UBS cuts Indian rupee March forecast to 92, expects short-lived US trade deal relief

Tradingkey - According to disclosures from the U.S. Securities and Exchange Commission (SEC) on May 20, SpaceX, Elon Musk’s largest-ever IPO project, has officially filed with the SEC. Reports indicate that SpaceX confidentially filed the document with the commission in April. Underwriters for the offering include Goldman Sachs, Morgan Stanley, BofA Securities, Citi, and J.P. Morgan Securities. SpaceX will issue two classes of common stock: Class A common stock (one vote per share) and Class B common stock (10 votes per share). The prospectus reveals that Musk holds a combined voting power of 85.1%, consisting of 12.3% of Class A shares and 93.6% of Class B shares. Regarding financials, for the fiscal years ended December 31 from 2023 to 2025, the company’s revenue was $10.387 billion, $14.015 billion, and 1...

TradingKey - Samsung Electronics and union leaders reached a tentative wage agreement on Wednesday night, averting a general strike originally scheduled for Thursday at the last minute. Samsung shares surged more than 6% in early Thursday trading, while KOSPI 200 futures rose 5%, triggering a circuit breaker. As of 10:21 AM Seoul time on May 21, Samsung's stock price stood at 293,500 KRW, up 6.25%.

SpaceX filed a confidential draft S-1 with the U.S. Securities and Exchange Commission on April 1, 2026, targeting a $2 trillion valuation and $75 billion in proceeds. Scheduled for a June 12 listing, it is poised to become the largest IPO in the history of global capital markets. However, the critical question is not "why go public despite being well-capitalized," but "what the listing actually achieves." This article strictly separates fact from speculation, deconstructing Nasdaq's fast-track inclusion rules, Elon Musk's dual-class control disparity, and the $2 trillion trigger within Tesla’s 2025 compensation plan. Furthermore, it outlines three independently verifiable signals over the next 60 days to help Tesla shareholders maintain objective judgment amidst conspiracy theories and market "magnet effects."

TradingKey - SpaceX IPO targets June 12, 2026 on Nasdaq (SPCX). Raising up to $75B at $1.75T valuation — largest IPO in history. Starlink 9M+ users, $15–16B 2025 revenue. Dual-class shares. Musk keeps control.

TradingKey - Following a rally the previous day, Nvidia’s share price plunged during intraday trading on May 15, falling more than 4.6% at one point and wiping out a significant portion of its market value. Earlier, during pre-market trading, foreign media reported that sales of Nvidia's H200 chips to China are unlikely to achieve a substantial breakthrough in the short term. Nvidia's share price fell toward $230 at one point, a decline of over 3%, resulting in a market cap loss of approximately $170 billion (roughly RMB 1.1 trillion).