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Cathie Wood may have timed her Elon Musk bet just right
TheStreet53d agoneutral
Cathie Wood may have timed her Elon Musk bet just right

On June 12, SpaceX turned one of Wall Street’s hottest listings into a full-blown market event. Investors were bracing for a choppy debut, given its enormous valuation, heavy Musk premium, and questions about whether a rocket-and-satellite company could justify AI-stock-style pricing. Instead, ...

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker
Reuters54d agoneutral
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker

SpaceX roared into markets this past week with a valuation of more than $2 trillion, surpassing two members of Wall Street's "Magnificent Seven" and raising a key question: Does the Mag 7 name still fit? ‌And if not, what should replace it? The IPO, the biggest in U.S. history, vaulted SpaceX's value above two Mag 7 members: ‌CEO Elon Musk's other company, Tesla, and Meta Platforms. With SpaceX's arrival, "it becomes very hard to keep using Mag 7 as the clean shorthand for market leadership because one of the most important companies in the world would immediately be outside the label," said Shay Boloor, chief market strategist at Futurum Equities.

3 things investors Need to watch next week
Yahoo Finance Video54d agoneutralVIDEO
3 things investors Need to watch next week

Yahoo Finance's Jared Blikre takes a look at the top stories for investors to watch this week, including SpaceX's (SPCX) first full day of trading as a public company, Federal Reserve Chair Kevin Warsh's first interest rate decision on Wednesday, and earnings reports from Accenture (ACN) and The Kroger Co. (KR).

SpaceX is largest IPO in the history of capital markets
Yahoo Finance Video54d agoneutralVIDEO
SpaceX is largest IPO in the history of capital markets

The historic moment on June 12, 2026, when SpaceX officially began trading on the Nasdaq under the ticker SPCX after completing a record-setting $75 billion initial public offering. Analysts discuss the controlled nature of the IPO, its massive financial impact on Elon Musk and company employees, and what future milestones investors should look out for next.

SpaceX closes nearly 20% higher on first trading day post-IPO
Yahoo Finance Video54d agoneutralVIDEO
SpaceX closes nearly 20% higher on first trading day post-IPO

US stocks (^DJI, ^IXIC, ^GSPC) inch higher to end Friday's session and the trading week with slight gains, as SpaceX (SPCX) closes its first day of trading 19.22% higher at a share price of $160.95. From the Nasdaq, Yahoo Finance Senior Reporter Brooke DiPalma breaks down the post-IPO performance Elon Musk's space company.

SpaceX IPO afterparty set to light up JPMorgan HQ
Yahoo Finance Video54d agoneutralVIDEO
SpaceX IPO afterparty set to light up JPMorgan HQ

JPMorgan will host a post-IPO celebration for SpaceX employees on the top floor of JPMorgan’s Manhattan headquarters on June 12. The event was envisioned by Jamie Dimon and pitched directly to Elon Musk. It features a custom rooftop light display designed by artist Leo Villareal and shown here as a render. It will include a SpaceX themed spread including SpaceX themed cocktails and a rocket cake. The bank, which just earned $75 million serving as a lead underwriter to the rocket company’s IPO, expects 250 SpaceX employees to attend.

Tom Sosnoff: Why SpaceX's IPO is a success and who benefits most
Yahoo Finance Video55d agoneutralVIDEO
Tom Sosnoff: Why SpaceX's IPO is a success and who benefits most

Lossdog Founder & CEO Tom Sosnoff joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the key things that make Elon Musk's SpaceX (SPCX) IPO a success, which investors stand to gain the most, and who will be left holding the bag.

Franklin Templeton CEO sends strong message on SpaceX
TheStreet55d agoneutral
Franklin Templeton CEO sends strong message on SpaceX

SpaceX began trading on the Nasdaq on June 12, 2026, under the ticker SPCX, raising $75 billion at a $1.75 trillion valuation in the largest IPO ever. Two days earlier, Franklin Templeton CEO Jenny Johnson sat down with CNBC's "Squawk Box" and described SpaceX as reflecting "the greatest ...

What SpaceX's IPO means for investors and the future of innovation
Yahoo Finance Video55d agoneutralVIDEO
What SpaceX's IPO means for investors and the future of innovation

Laffer Tengler Investments CEO & CIO Nancy Tengler joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the broader implications of the SpaceX (SPCX) IPO, from its impact on investors to what the company's public debut could mean for innovation, markets, and society.

Why SpaceX's IPO sets Elon Musk to become the world's first trillionaire
Yahoo Finance Video55d agoneutralVIDEO
Why SpaceX's IPO sets Elon Musk to become the world's first trillionaire

SpaceX (SPCX) CEO Elon Musk was propelled to trillionaire status — the first-ever in history — on Friday as SpaceX's initial public offering (IPO) became the latest addition to his publicly traded corporate empire. Morning Brief host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss.

2 unusual aspects of SpaceX's IPO
Yahoo Finance Video55d agoneutralVIDEO
2 unusual aspects of SpaceX's IPO

SpaceX (SPCX) officially debuted on the Nasdaq Composite (^IXIC) on Friday, making history as the largest-ever initial public offering (IPO). Yahoo Finance Senior Reporter Brooke DiPalma discusses the IPO's retail investor allocation and the reasons investors could see some volatility in the near future.

SpaceX IPO raises $75B, Musk set to become a trillionaire
Yahoo Finance Video55d agoneutralVIDEO
SpaceX IPO raises $75B, Musk set to become a trillionaire

SpaceX (SPCX) officially debuted on the Nasdaq Composite (^IXIC) on Friday, making history as the largest-ever initial public offering (IPO). Yahoo Finance Senior Reporter Brooke DiPalma shares Elon Musk's initial reaction to becoming a trillionaire.

The VC firms winning big and netting billions from SpaceX IPO
Yahoo Finance Video55d agoneutralVIDEO
The VC firms winning big and netting billions from SpaceX IPO

Wall Street is abuzz on Friday with Elon Musk's trillion-dollar SpaceX (SPCX) IPO set to make history with a valuation of $1.77 trillion. Bloomberg reports that several venture capital firms, including the Founders Fund and Andreessen Horowitz, will net tens of billions of dollars from SpaceX's public launch. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss the biggest winners from SpaceX's IPO.

SpaceX raises $75B in historic IPO, valued at $1.77 trillion
Yahoo Finance Video55d agoneutralVIDEO
SpaceX raises $75B in historic IPO, valued at $1.77 trillion

The big day is here as SpaceX (SPCX) prepares to go public on the Nasdaq via its historic IPO. Elon Musk's space operator raised $75 billion after pricing 555,555,555 shares at $135 each. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss SpaceX's IPO pricing.

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Reuters55d agoneutral
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

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.