SpaceX is gearing up for the biggest IPO in history. Here's why investors could end up owning Elon Musk's rocket giant — like it or not.
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Nvidia recently gave Micron investors some good news, but investors are focused on other valuation catalysts today.
The Nasdaq is already on pace for its worst day since March. The tech-heavy index tumbled nearly 1.7%, which would be its biggest daily decline since it fell nearly 2.2% on March 27, according to Dow Jones Market Data.
Elon Musk is officially the world's first trillionaire following SpaceX's stock debut today, with the company's IPO price valuing his stake at nearly $870 billion on paper.

Elon Musk is poised to become the world's first trillionaire when SpaceX stock debuts next week, with the company's target IPO price valuing his stake at a considerable $866.5 billion on paper.
Planet Labs just published a beat-and-raise quarter. So why is the stock getting crushed?
Investors hope every stock they pick will go “to the moon”, but some companies take that more literally than others.
The Nasdaq fell again Friday amid ongoing struggles for AI stocks in the wake of Broadcom’s earnings earlier this week and ongoing concerns about spending among tech firms. The S&P 500 dropped 0.8%. The Dow fell 125 points, or 0.2%.
S&P Dow Jones Indices stated that it will not be changing its rules to fast-track SpaceX (SPAX.PVT) and other mega-IPOs into the S&P 500 index (^GSPC). Morning Brief Host Julie Hyman and Vanity Fair contributing editor Bethany McLean discuss SpaceX's valuation in the lead up to the space company's public launch a week from now. JPMorgan Chase (JPM) CEO Jamie Dimon hosted Elon Musk as part of SpaceX's (SPAX.PVT) pre-IPO roadshow, as the company sets its sights on an IPO price of $135 per share next Friday, June 12.
(Corrects day of the week to Friday from Thursday in paragraph 1) June 5 (Reuters) - The S&P 500 and the Nasdaq dropped at market open on Friday as chip stocks eased after a sharp rally, while a
NEW YORK, June 5 (Reuters) - The U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year and sending short-
News of the day for June 5 ,2026
SpaceX and future IPOs could complicate major market indexes -- and the investments tracking them.
The benchmark US stock measures were mostly tracking in the red before the open Friday as traders aw
Wall Street futures largely pointed moderately lower pre-bell Friday, as traders locked into a risk-
By Medha Singh and Twesha Dikshit June 5 (Reuters) - S&P 500 and Nasdaq futures fell on Friday, as chipmakers lost steam following a strong rally and investors stayed cautious ahead of the May
The next hot data center play, Quantinuum’s market debut, coal stocks are burning up, and more news to start your day.
Global markets have been buoyed by optimism surrounding a potential U.S.-Iran peace agreement, with major indices like the Nasdaq Composite and S&P 500 reaching new highs. In such an environment, investors are often on the lookout for opportunities that can offer growth potential despite market volatility. Penny stocks, while sometimes considered outdated in terminology, continue to present intriguing possibilities within smaller or newer companies. These stocks can still provide significant...
Global markets have been buoyed by optimism surrounding a potential U.S.-Iran peace agreement, with major U.S. stock indexes like the Nasdaq Composite and Russell 2000 reaching record highs, driven in part by enthusiasm for AI-linked stocks. In this environment of rising investor sentiment and technological momentum, identifying high-growth tech stocks involves looking for companies that are well-positioned to capitalize on advancements in artificial intelligence and other innovative...
LendingClub (NYSE:LC) plans to transfer its stock listing from the New York Stock Exchange to the Nasdaq. The company will trade under the new ticker "HAPN" as it rebrands to Happen Bank. The listing change aligns with LendingClub's repositioning as a growth-focused digital banking platform. LendingClub built its business around online lending and has expanded into digital banking, aiming to bring lending, deposits, and payments onto a single technology-focused platform. The switch to...
Recent dividend hikes from UNH, DCI, LOW, PLUS and TD are drawing attention as investors seek stability amid inflation and geopolitical uncertainty.