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The Latest Breaking News from SpaceX

Markets tumble worldwide as Fed resets interest rate expectations: $400 billion wiped off SpaceX stock

Everything you need to know before you reach the office this morning.

Fortune

SpaceX sheds $600 billion in three days as it taps the bond market for the first time

SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm's market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.

Euronews

Oil prices hit lows not seen since early March on US-Iran peace talk progress

Brent crude dropped nearly 2% to 76.5 US dollars a barrel at one stage in morning trading on Tuesday.

Evening Standard

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Oil prices fall to early March levels as US-Iran peace talks progress

JD Vance stated that extensive discussions with senior Iranian officials have established a ‘good foundation’ for a comprehensive final peace deal

The Independent UK

US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one…

The Economic Times

SpaceX Crash Wipes More Than Warren Buffett's Net Worth From Trillionaire Elon Musk's Fortune

SpaceX shares fell 16%, erasing $152 billion from Elon Musk's fortune. The decline follows a grounded Starship fleet and a $20 billion bond sale, raising investor concerns.

International Business Times UK

Global Market Today: Asian stocks dip at open as oil edges higher

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports on negotiations, conflicting statements from both sides have created uncertainty. Concerns are also mounting over the sustainability of the AI rally, with significant drops in tech stocks like SpaceX, as…

The Economic Times

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SpaceX falls for third day, erases $600 billion in market value

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade bond sale, signaling a major borrowing effort to fuel its artificial intelligence initiatives. Despite the recent dip, the stock remains above its IPO price,…

The Economic Times

SpaceX launches its 1st 'Starfall' reentry capsule in early morning Falcon 9 liftoff

SpaceX launched its first-ever Starfall spacecraft, demonstrating the new vehicle's ability to operate in space and return safely back to Earth.

Space

AI drug discovery firm Insilico Medicine signs deal with Korea’s SK Biopharmaceuticals worth $2.5 billion

“We want to be the SpaceX of the pharmaceutical industry,” Alex Zhavoronkov, co-CEO of Insilico Medicine, tells Fortune.

Fortune

SpaceX Is the World’s Most Ambitious Company. You Should Still Wait for a Pullback in SPCX Stock Before You Buy.

SpaceX receives a price hike from Oppenheimer analyst citing Cursor acquisition and AI stack advantage.

Barchart

Stocks Are Mixed as SpaceX Seeks Its Orbit: Stock Market Today

Markets are still absorbing the biggest IPO in history, and today they're also observing the passing of one of the most consequential central bankers ever.

Kiplinger

NASA's Roman Space Telescope arrives in Florida ahead of SpaceX Falcon Heavy launch this summer

The Nancy Roman Grace Telescope has arrived at NASA's Kennedy Space Center for final preparations ahead of launching to join the orbital ranks of Hubble, Webb, Spitzer and Chandra.

Space

SpaceX Is Apparently a Value Stock as Schwab Adds SPCX to Its Popular SCHV ETF

SpaceX seems to be challenging traditional investing labels after earning a spot in Schwab’s value-stock ETF.

Barchart

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Fortune

Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars

Prediction market traders think a human colony on Mars is unlikely, and SpaceX itself did not specify a timeline in its prospectus.

Fortune

Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years

Two insurgent Democrats say the most powerful financial office in New York has been mismanaging your money—and not to vote for the other guy.

International Business Times

SpaceX Announces Bond Sale Days After Its IPO, Shares Plummet

SpaceX announced a bond sale on Monday, saying it will use the funds to pay for bridge financing and general purpose needs. Stocks are plummeting during the session.

Barchart

Is EchoStar Stock Outperforming the S&P 500?

EchoStar has rallied the S&P 500 Index over the past year, and analysts remain somewhat bullish about the stock’s growth prospects.

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news in one place.

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The Economic Times

US stocks today: S&P 500, Dow tick higher as investors weigh Mideast negotiations

Wall Street's major indexes opened little changed on Monday as investors returned from the long holiday weekend and awaited clarity on US-Iran negotiations,

The Economic Times

SpaceX holds $100.8 billion in ⁠cash as Elon Musk's rockets-to-AI reveals major details after $75 billion IPO makes it one of world's most valuable companies

SpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering.

MarketBeat

SpaceX’s Historic IPO Has Already Sparked a 2X ETF Frenzy

SpaceX's record-breaking IPO at a $1.77 trillion valuation triggered a rapid wave of over eight leveraged ETF launches within days of its listing.

The Economic Times

US stocks: SpaceX launches debt sale to raise capital, reports $100.8 billion in cash

SpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash balance. This significant financial position suggests the company is well-funded for its ambitious future plans, including further Starship development and its ongoing Starlink satellite internet expansion.

Space

Launch monster: SpaceX has lofted more satellites than everyone else in history, combined

SpaceX has now launched more satellites than the rest of humanity combined —and the gap will continue to widen over time.

International Business Times UK

X Offers 'Neglected Meta Employees' Better Snacks as Zuckerberg Battles a Morale Crisis

Nikita Bier's recruitment strategy at X leverages Meta's morale issues and AI talent investments, turning office snacks into a competitive advantage.

Evening Standard

Are the three mega-AI IPOs about to break the market?

SpaceX just had its IPO, with Anthropic and OpenAI both set to launch initial public offerings soon — their collective financial weight threatens to burst the AI bubble

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