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The SpaceX IPO made history. Is the excitement still there?
The SpaceX IPO made history. Is the excitement still there? SpaceX investors have swung from celebration to apparent concern in its first month as a publicly traded company. When shares in the firm, co-founded and led by Elon Musk, first became available for individuals to buy on the public stock market on 12 June, there was an investor frenzy . Although the company had decided to price its shares at $135 each, the price immediately shot up to $150 that first day, climbing to $176, before closing at $160.95.
Messi and Ronaldo Are Building Tech Portfolios. Mo Salah Is Playing a Different Game
Messi and Ronaldo Are Building Tech Portfolios. Lionel Messi and Cristiano Ronaldo are betting on AI, health tech, and startups. Mohamed Salah is taking a more traditional route beyond football. Lionel Messi, Cristiano Ronaldo, and Mohamed Salah have spent the past two decades defining one of soccer's greatest eras. Now, as the 2026 FIFA World Cup marks Ronaldo's final appearance at the tournament and another defining moment in the careers of Messi and Salah, they're also preparing for life beyond the pitch.
Thai stock market thriving as surprise beneficiary of AI boom
People visit the Delta Electronics booth during the annual Computex trade show in Taipei, Taiwan, on June 3, 2026. Thailand's stock market is having the best year among Southeast Asian peers, as investors discover an unlikely source of exposure to the global artificial-intelligence boom. Much of that gain has come from Delta Electronics (Thailand). The maker of power systems for AI data centers has surged more than 80% this year and became Thailand's first $100 billion company, large enough to be worth more than the next four largest Thai stocks combined. While the country lacks the semiconductor champions of Taiwan or South Korea, investors are increasingly recognizing its role in supplying the infrastructure behind AI. "Thailand isn't a pure AI market, but its exposure to data centers, electronics, power systems and digital infrastructure gives investors a new way to view Thai equities beyond the traditional tourism, banks and domestic consumption cycle," Bloomberg Intelligence Strategist Sufianti said in a note. Delta's rise is the clearest evidence of that shift.
AI boom sees investors shift from Japan's value to growth stocks
AI boom sees investors shift from Japan's value to growth stocks Some see Japanese equities as an attractive way to diversify away from U.S. stocks while still benefiting from the global artificial intelligence rally. Japanese equities, long regarded by global investors as a value market, are beginning to attract growth funds, as artificial intelligence-linked firms power to the top of market-cap rankings, beating out the manufacturers and telecoms giants that dominated for decades. "We have been raising our exposure to Japan based on the growth prospects of Japanese companies" under a strategy of investing in innovative firms globally, said Kei Takizawa, senior investment strategist at AllianceBernstein Japan. The nation's firms are playing an increasingly critical role in building AI infrastructure, he added. Investors had historically classified Japan's equities as low-growth value stocks due to the country's sluggish economic growth and declining population.
US AI stock sell-off shakes markets from Wall Street to Asia
Traders work on the floor at the New York Stock Exchange on 22 June 2026. Traders work on the floor at the New York Stock Exchange on 22 June 2026. A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index closed 2.2% lower on Tuesday. The S&P 500 was also down by Tuesday afternoon, dropping 1.43% while the Dow remained steady.
SpaceX IPO raised 10bn more than thought
SpaceX raised $10bn (£7.5bn) more than initially thought when it sold shares to the public on Friday - bringing in a total of $85.7bn. Elon Musk's rocket and Artificial Intellgience (AI) company pulled off the biggest initial public offering (IPO) in history when it joined New York's Nasdaq stock exchange last week. The listing had raised $75bn from investors, which Musk told employees will be spent funding a significant growth phase. But the banks which backed the IPO exercised a so-called greenshoe clause, which let them purchase an extra $10bn of SpaceX shares. The extra $10bn raised, revealed in a statement by SpaceX announcing the completion of the listing, would by itself rank as one of the biggest IPOs in history.
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut Elon Musk on Friday became the world's first trillionaire after shares in his SpaceX rocket company soared during the biggest-ever stock market debut. The Tesla and SpaceX founder comfortably cemented his status as the world's richest man, with his total net worth standing at $1.11tn (£828bn) according to the Bloomberg rich list. It came as the rocket, telecommunications and artificial intelligence (AI) company listed on the Nasdaq stock exchange with a value of $2.2tn. The company said its shares would be offered at $135 each, but trading opened at $150 and briefly reached $176.50 in a show of investor enthusiasm for potential business related to space and companies associated with Musk. SpaceX shares closed on Friday at about $161.
Elon Musk Is the World's First Trillionaire
SpaceX's stock market debut has thrust the richest man in the universe into an unexplored frontier of wealth. There are thousands of billionaires across the world. But there is only one trillionaire. Elon Musk became the first person to amass a personal fortune of over $1,000,000,000,000--that's 12 zeros--after shares of his rocket company SpaceX debuted on the Nasdaq stock exchange on Friday. SpaceX's initial public offering on Thursday valued the company at nearly $1.8 trillion, up from its most recent private valuation of around $1.25 trillion.
SpaceX to list on US stock market at historic 1.77tn valuation
SpaceX to list on US stock market at $1.77tn valuation in largest ever debut IPO for Elon Musk's company comes in what is predicted to be a banner year for public offerings of AI companies SpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker's historic stock market debut. If all goes to plan, the company's initial public offering (IPO) will mint a valuation of $1.77tn - earning it the designation of the world's largest ever IPO. Elon Musk, the founder and CEO of SpaceX, has a large stake in the company as majority shareholder, so if investors' enthusiasm validates the eye-popping valuation, he would take the title of the world's first-ever trillionaire. Musk is also the CEO of Tesla, which is valued at $1.2tn.