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ASX:MBG 6 February 2026

ASX IPO watch: MB Gold pops on debut after selloff as next floats line up

ASX IPO watch: MB Gold pops on debut after selloff as next floats line up

MB Gold Ltd surged 17.5% in its ASX debut Friday, closing at A$0.235 after raising A$9 million in an oversubscribed IPO. The broader ASX 200 fell nearly 2%, with risk-off sentiment weighing on miners and banks. No IPOs are scheduled for the weekend; Eastern Gas Corporation lists Tuesday. Traders are watching if micro-cap floats can hold gains as volatility rises.
6 February 2026
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Stock Market Today

  • SpaceX IPO Declines After Record Debut, Echoing Historical Mega-IPO Trends
    June 21, 2026, 10:09 AM EDT. SpaceX's Nasdaq debut on June 12 saw shares surge 19% to a $2.1 trillion market value. However, the stock has since fallen for three consecutive days, signaling early investor hesitation. The company raised over $87 billion in the largest IPO ever at a $1.77 trillion valuation, driven by its Starlink satellite internet, space launch services, and AI segment, now positioning as an AI company. Despite strong growth potential, historical data shows mega-IPOs often struggle post-launch, with many large IPOs like Saudi Aramco and Meta underperforming a year later. FactSet data reveals IPOs above $50 billion median 1-year returns are down 31.9%, highlighting inherent challenges in meeting lofty expectations for massive IPOs like SpaceX.

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