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S&P 500 gains as SpaceX IPO opens higher: Live updates CNBCMidday Need to Know: SpaceX makes historic debut, Copper rallies & more (SPY:NYSEARCA) Seeking AlphaView / AI revives the conglomerate SemaforStock Market Today: Dow up 525 points with Strait of Hormuz and SpaceX debut in focus, S&P 500 and Nasdaq climb; oil prices fall on conflicting reports on U.S.-Iran progress MarketWatch
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The initial public offering from the rocket and AI company raised some $75 billion, making the company one of the biggest in the world — and likely making Elon Musk a trillionaire.
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Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach.
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