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on 06/12/2026

Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq

Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion.

on 06/12/2026

Trump admin: Iran deal signing likely in coming days, but not '100%' certain

A deal to end the Iran war could be signed soon, a senior Trump administration official said, following conflicting statements in recent days from the warring nations.

on 06/12/2026

SpaceX market cap tops $2 trillion after shares of Elon Musk's rocket company gain 19% on debut

SpaceX shares soared on Friday as trading commenced on the Nasdaq.

on 06/12/2026

As investors flock to SpaceX, one trader eyes a sleepy 'stealth' play

If you're looking for something a little more terrestrial, there's one stock that investors are overlooking.

on 06/12/2026

Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is 'stupid'

SpaceX set a fixed price of $135 per share in the leadup to its IPO on Friday, placing its valuation at $1.77 trillion. Shares rallied more than 25%.

on 06/12/2026

Trump name still must come down from Kennedy Center, judge says

President Donald Trump has asked a federal appeals court to suspend a lower-court order that his name before removed from the performing arts center.

on 06/12/2026

SpaceX 'proxies' plunge as real deal arrives: Here's where traders are buying the dip

SpaceX "proxy stocks," whose options volumes were booming ahead of Friday's historic initial public offering, are unwinding gains.

on 06/12/2026

For Warsh as Fed chair, silence may be the point

Kevin Warsh will hold his first Fed meeting, giving markets the first public look at how he'll communicate as chair of the Federal Reserve.

on 06/12/2026

Pirro's losses in Fed investigation should stay on the books, judge rules

In a scathing ruling, Judge James Boasberg denied U.S. Attorney for the District of Columbia Jeanine Pirro's request to vacate his earlier orders.

on 06/12/2026

Social Security COLA for 2027 may jump to 4.7%, one estimate finds. This chart shows prices driving the increase

As inflation climbs, Social Security beneficiaries may see a higher cost-of-living adjustment in 2027. Here's which costs spiked most over the past 12 months.

on 06/12/2026

Judge blocks DOJ 'anti-weaponization' fund for longer, wants guarantee it’s dead

A judge gave Acting Attorney General Todd Blanche and Treasury Secretary Scott Bessent a week to submit a sworn declaration the DOJ fund was not going forward.

on 06/12/2026

New SpaceX millionaires are reinventing the business of managing large wealth

Wealth advisors say SpaceXers have unique ways of addressing their financial challenges, including whiteboarding, troubleshooting and AI.

on 06/12/2026

SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors

Gwynne Shotwell, long Elon Musk's second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company's highly anticipated IPO.

on 06/12/2026

How to get SpaceX stock — without buying the IPO

Investors will can hold SpaceX stock by virtue of owning shares in certain mutual funds and exchange-traded funds.

on 06/12/2026

U.S. crude oil falls below $85 as U.S. and Iran near a deal to reopen Hormuz

Oil prices fell Friday after a proposed peace deal that would see the Strait of Hormuz reopen was reported by Iranian state media.

on 06/12/2026

Goldman nets a big payday for SpaceX IPO. Plus, what drove our winners and losers this week

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

on 06/12/2026

The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it

The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in history. Here's what that means for portfolios.

on 06/12/2026

Bitcoin's latest plunge revives the debate over owning it—and whether it's just 'crypto being crypto'

The cryptocurrency's latest selloff is forcing investors to revisit what role, if any, bitcoin should play in a portfolio.

on 06/12/2026

Options volume in space stocks boomed as investors look for any way 'to get long SpaceX'

"There's a ton of short-dated call buying in these names as a way to get long SpaceX," Danny Kirsch, head of options trading at Piper Sandler, said.

on 06/12/2026

Meta reportedly begins dismantling $2 billion Manus deal on Beijing's orders

Meta has reportedly begun dismantling its acquisition of Manus, moving to comply with Beijing's unprecedented order to hand back the Chinese-founded AI startup.

on 06/11/2026

Waymo launches premier subscription tier for $29.99 a month, starting in select cities

Waymo is offering a new subscription tier for power users, starting in San Francisco, Los Angeles and Phoenix

on 06/11/2026

Ex-Andreessen Horowitz partner slams his old firm, other VCs for 'political infiltration' around AI

John O'Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to "intimidate politicians."

on 06/12/2026

Former Tesla board member says SpaceX needs to achieve 2 of its 3 moonshots to keep its valuation

SpaceX has achieved its goal of becoming the largest IPO on record.

on 06/12/2026

Trump picks former SEC Chairman Jay Clayton as national intelligence director

Trump's announcement came after House Democrats' objections to his pick of Bill Pulte as acting chief ensured that a key national security tool expires Friday.