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Markets1h 36m ago
Stocks climbed on Friday after SpaceX's IPO and President Donald Trump's claim that a deal with Iran is imminent.
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Geneva
Who
SpaceX, Donald Trump, Elon Musk, Mark Klein, JD Vance, Mohammed Baqer Qalibaf
What
Stocks climbed on Friday after SpaceX's IPO and President Donald Trump's claim that a deal with Iran is imminent.
When
Fri, 12 Jun 2026 20:07:45 GMT · 1h 36m ago
Where
Geneva ·
Why
The S&P 500 gained 0.50%, the Nasdaq Composite by 0.31%, and the Dow Jones Industrial Average climbed 0.70% due to positive market reactions to SpaceX's IPO and news of potential US-Iran deal.
The Frontline Impact
How this affects you
Global investors are closely watching both the burgeoning space economy, exemplified by SpaceX's successful IPO, and geopolitical developments, specifically a potential US-Iran agreement, as these events can significantly influence market stability and future economic trends.
Story chain
43 events in this thread- Markets38m agoSpaceX’s IPO shares surged over 19%, pushing its valuation past $2 trillion, while oil prices declined over 3% due to US-Iran peace talks.Open article
- Markets1h 13m agoU.S. stocks rose Friday after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street.Open article
- Markets1h 13m agoU.S. stocks rose Friday after oil prices fell and SpaceX soared in its debut on Wall Street.Open article
- Markets1h 13m agoU.S. stocks rose Friday after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street.Open article
- Markets1h 35m agoSpaceX made its Nasdaq debut on Friday, with its shares closing 19% higher at approximately $161 a share, pushing the company's valuation past $2 trillion.Open article
- Currently Reading1h 36m agoStocks climbed on Friday after SpaceX's IPO and President Donald Trump's claim that a deal with Iran is imminent.
- Markets1h 36m agoStocks climbed on Friday after SpaceX's IPO and President Donald Trump's claim that a deal with Iran is imminent.Open article
- Markets1h 36m agoStocks climbed after SpaceX's IPO and President Donald Trump's claim that a deal with Iran is imminent.Open article
- Markets1h 42m agoU.S. stocks ended higher on Friday afternoon fueled by hopes for a peace deal between Iran and the United States and SpaceX's surging shares in its historic debut.Open article
- Markets1h 42m agoU.S. stocks climbed Friday as hopes for a U.S.-Iran peace deal emerged and SpaceX shares surged in their debut, making it Wall Street's biggest public listing in history.Open article
- Markets1h 43m agoU.S. stocks ended higher on Friday afternoon as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut.Open article
- Markets1h 43m agoU.S. stocks ended higher on Friday afternoon as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut.Open article
- Markets1h 43m agoU.S. stocks ended higher, buoyed by potential peace between the U.S. and Iran and SpaceX's record IPO debut.Open article
- Markets2h 21m agoElon Musk officially became the world's first trillionaire after SpaceX shares soared by 24% on Wall Street as the company went public on Friday.Open article
- Markets2h 21m agoElon Musk became the world's first trillionaire after SpaceX shares soared 24% on its public debut, with the stock opening at $150 and jumping to around $168.Open article
- Markets2h 21m agoElon Musk is officially the world's first trillionaire after shares of SpaceX soared on Wall Street and the company went public for the first time on Friday.Open article
- Markets2h 21m agoElon Musk is officially the world's first trillionaire after shares of SpaceX soared on Wall Street and stock for the rocket company went public for the first time on Friday.Open article
- Markets2h 45m agoU.S. stocks were modestly higher on Friday afternoon as investors hoped for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, making it Wall Street's biggest public listing in history.Open article
