π SpaceX IPO Debuts on Nasdaq Today
β¨SpaceX (ticker: $SPCX) hits the public markets in the largest IPO in history. Priced at $135 per share, it targets raising ~$75 billion and a ~$1.77 trillion valuation.
Trading begins today on Nasdaq. Strong demand (reportedly 3.5β4x oversubscribed), with retail access via brokers like Robinhood, Schwab, and SoFi. Elon Muskβs stake could push him toward the worldβs first trillionaire status. Markets are watching closely as the space/AI giant goes public.
ποΈ US-Iran Peace Deal Progressβ¨Optimism is rising for a breakthrough to end the 2026 conflict. President Trump indicated a deal could be signed as soon as this weekend in Europe. VP JD Vance said the US is βvery closeβ to an agreement that would prevent Iran from obtaining a nuclear weapon.
Key elements in play: extended ceasefire, reopening of the Strait of Hormuz, sanctions relief discussions, and further nuclear talks (reportedly up to 60 days). Iran is reviewing proposals but remains cautious. De-escalation hopes are easing geopolitical tensions.
Oil prices have softened on the news.
Historic day for SpaceX going public while diplomatic momentum builds on Iran. Big moves expected in markets.
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