{"id":62729,"date":"2026-06-04T18:38:29","date_gmt":"2026-06-04T22:38:29","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/"},"modified":"2026-06-04T18:38:29","modified_gmt":"2026-06-04T22:38:29","slug":"spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/","title":{"rendered":"SpaceX Sets Record $135 IPO Price as Nvidia Faces Senate Scrutiny and S&#038;P DJI Maintains Index Rules"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/#SpaceX_Defies_Wall_Street_Norms_with_135_Fixed_IPO_Price\" >SpaceX Defies Wall Street Norms with $135 Fixed IPO Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/#Nvidia_CEO_Jensen_Huang_Called_to_Testify_on_China_Sales\" >Nvidia CEO Jensen Huang Called to Testify on China Sales<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/#S_P_DJI_Maintains_Status_Quo_on_Index_Eligibility\" >S&amp;P DJI Maintains Status Quo on Index Eligibility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/#Google_and_Utah_Launch_Statewide_AI_Education_Initiative\" >Google and Utah Launch Statewide AI Education Initiative<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-sets-record-135-ipo-price-as-nvidia-faces-senate-scrutiny-and-sp-dji-maintains-index-rules\/62729\/#PAHO_Ramps_Up_Regional_Ebola_Preparedness\" >PAHO Ramps Up Regional Ebola Preparedness<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>) has fixed its IPO price at $135 per share<\/strong>, targeting a world-record <strong>$75 billion raise<\/strong> and a <strong>$1.75 trillion valuation<\/strong>.<\/li>\n<li><strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) CEO Jensen Huang<\/strong> has been invited to testify before the <strong>Senate Banking Committee on June 11<\/strong> regarding China chip sales and export control compliance.<\/li>\n<li><strong>S&amp;P <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Indices (<a href=\"\/stock\/SPGI\">SPGI<\/a>)<\/strong> confirmed it will <strong>not change eligibility criteria<\/strong> for the <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a>, maintaining strict profitability and seasoning requirements for megacap IPOs.<\/li>\n<li><strong>Alphabet (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>)<\/strong> unit Google has partnered with <strong>Utah<\/strong> to deploy <strong>Gemini for Education<\/strong> across all K-12 schools for the <strong>2026-27 academic year<\/strong>.<\/li>\n<li>The <strong>Pan American Health Organization (PAHO)<\/strong> activated its <strong>Incident Management System<\/strong> to coordinate regional <strong>Ebola preparedness<\/strong> following a global health emergency declaration.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"SpaceX_Defies_Wall_Street_Norms_with_135_Fixed_IPO_Price\"><\/span>SpaceX Defies Wall Street Norms with $135 Fixed IPO Price<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>) has officially set its initial public offering price at a <strong>non-negotiable $135 per share<\/strong>, bypassing the traditional institutional book-building process. The company plans to sell approximately <strong>555.6 million shares<\/strong>, aiming to raise <strong>$74.4 billion<\/strong> in what would be the largest IPO in history, dwarfing Saudi Aramco\u2019s 2019 record.<\/p>\n<p>The fixed pricing strategy reflects <em>unprecedented demand<\/em> for the aerospace and AI infrastructure giant, which is now valued at <strong>$1.75 trillion<\/strong>. Trading is expected to commence on the <strong>Nasdaq<\/strong> on <strong>June 12, 2026<\/strong>, with a significant <strong>30% allocation<\/strong> reserved for retail investors through platforms like Robinhood and Fidelity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nvidia_CEO_Jensen_Huang_Called_to_Testify_on_China_Sales\"><\/span>Nvidia CEO Jensen Huang Called to Testify on China Sales<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Senator Elizabeth Warren has invited Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) CEO Jensen Huang to testify before the <strong>Senate Banking Committee on June 11<\/strong>. The inquiry follows allegations that advanced AI chips, including the <strong>H100 and H200<\/strong>, have been diverted to <strong>China<\/strong> through third-party intermediaries in <strong>Malaysia and Thailand<\/strong>.<\/p>\n<p>Lawmakers are seeking clarity on Nvidia\u2019s compliance with <strong>U.S. export controls<\/strong> and the accuracy of previous public statements regarding the company&#39;s market share in China. <em>The hearing could signal a tightening of regulatory oversight<\/em> as the U.S. government seeks to prevent critical AI technology from reaching foreign military or intelligence bodies.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"S_P_DJI_Maintains_Status_Quo_on_Index_Eligibility\"><\/span>S&amp;P DJI Maintains Status Quo on Index Eligibility<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>S&amp;P Dow Jones Indices (<a href=\"\/stock\/SPGI\">SPGI<\/a>) has concluded its consultation on megacap methodology, confirming that <strong>no changes<\/strong> will be made to the eligibility criteria for the <strong>S&amp;P 500<\/strong>, <strong>MidCap 400<\/strong>, or <strong>SmallCap 600<\/strong>. The decision means that massive private companies will not receive exemptions from the <strong>12-month seasoning period<\/strong> or the requirement for <strong>four consecutive quarters of GAAP profitability<\/strong>.<\/p>\n<p>This ruling serves as a <em>major hurdle<\/em> for newly public giants like SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>) and other AI firms that reinvest heavily in infrastructure. Despite their multi-trillion-dollar valuations, these companies must still prove sustained financial viability before they can be considered for inclusion in the world&#39;s most-followed equity benchmarks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Google_and_Utah_Launch_Statewide_AI_Education_Initiative\"><\/span>Google and Utah Launch Statewide AI Education Initiative<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alphabet (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) has secured a landmark partnership with the <strong>Utah State Board of Education<\/strong> to roll out <strong>Gemini for Education<\/strong> starting in the <strong>2026-27 school year<\/strong>. The program will provide AI tools to roughly <strong>680,000 K-12 students<\/strong> and <strong>28,000 educators<\/strong> across the state.<\/p>\n<p>The initiative focuses on <strong>personalized instruction<\/strong>, administrative efficiency for teachers, and <strong>AI literacy<\/strong> for students. Google has committed to providing free AI training modules through <strong>December 2027<\/strong>, positioning Utah as a <em>national leader<\/em> in the integration of generative AI within public school systems.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"PAHO_Ramps_Up_Regional_Ebola_Preparedness\"><\/span>PAHO Ramps Up Regional Ebola Preparedness<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Pan American Health Organization (PAHO)<\/strong> has activated its <strong>Incident Management System (IMS)<\/strong> to coordinate regional preparedness for <strong>Ebola<\/strong> across the Americas. The move follows the World Health Organization\u2019s declaration of a <strong>Public Health Emergency of International Concern (PHEIC)<\/strong> due to escalating outbreaks in the <strong>Democratic Republic of the Congo<\/strong> and <strong>Uganda<\/strong>.<\/p>\n<p>While the current risk to the Americas is considered <strong>low<\/strong>, PAHO is working with health ministries to reinforce <strong>surveillance, laboratory diagnostics, and infection control<\/strong>. <em>The activation ensures a rapid response capability<\/em> should any imported cases be detected at regional points of entry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways SpaceX (SPCX) has fixed its IPO price at $135 per share, targeting a world-record $75 billion raise and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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