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Elon Musk Becomes the World’s First Trillionaire as SpaceX IPO Prices at $135, Valuing the Company at $1.77T
No individual has ever been worth $1 trillion. Until today. SpaceX (SPCX) priced its IPO at $135 per share on June 11, 2026, for a valuation of approximately $1.77 trillion, making it the largest initial public offering in financial history and pushing Elon Musk’s paper net worth past the trillion-dollar threshold for the first time….
US Strikes Three Tankers in Gulf of Oman, Kills 3 Indian Sailors, June 12
US military strikes three tankers in Gulf of Oman, killing three Indian sailors. India protests and summons US diplomat. Blockade on Iran continues.
Oracle (NYSE: ORCL) Faces “1999-Style” Warning as Larry Ellison Loses $50 Billion in Market Value Wealth
Oracle’s record-earnings week turned into a wealth-destruction event. On June 11, 2026, a prominent CNBC analyst issued a stark “1999-style” warning on Oracle (NYSE: ORCL) comparing the company’s AI spending trajectory to the dot-com bubble at its peak. Oracle’s co-founder Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026,…
KOSPI Index (KRX: KOSPI) Surges 7.78% as Geopolitical Risks Ease and Tech Stocks Rally
South Korea’s stock market delivered a strong comeback on June 12, 2026, as the KOSPI Index surged 7.78% in a single session. The rally came after easing geopolitical tensions boosted investor confidence and sparked buying across major technology stocks. Semiconductor giants Samsung Electronics and SK Hynix led the gains, reflecting renewed optimism around global AI…
Social Security Chief Faces Congress on Solvency Crisis, June 12
Social Security Commissioner Bisignano testified to Congress on customer service gains but avoided addressing the program’s insolvency crisis set…
Nikkei 225 Index Gains 3.58% Amid Pressure on SoftBank, Murata & AI-Linked Chip Stocks
The Nikkei 225 index delivered a strong session with a 3.58% gain, showing broad market strength in Japan. However, the rally was not evenly distributed. While the index surged, major names like SoftBank, Murata Manufacturing, and several AI-linked semiconductor stocks came under pressure. This mixed action tells an important story. The market is not moving…
Germany Replaces Bürgergeld With Grundsicherung on July 1, 2026
Germany’s Grundsicherung replaces Bürgergeld July 1, 2026, with stricter inheritance rules, lower asset limits, and tougher work requirements.
TRON USD Falls 2.43% Daily: TRXUSD at $0.3100
TRXUSD drops 2.43% to $0.31. Technical analysis shows oversold RSI at 31.34 and strong downtrend with ADX at 46.38.
Why did Samsung Electronics Shares Jump 11.54%? KRX: 005930 Hits 333,500 KRW Amid Google Next Gen AI Chip Talks
Samsung Electronics witnessed a strong rally after its shares climbed 11.54% to 333,500 KRW on the Korea Exchange. The surge came after reports suggested that Google is in discussions with Samsung to manufacture part of its next-generation AI chips, raising expectations that Samsung could secure another major customer for its advanced foundry business. The development…