Secretive Backer Vy Capital Unveils $46B SpaceX Stake
Dubai-based Vy Capital built a $46.4B stake in SpaceX across 271.8M shares, propelling its AUM past $50B alongside Elon Musk. Here is how the bet unfolded.
Defense
Coverage of public defense companies, government contracts, aerospace suppliers, and defense-related capital markets. Articles link material claims to filings, contract announcements, or government sources.
Lyntris Sets $492M IPO Terms: Trive’s Defense-Tech Roll-Up Hits NYSE
Lyntris (NYSE: LYNX), the Accelint + Vitesse combination backed by Trive Capital, set an IPO range of $19-$22 targeting up to $528M and a ~$2.36B market cap.
Poison Pill Explained: How Shareholder Rights Plans Work
What is a poison pill? How the flip-in, flip-over, and trigger thresholds work — plus the Twitter, Airgas, and Household cases every investor should know.
Applied Aerospace IPO: $634M Defense Float Tests AADX Demand
Greenbriar-backed Applied Aerospace & Defense sets terms for a $634M NYSE IPO at a $3.33B market cap, pricing June 2 under ticker AADX.