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on 06/12/2026

SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits

SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.

on 06/12/2026

From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards

With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.

on 06/12/2026

Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback

Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease.

on 06/12/2026

SpaceX cuts retail IPO allocation to low 20% range, source says

The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.

on 06/11/2026

Trump claims Iran war settled 'subject to finalization,' expects signing in 'next few days'

Hours earlier, Trump warned that the U.S. would attack Iran "VERY HARD TONIGHT" and soon take over Iran's oil infrastructure assets, including Kharg Island.

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.

on 06/12/2026

Warren questions SpaceX IPO oversight in new letter to stock indexes

Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.

on 06/11/2026

SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next

As far as Wall Street is concerned, the stock market has what it takes to absorb the new supply.

on 06/11/2026

SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel

SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.

on 06/11/2026

What energy insiders in DC are saying about oil prices and a possible Iran deal

Brian Sullivan shares his insight from the sidelines of the Global Energy Forum in Washington, DC.

on 06/11/2026

Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor

The yellow metal is at its lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.

on 06/11/2026

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.

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 06/11/2026

Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing

Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.

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 06/11/2026

Iran threatens Elon Musk's companies in Middle East: Iranian state media

Iran will consider all of Elon Musk's companies in the Middle East as military targets as it retaliates against the U.S., Iranian state media reported.

on 06/11/2026

Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official

Millions of student loan borrowers who've lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default.

on 06/11/2026

Eaton moves one step closer to becoming a cleaner bet on the AI boom

Auto parts manufacturer Dana has agreed to combine with Eaton's Mobility business in a deal that values the unit at $5.1 billion.

on 06/11/2026

Healthy Returns: CVS Health executives on reducing healthcare's biggest pain points

CVS Health execs discuss how the company is using AI and other technologies to reduce administrative burdens and deliver more proactive care experiences.

on 06/11/2026

SpaceX to close above $2 trillion market cap on its debut, prediction market traders say

Traders on Polymarket think it's likely SpaceX will join a group of just six companies with a market value beyond $2 trillion.

on 06/11/2026

OpenAI to acquire Ona to support its AI coding assistant, Codex

Ona's technology will allow OpenAI's coding assistant, Codex, to take on longer-running tasks, OpenAI said.

on 06/11/2026

Coinbase launches tool to let AI agents manage trading and payments

Coinbase is betting that AI agents will become the primary interface for people's financial activity.

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

Trump administration appeals ruling blocking $100,000 H-1B fee

The appeal follows a ruling that President Donald Trump exceeded his authority by imposing a $100,000 H-1B visa application fee without approval from Congress.