SpaceX’s upcoming IPO under the ticker SPCX is set to become the largest market debut in history. Targeting a $1.77 trillion valuation, the company plans to raise up to $75 billion on June 12.
Wall Street is highly anticipating the launch, which offers investors direct access to Elon Musk’s dominant space economy, including reusable rockets, the expanding Starlink network, and space-based AI data centers.
The SpaceX stock launch should make Musk the world’s first trillionaire.
Despite their contrasting politics, President Donald Trump and NYC Mayor Zohran "Mandy" Mamdani have formed an unexpected bond over their shared passion for NBA basketball.
This connection solidified during the New York Knicks' historic run to the 2026 NBA Finals. Both leaders leaned into the team's postseason success to unite a divided public, with the Mayor issuing lighthearted mock executive orders for young fans and the President frequently praising the team’s gritty play from the White House.
This mutual sports obsession has transformed a potentially hostile federal-municipal dynamic into a productive partnership. Their shared enthusiasm for the Knicks has built a unique bridge for policy negotiations, paving the way for constructive discussions on major city infrastructure and housing initiatives. By bonding over hoops, Trump and Mamdani have shown that a collective love for New York sports can temporarily transcend party lines.