What was the valuation of SpaceX at its IPO, and how much did it raise?

The news states that SpaceX's IPO 'raised a record $75 billion, valuing the rocket and spacecraft manufacturer at $1.77 trillion'.

What impact did U.S. President Trump's comments about a potential Middle East peace deal have on global markets and oil prices?

Trump's remarks—that a peace deal with Iran 'could be signed as soon as this weekend' and that negotiations had advanced to 'the highest levels of Iran's leadership'—spurred a global stock rally, caused the dollar and bond yields to drop, and sent oil prices to two-month lows, with WTI crude falling 1.2% to $86.69 and Brent dropping 1.1% to $89.40, as the prospect of de-escalation tempered inflation fears.

Stocks Extend Rally on Gulf Breakthrough Hopes, Oil Near Two-Month Lows

Jun 11, 2026

Global stocks rallied on Middle East peace optimism, pushing oil prices to two-month lows, while SpaceX prepared for a record $75 billion IPO and precious metals corrected after recent spikes.

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Take Five: Houston, we have an IPO

2026-06-11

Stocks Extend Rally on Gulf Breakthrough Hopes, Oil Near Two-Month Lows

2026-06-13

US Stocks Rise After Oil Prices Ease, SpaceX Soars in Wall Street Debut

Stocks Extend Rally on Gulf Breakthrough Hopes, Oil Near Two-Month Lows

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