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Inside SpaceX and Elon Musk’s $75 Billion IPO
SpaceX’s first day on the stock market transformed the startup into one of the world’s most-valuable public companies, handed buyers of the IPO a 19% …
CFTC Considers Blocking CME’s 24/7 Oil Contract Bid
The US Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the …
NYC Comptroller Raises Concerns Over SpaceX Index Inclusion and Governance Structure
New York City Comptroller Mark Levine discussed the fast-tracking of SpaceX's inclusion into major indexes such as MSCI Global Standard and FTSE Russell, highlighting concerns …
Riding Global Tailwinds: Masters in Business with Jean Eric Salata
Barry speaks with Jean Eric Salata, chair of EQT group. They discuss his time working in Asian private equity investment along with what he sees …
Look Ahead: Retail Sales, FMOC, NBA Finals
Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money." (Source: Bloomberg)
Matt Holt Said to Near $12 Billion Deal for Ensemble Health
Private-equity executive Matt Holt’s investment firm Thoreau Group is in advanced talks to acquire Ensemble Health Partners in a deal valuing the company at about …
Bloomberg Money 6/12/2026
Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Chanos & Company President & Founder Jim Chanos …
Rival Space Stocks Tumble as Investors Race Toward Musk’s IPO
SpaceX’s long-awaited initial public offering triggered a selloff across rocket, satellite and space-linked companies Friday.
Ken Leech Pleads Guilty to Obstructing SEC Probe Into Trades
Ken Leech, the former co-chief investment officer at Western Asset Management Co., pleaded guilty to lying to regulators during an investigation into his trading as …
From London to Sydney, Traders Ready to Watch SpaceX’s Debut
Investors and retail traders from across the US and around the world were glued to their screens on Friday as Elon Musk’s SpaceX started trading …
Credit Traders Unwind a $20 Billion Wartime Short in Europe
Credit investors have given up their wartime hedges on European companies.
Korea Pension Fund’s Pivot Amplified Stock Swings, Barclays Says
A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea’s stock market and added pressure on the …
Sleep Number Files for Bankruptcy Sale to Sleep Country Canada
Mattress maker Sleep Number Corp. has agreed to merge with Sleep Country Canada through a court-supervised process after years of weak demand and mounting financial …
SpaceX Jumps in First Trades Following Record $75 Billion IPO
Shares of SpaceX jumped in their first day of trading on Friday after Elon Musk’s company made history with a $75 billion IPO that instantly …
ECB Ready to Hike Again in July If Necessary, Nagel Says
The European Central Bank is prepared to raise interest rates for a second straight meeting next month if the shock from the war in the …
Czech Central Bank Chief Says June Hike a ‘Real Possibility’
Czech central bank Governor Ales Michl said he sees a stronger argument to raise interest rates in June to contain inflationary pressures.
Corporate Profits Hit Record High Versus India’s Economy Even as Stocks Struggle
Companies are upbeat about demand and capital spending, ICICI Securities says.
Copper Rallies From Three-Week Low as Trump Flags Iran Deal
Copper rebounded from its lowest close since mid-May after President Donald Trump claimed the US was on the cusp of ending the war with Iran …
Trump Insists Iran Deal Is Close After Scrapping Strikes
President Donald Trump pulled back threatened military strikes against Iran, a reversal that came after he vowed to hit the Islamic Republic “VERY HARD” and …
Lloyds Taps Japan’s Booming Samurai Market With ¥75 Billion Sale
Lloyds Banking Group Plc became the latest borrower to sell bonds in the booming Samurai market, where issuance has reached the highest level since fiscal …
Oil and Gas Decline on Optimism US and Iran Are Close to …
Oil and gas prices tumbled on hopes that the US and Iran are nearing an interim peace deal to end a war that has roiled …
Stocks Buoyed by US-Iran Hopes as SpaceX Surges: Markets Wrap
Wall Street traders drove stocks higher as oil fell after Iran signaled a deal with the US is approaching, fueling hopes for an end to …
Ecuador to Cut Beer Prices 20% in World Cup Show of ‘Support’
Ecuador is cutting beer prices by more than 20% through a temporary tax cut to rally “extra support” for the national football team during the …
Bank Stocks Hit Record Highs on US-Iran Deal Hopes, IPO Optimism
Shares of US lenders reached their highest levels ever on Thursday, as investors turned optimistic about a potential deal to stop the fighting in Iran …
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