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BIZARRE: 6 - What They Never Told You

Dollar steadies, set for weekly loss on US-Iran deal talks

The dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged higher after the ECB's rate hike, while traders awaited the Federal Reserve's upcoming meeting. Markets are assessing the impact of potential peace and the SpaceX offering on…

The Economic Times

Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say

Japanese investors showed immense interest in SpaceX's record-breaking IPO. They sought over one trillion yen in shares, with retail investors leading the charge. This strong demand mirrored global enthusiasm for Elon Musk's company. Japanese investors ultimately secured 2.2 billion dollars worth of stock. The IPO was the world's largest public…

The Economic Times

Elon Musk net worth tops combined wealth of next 4 billionaires after historic SpaceX debut

SpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first time. Strong investor demand pushed the company’s valuation past $2 trillion, cementing Musk’s position as the world’s richest individual by a wide margin.

The Economic Times

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OpenAI under investigation by group of state attorneys general

A group of US state attorneys general has started a wide-ranging probe into OpenAI. The ChatGPT maker received a subpoena seeking documents on its operations and user impact. This investigation includes data handling, minors, seniors, and internal policies. OpenAI faces increasing legal scrutiny as it prepares for an IPO. The…

The Economic Times

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How much money did Elon Musk make in SpaceX’s stock market debut?

He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation

The Guardian - US

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Fortune

Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO

SpaceX’s IPO will crown a few select VC winners. But it’s only the beginning of Hot IPO Summer.

AAP

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The Economic Times

US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillion

SpaceX's Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S. company. Investors, from institutions to retail fans, celebrated the record-breaking IPO, which raised $75 billion. Despite a reported loss last year, the company's ambitious vision and market opportunity captivated the market, with shares closing up 19%.

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Kiplinger

Stocks Pop on SpaceX IPO, Hormuz Peace Plan: Stock Market Today

Markets eased into the weekend with modest gains, as the SpaceX IPO made Elon Musk a trillionaire and Middle East peace seemed near.

International Business Times UK

Can Elon Musk's SpaceX IPO Affect Your 401(K) and IRA Savings? Experts Explain How Shares Hit Retirement Accounts

Elon Musk's SpaceX IPO will hit your 401(k) and IRA savings through index funds within days. Experts explain why the impact is small despite the $1.75t valuation.

International Business Times

Stocks Rise On SpaceX IPO, Trump's Claims That Iran Deal Is Close

Stocks climbed on Friday after SpaceX's IPO and Donald Trump's claim that a deal with Iran is imminent.

The Economic Times

US stocks: US market ends up on Iran war peace deal hopes, SpaceX's historic debut

U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX, which surged past its IPO price. Progress in peace talks eased inflation and interest rate concerns, while SpaceX's strong opening captivated investors despite its recent losses. Other space stocks saw a slight…

AAP

SpaceX stock soars in debut and makes Elon Musk the first trillionaire

Shares of SpaceX soared 24% in their Wall Street debut, making the rocket maker's founder and CEO Elon Musk the first-ever trillionaire

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