SpaceX gains 6% in premarket after record debut. Here's what's driving the valuation debate
SpaceX is now valued at over $2 trillion after its stock rallied on the first day of trade.

SpaceX is now valued at over $2 trillion after its stock rallied on the first day of trade.
KFC is facing more competition from legacy giants and upstarts alike, thanks to the growing global popularity of chicken.
Stocks rose after a preliminary U.S.-Iran agreement, but questions remain over Hormuz, Israel and what follows a potential signing in Geneva.
In a new letter to President Donald Trump, Senator Elizabeth Warren, D-Mass., asks what the administration's plans are for Social Security reform.
President Donald Trump issued the threat ahead of this week's G7 summit in Évian-les-Bains, France.
Mark Zuckerberg's mega spending spree began a year ago, when he lured Alexandr Wang to oversee a new AI strategy. The results so far are underwhelming.
Javice founded a startup called Frank that JPMorgan acquired in 2021 for $175 million.
Commodity analysts warn that oil price volatility is likely to persist, despite the U.S.-Iran peace agreement.
Rivian CEO RJ Scaringe started a robotics company late last year called Mind Robotics that he says has has raised more than $1 billion.
Trump Accounts come with free money for some children, but it may not be enough to reduce the wealth gap, some experts say.
JetBlue faces heavy competition from Miami International Airport, an American Airlines stronghold.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 4 basis points to 4.441%.
The G7 is likely to address the Iran peace deal, as well as Russia's war against Ukraine, which continues to rage in eastern Europe.
The ban could include platforms like Snapchat, TikTok, YouTube, Instagram, Facebook and X.
Drugmakers are betting they can crack into the obesity drug market that Novo Nordisk and Eli Lilly currently dominate.
SpaceX and Google have a long and complicated relationship, but they were both celebrating this week after Elon Musk's company held its blockbuster IPO.
The Kevin Warsh era is upon us.
"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.
The agreement came after more than three months of stop-start negotiations and bouts of fighting since late February, roiling global energy and commodities markets.
Shares of Chinese AI model developer Zhipu surged as Wall Street banks raised bets on the company's ability to capture global AI demand.
With some planning, federal student loan borrowers can save on their monthly bills under the U.S. Department of Education's new repayment plan.
Asian tech stocks surged Monday on news that Iran and the U.S. have reached a deal.
After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech's megacaps.
Continued volatility presents an opportunity to find stocks trading at attractive prices and benefit from their long-term growth potential.