- Markets2h 45m agoU.S. stocks were modestly higher on Friday afternoon as investors hoped for a peace deal between Iran and the United States, and SpaceX shares surged in their debut.Open article
- Markets2h 45m agoSpaceX shares surged 27.9% to $172.55 in their Nasdaq debut, valuing the company at over $2 trillion, while U.S. stocks also rose.Open article
- Markets2h 45m agoU.S. stocks experienced a modest rise as SpaceX shares soared in their debut, marking Wall Street's largest public listing.Open article
- Markets3h 15m agoThe official trading debut of SpaceX (SPCX) stock has triggered a dramatic unwinding of proxy trades, causing significant drops in related space stocks.Open article
- Markets3h 15m agoThe official trading debut of SpaceX (SPCX) stock has triggered a dramatic unwinding of proxy trades that investors had been using to gain indirect exposure to the space giant.Open article
- Markets3h 15m agoThe official trading debut of SpaceX (SPCX) stock triggered a dramatic unwinding of proxy trades, causing significant drops in other space-related stocks.Open article
- Markets3h 41m agoElon Musk's trillion-dollar valuation marks a new era in capitalism, reflecting a changing dynamic between technology and power.Open article
- Markets3h 48m agoU.S. space stocks tumbled on Friday as investors rushed to lock in gains on the day of SpaceX's market debut, snapping a months-long rally.Open article
- Markets3h 48m agoU.S. space stocks tumbled on Friday as investors rushed to lock in gains on the day of SpaceX's market debut.Open article
- Markets3h 48m agoUS stocks rose Friday after oil prices fell and SpaceX surged 23% in its debut to a $2.18 trillion valuation, making it the biggest IPO on record.Open article
- Markets3h 48m agoUS stocks rose Friday after oil prices fell and SpaceX surged 23% in its highly anticipated debut on Wall Street, reaching a $2.18 trillion market value.Open article
- Markets4h 27m agoSpaceX's Nasdaq debut saw its valuation exceed $2 trillion, triggering a large wave of tokenized stock activity across crypto markets.Open article
- Markets5h 13m agoClear Street analyst Greg Pendy designated several stocks as either competitors or complementary plays to SpaceX ahead of its initial public offering on Friday.Open article
- Markets5h 29m agoElon Musk's SpaceX made a strong entrance into public markets on June 12, with its shares starting trade on the Nasdaq at $150 each, representing an 11 per cent gain over the initial public offering (IPO) price of $135.Open article
- Markets5h 41m agoThe dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.Open article
- Markets5h 41m agoThe dollar steadied on Friday, capping a week marked by significant economic and geopolitical events that sent ripples through global markets.Open article
- Markets5h 41m agoThe dollar steadied on Friday amidst a week of economic and geopolitical volatility, highlighted by Middle East peace negotiations and a major SpaceX IPO.Open article
- Markets5h 42m agoMorningstar valued SpaceX at $63 per share, significantly below its indicative IPO price of $135 and bullish targets of $190.Open article
- Markets5h 42m agoSpaceX's shares jumped 17% on Friday, pushing its valuation above $2 trillion during its Nasdaq debut, following a record-setting $75 billion initial public offering.Open article
- Markets5h 56m agoCanada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.Open article
- Markets5h 56m agoCanada’s main stock index was up more than 300 points in late-morning trading.Open article
- Markets6h 22m agoU.S. stocks are rising Friday after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day.Open article
- Markets7h 22m agoU.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX later in the day.Open article
- Markets7h 50m agoUS stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX.Open article
- Markets7h 53m agoU.S. stocks are drifting Friday as oil prices fell and Wall Street awaits the highly anticipated debut of SpaceX.Open article
Verified Sources & Citations
- HIGHThe Atlanta Journal-Constitutionhttps://www.ajc.com/news/2026/06/wall-street-drifts-ahead-of-highly-anticipated-market-debut-of-spacex/
