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SpaceX IPO Hits $75B Record Amid Market Skepticism

SpaceX's blockbuster $75B IPO bolsters Elon Musk’s space company; concerns about valuation and high investor enthusiasm ripple through markets.

News

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SpaceX's IPO raised $75 billion on debut, setting a record for space firms but sparking debate over its lofty valuation amid investor concerns. The event highlights strong investor appetite for space tech.

Lead Story
politics
Rheinmetall CEO Sees Risk of France Exiting Tank Project: WamS
Source: BloombergJune 13, 2026

Excerpt from Bloomberg: Rheinmetall AG Chief Executive Officer Armin Papperger sees a risk of France exiting a joint tank project with Germany, following this week’s collapse of a fighter jet program between the two countries, according to an interview with Welt am Sonntag.

Kroger draws serious scrutiny over digital price tags
Source: TheStreetJune 13, 2026business

Excerpt from TheStreet: Take a close look at the price tags on the shelves the next time you walk into a Kroger, because something has changed. Kroger confirmed that nearly one in four of its stores nationwide now use electronic shelf labels, the Cincinnati Enquirer reported. The technology allows the…

Top Motorcycle Exporter China Urges Industry to Curb Price Wars
Source: BloombergJune 13, 2026finance

Excerpt from Bloomberg: China’s motorcycle industry trade body urged companies across the sector to curb price wars and focus on higher-quality growth, warning that imitation and a flood of similar products are squeezing profits and hurting the reputation of Chinese manufacturing.

Morgan Stanley CEO floats bold $10T wealth opportunity
Source: TheStreetJune 13, 2026business

Excerpt from TheStreet: When a business unit already oversees more than $7 trillion in client assets, most CEOs would focus on defending that position. Not Ted Pick. The Morgan Stanley CEO has raised the bar for the firm's wealth management business, arguing it can grow to $10 trillion in assets on its…

Poland to End Fuel Subsidies as US-Iran Peace Talks Heat Up
Source: BloombergJune 13, 2026politics

Excerpt from Bloomberg: Poland is preparing to restore regular tax rates on fuels as peace talks between the US and Iran progress, Prime Minister Donald Tusk said at a press conference on Saturday.

Kalshi imposes stark new rule for certain traders
Source: TheStreetJune 13, 2026business

Excerpt from TheStreet: Kalshi recently confirmed that it will require users to disclose their employers before trading in contracts flagged as high-risk. The new requirement is part of a broader set of market integrity updates the company announced on June 9, including a risk-scoring framework and…

Former ECB Rate-Setter Muller Reports for Duty as Volunteer Cop
Source: BloombergJune 13, 2026finance

Excerpt from Bloomberg: Just days after finishing a seven-year stint at the helm of Estonia’s central bank, Madis Muller is preparing for a very different role: volunteering in the police’s criminal-investigations unit.

Prices Likely to Stay Higher Even If Conflict Ends, ECB’s Nagel Says
Source: BloombergJune 13, 2026finance

Excerpt from Bloomberg: Prices are likely to stay elevated for longer even if the war in Iran were to end soon, Bundesbank President Joachim Nagel said in an interview with Deutschlandfunk.

Bank of America warns stock market may face a 1994-style shock
Source: TheStreetJune 13, 2026business

Excerpt from TheStreet: Wall Street was betting big on Fed relief, but Bank of America sees a quiet risk brewing.  The bank sees an unsettling 1994-style market setup, where inflationary pressures, higher yields, and tighter Fed policy could hit stocks instead. The warning lands as headline CPI is…

<strong>Anjney Midha's Plan to Radically Lower the Price of Compute</strong>
Source: BloombergJune 13, 2026finance

Excerpt from Bloomberg: A conversation with the founder of AMP PBC about turning GPUs into a utility.

Odd Lots: Midha’s Plan to Lower the Price of Compute (Podcast)
Source: BloombergJune 13, 2026finance
Five Dead in Indian Air Force Plane Landing Accident
Source: BloombergJune 13, 2026politics

Excerpt from Bloomberg: An Indian Air Force An-32 aircraft was involved in an accident while landing at Jorhat in Assam on Saturday, killing five personnel.

The Pope Appears to Spain’s Pedro Sánchez in His Moment of Need
Source: BloombergJune 13, 2026politics

Excerpt from Bloomberg: Pedro Sánchez is having a come-to-Jesus moment.

Switzerland Asks If 10 Million People Is Where to Draw the Line
Source: BloombergJune 13, 2026finance

Excerpt from Bloomberg: A Swiss plebiscite this weekend on whether to impose a population ceiling is offering voters a choice that threatens to become their most consequential yet of the current century.

Switzerland Asks If 10 Million People Is Where to Draw the Line
Source: BloombergJune 13, 2026politics

Excerpt from Bloomberg: A Swiss plebiscite this weekend on whether to impose a population ceiling is offering voters a choice that threatens to become their most consequential yet of the current century.

US Strikes Iranian Drones While Talks Continue for Interim Deal
Source: BloombergJune 13, 2026finance

Excerpt from Bloomberg: The US shot down Iranian drones near the Strait of Hormuz as talks continued for an interim peace deal to reopen the strategic waterway, adding to uncertainty over when an agreement can be reached.

