SpaceX's market valuation surged past Amazon's and briefly topped Microsoft's on Tuesday, reaching approximately $2.655 trillion. This rapid ascent, driven by trading in its new option contracts, has led some to compare its trading behavior to "meme stocks."
SpaceX's valuation surged to $2.9 trillion post-IPO, briefly surpassing Amazon and nearing Microsoft. Despite a recent $4.9 billion loss, the company's acquisition of AI firm Cursor and new compute leasing deals fueled investor confidence, though its stock experienced significant volatility.
Stocks were mixed Tuesday as the S&P 500 dipped, with tech notably lagging. SpaceX's market cap surged past Amazon and briefly Microsoft. Eli Lilly acquired 4E Therapeutics to bolster its pain treatment pipeline. Broadcom saw insider buying amid a post-earnings sell-off.
Coinbase is now allowing US users to transfer existing stock and ETF portfolios onto its platform, aiming to become a full-service financial platform and compete with traditional brokerages. The move includes zero-commission trading and builds on earlier stock trading services.
SpaceX's post-IPO trading, under ticker SPCX, resembles a crypto asset due to its extremely small public float. The stock's rally is fueled by limited supply and high demand, amplified by leveraged crypto derivatives and a new AI acquisition, but faces skepticism over its $3 trillion valuation.
SpaceX options trading volume is surging, with over a million contracts traded, surpassing major ETFs. Investors are placing "cheap bets" on massive stock price increases, with calls significantly outpacing puts, indicating strong bullish sentiment.
Sports prediction markets are experiencing a surge in activity, with Kalshi setting a new daily trading record of $1.2 billion. Numerous companies, including Novig and ProphetX, are seeking CFTC approval to enter the space, which is already dominated by Kalshi and includes players like Polymarket, Robinhood, and major sportsbooks.
SpaceX shares surged 14.3% to $220 on Tuesday, pushing its market cap to $2.85 trillion, briefly surpassing Microsoft. Options trading began with high demand, but analysts warn of volatility due to the lofty valuation and small public float.
SpaceX options debuted with massive trading volume, becoming the third-most traded single stock options within 30 minutes. Experts predict potential to surpass Tesla and Nvidia, though caution is advised on initial pricing.
SpaceX's valuation soared past $2.7 trillion, making it the fifth-most valuable company globally, surpassing Amazon. This surge follows a 20% stock price increase on Monday and further gains Tuesday, driven by its acquisition of AI coding startup Cursor for $60 billion.
The European Parliament approved cutting import duties on US industrial goods, fulfilling a trade deal and averting new tariffs threatened by Donald Trump. The EU aims to meet a July 4 deadline.
The HYPE token reached a new all-time high of $76.50, driven by trading activity around the SpaceX IPO on Hyperliquid. Meanwhile, overall crypto exchange volumes hit a two-year low, with a shift towards decentralized exchanges and real-world asset perpetuals.
La période transitoire du règlement MiCA se termine le 1er juillet 2026, forçant près de 75% des 3000 firmes crypto européennes à fermer. Seules 14 plateformes de trading sur 183 licences complètes opèrent, concentrées en Allemagne et aux Pays-Bas. Les coûts élevés de licence favorisent les géants comme Binance et Kraken.
Elon Musk's fortune increased by $164.8 billion in one trading session, surpassing Bernard Arnault's total wealth. This surge is largely due to SpaceX's record-breaking IPO, valuing the company at over $2.1 trillion and placing it among the world's largest corporations.
A single trader lost nearly $1 million on Polymarket after Cabo Verde drew with Spain in a surprising World Cup match. The trader bet on a Spanish win, a highly favored outcome according to oddsmakers and a Goldman Sachs model.
Seoul stocks rose Tuesday, with the KOSPI up 1.7% to 8,691.5, boosted by investor optimism following a U.S.-Iran agreement to reopen the Strait of Hormuz. U.S. stocks also rallied overnight on the news, easing oil price and inflation concerns.
키움증권이 글로벌 차트 분석 플랫폼 트레이딩뷰와 거래 연동 서비스를 시작했다. 국내 최초로 트레이딩뷰와 공식 연동하여 주식, 선물, 외환, 가상자산 등 다양한 자산군 분석과 거래를 한 화면에서 할 수 있게 되었다.
SpaceX shares surged 20% on Monday, following a record IPO debut. The company's market cap exceeded $2 trillion, with Elon Musk projecting $1 trillion revenue by 2030. However, analysts are split, with some citing "extremely ambitious growth strategy" and "elevated valuation expectations" as reasons for a sell rating, while others see long-term potential.
SpaceX shares surged 20% on Monday, following a record IPO debut. The company's market cap exceeded $2 trillion, with Elon Musk projecting $1 trillion revenue by 2030. However, analysts are divided, with some citing "extremely ambitious growth strategy" and "elevated valuation expectations" as reasons for concern.
Stocks surged Monday following President Trump's announcement of a deal to end the U.S.-Iran conflict. The S&P 500 rose 1.85%, Nasdaq over 3%, and the Dow hit a new intraday high. SpaceX's IPO also saw significant gains.
Kraken has launched perpetual futures trading for eligible US users through its acquisition, Bitnomial. The offering includes contracts for major cryptocurrencies like Bitcoin and Ether, expanding Kraken's domestic derivatives market presence.
Kraken has launched perpetual futures trading for eligible US users through its acquisition of Bitnomial. The offering includes contracts for major cryptocurrencies like Bitcoin and Ether, expanding Kraken's domestic derivatives market presence.
A potential US-Iran deal is causing oil prices to fall, benefiting airline stocks. The agreement could release Iranian funds, reopen the Strait of Hormuz, and allow free oil sales, easing jet fuel costs. However, the full impact on airline profits will take time to materialize.
Four major European steel and chemical manufacturers, including ArcelorMittal and BASF, have urged an immediate halt to the EU Emissions Trading System (ETS). They argue the climate policy is too costly and uncompetitive compared to global rivals, risking damage to Europe's manufacturing base.
