SpaceX Shares Fall Below $140, Hitting New Post-IPO Low
SpaceX shares fell below $140 for the first time since the company’s IPO, reaching a new post-listing low after giving up most of their early trading gains.
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Catch up quickly with the day’s most important and insightful stories. Our Stories of the Day category curates the standout articles across markets, economy, business, personal finance and innovation. Each post brings together multiple key developments, breaking news or deep-dive features chosen for their impact and relevance. It’s a fast, reliable way to understand what really matters today without scrolling through dozens of feeds. Whether you want a quick overview or a richer perspective, this section delivers the essential stories with context and clarity.
Getting Hired at Bending Spoons Is Harder Than Becoming a NASA Astronaut
Bending Spoons received about 800,000 job applications in 2025 but hired only 286 people, giving the Italian technology company an acceptance rate of roughly 0.04%.
Trump’s Financial Disclosure Reveals Massive Crypto Windfall and Thousands of Stock Trades
Donald Trump’s latest financial disclosure shows more than $2 billion in reported income for 2025, including roughly $1.4 billion from crypto ventures and thousands of stock trades involving major technology companies.
SpaceX Joins Nasdaq-100 as Billions in Passive Fund Buying Begin
By
Michael Foster
• 3 mins read
SpaceX officially joins the Nasdaq-100 today, a move expected to trigger billions of dollars in passive buying from ETFs and index funds tracking the benchmark.
Central Banks Double Gold Purchases as Poland and China Lead Buying
By
Michael Foster
• 2 mins read
Central banks more than doubled their net gold purchases in May, led by Poland and China, as official institutions continued to increase their exposure to the precious metal.
Meta Rallies on Report of New AI Cloud Computing Business
By
Emma Clarke
• 2 mins read
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
X Expands X Money to Premium Users With Banking Features and FDIC Coverage
By
Emma Clarke
• 1 min read
X has expanded access to X Money for select Premium subscribers in the United States, introducing digital payments and FDIC insurance coverage of up to $10 million.
Apple Raises Prices Across Macs, iPads and Home Devices Amid Memory Shortage
By
Sophia Reynolds
• 2 mins read
Apple increased prices across several Mac, iPad, Vision Pro, and home device products, citing unprecedented cost inflation driven by a global memory shortage.
Cboe Launches Prediction Market Platform Cboe Predicts
By
Michael Foster
• 2 mins read
Cboe has launched Cboe Predicts, a new prediction market platform that allows traders to take directional positions on future market outcomes through regulated exchange-traded products.
Kevin Warsh’s First Fed Meeting Triggers Worst Market Reaction Since 1994
By
Michael Foster
• 2 mins read
The S&P 500 fell 1.2% following Kevin Warsh’s first Federal Reserve meeting as chairman, marking the worst market reaction to a new Fed chief’s debut meeting in 32 years.
SpaceX Surpasses $2.5 Trillion Valuation as Shares Top $200
By
Michael Foster
• 2 mins read
SpaceX shares climbed above $200 for the first time, pushing the company’s valuation to approximately $2.5 trillion and making it one of the largest public companies in the world.
Elon Musk Becomes the World’s First Trillionaire Following SpaceX IPO
By
Oleg Petrenko
• 2 mins read
Elon Musk became the first person in history to reach a net worth of $1 trillion after SpaceX’s public debut, further extending his lead as the world’s richest individual.
U.S. Markets Erase $1.8 Trillion in Two Hours as Broad Selloff Hits Stocks, Metals, and Crypto
By
Michael Foster
• 2 mins read
U.S. markets lost roughly $1.8 trillion in value within two hours as stocks, precious metals, and cryptocurrencies sold off sharply following shifting expectations surrounding a potential U.S.-Iran agreement.
Goldman Sachs Forecasts 100-Fold Increase in SpaceX AI Revenue by 2030
By
Michael Foster
• 2 mins read
Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial intelligence infrastructure.
Jensen Huang Calls Marvell the Next Trillion-Dollar Company
By
Michael Foster
• 2 mins read
Marvell shares surged after Nvidia CEO Jensen Huang described the company as the next potential trillion-dollar business, highlighting its growing role in AI infrastructure and networking.