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The company is set to begin trading under the ticker symbol SPCX at a valuation of $1.77 trillion

The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.

The stock market has spent years waiting for this moment. SpaceX (NASDAQ:SPCX) will begin trading this morning in what is the largest IPO in history. The IPO set a record, raising $75 billion at a valuation of approximately $1.77 trillion. Investor demand has been building for months as retail investors and institutions alike seek exposure ... SpaceX’s IPO Frenzy Just Spawned a New Risk That Could Cost Investors a Fortune

Entrepreneur Elon Musk is savvy when it comes to maintaining control of his companies. He owns 46% of SpaceX.

Jabil Inc.will release earnings for its third quarter before the opening bell on Wednesday, June 17. Analysts expect the Florida-based manufacturer to report quarterly earnings of $3.10 per share. That’s up from $2.55 per share in the year-ago period. The...

The President told reporters he isn’t concerned about price increases, while the apparel retailer opened the “best expression" of the brand to date.

The rocket maker's $75 billion offering — the largest IPO in history — hits the Nasdaq as oil prices fall on reports of a U.S.-Iran agreement

(Bloomberg) -- Vanguard Group has overtaken BlackRock Inc. as the largest exchange-traded fund issuer, a seismic shift at the top of the $15.2 trillion US industry.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekTrump Insists Iran Deal Is Close After Scrapping New StrikesUAE and Iran Meet Face-to-Face to Try to Deescalate TensionsThe Valley Forg

South Korean memory chipmaker SK Hynix is looking to choose the Nasdaq for its planned U.S. listing, two sources familiar with the matter ‌said, opting for the technology-heavy bourse to capitalize on investor appetite for AI-linked stocks. The planned listing ‌as early as August comes after a 230% surge in SK Hynix's share price this year, lifting its market value above $1 trillion in ​May. The U.S. listing is expected to broaden the company's investor base and raise its profile among global investors. The company selected Nasdaq over the New York Stock Exchange, said the sources, who declined to be identified because the information was not public.

Micron stock has bounced around this week and Goldman Sachs analysts are wary of a high bar for its earnings this month.

Advanced Micro Devices (AMD) has gained about 128.45% year to date, at the time of writing, Thursday afternoon, June 11. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.47% in the same period. The company has outpaced the S&P 500 by a huge margin. That is impressive, but what is ...

Surging demand for data center construction may contribute to a rise in U.S. inflation and be a fact

Hedge funds sold out of the biggest U.S. tech stocks, and some even added ‌bearish positions, according to data from a JPMorgan note late ‌Thursday, just before SpaceX was set to go public on Friday. Shares in the "Magnificent Seven" -- ​a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday. The Roundhill Magnificent Seven ETF, which tracks these ‌stocks closely, declined over 2.4% ⁠since June 5, with some analysts saying investors were clearing their decks in order to prepare for the ⁠debut of Elon Musk's Space X on Friday.

The stock market has spent much of 2026 focused on artificial intelligence, record corporate spending, and a surprisingly resilient economy. Yet beneath the surface, another market has been flashing warning signals. The bond market, often called the “smart money” because of its sensitivity to inflation and economic conditions, is increasingly signaling that interest rates may ... Opinion: 5 Days Until the Fed Picks Wall Street over Main Street — Again

SpaceX executives are set to ring the Nasdaq’s opening bell in New York City, but shares in buzzy initial public offerings don’t usually start trading until later in the day. Bankers leading an IPO typically want to match buyers and sellers for about 10% of the shares sold before opening trading to lessen volatility. Because pre-IPO investors are restricted from selling shares for a while, it can take time to find willing sellers among those who bought shares in a high-demand IPO.

SpaceX (NASDAQ:SPCX) is preparing to begin trading on Nasdaq on Friday after completing the largest initial public offering ever, with investors committing $75 billion in a vote of confidence that Elon Musk’s long-term ambitions in space exploration, communications and artificial intelligence can support a valuation of $1. 77 trillion.

Private capital is pouring into AI data center buildout, Adobe can’t shake software fears, this vacation destination is getting cheaper, and more news to start your day.

By Eduardo Baptista and Samuel Shen BEIJING/SHANGHAI, June 12 (Reuters) - SpaceX's record $75 billion IPO is poised to supercharge Chinese space startups racing to fund the same technologies that have

In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX, the rocket ship company making its highly anticipated stock market debut this week. One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with a board member of the Musk-led Tesla for an ‌allocation of SpaceX shares in 2023.

(Bloomberg) -- US plastic suppliers say they are running out of room to absorb high costs of raw materials, raising the prospect of price increases for consumer goods ranging from groceries to cars later this year.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Face-to-Fa

Wall Street is already building the leveraged trade around the world's largest company to IPO.

Futures Trade Cautiously Ahead of Key Market EventsU. S.

(Bloomberg) -- A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea’s stock market and added pressure on the won, according to Barclays Plc.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Face-to-Face to

Just what retail investors needed... a leveraged SpaceX ETF debuting the same day as Wall Street's largest-ever IPO.

Investing.com -- SpaceX begins trading on Nasdaq today under the ticker SPCX, targeting a valuation of approximately $1.75 trillion and seeking to raise $75 billion, more than 2.5 times the previous record set by Saudi Aramco (TADAWUL:2222) in 2019. The scale alone rewrites the record books. But the more interesting argument for "unique" runs deeper than the headline number.

Stocktwits data showed retail sentiment has softened, leaning 'bearish' on SPY and 'neutral' on QQQ.

Asset managers eager to roll out leveraged exchange-traded funds tied to SpaceX on its first trading day have been told to delay the launch until ‌Monday, four sources familiar with the matter said. "We had really wanted to be out on Friday," said Matt Markiewicz, head of product and capital markets at Tradr ETFs, declining to comment on the delay. The firm's 2x long and 2x short ETFs will now debut Monday on Cboe Global Markets.

As states like Ohio move to increase their regulation of data centers and reduce their subsidies for the businesses behind them, the costs of building and operating them could increase significantly.

They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfolios

The float could make Tesla and X owner Elon Musk the world’s first paper trillionaire.