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SHOCKING: 9 - You Need To See This

AAP Rolling News Bulletin June 13, 0500

AAP Rolling News Bulletin for June 13 at 0500

AAP

Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that means

SpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, designed to stabilize trading, could raise SpaceX an extra $11.2 billion if demand remains strong. The greenshoe option, named after a 1960 IPO, helps manage volatility for newly…

The Economic Times

The SpaceX IPO Created a Giant Bubble for Space Stocks. SPCX’s Official Trading Debut Proved Much of the Rally Was Simply Hype.

The official trading debut of SpaceX stock has triggered a dramatic unwinding of proxy trades that investors had been using to gain indirect exposure to the space giant.

Barchart

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Trillion-Dollar Man: Contextualizing Elon Musk's New Fortune as SpaceX IPO Storms the Market

SpaceX's record IPO made Elon Musk the world's first trillionaire. We break down what $1 trillion means — from funding Mars colonization to ending global hunger, closing the water crisis, and fixing the planet we're already on.

Latin Times

AAP Rolling News Bulletin June 13, 0430

AAP Rolling News Bulletin for June 13 at 0430

AAP

AAP Rolling News Bulletin June 13, 0400

AAP Rolling News Bulletin for June 13 at 0400

AAP

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control

The Guardian - US

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Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO

From a prop trader who bet “a car” to an early investor sitting on $300 million, the sidewalk outside the Nasdaq represented everyone in the AI market.

Fortune

On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

Fortune

Elon Musk recalls SpaceX’s journey from mere 10% chance of success to the world’s biggest IPO

Elon Musk revealed that when he founded SpaceX he gave it less than a 10% chance of success. However, the aerospace giant on Friday, debuted on Nasdaq in the largest IPO ever, with its valuation surpassing $2 trillion. This blockbuster listing also propelled Musk to become the world's first trillionaire.

The Economic Times

SpaceX IPO: Elon Musk becomes world’s first trillionaire as opening shares soar

As SpaceX shares rise higher, hitting $158.51, Elon Musk's wealth has passed $1trn

The Independent UK

SpaceX soars 25% in Wall Street debut and makes Elon Musk the first trillionaire

Shares of SpaceX soared 25% in their Wall Street debut on Friday, making the rocket maker's CEO Elon Musk the first-ever trillionaire

AAP

The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont says. “The beast of volatility has awakened, and the season of chaos is at hand.”

Fortune

AAP Rolling News Bulletin June 13, 0330

AAP Rolling News Bulletin for June 13 at 0330

AAP

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news in one place.

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International Business Times

Elon Musk Becomes the World's First Trillionaire After SpaceX IPO

A record-breaking IPO vaulted SpaceX into the ranks of the world's most valuable publicly traded companies and dramatically increased the value of Musk's holdings across his business empire.

AAP

AAP Rolling News Bulletin June 13, 0300

AAP Rolling News Bulletin for June 13 at 0300

AAP

Musk's SpaceX surges past $US2 trillion in Nasdaq debut

SpaceX has made its stock market debut in a record initial public offering, with the company's value surging past $US2 trillion.

Evening Standard

Elon Musk becomes world’s first trillionaire after SpaceX mega float

His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence firm SpaceX on its stock market debut.

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news in one place.

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AAP

SpaceX soars 23% in Wall Street debut and makes Elon Musk the first trillionaire

SpaceX shares shot 23% higher as the rocket maker's shares soared in their debut on Wall Street and made CEO Elon Musk the first-ever trillionaire

Evening Standard

Elon Musk’s SpaceX soars to two trillion dollars in record-breaking IPO

It makes Tesla and X owner Mr Musk – already a billionaire – the world’s first paper trillionaire.

Evening Standard

FTSE soars on peace hope as SpaceX IPO blasts off

The FTSE 100 closed up 167.84 points, or 1.6%, at 10,471.72.

The Economic Times

World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic status

Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond.

Fortune

With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

AAP

SpaceX opens 11% higher at $150 a share and makes Musk the first trillionaire

SpaceX jumped 11% as the rocket maker's stock opened for trading

Euronews

SpaceX makes its Nasdaq debut after the largest public offering in history

Elon Musk's SpaceX began trading on the Nasdaq this Friday under the ticker SPCX, following a record $75bn (€65bn) capital raise that valued the AI and space firm at about $1.78 trillion (€1.54trn).

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