SpaceX shares opened their second week of public trading on a positive note Monday as US stock futures surged on the Iran peace deal news. The stock, trading as SPCX on the Nasdaq, closed its first week at $161.11, up 19% from its $135 IPO price, and was tracking higher in pre-market activity Monday morning. The company's inclusion timeline in major indexes, including the S&P 500 and MSCI global benchmarks, is being closely watched by institutional investors who must eventual

In one of the most consequential diplomatic announcements in years, President Donald Trump declared on Sunday evening that the deal with the Islamic Republic of Iran is now complete. Writing on Truth Social on his 80th birthday, Trump stated he was fully authorizing the toll-free opening of the Strait of Hormuz and the immediate removal of the United States Naval blockade of Iranian ports. "Ships of the World, start your engines," he wrote, in a message that ricocheted throug

President Trump signaled on Saturday that the US-Iran peace deal could be signed as early as Sunday, June 14, today, while Iran's foreign ministry has urged caution on exact timelines, saying the process requires more internal deliberation. Polymarket prediction markets, which have seen more than $310 million in trading on the question, currently reflect high confidence that a permanent deal will be reached by the end of June, citing Pakistan's announcement that the final tex

SpaceX made history on Friday with the largest initial public offering ever recorded, pricing shares at $135 and watching them rocket more than 19% on their first day of trading on the Nasdaq under the ticker SPCX. Shares opened at $150, surged past $160 shortly after the bell, and closed around $161.11, valuing Elon Musk's space and AI infrastructure company at approximately $1.77 trillion. The offering raised roughly $75 billion, instantly making Musk, who retains more than