- HIGHTimes of Indiahttps://timesofindia.indiatimes.com/business/international-business/us-stock-market-today-wall-street-steadies-as-oil-drops-spacex-debut-puts-ai-frenzy-to-the-test/articleshow/131686649.cms
- HIGHThe Atlanta Journal-Constitutionhttps://www.ajc.com/news/2026/06/us-stocks-drift-as-oil-falls-and-wall-street-waits-for-spacexs-debut/
- HIGHBarcharthttps://www.barchart.com/story/news/2433656/us-stocks-drift-as-oil-falls-and-wall-street-waits-for-spacex-s-debut
- HIGHBarcharthttps://www.barchart.com/story/news/2433656/us-stocks-rise-as-oil-falls-and-wall-street-waits-for-spacex-s-debut
- HIGHBnn Bloomberghttps://www.bnnbloomberg.ca/business/2026/06/12/sptsx-composite-up-more-than-300-points-us-stock-markets-also-higher/
- HIGHCP24 Torontohttps://www.cp24.com/news/money/2026/06/12/sptsx-composite-up-more-than-300-points-us-stock-markets-also-higher/
- HIGHTechStartups.comhttps://techstartups.com/2026/06/12/spacex-tops-2-trillion-valuation-after-shares-surge-17-in-historic-market-debut-on-nasdaq/
- HIGHCrypto Newshttps://crypto.news/morningstar-sounds-alarm-on-spacex-as-bulls-target-190/
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3934469-market-jitters-as-middle-east-peace-talks-and-spacex-ipo-shake-global-economy
- HIGHTimes Nowhttps://www.timesnownews.com/business-economy/markets/elon-musk-becomes-worlds-first-trillionaire-as-spacex-shares-list-at-11-premium-article-154583241
- HIGHCNBChttps://www.cnbc.com/2026/06/12/spacex-just-went-public-this-analyst-thinks-these-related-stocks-are-worth-buying.html
- HIGHCrypto Newshttps://crypto.news/spacex-debut-turns-tokenized-stocks-into-cryptos-hottest-sector/
- HIGHRepublic Worldhttps://www.republicworld.com/world-news/spacex-soars-23-in-record-218-trillion-ipo-as-stocks-rise-on-falling-oil-prices-2026-06-12-128028
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/us-stocks/news/space-stocks-slump-as-blistering-rally-cools-after-spacex-market-debut/articleshow/131691044.cms
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/opinion/et-commentary/1000000000000-the-larger-story-of-musk-the-first-trillionaire-lies-not-in-wealth-but-in-power-tech-and-governance/articleshow/131691120.cms
- HIGHBarcharthttps://www.barchart.com/story/news/2445806/the-spacex-ipo-created-a-giant-bubble-for-space-stocks-spcxs-official-trading-debut-proved-much-of-the-rally-was-simply-hype
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3934571-spacex-surges-in-historic-wall-street-debut-amid-peace-hopes-with-iran
- HIGHMarketScreenerhttps://www.marketscreener.com/news/wall-street-rises-on-iran-war-peace-deal-hopes-spacex-s-historic-debut-ce7f5cd9dd8af72c
- HIGHWJLAhttps://wjla.com/news/nation-world/elon-musk-becomes-worlds-first-trillionaire-as-spacex-goes-public-sending-stocks-soaring-spcx-nasdaq-economists-space-mars-tesla-ceo-ai-satellites
- HIGHBaltimore Newshttps://foxbaltimore.com/news/nation-world/elon-musk-becomes-worlds-first-trillionaire-as-spacex-goes-public-sending-stocks-soaring-spcx-nasdaq-economists-space-mars-tesla-ceo-ai-satellites
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3934585-wall-street-soars-spacex-makes-historic-debut-amid-hopeful-us-iran-peace-talks
- HIGHMarketScreenerhttps://www.marketscreener.com/news/wall-street-ends-up-on-iran-war-peace-deal-hopes-spacex-s-historic-debut-ce7f5cd9dd8cff24
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-us-market-ends-up-on-iran-war-peace-deal-hopes-spacexs-historic-debut/articleshow/131693450.cms
- HIGHInternational Business Timeshttps://www.ibtimes.com/stocks-rise-spacex-ipo-trumps-claims-that-iran-deal-close-3804055
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-spacex-value-surges-past-2-trillion-in-historic-ipo-debut/articleshow/131693464.cms
- HIGHThe Atlanta Journal-Constitutionhttps://www.ajc.com/news/2026/06/us-stocks-rise-after-oil-prices-ease-and-spacex-soars-in-its-debut-on-wall-street/
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3934604-spacex-soars-an-ipo-boost-amid-iran-peace-talks