Global M&A/IPO Market Booms: From SpaceX Listing to Continental's $4.6B Divestiture
M&A/IPO | Sun Jul 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 5 sources
Major deals unfolded in succession, including SpaceX's IPO, SK Hynix's Nasdaq listing, and Continental's sale of ContiTech.
Analysis
[SpaceX] drew attention ahead of first earnings report following Wall Street listing [5]
- Market cap of $2.2 trillion
- valuation at 118x revenue
- S-1 filing presents total addressable market of $28.5 trillion
- Acquired Cursor via $60 billion stock swap
- Secured cash reserves exceeding $100 billion
[SK Hynix] set Nasdaq IPO underwriting fee at 0.5% [2]
- Korean semiconductor company proceeding with US listing
- Lower fee rate compared to peer US listings
- Based on Bloomberg reporting
[Continental] sold ContiTech division to Lone Star Funds for $4.6 billion [4]
- Deal size of €4 billion
- including €250 million in performance-linked consideration
- Divesting plastic and rubber production division
- Pursuing transformation into pure-play tire manufacturer
[BioNTech] engaged potential buyers for German manufacturing facility divestiture [3]
- Plans to withdraw from German manufacturing base
- Conducting confidential negotiations with potential buyers
- Announced withdrawal plans during Q1 2026 earnings release
[Voyager Technologies] faced profitability skepticism from Jim Cramer [1]
- Cramer projects significant time required to generate profits
Sources
- [1] Jim Cramer Says Voyager Technologies “May Take a Lifetime Before They Make Money” - Yahoo Finance
- [2] SK Hynix reportedly eyeing 0.5% fee rate in Nasdaq debut - Seeking Alpha Market News
- [3] BioNTech has reportedly contacted buyers over plans to exit German sites - Seeking Alpha Market News
- [4] Continental agrees to sell ContiTech for $4.6B to become a pure-play tiremaker - Seeking Alpha Market News
- [5] Is SpaceX Stock a Buy Before Its First Earnings Report as a Public Company? - The Motley Fool