Elon Musk's SpaceX on Thursday priced a $75 billion initial public offering at its designated price range, represented by Gibson Dunn & Crutcher LLP and underwriters' counsel Davis Polk & Wardwell LLP, marking the largest IPO in history.
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TOP NEWS

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Gibson Dunn, Davis Polk Launch SpaceX's Record $75B IPO

By Tom Zanki

Elon Musk's SpaceX on Thursday priced a $75 billion initial public offering at its designated price range, represented by Gibson Dunn & Crutcher LLP and underwriters' counsel Davis Polk & Wardwell LLP, marking the largest IPO in history.

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KKR, Partners Back Helix AI Infrastructure Venture With $10B

By Nate Beck

Private equity firm KKR, the Kuwait Investment Authority and Texas-based power generation company Vistra said Thursday they've launched a $10 billion company to deliver infrastructure needed for hyperscalers to meet demand for artificial intelligence technology.

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Intertek Extends Deadline For EQT's £9.4B Offer

By Dawood Fakhir

Intertek Group said Thursday that the Takeover Panel has granted private equity shop EQT more time to finalize its approximately £9.4 billion ($12.5 billion) proposal to acquire the quality assurance provider.

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3 Firms Guide AI Power Provider ZincFive's $752M SPAC Deal

By Nate Beck

ZincFive, a company providing nickel-zinc batteries for data center and artificial intelligence markets, said Thursday it will go public using a special purpose acquisition company merger valuing the enterprise at $752 million, advised by Cooley LLP, Wilson Sonsini Goodrich & Rosati PC and Latham & Watkins LLP.

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LITIGATION

Ex-CEO Seeks To Again Depose Lutnick In Trump Media Suit

By David Minsky

The former CEO of a company that merged with President Donald Trump's Truth Social platform urged a Florida state court on Thursday to again allow him to depose U.S. Secretary of Commerce Howard Lutnick, arguing his testimony is highly relevant to the lawsuit over a botched public offering.

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SEC Says PE Fund Hiding Info In Sealed Monitor Reports

By Carolina Bolado

The U.S. Securities and Exchange Commission asked a Florida federal court on Wednesday to unseal reports by a court-appointed monitor of a private equity firm accused of defrauding investors in a $1 billion fund, arguing that the firm is abusing a sealing order to hide information from investors.

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ENFORCEMENT

Investment Adviser Gets 4 Years For Fake Shares Sales

By Sydney Price

An Italian citizen who managed a New York-based investment advisory firm will serve four years in prison for his role in a multimillion-dollar scheme to defraud investors hoping to access shares of private companies.

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DEALS & FINANCING

Cancer Diagnostics Firm Ignite Inks $150M SPAC Merger

By Al Barbarino

Precision oncology startup Ignite Proteomics LLC will merge with special purpose acquisition company Copley Acquisition Corp. in a deal valuing Ignite at a pro forma enterprise value of $150 million, the companies announced Thursday.

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Skadden, Simpson Thacher Steer Digital Bank's $142M IPO

By Hailey Konnath

Skadden Arps Slate Meagher & Flom LLP and Simpson Thacher & Bartlett LLP guided financial services company Forbright Inc. in raising $142 million in its initial public offering on Thursday, which closed at $18 per share.

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EXPERT ANALYSIS

Series

Cow Horse Makes Me A Better Lawyer

Moving an unwilling 800-pound cow while riding a horse at high speed is exhilarating, a little unhinged and, at least for me, a surprisingly effective training ground for litigation — both demand focus, preparation over rigid planning and the willingness to act despite fear, says Ashley Zitrin at Glenn Agre.

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LEGAL INDUSTRY

The 2026 Law360 400

By Daniela Porat

Law360 is pleased to announce its list of the 400 largest U.S. firms by headcount.

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Kellogg Hansen Bests Susman Godfrey's Associate Pay Hikes

By Andrea Keckley

More litigation boutiques are joining the growing number of firms raising their base salaries for associates, with Kellogg Hansen Todd Figel & Frederick PLLC exceeding the scale Susman Godfrey LLP set earlier this week.

