921 stories · Page 34 of 93
On 12 June 2026 SpaceX set its Nasdaq debut at $135 a share, raising $75 billion and vaulting to a $1.77 trillion valuation—shattering Saudi Aramco’s 2019 IPO record while allocating an unusually large 20-30 % of shares to retail buyers.
After two decades as a private firm, SpaceX fixed its IPO terms at $135 for 555.6 million shares, opening public trading on 12 June with a $1.75 trillion valuation—by far the largest float in history.
In the final 48 hours before its 12 June debut, SpaceX priced 555.6 million shares at $135 yet received more than $250 billion in orders—while Morningstar slashed fair value to $63 and Senator Elizabeth Warren asked the SEC on 9 June to halt the listing.
The May 2026 U.S. CPI came in at 4.2% year-on-year—its highest since 2023—with more than 60% of the jump traced to war-driven energy costs, and Wall Street immediately sold off as President Trump vowed fresh strikes on Iran.
On 8-9 June 2026 the U.S. Defense Department republished its Section 1260H list—expanded to 188 entities—and, for the first time, officially labeled civilian giants Alibaba, BYD and Baidu as contributors to China’s military-industrial base.
On 8 June 2026, OpenAI revealed it had quietly filed a draft registration with the SEC, beginning the formal process toward a U.S. stock-market debut that could put a near-$1 trillion price tag on the ChatGPT creator.
Hours after CENTCOM downed Iranian drones and missiles on 7 June 2026, the US Treasury began formally studying ways to divert Tehran’s frozen overseas assets to pay for Gulf-war damage, a proposal Iran immediately branded “absurd.”
On 9 June 2026 the U.S. Defense Department broadened its Section 1260H roster, boosting it from roughly 130 to 188 Chinese entities and newly tagging civilian tech leaders such as Alibaba, Baidu, BYD and NIO as “Chinese military companies.”
On 8 June 2026, OpenAI disclosed it had secretly filed an S-1 with the U.S. SEC, giving itself the option to list publicly and raise fresh capital after years of private fundraising.
On 8 June 2026 Brent crude briefly vaulted past $98 before slipping back to the mid-$94 range after Tehran said its “first wave” of strikes on Israel was over and Washington pressed both sides to pause.
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