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SpaceX IPO gives Elon Musk net worth number that stuns Wall Street
TheStreet97d agoneutral
SpaceX IPO gives Elon Musk net worth number that stuns Wall Street

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 ...

SpaceX to release results on website, X only, bypassing wire services
Reuters97d agoneutral
SpaceX to release results on website, X only, bypassing wire services

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.

SpaceX triumph signals 'the coast is clear' for other IPOs, CIO says
Reuters Videos97d agoneutralVIDEO
SpaceX triumph signals 'the coast is clear' for other IPOs, CIO says

<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.&nbsp;"That's a big switch for this market."</p></body>

Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation
24/7 Wall St.97d agoneutral
Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation

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 Raised $85.7 Billion After Underwriter ‘Green-Shoe Option’
The Wall Street Journal97d agoneutral
SpaceX Raised $85.7 Billion After Underwriter ‘Green-Shoe Option’

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 plunges, stocks jump on US-Iran peace deal
AFP97d agobearish
Oil plunges, stocks jump on US-Iran peace deal

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.

SpaceX stock gains: What its IPO signals about its future success
Yahoo Finance Video97d agoneutralVIDEO
SpaceX stock gains: What its IPO signals about its future success

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.

SpaceX IPO reminds investors where real fortunes start
TheStreet97d agoneutral
SpaceX IPO reminds investors where real fortunes start

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 ...