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SDNY US Atty Jay Clayton Picked For DNI After Pulte Pushback

By Courtney Bublé

President Donald Trump announced on Thursday he's nominating Jay Clayton, U.S. attorney for the Southern District of New York, to be director of national intelligence.

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Widow Sues Podhurst Orseck Over $4M 737 Max Settlement

By Mike Curley

An Indonesian widow is suing Podhurst Orseck PA and one of its attorneys in Illinois federal court, alleging they failed to keep her informed or get her all the money she was entitled to in a $4 million settlement with Boeing over the fatal crash of Lion Air Flight 610.

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Miss America CEO Wants Ex-Atty Barred From Court

By Emily Lever

The CEO of Miss America and companies linked to the pageant asked a Florida federal court on Thursday to bar their former counsel Carlton Fields from a status conference in their litigation over Miss America's bankruptcy, arguing the firm is not a party and is no longer counsel of record.

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Immigration Firm Says Attys Fraudulently Poached Clients

By Britain Eakin

A law firm recently accused of running a volume-driven immigration filing mill claimed in a new lawsuit in Ohio federal court that three attorneys and a TikTok personality orchestrated a social media campaign falsely accusing it of visa fraud as a way to poach its clients.

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Ex-Trump Atty Chesebro Gets Fla. Law License Back

By Madison Arnold

The Florida Supreme Court has reinstated the law license of former Trump campaign attorney Kenneth Chesebro after his conviction in Georgia's election interference racketeering case was eventually cleared by a court order invalidating the charge.

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Mass. Attys Ding Watchdog's 'Myopic' Public Defense Report

By Julie Manganis

The leader of a group of Massachusetts attorneys who stopped taking court-appointed cases last year over what they say are inadequate hourly rates on Thursday slammed a state inspector general's highly critical report on the state's indigent defense system as "myopic."

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COMPANIES IN TODAY'S NEWS

Anduril Industries

Anthropic PBC

Apollo Global Management LLC

Broadcom Inc.

Cantor Fitzgerald LP

Citigroup Inc.

Deutsche Bank AG

EQT AB

EQT Corp.

Elevate

Forbright Bank

Gallatin Point Capital LLC

Intertek Group PLC

JPMorgan Chase & Co.

London Stock Exchange Group PLC

McAfee Inc.

Morgan Stanley

NVIDIA Corp.

Nasdaq Inc.

OpenAI OpCo LLC

RBC Capital Markets

Renaissance Capital

Saudi Arabian Oil Co.

Space Exploration Technologies Corp.

The Florida Bar

The Goldman Sachs Group Inc.

TikTok Inc.

UBS Group AG

Wells Fargo & Co.

ZincFive Inc.

LAW FIRMS IN TODAY'S NEWS

Ahmad Zavitsanos

Barker Martin

Barnes & Thornburg

Brannock Berman

Brito PLLC

Carlton Fields

Collins Bargione

Cooley LLP

DLA Piper

Davis Polk

Debevoise & Plimpton

Elsberg Baker

Foley & Lardner

Gallivan White

Gibson Dunn

Glenn Agre

Haun Mena

Holwell Shuster

Kellogg Hansen

Kirkland & Ellis

Kluger Kaplan

Latham & Watkins

Lawson Huck

Levine Kellogg

Lisinski Law Firm

Lomax Legal

Lubin Austermuehle

Meister Seelig & Schuster

Milbank LLP

Podhurst Orseck

Simpson Thacher & Bartlett

Skadden Arps

Sullivan & Cromwell

Susman Godfrey

Taft Stettinius

Weltz Kakos

Wilson Sonsini

Winston Taylor

GOVERNMENT AGENCIES IN TODAY'S NEWS

Committee for Public Counsel Services

Federal Housing Finance Agency

Florida Supreme Court

U.S. Attorney's Office for the Southern District of New York

U.S. Citizenship and Immigration Services

U.S. Department of Justice

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court