Shares surged up to 30% as trading kicked off today. This spike follows SpaceX’s initial public offering. A billboard in New York celebrated SpaceX’s debut at the Nasdaq MarketSite. The scene, captured by Jeenah Moon for Reuters, marked a significant moment on June 12, 2026.
This is detailed in the Inside Scoop newsletter by Yasmin Vossoughian and Emily Ngo. Elon Musk, founder of SpaceX, achieved trillionaire status as the company went public. The tech world reached a new height with this milestone.
Other exciting events include sports highlights like Game 5 of the NBA Finals and a UFC event staged on the White House lawn. The World Cup has also kicked off in the United States. Correspondent Morgan Chesky shares insights as the USA prepares to face Paraguay.
SpaceX’s stock market launch created exceptional wealth for Musk and longstanding supporters of the company. Shares experienced a significant rise, boosting the company’s market value beyond $2 trillion. This dramatic valuation affirms Musk’s position as the first trillionaire on record.
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