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SpaceX IPO Prices at $135, Raising Record $75 Billion on June 12
SpaceX IPO prices at $135/share, raising $75 billion at $1.78 trillion valuation. Nasdaq debut June 12 marks largest IPO ever.
Rapidus Signs UK and Italy Chip Research Deals, June 12
Rapidus signs research agreements with UK and Italian institutes, backed by ¥2.4 trillion aid. Targets 2-nanometer chip production by fiscal 2027.
TSM Stock Jumps 3.26% as Banks Tighten Exposure Rules on Taiwan Semiconductor Amid Swap Restrictions
Taiwan Semiconductor Manufacturing Co. (TSMC) drew fresh investor attention after its U.S.-listed shares climbed 3.26% following reports that banks were tightening exposure limits tied to equity swap transactions. The development comes at a time when demand for advanced AI chips remains strong, and semiconductor stocks continue to play a major role in global markets. As…
Ethereum (ETH) Price Slips to $1,663.91 as Japan Moves to Slash Crypto Taxes from 55% to 20% in Landmark Bill
We are seeing a mixed moment in the crypto market. has slipped to around $1,663.91, showing short-term weakness in an already volatile market. At the same time, a major regulatory shift is emerging from Japan that could change long-term investor sentiment. Japan is moving ahead with a landmark crypto tax reform. The country is planning…
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.
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…