Uday Kotak

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SpaceX IPO: Uday Kotak Questions Valuation, Elon Musk's Vision

Veteran banker Uday Kotak expressed skepticism over SpaceX's massive valuation post-IPO, calling it a "mega bubble" or a bet on the future. SpaceX shares surged on its debut, making Elon Musk a trillionaire, but analysts like Morningstar question the valuation, citing unproven technologies and AI competition, while some investors remain optimistic.

Times of India

Uday Kotak Urges Indian Firms to Invest Heavily in Future Tech, Especially AI

Urgente

Business·03.06.2026Resumen IA

Uday Kotak Urges Indian Firms to Invest Heavily in Future Tech, Especially AI

Veteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, particularly AI, contrasting Google's massive $80 billion capital raise with India's restrained innovation spending. He called for a renewed focus on business and competitiveness.

Economic Times

Uday Kotak Urges India to Focus on Business Amidst Global Tech Giants' Scale

En desarrollo

Business·03.06.2026Resumen IA

Uday Kotak Urges India to Focus on Business Amidst Global Tech Giants' Scale

Uday Kotak, founder of Kotak Mahindra Bank, calls for India to prioritize business, citing a massive scale gap with global tech giants like Google. He highlighted Google's $80 billion capital raise and $160 billion annual profit as a wake-up call for Indian companies.

Economic Times