Episode

SpaceX IPO Shocks Markets

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jun 12, 2026
Duration seconds
103
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Summary

SpaceX just blasted onto Wall Street with a record-breaking IPO, soaring to $168 a share — a 22% jump — and instantly valuing the company at $2.2 trillion, more than Walmart and Berkshire Hathaway combined. Investors are clearly betting big on the future of space, sending major tech giants like Amazon and Microsoft into slight dips as capital shifts toward the rocket company. With OpenAI and Anthropic poised to follow, the appetite for high-stakes tech is only growing. Meanwhile, oil prices dip amid hopeful but murky peace talks in the Persian Gulf. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/76c8713e0a8718b5