Episode
SpaceX targets $1.8tn valuation in record market debut
- Podcast
- Squawk Box Europe Express
- Published
- Jun 4, 2026
- Duration seconds
- 1727
- Processing state
not_requested
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Summary
SpaceX eyes a valuation of almost $1.8tn at its listing next week. It has marketed more than half a billion shares at $135 which will make it the largest IPO of all time. The U.S. equity markets end a five-day winning streak with oil falling back. Renewed tensions in the Gulf come as negotiators attempt to broker a ceasefire agreement between Israel and Lebanon. Israeli PM Benjamin Netanyahu tells CNBC that Lebanon must be demilitarized to ensure a lasting peace. Disappointing revenue forecasts from U.S. chip designer Broadcom sees investors sell off aggressively. Its market valuation shed $300m to put it on course for one of the biggest single-day wipeouts. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .