate revenue has now surpassed $30 billion, up from approximately $9 billion at the end of 2025. This growth has impacted the reliability and performance of Claude during peak hours. The startup claims that this new deal with Amazon will help in resolving these reliability issues: Today's agreement will quickly expand our available capacity, delivering meaningful compute in the next three months and nearly 1GW in total before the end of the year. Combined with additional capacity expansions and our diversified hardware strategy, with workloads spread across a range of chips, we are building the infrastructure needed to keep Claude at the frontier and reliably serve our growing customer base. This massive $100 billion bet by Anthropic highlights the sheer scale required to stay competitive at the AI frontier.
Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud deal
Seattle-based Amazon will invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones Amazon said on Monday that it will invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon's cloud technologies. The deal deepens the two firms' relationship as Anthropic rushes to secure capacity to bolster its models. Seattle-based Amazon will invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones. This is in addition to the $8 billion Amazon previously invested in the company. Amazon has struggled to generate buzz around its own AI models, such as Nova, while continuing to be a leader in providing critical infrastructure for the AI boom, such as cloud computing power. Amazon said it anticipates around $200 billion this year on capital expenditures, largely for AI development. Amazon is also making big bets on the largest AI startups. The new investment in Anthropic, the creator of Claude, follows Amazon's announcement earlier this year it would invest up to $50 billion in OpenAI, the maker of ChatGPT. In a statement, Anthropic said it expected to bring roughly 1 gigawatt of capacity via Trainium2 and Trainium3 chips by year-end. Anthropic ultimately expects to secure up to 5 gigawatts of such capacity. Amazon CEO Andy Jassy said in a statement that Anthropic's use of Trainium chips "reflects the progress we've made together on custom silicon." Anthropic is aiming to pull ahead in the AI race with model releases focusing on coding and design, while Amazon seeks customers for its custom silicon chips built for artificial intelligence training and inference. Amazon shares rose around 2.7% in extended trading.
Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud deal
Seattle-based Amazon will invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones Amazon said on Monday that it will invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon's cloud technologies. The deal deepens the two firms' relationship as Anthropic rushes to secure capacity to bolster its models. Seattle-based Amazon will invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones. This is in addition to the $8 billion Amazon previously invested in the company. Amazon has struggled to generate buzz around its own AI models, such as Nova, while continuing to be a leader in providing critical infrastructure for the AI boom, such as cloud computing power. Amazon said it anticipates around $200 billion this year on capital expenditures, largely for AI development. Amazon is also making big bets on the largest AI startups. The new investment in Anthropic, the creator of Claude, follows Amazon's announcement earlier this year it would invest up to $50 billion in OpenAI, the maker of ChatGPT. In a statement, Anthropic said it expected to bring roughly 1 gigawatt of capacity via Trainium2 and Trainium3 chips by year-end. Anthropic ultimately expects to secure up to 5 gigawatts of such capacity. Amazon CEO Andy Jassy said in a statement that Anthropic's use of Trainium chips "reflects the progress we've made together on custom silicon." Anthropic is aiming to pull ahead in the AI race with model releases focusing on coding and design, while Amazon seeks customers for its custom silicon chips built for artificial intelligence training and inference. Amazon shares rose around 2.7% in extended trading.
