SpaceX IPO raises total of $85.7 billion as underwriters exercise 'greenshoe' overallotment option
Elon Musk's space and artificial intelligence company raised an initial $75 billion on Thursday.

Elon Musk's space and artificial intelligence company raised an initial $75 billion on Thursday.
The new Fed chair is on a political honeymoon with a U.S. president who has been the Fed's biggest opponent.
Vance on CNBC's "Squawk Box" expressed confidence that America has "all the cards" in subsequent talks with Iran.
Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.
Anthropic received an export control directive that ordered the company to suspend access to its latest AI models by any foreign national.
Airline stocks are rallying Monday and the U.S. Global Jets ETF (JETS) is on the verge of a new high for the year.
Stocks rose after a preliminary U.S.-Iran agreement, but questions remain over Hormuz, Israel and what follows a potential signing in Geneva.
The Federal Reserve's June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.
In a new letter to President Donald Trump, Sen. Elizabeth Warren, D-Mass., asks what the administration's plans are for Social Security reform.
Dick's Sporting Goods announced a partnership to bring Lids shops to 100 Dick's stores.
The U.S. and Iran have issued conflicting statements on how the Strait of Hormuz will be managed.
"I think we're gonna make hundreds of billions of dollars," Baron said Monday on CNBC's "Squawk Box."
Electronic Arts announced EA Advertising, a new way for brands to connect with fans through its portfolio of games, from stadium signs to custom content.
"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.
Traders on prediction market platform Kalshi see only an 18% chance the Elon Musk-led company gets to Earth's neighbor by 2030.
Oil and bond yields are falling on U.S.-Iran optimism, and the market cleared the SpaceX hurdle.
KFC is facing more competition from legacy giants and upstarts alike, thanks to the growing global popularity of chicken.
Businesses are accelerating their agentic offerings for enterprises as competition heats up.
Javice founded a startup called Frank that JPMorgan acquired in 2021 for $175 million.
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.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell almost 3 basis points to 4.457%.
Odds that the Strait of Hormuz traffic will return to normal before August surpassed 50%, following U.S. President Donald Trump's announcement.
Perp market traders had a form of early access to SpaceX, and the trading closely aligned with later prices in the stock market.