US Strikes Iranian Drones While Talks Continue for Interim Deal
Source: BloombergJune 13, 2026politics

Excerpt from Bloomberg: The US shot down Iranian drones near the Strait of Hormuz as talks continued for an interim peace deal to reopen the strategic waterway, adding to uncertainty over when an agreement can be reached.

Mark Cuban exposes hidden AI opportunity for workers
Source: TheStreetJune 13, 2026business

Excerpt from TheStreet: The U.S. job market is giving workers plenty of reasons to feel both optimistic and uneasy. Employers added 172,000 jobs in May, easily beating economists' forecasts of between 80,000 and 88,000 new positions, the Bureau of Labor Statistics reported. But artificial intelligence…

Burnham Plans Swift Power Grab as Starmer’s Premiership Teeters
Source: BloombergJune 13, 2026politics

Excerpt from Bloomberg: Another disastrous week for Keir Starmer has left Andy Burnham a step closer to replacing him as prime minister this summer.

OpenAI Probed by Coalition of State Attorneys General
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: OpenAI is under investigation by a coalition of state attorneys general who requested information from the artificial intelligence company on a wide range of topics.

Wall Street Week | SpaceX Goes Public, Google’s AI Bet, World Cup Price Backlash
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: This week, the arrival of mega-IPOs is testing capital markets as investor appetite grows larger than supply. The federal government is making a direct investment in private technology companies, betting on quantum computing. Plus, Google is making its most radical change to…

SpaceX Jumps in First Day Following Record $75B IPO | The Close 6/12/2026
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are The IPO Initiative Director Jay Ritter, Impulse Space Founder & CEO Tom Mueller, Pitchbook Senior…

Class V Group Founder Analyzes Unique Features of SpaceX's Record $75B IPO
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: Lise Buyer, Founder at Class V Group and one of the architects of Google's IPO, provided insights on SpaceX's recent record-breaking $75 billion IPO. She highlighted the unusual aspects of the offering, including its fixed pricing rather than a price range, and the staggered…

Tom Mueller on SpaceX’s Rise and Space Economy
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: Tom Mueller, Founder and CEO of Impulse Space and first employee at SpaceX, discussed SpaceX’s evolution from a risky startup in 2002 to a $2 trillion public company. He described early skepticism, repeated test failures, and key milestones such as reaching orbit, servicing the…

SpaceX IPO Leaves Billions on the Table Amid High Valuation Concerns
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: Jay Ritter, director of The IPO Initiative and Emeritus Professor at the University of Florida, discussed the unprecedented $75 billion SpaceX IPO, highlighting its fixed $135 offer price set before the roadshow&mdash;a highly unusual approach. This pricing strategy resulted in…

Paramount’s Deal for Warner Bros. Is Cleared by US DOJ
Source: BloombergJune 12, 2026tech

Excerpt from Bloomberg: The US Justice Department has closed an antitrust probe into Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., saying the deal “is not likely” to hurt consumers or competition in the film and television industry.

iptv-org/iptv
Source: GitHubdeveloper

Excerpt from GitHub: Collection of publicly available IPTV channels from all over the world

addyosmani/agent-skills
Source: GitHubdeveloper

Excerpt from GitHub: Production-grade engineering skills for AI coding agents.

chatwoot/chatwoot
Source: GitHubdeveloper

Excerpt from GitHub: Open-source live-chat, email support, omni-channel desk. An alternative to Intercom, Zendesk, Salesforce Service Cloud etc. 🔥💬

obra/superpowers
Source: GitHubdeveloper

Excerpt from GitHub: An agentic skills framework & software development methodology that works.

apple/container
Source: GitHubdeveloper

Excerpt from GitHub: A tool for creating and running Linux containers using lightweight virtual machines on a Mac. It is written in Swift, and optimized for Apple silicon.

music-assistant/server
Source: GitHubdeveloper

Excerpt from GitHub: Music Assistant is a free, opensource Media library manager that connects to your streaming services and a wide range of connected speakers. The server is the beating heart, the core of Music Assistant and must run on an always-on device like a Raspberry Pi, a NAS or an Intel…

kenn-io/agentsview
Source: GitHubdeveloper

Excerpt from GitHub: Local-first session intelligence and analytics for coding agents, supporting Claude Code, Codex, and more than 20 other agents. Also: 100x faster replacement for ccusage!

LMCache/LMCache
Source: GitHubdeveloper

Excerpt from GitHub: LMCache: Supercharge Your LLM with the Fastest KV Cache Layer

microsoft/PowerToys
Source: GitHubdeveloper

Excerpt from GitHub: Microsoft PowerToys is a collection of utilities that supercharge productivity and customization on Windows

andrewyng/aisuite
Source: GitHubdeveloper

Excerpt from GitHub: Simple, unified interface to multiple Generative AI providers

About this digest

Audience: tech investors and industry analysts

Entities
SpaceX
Elon Musk
IPO
Wall Street
SpaceX record IPO
market
rocket
private space company
Hashtags
#spacex
#ipo
#spaceindustry
#elonmusk
#spacetech
#investing
#marketnews
#space
Keywords
spacex
ipo
elonmusk
launch
space economy
market valuation
private space
rocket company
space tech
public offering
space industry
Schema v0.1.0

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