Jim Cramer Says 'This Is Not A Circular Deal' As Amazon, Anthropic Lock In Massive $100 Billion AI Pact:
Amazon-Anthropic Deal Locks In $100 Billion AI Spending Amazon said Anthropic has committed to spending more than $100 billion on its cloud platform, Amazon Web Services, over the next decade to support the training and deployment of advanced AI models. The agreement includes access to Amazon's upcoming Trainium3 chips, expected to come online later this year. The tech giant is also deepening its financial ties with Anthropic, announcing an additional $5 billion investment, with up to $20 billion more tied to performance milestones. This builds on the $8 billion Amazon had already invested in the company. 'Circular AI Deals' Raise Questions Across Industry The structure of the deal has sparked debate because it resembles what analysts describe as "circular" arrangements -- where companies invest in each other while simultaneously acting as major customers. Cramer dismissed those concerns, writing, "This is not a circular deal," adding, "Isn't it possible that everyone wins?" Amazon and Anthropic did not immediately respond to Benzinga's request for comments. Growth Engine Or Financial Red Flag? Critics warn that such deals can resemble "round-tripping," a practice where companies exchange funds or purchases in ways that may inflate revenue without reflecting true economic demand. Industry observers note that the AI boom is forcing a small group of companies to rely heavily on one another for both capital and computing power, creating tightly interlinked financial relationships. Supporters, however, argue that the demand is real. Building and scaling AI systems requires massive infrastructure and partnerships like Amazon and Anthropic's, which may simply reflect the enormous costs of staying competitive in the race. Price Action: Amazon closed at $248.28, down 0.91% on Monday and rose 2.42% in after-hours trading to $254.30, according to Benzinga Pro. Amazon sits in the 94th percentile for Growth on Benzinga Edge, reflecting robust performance across short, medium and long-term trends. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: katz / Shutterstock.com Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
SpaceX is preparing for a historic Initial Public Offering. The company is hosting analysts this week for briefings at its Texas launch facility and Tennessee data center. SpaceX aims to raise $75 billion in what could be the world's largest IPO. A trading debut is targeted for late June. Retail investors will also be allocated a significant portion of shares. SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv - a framework described to Reuters by a person familiar with the valuation discussions. Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. (You can now subscribe to our ETMarkets WhatsApp channel)
Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return
Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon's total investment in the company to $13 billion. Anthropic, for its part, has agreed to spend over $100 billion on AWS over the next 10 years, obtaining up to 5 GW of new computing capacity to train and run Claude. The deal echoes an agreement Amazon struck with OpenAI just two months ago, when it joined a $110 billion funding round -- contributing $50 billion -- that valued the ChatGPT maker at a $730 billion pre-money valuation. That deal, too, was structured partly as cloud infrastructure services rather than straight cash. At the heart of this deal is Amazon's custom chips: Graviton (a low-power CPU) and Trainium (an Nvidia competitor and AI accelerator chip). The Anthropic deal specifically covers Trainium2 through Trainium4 chips, even though Trainium4 chips are not currently available. The latest chip, Trainium3, was released in December. On top of that, Anthropic has secured the option to buy capacity on future Amazon chips as they become available. We'll see if this news is a teaser to Anthropic announcing a new funding round. VCs have reportedly been offering the AI company capital in a deal that would value it at $800 billion or more.
Anthropic, Amazon Expand Collaboration; Amazon To Invest In Anthropic
(RTTNews) - Anthropic said it has signed an agreement with Amazon (AMZN) that will deepen existing partnership and secure up to 5 gigawatts of capacity for training and deploying Claude, including new Trainium2 capacity coming online in the first half of the current year and nearly 1GW total of Trainium2 and Trainium3 capacity coming online by the end of 2026. Amazon is investing $5 billion in Anthropic, with up to an additional $20 billion in the future. This builds on the $8 billion it has previously invested. Dario Amodei, CEO and co-founder of Anthropic, said: "Our collaboration with Amazon will allow us to continue advancing AI research while delivering Claude to our customers, including the more than 100,000 building on AWS." Anthropic noted it has worked closely with Amazon since 2023 and over 100,000 customers now run Claude on Amazon Bedrock. The company said the agreement expands collaboration, and is committing more than $100 billion over the next ten years to AWS technologies, securing up to 5GW of new capacity to train and run Claude. At last close, Amazon shares were trading at $248.28, down 0.91%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Exclusive-SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say By Reuters
NEW YORK, April 21 (Reuters) - SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported.
Exclusive: SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
NEW YORK, April 21 (Reuters) - SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing (BA.N), opens new tab and AT&T (T.N), opens new tab, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova (GEV.N), opens new tab and Vertiv (VRT.N), opens new tab -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. Reporting by Echo Wang in New York; Writing by Dawn Kopecki; Editing by Jamie Freed Our Standards: The Thomson Reuters Trust Principles., opens new tab * Suggested Topics: * Business Echo Wang Thomson Reuters Echo Wang is a correspondent at Reuters covering U.S. equity capital markets, and the intersection of Chinese business in the U.S, breaking news from U.S. crackdown on TikTok and Grindr, to restrictions Chinese companies face in listing in New York. She was the Reuters' Reporter of the Year in 2020.
SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
NEW YORK, April 21 (Reuters) - SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. (Reporting by Echo Wang in New York; Writing by Dawn Kopecki; Editing by Jamie Freed)
Exclusive-SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say By Reuters
NEW YORK, April 21 (Reuters) - SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported.
