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NYSE:ARMK 17 November 2025

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  • U.S. Stock Futures Steady Ahead of SpaceX's Record $75 Billion IPO
    June 11, 2026, 6:46 PM EDT. U.S. stock futures remained nearly flat on Thursday as investors prepared for SpaceX's historic initial public offering (IPO) on Friday. The rocket maker, led by Elon Musk, plans to price shares at $135 each, valuing the company at $1.77 trillion and raising approximately $75 billion-the largest IPO ever, surpassing Alibaba's 2014 record. While markets rallied Thursday on easing geopolitical tensions and a potential U.S.-Iran peace deal, concerns emerged that the massive new equity supply from SpaceX could pressure stocks. Wells Fargo strategist Douglas Beath noted high household equity exposure may lead investors to sell existing holdings to fund new SpaceX shares, possibly increasing market volatility amid ongoing geopolitical and political uncertainties.

Latest articles

AST SpaceMobile Jumps After BlueBird Launch Date News

AST SpaceMobile Jumps After BlueBird Launch Date News

12 June 2026
AST SpaceMobile shares soared 11.73% to $97.56 after confirming BlueBird satellites 8, 9, and 10 will launch June 17 on a Falcon 9, aiming to nearly double peak data speeds for its direct-to-smartphone broadband network; shares reached $101.00 after hours as investors focused on this key deployment milestone following recent volatility.
Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

12 June 2026
Sandisk soared 14.5% to $1,881.51 after hitting a 52-week high amid a semiconductor rally, fueled by a 251% year-over-year revenue jump and bullish guidance for Q4 revenue of $7.75–$8.25 billion; Bank of America raised its price target to $2,100, citing strong memory pricing and supply contracts, as Sandisk joins the Nasdaq-100 and investors eye data-center demand and new business agreements.
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