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Asia stocks up, oil down on Mideast deal hopes
AFP108d agobullish
Asia stocks up, oil down on Mideast deal hopes

Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days."Donald Trump's rhetoric flipped intraday from strike risk and hard military language toward no immediate attack, high-level diplomacy with Iran and talk of a deal being close enough to sign as soon as this weekend in Europe, with Vice President JD Vance expected to attend," said Stephen Innes at SPI Asset Management.

He Left SpaceX to Change How Homes Are Built
The Hustle108d agoneutralVIDEO
He Left SpaceX to Change How Homes Are Built

America's lumber supply is one trade dispute or one bad storm away from sending home construction costs surging by thousands of dollars. A startup in North Carolina thinks grass is the fix.*It's a good time to break into infrastructure. Here's 7 businesses you can start:* https://clickhubspot.com/d2ntPlantd was founded by former SpaceX engineers who set out to replace oriented strand board — the structural panels that wrap the walls, floors, and roofs of nearly every home built in the US — with panels made from a perennial grass that grows six inches a day and can be harvested twice a year. Their boards are independently certified for use in all 50 states and, according to their own testing, are 1.5x stronger and 2x more moisture resistant than standard softwood OSB. D.R. Horton, the largest homebuilder in the country, has already ordered 10 million of them.The catch: at 250k panels a year, that order alone would take 40 years to fill. Noelle went to Oxford, NC to see how Plantd plans to get there — and whether its bet on grass can hold up against one of America's oldest industries.Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/join-free-2

SpaceX IPO set for liftoff in record market debut
AFP108d agoneutral
SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire.SpaceX is the first out of the gates among leading AI giants eyeing public markets, with OpenAI and Anthropic both recently filing initial documents with regulators.

Bitcoin, Ethereum, XRP, Dogecoin Jump After Trump Sparks Optimism On Iran Deal: Analyst Says SpaceX IPO Would Be 'Tricky' For The Markets
Benzinga108d agobullish
Bitcoin, Ethereum, XRP, Dogecoin Jump After Trump Sparks Optimism On Iran Deal: Analyst Says SpaceX IPO Would Be 'Tricky' For The Markets

Leading cryptocurrencies climbed alongside stocks on Thursday after President Donald Trump called off “scheduled” strikes on Iran amid hopes for a peace deal. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:30 p.m. EDT)Bitcoin (CRYPTO: BTC)+1.84%$63,246.60Ethereum (CRYPTO: ETH) +1.33%$1,660.40XRP (CRYPTO: XRP) +2.72%$1.13Solana (CRYPTO: SOL) +3.60%$66.48Dogecoin (CRYPTO: DOGE) +2.12%$0.08570 Crypto Market Pops Bitcoin jumped to an intraday high of $63,850 as buying pressure surged. Ethereum

How About $10 For SpaceX Stock?
Trefis108d agoneutral
How About $10 For SpaceX Stock?

Warren Buffett once said the stock market is a no-called-strike game. You don't have to swing at every pitch. SpaceX (SPCX) is the most hyped pitch in a generation. We are letting it go by.

Redwire (RDW) Shares Skyrocket, What You Need To Know
StockStory108d agoneutral
Redwire (RDW) Shares Skyrocket, What You Need To Know

Shares of aerospace and defense company Redwire (NYSE:RDW) jumped 11.8% in the afternoon session after investor excitement surrounding the upcoming SpaceX initial public offering fueled a broad rally across space and aerospace stocks.

Musk's SpaceX raises $75 billion in largest IPO ever
Reuters108d agoneutral
Musk's SpaceX raises $75 billion in largest IPO ever

Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion. ​It's definitely ​going to be a long-term story, and I think it will ​take time for the stock to find its footing ‌in the public markets.

Trading Day: Peace beckons ... again
Reuters108d agoneutral
Trading Day: Peace beckons ... again

By Jamie McGeever ORLANDO, Florida, June 11 (Reuters) - Wall Street staged its biggest bounce in two months on Thursday, and oil and bond yields tumbled, after U.S.

First analyst coverage of SpaceX stock sets a bold target
TheStreet108d agoneutral
First analyst coverage of SpaceX stock sets a bold target

Elon Musk's rocket company is hours away from going public, and Wall Street is already placing its bets. SpaceX lists on the Nasdaq on June 12 under the ticker SPCX at $135 per share, in what would be the largest IPO in stock market history. The company is targeting a $1.75 trillion valuation ...

SpaceX takes unconventional route to pricing its stock ahead of IPO
Yahoo Finance Video108d agoneutralVIDEO
SpaceX takes unconventional route to pricing its stock ahead of IPO

It's SpaceX IPO Eve (SPAX.PVT) and Elon Musk's space company is setting its IPO price on Thursday night, taking an alternate route to offer stock at $135 per share rather than a general range. Yahoo Finance Senior Reporter Pras Subramanian breaks down this unconventional public stock offering. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX.

Why Elon Musk is the 'king of big ideas'
Yahoo Finance Video108d agoneutralVIDEO
Why Elon Musk is the 'king of big ideas'

Elon Musk's SpaceX (SPAX.PVT) is on the launchpad, just one day away from its scheduled IPO. TrueCar Founder Scott Painter — an early Tesla (TSLA) advisor who sold Musk his Bel-Air mansion in 2020 — discusses his first-hand experiences witnessing Musk's leadership and vision as he seeks to expand his corporate empire. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.