Special Group turns yoghurt break into heavy-metal chaos for Gippsland Dairy
Gippsland Dairy has launched an offbeat new campaign in which a herd of sheep break into a heavy metal-infused rampage through town while their hapless herder remains blissfully distracted by his yoghurt. The new television advertisement by Special Group shows a young farmer enjoying a moment of calm with his blueberry yoghurt and canine companion, while his flock run amok through an Australian country town to the soundtrack of "Breaking the Law" by Judas Priest. Forming Gippsland Dairy's new brand platform "Let The World Wait", the spot ends with the farmer, having finished his yoghurt, casually noting to his dog: "Better go round up those sheep eh?" In a press release, Gippsland Dairy general manager of marketing Ellie Vince said the campaign's concept pays homage to customers who not only eat their products, but savour them. "'Let The World Wait' is our way of celebrating that moment and giving people permission to pause and enjoy every last drop," she added. The television ad was directed by Adam Gunser of production company Good Oil. In the same release, Special ECD Ryan Fitzgerald said: "There's a certain level of snack-induced catatonia that only Gippsland Dairy seems to trigger. We wanted to celebrate the impact of that in the most chaotic way possible. And what better soundtrack for that chaos than Judas Priest?" The campaign extends into out-of-home and social, featuring extreme close-up imagery of people eating Gippsland Dairy yoghurt in characteristically unguarded style, from licking the foil lid to swiping the inside of the tub.
NASA, SpaceX Target May 12 Launch of Dragon Resupply Mission to International Space Station - Space Coast Daily
By Space Coast Daily // April 21, 2026 launch is the 34th SpaceX Commercial Resupply Services mission to the orbital laboratory NASA and SpaceX are targeting no earlier than Tuesday, May 12, to launch the SpaceX Dragon spacecraft from Space Launch Complex 40 at Cape Canaveral Space Force Station in Brevard County. This launch is the 34th SpaceX Commercial Resupply Services mission to the orbital laboratory for NASA and will lift off on the company's Falcon 9 rocket. Each resupply mission to the space station delivers scientific investigations in the areas of biology and biotechnology, Earth and space science, physical sciences, and technology development and demonstrations. Cargo resupply from U.S. companies ensures a national capability to deliver scientific research to the space station, increasing NASA's ability to conduct new investigations aboard humanity's laboratory in space. In addition to food, supplies, and equipment for the crew onboard the station, Dragon will deliver several new experiments, including a project to determine how well microgravity simulators mimic microgravity conditions, a bone scaffold made from wood that could produce new treatments for fragile bone conditions like osteoporosis, and equipment to help researchers evaluate how red blood cells and the spleen change in space. The Dragon spacecraft will also carry a new instrument to monitor charged particles around the Earth that impact power grids and satellites, and an investigation that could provide a fundamental understanding of how planets form. For more than 25 years, people have lived and worked continuously aboard the International Space Station, advancing scientific knowledge and making research breakthroughs that are not possible on Earth. The station is a testbed for NASA to understand and overcome the challenges of long-duration spaceflight, expand commercial opportunities in low Earth orbit, and prepare for deep-space missions to the Moon as part of the Artemis program, paving the way for future human missions to Mars.
Anthropic, Amazon Expand Collaboration; Amazon To Invest In Anthropic
SEATTLE (dpa-AFX) - Anthropic said it has signed an agreement with Amazon (AMZN) that will deepen existing partnership and secure up to 5 gigawatts of capacity for training and deploying Claude, including new Trainium2 capacity coming online in the first half of the current year and nearly 1GW total of Trainium2 and Trainium3 capacity coming online by the end of 2026. Amazon is investing $5 billion in Anthropic, with up to an additional $20 billion in the future. This builds on the $8 billion it has previously invested. Dario Amodei, CEO and co-founder of Anthropic, said: 'Our collaboration with Amazon will allow us to continue advancing AI research while delivering Claude to our customers, including the more than 100,000 building on AWS.' Anthropic noted it has worked closely with Amazon since 2023 and over 100,000 customers now run Claude on Amazon Bedrock. The company said the agreement expands collaboration, and is committing more than $100 billion over the next ten years to AWS technologies, securing up to 5GW of new capacity to train and run Claude. At last close, Amazon shares were trading at $248.28, down 0.91%. Copyright(c) 2026 RTTNews.com. All Rights Reserved
Exclusive-SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources say
NEW YORK, April 21 : SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, the people said. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they added. Attendees are expected to surrender electronic devices to participate in the meetings, one of the people said. All three spoke on condition of anonymity because the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts scheduled to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the people said. Generally, IPO registration statements include a company's business description, financial statements, risk factors, how it plans to use the money it raises as well as details on major existing shareholders. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through their financial projections, business thesis and the other key data that will help analysts calculate their earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts - and ultimately investors - that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing together the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot under one roof. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He is planning to set aside some 30 per cent of SpaceX shares for retail investors, hosting 1,500 of them to tour Starbase after the roadshow kicks off during the week of June 8, people familiar with the matter previously told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported.
