BREAKING: The SpaceX, $SPCX, IPO is now receiving first indications as the Nasdaq window opens.
Details include:
1. First indications are coming in at $175/share
2. This implies a ~30% jump from the $135/share offer price
3. The IPO has drawn $350 billion in total demand, $250 billion of institutional demand
4. 70% of shares sold to institutions were allocated to long-only investors
5. SpaceX is set to open as the 6th largest public company in the world
Turn on our post notifications at @KobeissiLetter for real time analysis as the SpaceX IPO launches.
@FoxNews Withdraw all forces from Persian gulf, lift all sanctions on Iran, give Iran $12B immediately and $12B more in 60 days, give Iran $300B in construction, let Iran control/toll Strait of Hormuz. US gets promise to discuss Iran nukes. This is not a deal. It is a US surrender.
BREAKING: Iran now also rejects Trump's claim that "we have a deal in which Iran won't have nuclear weapon," saying the current draft keeps the nuclear program completely untouched with no new commitments regarding not building a nuclear bomb, enrichment or uranium handover to the US, per IRNA.
The draft also requires the US to pressure Israel to completely end the war in Lebanon, release $24 billion of frozen funds, pay Iran $300 billion as an "investment fund" for war reparations, lift the US naval blockade, release all sanctions, and accept Iranian control over the Strait of Hormuz. These are Iran's conditions for the US to accept, only then will Iran sign the agreement.
BREAKING: The SpaceX, $SPCX, IPO will be quoted at 9:50 AM ET today and begin trading at 10:00 AM ET.
Currently, the stock is indicated to open ~25% higher, making SpaceX the 7th largest public company in the world and Elon Musk the first trillionaire in history.
Stock market crash 1995 vs 2026
Same pattern:
1995: Huge overvalued Palm IPO -> Dot-Com Bubble crash
2026: Huge overvalued SpaceX IPO -> AI Bubble crash coming
Remember that I was first to warn you