Elon Musk Becomes the World’s First Trillionaire After SpaceX IPO Soars
Elon Musk has officially become the world’s first trillionaire after SpaceX made its stock market debut on the Nasdaq. SpaceX shares started trading at US$150 and closed the first day at US$160.95, after briefly climbing as high as US$176. The IPO is one of the biggest in history and created major wealth not only for […]
Scotia Group’s JSE Exit Raises Big Questions for Jamaican Investors
Scotia Group Jamaica is planning to leave the Jamaica Stock Exchange and become a private company. Its majority owner, Scotiabank Caribbean Holdings Limited, already owns 71.78% of the company and now wants to buy out the remaining minority shareholders for J$61.50 per share in cash. Shareholders still need to vote, and the deal also needs […]