Dow, S&P 500 Futures Tick Up; Oil Slides, SpaceX IPO in Focus
SpaceX’s $75 billion IPO at $135 a share secured a $1.77 trillion valuation, making it the world’s biggest IPO, but analysts are split on whether to chase the debut as Morningstar values SpaceX at about $780 billion, less than half its IPO valuation, citing uncertainty around its AI and social-media prospects. (Reuters)