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The Latest Breaking News from SpaceX

AAP Rolling News Bulletin June 13, 0430

AAP Rolling News Bulletin for June 13 at 0430

AAP

Share your views on SpaceX’s stock market debut

Americans’ financial futures are about to be tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this?

The Guardian - US

$1,000,000,000,000: The larger story of Musk, the first trillionaire, lies not in wealth, but in power, tech and governance

Elon Musk's trillion-dollar valuation marks a new era in capitalism. This unprecedented wealth reflects a changing dynamic between technology and power. Private entities now wield influence once held by nations. Markets are valuing future possibilities over present products. Societies face the challenge of governing this new scale of economic power…

The Economic Times

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Renewed hope for Iran deal buoys investors

RECAP: Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days, although Tehran said it had not reached a final conclusion.

Bangkok Post

Space stocks slump as blistering rally cools after SpaceX market debut

Space stocks saw a significant drop on Friday. Investors took profits after a strong rally. This occurred on the day of SpaceX's highly anticipated market debut. The Elon Musk-led company achieved a valuation exceeding two trillion dollars. This event has drawn attention to the entire space sector. Other space companies…

The Economic Times

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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AAP

US stocks rise as oil falls and SpaceX soars in its debut on Wall Street

U.S. stocks are rising after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street

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.

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news in one place.

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AAP

What Elon Musk's trillion means in real terms

Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world's first trillionaire

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.

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.

International Business Times UK

Elon Musk Confession: 'Trillionaire' Rejects Relaxing On Beach Because 'Nothing Matters If We Collapse'

Elon Musk says civilisation's survival outweighs personal luxury, arguing that cultural and political battles matter more than leisure if society were to collapse.

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.

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