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SpaceX Stock Soars 24% on Record $75B IPO Debut, June 13
SpaceX IPO debut: Stock opens at $150, up 24% on record $75B raise. Elon Musk becomes world’s first trillionaire. Retail demand exceeded $100 billion.
Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12
Adobe stock drops 13% to $202.89 despite beating Q2 earnings and raising guidance. CFO Dan Durn exits for Marvell as CEO search continues.
Australia’s July 1 Tax Cuts, Fuel Relief End: What Changes June 13
Australia’s July 1 changes include tax cuts up to $268, end of fuel excise relief, and tighter AML regulations for financial firms.
US-Iran Peace Deal Nears as Trump Cancels Strikes, Oil Falls Below $90
Trump cancels Iran strikes as peace talks advance. Brent crude falls below $90/barrel on de-escalation hopes amid nuclear program disputes.
Kalshi Hits $1B in Crypto Perps Volume, Expands to HYPE and Solana
Kalshi’s crypto perpetuals hit $1B volume in one week. HYPE token jumps 10% after regulated futures launch on new assets.
German Pensions Rise 4.24% from July 1, 2026
Germany’s Bundesrat approves 4.24% pension increase starting July 1, 2026. Standard retirees gain €77.85 monthly as wage growth outpaces inflation.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum
TSLA shares rose in pre-market trading to $402.00, marking a 0.71% increase as investor sentiment strengthened following news related to SpaceX IPO order book closure. The movement reflects renewed excitement across high-growth technology and space-related assets, which often influence Tesla’s market perception due to Elon Musk’s leadership across multiple companies. The rise in TSLA stock…
SpaceX IPO Soars to $175, Musk Becomes World’s First Trillionaire
SpaceX IPO raised $75 billion at $135 per share, the largest offering ever, valuing the company at $2.29 trillion.