Today: 5 June 2026
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NASDAQ:SPCX 16 May 2026 - 2 June 2026

SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX set aside 5% of IPO shares for select employees and others chosen by executives, with no standard lock-up. The company targets a $75 billion raise at a $1.75 trillion valuation, aiming to list on Nasdaq as SPCX. Elon Musk will retain 85.1% voting power. Starlink was the only profitable division last quarter; the AI unit lost $2.47 billion. Anthropic will pay SpaceX $1.25 billion monthly for AI compute through 2029.
2 June 2026
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SpaceX’s $1.8 Trillion IPO Path Faces New Wrinkle

SpaceX’s $1.8 Trillion IPO Path Faces New Wrinkle

SpaceX plans to launch its IPO at a valuation of at least $1.8 trillion, down from over $2 trillion cited in April, Bloomberg reported Friday. The company secured a $4.16 billion U.S. Space Force contract this week and aims to start its IPO roadshow June 4, targeting a Nasdaq debut as early as June 12 under the ticker SPCX, according to Reuters.
30 May 2026
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SpaceX restarts Starlink launches after satellite mishap — and another Falcon 9 is already queued

Goldman Said to Get Lead Spot as SpaceX IPO Nears $1.75 Trillion Listing

Goldman Sachs is set to lead SpaceX’s planned IPO, which could become the largest in history, with a targeted valuation of about $1.75 trillion, Reuters reported. SpaceX aims to publish its prospectus as soon as Wednesday and list on Nasdaq under the ticker SPCX as early as June 12. The company’s next Starship test flight is scheduled for May 21 from Texas. Morgan Stanley, Bank of America, Citigroup, and JPMorgan are also expected to play major roles.
20 May 2026
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SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX plans to debut on Nasdaq as early as June 12 under the ticker SPCX, targeting about $75 billion in proceeds at a $1.75 trillion valuation. Shareholders approved a 5-for-1 stock split, with processing expected by May 22. BlackRock has discussed a possible $5 billion to $10 billion investment, though no agreement is final. SpaceX aims to release its prospectus as early as Wednesday.
17 May 2026
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SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
16 May 2026
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Stock Market Today

  • Stocks Rise Led by Banks and Healthcare as Dow Hits Record High
    June 5, 2026, 6:58 AM EDT. The Dow Jones Industrial Average surged to a record high, rising 1.73%, driven by strength in bank stocks and managed healthcare companies. The S&P 500 climbed 0.41%, while the Nasdaq 100 fell 0.53%, pressured by technology stocks. Broadcom shares dropped over 12% after a disappointing AI revenue forecast. Crude oil prices fell over 3%, easing Treasury yields, with the 10-year yield down 2 basis points to 4.47%. U.S. weekly jobless claims rose to a 3.75-month high, and Q1 nonfarm productivity was revised lower, offset by a drop in unit labor costs easing wage pressure fears. Geopolitical tensions in the Middle East remain unresolved with continued conflicts despite a tentative ceasefire agreement.

Latest articles

Nasdaq Futures Down With Broadcom Surprise Ahead of Jobs Report

Nasdaq Futures Down With Broadcom Surprise Ahead of Jobs Report

5 June 2026
Broadcom’s second-quarter revenue miss and lower-than-expected AI chip forecast sent Nasdaq 100 futures down 0.91% and S&P 500 futures off 0.41% premarket, as investors cut exposure to AI-linked stocks ahead of the May jobs report, intensifying pressure on chipmakers and raising the stakes for Friday’s labor data.
Lululemon Shares Drop Premarket as U.S. Weakness Persists

Lululemon Shares Drop Premarket as U.S. Weakness Persists

5 June 2026
Lululemon shares plunged about 12% premarket after slashing its annual profit forecast and issuing a weak Q2 earnings outlook, erasing over $1.7 billion in value as North American demand falters, margins shrink, and analysts warn of further pressure unless the brand and product offerings improve.
Redwire Shares Jump After Space Strawberries, But Backlog Questions Remain

Redwire Shares Jump After Space Strawberries, But Backlog Questions Remain

5 June 2026
Redwire surged 15.1% to $21.43 after landing a contract to grow wild strawberries on the ISS using its commercial space greenhouse, adding nearly $600 million in market value amid volatile space stocks; a separate $15.9 million Army drone award also boosted defense exposure, but no value was disclosed for the greenhouse deal.
Social Security Payments Face $500 Monthly Cut by 2032, All States Affected

Social Security Payments Face $500 Monthly Cut by 2032, All States Affected

5 June 2026
A new watchdog report warns Social Security retirement benefits could be slashed by 24%—about $500 a month on average—if Congress fails to act before the trust fund runs dry in late 2032, with the next annual trustees report due in weeks set to reset the solvency clock for tens of millions of Americans.
Intel Lands AI Deal But Investors Stay Bearish

Intel Lands AI Deal But Investors Stay Bearish

5 June 2026
Intel shares fell 0.8% premarket to $111.78 after a new AI partnership with Foxconn failed to offset sector pressure triggered by Broadcom’s disappointing outlook, as investors demanded proof of AI-driven growth; Nasdaq futures dropped 1.2% and S&P 500 futures lost 0.6% amid a second day of AI-led selloff ahead of U.S. jobs data.
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