Musk named world’s first trillionaire after SpaceX IPO crosses $2 trillion

Elon Musk is now the world’s first trillionaire. SpaceX started trading on Friday and investors pushed the stock above a $2 trillion valuation. SpaceX, listed as SPCX, opened at $150 a share. It closed at about $161, 19% above its $135 IPO price. That puts SpaceX as the sixth-biggest U.S. company by market cap, according to Reuters.

12 June 2026

137 Ventures’ Stake Nears $20 Billion as SpaceX IPO Arrives

SpaceX made its public debut Friday, turning from one of Silicon Valley's most-watched private names into a $2 trillion-plus public company and handing early investors a big windfall. The stock priced at $135, raising $75 billion, according to the Associated Press. That tops the record set by Saudi Aramco in 2019 for largest IPO. Shares started at $150, climbed to about $168, and closed just above $161. SpaceX's market cap finished at roughly $2.1 trillion.

12 June 2026

Space·Stock Market·Technology

Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

Nu Holdings Ltd. shares changed hands at $12.12 late Friday in New York, up 0.41%. Investors have been watching Nubank, run by Nu Holdings, after a customer-notification incident this week. The stock swung from $12.02 to $12.29 during the day, according to Google Finance. Market cap sits near $58.9 billion. Trailing P/E is 18.68. The P/E ratio is the price divided by EPS for the last year.

12 June 2026

NYSE:NU·Stock Market·Technology

FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

FreeCast, Inc. shot up as much as 147% Friday, with shares last at $1.59. The stock saw heavy action in a range from $0.5452 to $1.93, and close to 148 million shares changed hands. The rally came a day after FreeCast said it can offer DIRECTV services through its direct-to-consumer residential business and its Platform-as-a-Service ecosystem. PaaS is software infrastructure sold to other brands. Benzinga said Friday’s jump was tied to investor reaction to the DIRECTV move.

12 June 2026

NASDAQ:CAST·Stock Market·Technology

Robinhood Hovers Around $92 With SpaceX Trade Buzz in Focus

Robinhood Markets, Inc. was little changed at $92.31 Friday afternoon. Shares moved between $96.09 and $90.27 earlier in the session. The company showed a market cap of about $84.6 billion. The price-to-earnings ratio was around 44.9, keeping the shares at a valuation that suggests investors are still betting on growth, not a turnaround.

12 June 2026

NASDAQ:HOOD·Stock Market·Technology

Aurora Picks Up Bullish Rating; Traders Focus on Monday Open

Aurora Innovation Shares Tick Up; Uber Stake Overhang, Driverless Truck Launch Eyed

Aurora Innovation, Inc. shares edged up Friday. The Nasdaq-listed stock was at $6.04 at 1:02 p.m. Eastern, up 1.09%. AUR moved between $5.82 and $6.08 through a bumpy session. Volume topped 23 million shares. Market cap hovered near $11.76 billion.

12 June 2026

Autonomous Vehicles·NASDAQ:AUR·NASDAQ:UBER·Stock Market·Technology

POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Jumps as Legal Deadline Nears and AI Photonics Bet Faces Key Test

POET Technologies Inc. stock climbed sharply Friday, trading at $12.735, up $1.485, or about 13.2%, from the prior close, with volume above 17 million shares and an intraday range of $11.00 to $12.79. The move matters because POET has become a highly volatile Nasdaq-listed AI photonics name: buyers are betting that its optical-engine technology can move from development-stage promise to commercial scale, while sellers remain focused on lawsuits, order risk and dilution.

12 June 2026

Artificial Intelligence·NASDAQ:MRVL·NASDAQ:POET·Stock Market·Technology

Tesla Shares Bounce After Belgium FSD Approval Puts Eyes Back on Europe Autonomy

Tesla Shares Slip as SpaceX’s $75 Billion IPO Shakes Up Musk Plays

Tesla shareholders woke up Friday tracking two Musk stocks: TSLA—already seeing swings after several days of pressure—and SpaceX, now heading for a Nasdaq open as “SPCX”. SpaceX is expected to draw retail buyers as it launches what will be the biggest IPO on record. Tesla last traded at $396.24, off 0.7%. Some earlier reports tied the drop to investors needing cash for the SpaceX IPO.

12 June 2026

Elon Musk·NASDAQ:SPCX·NASDAQ:TSLA·Stock Market·Technology

Momentus Stock Slides as $25 Million Share Sale Tests Space Rally

Momentus Inc. shares came under pressure Friday after the San Jose-based space infrastructure company announced a new $25 million registered direct offering, a sale of newly issued shares directly to selected investors under an effective registration statement. The company said it agreed to sell 1,851,852 shares of common stock to new and existing long-term institutional investors, with closing expected on or about June 15, subject to customary conditions. Momentus said the net proceeds are intended for working capital and general corporate purposes.

12 June 2026

NASDAQ:MNTS·Space Industry·Stock Market·Technology

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Technology shares are back within reach of the $1,000 mark after a sharp rebound in chip stocks, with MU closing Thursday at $995.87, up 11.66%, and indicated slightly lower in early Friday premarket trading. The move matters because Micron has become one of the clearest stock-market proxies for the AI memory boom, with its market value around $1.14 trillion and investors now debating whether the rally still has room to run.

