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YOU WONT BELIEVE: 11 | Mind Blowing Facts

Weekend Quote of the Day by Elon Musk rival Jeff Bezos: "One of the huge mistakes people make is that they try to force an interest on themselves. You don’t choose your passion; your passion chooses you"

Weekend Quote of the Day: While Elon Musk's SpaceX IPO garners headlines, Jeff Bezos offers timeless career advice: "You don’t choose your passion; your passion chooses you." This resurfaced quote encourages individuals to discover genuine interests organically, rather than forcing them, suggesting true motivation leads to authentic success. It's a…

The Economic Times

SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut

SpaceX is poised for a historic Nasdaq debut, aiming for a market valuation over $2 trillion. This marks the world's largest IPO. The company's listing is a significant event for Wall Street's trading infrastructure. Investors anticipate strong initial trading performance. SpaceX's valuation reflects Elon Musk's ambitious vision and its leading…

The Economic Times

Stocks See Support from Hopes for a Near-term US-Iran Agreement

The S&P 500 Index ($SPX ) (SPY ) is up +0.29%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. June E-mini S&P futures (ESM26 ) are up +0.28%, and June E-mini Nasdaq futures (NQM26...

Barchart

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How Did Elon Musk Become A Trillionaire? The SpaceX Move That Changed Everything Overnight

Elon Musk has become the world's first trillionaire following SpaceX's record-breaking IPO, which significantly boosted his net worth.

International Business Times UK

SPCL Becomes the First and Only U.S. ETF With 2X SpaceX Exposure on IPO Day

MIAMI, June 12, 2026 (GLOBE NEWSWIRE) -- With SpaceX (NASDAQ: SPCX) expected to begin trading on the Nasdaq today, Defiance ETFs confirmed that the Defiance Daily 2X Space ETF (Cboe: SPCL) will seek 2X daily leveraged exposure to SpaceX Class A common stock within its portfolio, making it the first…

AAP

Stocks See Downward Pressure Despite Hopes for a Near-term US-Iran Agreement

The S&P 500 Index ($SPX ) (SPY ) is down -0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.53%. June E-mini S&P futures (ESM26 ) are down -0.15%, and June E-mini Nasdaq futures (NQM26...

Barchart

US Stocks: SpaceX leveraged fund providers hit by day-one launch setback, sources say

In light of recent developments, asset managers are now facing a delay on the introduction of leveraged SpaceX exchange-traded funds. The Securities and Exchange Commission has intervened to safeguard the much-anticipated IPO from any potential distractions. Major ETF firms like Direxion and ProShares had ambitious plans to debut 2x leveraged…

The Economic Times

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Sebi weighs introducing long-term futures and options contracts: Tuhin Kanta Pandey

Sebi is evaluating longer-term futures and options contracts, broader commodity derivatives and bond index derivatives to deepen markets. The regulator highlighted resilient capital markets, strong domestic investor participation and a robust IPO pipeline despite global uncertainties and volatility.

The Economic Times

Lenskart block deal; Meesho's kirana push

Lenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.

The Economic Times

With Growing Hype Ahead of the SpaceX IPO, the IPFX SPAC Merger With Quantum Space Looks Interesting

Inflection Point is set to merge with Quantum Space, an early-stage spacecraft startup.

Barchart

Elon Musk is now worth more than most countries as the SpaceX IPO pushes him to $982 billion

IN FULL

The Independent UK

For SpaceX CFO Bret Johnsen, the challenge starts after the $75 billion IPO

Johnsen now faces the task of proving SpaceX can deliver on its promises as a public company.

Fortune

SpaceX: Why Chinese investors are banned from the biggest IPO in history

Billionaire Elon Musk’s AI and aerospace giant SpaceX has banned investors from Hong Kong and mainland China from buying its shares as it goes public on Friday – a rarely seen restriction that shows just how geopolitically sensitive the world’s tangled financial markets have grown. But Chinese investors seem all…

France 24

Where does Elon Musk’s phenomenal wealth come from?

South Africa-born tech entrepeneur on course to become world’s first trillionaire after lucrative SpaceX IPO

The Independent UK

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The Economic Times

Sebi approves IPOs of Bombay Coated, Bonfiglioli Transmissions and Swaraj Green Power

Sebi has approved IPO proposals of Bombay Coated and Special Steels, Bonfiglioli Transmissions and Swaraj Green Power and Fuel. The approvals underscore sustained momentum in India’s primary market, with investors showing strong interest across manufacturing, industrial and renewable energy sectors.

The Economic Times

What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?

SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut today, June 12, 2026, after pricing at a fixed $135 per share the night before. The company raised a record $75 billion, landing an opening valuation of approximately $1.77…

The Independent UK

Elon Musk could become the world's first trillionaire with SpaceX's IPO

Elon Musk is set to become the world's first trillionaire Friday by selling shares in his rocket company in likely the biggest stock debut ever

International Business Times UK

SpaceX Raises Record $75 Billion IPO Despite $5 Billion Loss and Overvaluation Warnings: 'A Leap of Faith'

SpaceX's record-breaking $75B IPO at a $1.77T valuation sparks debate over its true worth, as analysts and political figures express concerns about overvaluation and governance ahead of its Nasdaq debut.

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Euronews

Elon Musk's SpaceX IPO: the capitalist space revolution begins

World’s biggest IPO: Elon Musk wants to raise $75bn for SpaceX, making him Earth’s first trillionaire, as Rainer Zitelmann explains in an opinion piece for Euronews how it came about and what happens next.

Fortune

SpaceX's first employee, Tom Mueller, thinks the historic IPO is just the beginning

Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

International Business Times

Is SpaceX worth $1.75 trillion?

The most interesting aspect of this IPO may not be what SpaceX has built. It is the fact that two rational, informed traders study the same prospectus and arrive at valuations nearly a trillion dollars apart. That tension is the story.

The Economic Times

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

In China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamental gap, with firms going public ahead of meaningful revenue and without the proven technology that underpins SpaceX's economics, a mismatch analysts say will cap valuations.

Space

SpaceX goes public with a mind-bogglingly historic IPO. The space industry may never be the same.

With the launch of SpaceX into the IPO frontier today, the space industry has its newest publicly traded juggernaut.

Fortune

How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO

Also: All the news and watercooler chat from Fortune.

The Economic Times

The next big money game is here. Everyone wants a seat at the table

India's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in potential clients ready to invest. New IPOs are fostering considerable wealth for entrepreneurs. As a result, banks, startups, and major corporations are racing to capitalize on this high-margin, fee-based environment.

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