Elon Musk recently posted on X, the social media platform he owns, that "whoever said 'money can't buy happiness' really knew what they were talking about." He's now in a position to test that theory at a scale nobody in history has ever faced. On June 12, 2026, SpaceX made its long-awaited stock ...
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June 15 () - SpaceX will release quarterly and annual financial results, besides other material news, only through its website and social media account on X and not through wire distribution services, it said in a filing on Monday. The move marks a departure from standard corporate communication practices, which typically involve newswire services like Business Wire or PR Newswire to reach a broad audience of investors and media outlets.
A federal judge handed Elon Musk his second defeat against OpenAI after finding xAI failed to show OpenAI improperly obtained confidential info.
NEW YORK, June 15 (Reuters) - U. stocks rallied on Monday and crude prices dropped after the U.

Yahoo Finance Senior Reporter David Hollerith explains how SpaceX's (SPCX) initial public offering (IPO) is fueling Morgan Stanley (MS), Goldman Sachs (GS), JPMorgan (JPM), Bank of America (BAC), and Citi (C).
Both space stocks recover after Friday's rotation into SpaceX, with Rocket Lab's Neutron program on track for launch this year

<body><p>STORY: Shares of SpaceX rose as much as 17% on Monday, adding to gains after a blockbuster debut on Friday (June 12) that pushed the company's valuation past $2 trillion and cemented its position among the world's most valuable companies.</p><p>"It's really hard for me as a portfolio manager with over 30 years in this business to fathom why a company who had an operating loss of over $4 billion as recently as a year ago has commanded this must investor attention and become the largest IPO in our country's history," Mahn said.</p><p>Still, the success of SpaceX's public listing "tells other companies looking to IPO this year that perhaps the coast is clear, and now is the right time" to go public, he added. "That's a big switch for this market."</p></body>
SpaceX extended its debut rally as investors weighed its $2.1 trillion valuation and AI-linked momentum.

Two SpaceX (SPCX) retail investors who bought shares at the initial public offering (IPO), Tamar June and Shane Williams, join Yahoo Finance to explain the process, what drew them to the company, and their future plans with the stock.
SpaceX is an AI company. And AI companies need to buy memory from Sandisk.
SpaceX underwriters fully exercised their option to purchase an additional 83.3 million shares, representing 15% of the original offering.
Nvidia is the latest company to tap Wall Street for the AI boom it helped create.
It's simpler than you might think to build long-term wealth in the stock market.
The SpaceX IPO has sent a clear signal to markets.
Remember when a $1 trillion market cap was a big deal?
SpaceX's IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
A CNBC segment that ran last week opened with a sentence you do not normally hear from a buyer. “It’s stupid. It’s unreasonable… The valuation is really, really aggressive, in my opinion,” said Marvin Jung, a regional director of operations in veterinary care. Then he told CNBC he had requested roughly 1,000 shares of SpaceX ... Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation
SpaceX stock jumped nearly 8% in early trade, giving the shares a two day pop of over 25% since the rocket company's market debut on Friday.
SpaceX was the largest IPO in history surpassing $2.1 trillion market cap
SpaceX raised $85.7 billion in its IPO, the company said in a press release Monday. That’s up from the $75 billion that SpaceX initially sold in its public offering on Friday. The additional proceeds come from underwriters exercising their so-called “green-shoe option,” an overallotment of 83.
Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.The strait, through which roughly 20 percent of the world's crude oil supply normally transits, was effectively closed by Tehran after the US and Israeli strikes on Iran in late February, sending energy prices soaring.

All IPOs come with surprises.
SpaceX opened 11% above its IPO price as demand exceeded $350 billion.
SpaceX's $150 debut valued the company near $2 trillion, pushing Musk's fortune to almost $1.05 trillion.
SpaceX options begin trading Tuesday after shares opened at $150, above the $135 IPO price.
SpaceX stock (SPCX) continues rising in Monday's pre-market trading (maintaining gains at the session open at the time of this video's posting) ahead of the space company's first full day of trading since its historic IPO last Friday. Morning Brief Host Julie Hyman and Barron's Investor Circle Newsletter editor Josh Schafer examine SpaceX's performance thus far and what it may signal about the success of the company in its future lifetime.
Cathie Wood, ARK Invest detail SpaceX thesis after buying 3.3 million shares. Rocket Lab, Firefly Aerospace shares receive upgrade.
The first mistake investors can make with SpaceX is thinking the payday happened all at once. It didn't. SpaceX’s initial public offering gave retail investors a rare chance to invest in Elon Musk’s rocket, satellite and artificial intelligence enterprise. But for the company’s first believers, the ...