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On Friday, SpaceX clinched the biggest IPO in the history of the U.S. equity market, raising more than $85 billion. On Tuesday, it followed that up with the biggest debut in the history of the U.S. options market.
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Nasdaq and S&P 500 slip while Dow hits record close ReutersDow climbs above 52,000 for first time as oil prices fall, but tech sell-off knocks down S&P 500: Live updates CNBCMarkets News, June 16, 2026: Dow Hits Record as Chip Stocks Lead Tech Lower; SpaceX Stock Soars on Cursor Deal InvestopediaDow Hits High, Techs Fall, SpaceX Cut Gain; Warsh's Fed Debut Due Investor's Business Daily
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Also in today's newsletter: Bank of Japan raises rates to 1%, and India temporarily blocks Telegram
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Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
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Private equity and credit investment firm Stone Point Capital has raised $610.5m in the first close of its Stone Point Insurance Solutions Fund strategy. According to Artemis, whilst details are still currently light on the ground, market sources informed the publication that Stone Point was working on a new fund strategy to invest into reinsurance […]
The post Stone Point Capital secures $610.5m in Insurance Solutions Fund first close appeared first on AltAssets Private Equity News.
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In its first few days of trading, Elon Musk's newly listed rocket maker has become one of the world's most valuable companies.
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