Market Update: Jun 14 - United States (5 stories)

Here is your Weekly summary for Business & Finance across United States for Mon 8th June - Sun 14th June 2026

SpaceX's highly anticipated IPO debuted with a bang, opening at $150, an 11% increase from its initial price of $135, and closing up 19%, marking a significant milestone in the tech industry. This event not only solidified SpaceX's valuation at a staggering $75 billion but also made headlines by creating the world's first trillionaire.

However, experts like Jay Ritter have raised concerns about the IPO's fixed pricing strategy, suggesting it may have left billions on the table. Meanwhile, Andrew Yang is positioning himself in the startup landscape by advocating for innovations aimed at reducing living costs, signaling a potential shift in entrepreneurial focus.