12 June 2026

Artificial Intelligence·NASDAQ:MU·Semiconductors·Stock Market·Technology

Marvell shares climb 11% with S&P 500 move, CFO swap and AI helping MRVL grab attention

Marvell gives up ground premarket after 11% jump, S&P 500 inclusion and CFO move keep AI narrative in play

Marvell Technology stock slipped early Friday, changing hands at $275.86 in premarket, off 1.73%. The shares had jumped 11.13% to $280.71 Thursday. After that surge, some investors questioned if the AI chipmaker can keep the pace or if the rally has gone too far. Marvell was trading at about a 96 P/E, according to Google Finance’s latest figures after Thursday’s move.

12 June 2026

Artificial Intelligence·NASDAQ:MRVL·Stock Market·Technology

AST SpaceMobile Stock Jumps Before June 17 BlueBird Launch as SpaceX IPO Tests Space Trade

AST SpaceMobile stock is back in focus after a sharp rebound ahead of Friday’s expected SpaceX market debut and the company’s next satellite launch. ASTS closed Thursday at $97.56, up 11.73%, according to market data, reversing part of a volatile stretch that included a 3.6% drop on Tuesday after an early rally faded. The move matters because investors are treating AST not just as a telecom stock, but as a direct-to-device satellite broadband play, a business model in which satellites connect directly to ordinary smartphones without a special handset or satellite terminal.

12 June 2026

IPO News·NASDAQ:ASTS·Space Industry·Technology

Nvidia Gains as China Move and Chip Demand Put NVDA in Spotlight

Nvidia shares rebounded after a choppy week for chip names, ending Thursday’s session at $204.87, up 2.22%. In early premarket trading Friday, the stock ticked up near $205.45. Nvidia’s market cap stayed close to $5 trillion — Google Finance put it at roughly $4.96 trillion, with the 52-week range marked from $140.86 to $236.54.

12 June 2026

NASDAQ:NVDA·NVIDIA·Semiconductors·Stock Market·Technology

SpaceX lands $75 billion IPO at $135 a share

Space Exploration Technologies Corp. will start trading on Friday after pricing its IPO at $135 a share. The company sold 555,555,555 shares in the offering. Shares are set to begin trading June 12 on the Nasdaq Global Select Market and Nasdaq Texas under the ticker “SPCX.” The deal should close June 15, pending usual conditions. Underwriters have a 30-day option to pick up as many as 83,333,333 more Class A shares.

12 June 2026

NASDAQ:SPCX·Space Industry·Stock Market·Technology

Intel Shares Face Early Test After Google-Driven Spike

Intel Shares Surge 9% After BofA Double Upgrade on AI Chip Momentum

Intel Corporation shares jumped Thursday, as analysts showed more confidence in the chipmaker’s AI and foundry plans. INTC had one of its best days with the semiconductor sector rallying. The stock, which trades on the Nasdaq, ended at $116.96, gaining $9.92, or 9.27%, after swinging from $110.51 to $119.44 during the day. In premarket hours early Friday, shares slipped to $116.60.

12 June 2026

NASDAQ:INTC·Stock Market·Technology

UiPath Lags Nasdaq as PATH Drops, Analyst Concerns on AI Automation Remain

UiPath, Inc. was down again Thursday as PATH stock fell while big tech names moved higher. The latest quote put UiPath at $10.65, down $0.09. Trading volume was more than 45 million shares. Market cap was about $5.62 billion.

12 June 2026

NASDAQ:PATH·Stock Market·Technology

Marvell shares climb 11% with S&P 500 move, CFO swap and AI helping MRVL grab attention

Marvell Technology, Inc. jumped 11.13% to close at $280.71 on Thursday, the stock's biggest gain as chips rebounded from earlier selling in tech names. Shares opened at $260.54 and hit an intraday high of $282.32 with volume at about 56.68 million shares. After the bell, MRVL slipped back to $276.51.

12 June 2026

Artificial Intelligence·NASDAQ:MRVL·Stock Market·Technology

Micron Shares Pop 12% With AI Memory Trade Back in Focus Before Earnings

Micron Technology Inc. finished Thursday up 11.66% at $995.87 on Nasdaq, bouncing back sharply after hitting an intraday high of $996.55. The memory-chip maker closed with a market cap of about $1.14 trillion as the AI hardware rally rolled on this year.

12 June 2026

Artificial Intelligence·Earnings Reports·NASDAQ:MU·Stock Market·Technology

AMD Shares Move Higher After BofA Lifts AI CPU Forecast

AMD shares rallied Thursday, ending the day at about $488.40, up $36.00, or nearly 8%, from a $452.40 close on Wednesday. Shares reversed their losses from earlier in the week and traded near session highs for much of Thursday.

11 June 2026

Artificial Intelligence·NASDAQ:AMD·Stock Market·Technology

Nvidia, Broadcom, Applied Materials, Intel, Oracle lead AI infrastructure stocks

AI infrastructure spending sets new theme for growth buy lists Growth investors are shifting to names that stand to profit as AI moves from buzz to hardware. Reuters, citing data published Wednesday, reports the AI rally has sent equities to highs, and Morgan Stanley now sees $3 trillion in big tech spending on global data centers from 2025 to 2028, with $800 billion for hyperscaler capex just in 2026. Latest large-cap names in focus: Nvidia, Broadcom, Applied Materials, Intel, Oracle.

11 June 2026

Artificial Intelligence·NASDAQ:AMAT·NASDAQ:AVGO·NASDAQ:INTC·NASDAQ:NVDA·NYSE:ORCL·Stock Market·Technology