{"id":63020,"date":"2026-06-11T16:08:16","date_gmt":"2026-06-11T20:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-prices-record-75b-ipo-as-trump-signals-imminent-iran-peace-deal\/63020\/"},"modified":"2026-06-11T16:08:16","modified_gmt":"2026-06-11T20:08:16","slug":"spacex-prices-record-75b-ipo-as-trump-signals-imminent-iran-peace-deal","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/spacex-prices-record-75b-ipo-as-trump-signals-imminent-iran-peace-deal\/63020\/","title":{"rendered":"SpaceX Prices Record $75B IPO as Trump Signals Imminent Iran Peace Deal"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>)<\/strong> has priced its historic initial public offering at <strong>$135 per share<\/strong>, raising <strong>$75 billion<\/strong> and valuing the aerospace giant at approximately <strong>$1.77 trillion<\/strong>.<\/li>\n<li><strong>President Donald Trump<\/strong> announced that a &quot;great settlement&quot; with <strong>Iran<\/strong> is imminent, with a potential signing ceremony in Europe as early as this weekend to reopen the <strong>Strait of Hormuz<\/strong>.<\/li>\n<li>The <strong>European Central Bank (ECB)<\/strong> raised interest rates by <strong>25 basis points<\/strong> to <strong>2.25%<\/strong>, its first hike since 2023, as an &quot;insurance&quot; move against broadening inflation.<\/li>\n<li>A <strong>US Appeals Court<\/strong> has extended a block on a lower court ruling that had struck down President Trump\u2019s <strong>10% global tariff<\/strong>, keeping the trade policy active during the legal challenge.<\/li>\n<li><strong>UK Armed Forces Minister Al Carns<\/strong> and <strong>Defence Secretary John Healey<\/strong> resigned in protest over what they described as &quot;inadequate&quot; military funding in the government&#39;s latest investment plan.<\/li>\n<\/ul>\n<h2>SpaceX Shatters Records with $1.77 Trillion Valuation<\/h2>\n<p>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>) officially priced the world\u2019s largest-ever IPO on Thursday, setting the share price at <strong>$135.00<\/strong>. The offering of <strong>555.6 million shares<\/strong> raised <strong>$75 billion<\/strong> in fresh capital, nearly tripling the previous record held by Saudi Aramco. The company is expected to begin trading on the <strong>Nasdaq<\/strong> on June 12, 2026, under the ticker <strong>SPCX<\/strong>.<\/p>\n<p>Investor demand for the debut was reportedly <strong>four times oversubscribed<\/strong>, with retail investors earmarked for roughly <strong>30% of the float<\/strong>. The $1.77 trillion valuation places the company among the most valuable entities globally, fueled by the explosive growth of its <strong>Starlink<\/strong> satellite internet division and its dominance in commercial space flight.<\/p>\n<h2>Trump Signals Imminent Iran Nuclear Settlement<\/h2>\n<p>President Trump confirmed on Thursday that a memorandum of understanding with <strong>Iran<\/strong> is in its final stages, with a signing likely to occur in Europe within days. The President noted that <strong>Vice President JD Vance<\/strong> may attend the signing in his place. The deal reportedly ensures that Iran will not obtain a nuclear weapon and includes the immediate reopening of the <strong>Strait of Hormuz<\/strong>.<\/p>\n<p>The announcement follows months of high-stakes diplomacy and military tension in the region. Trump confirmed he has held recent calls with leaders from <strong>Israel, Qatar, the UAE, and Saudi Arabia<\/strong> to coordinate the regional security framework. <em>Market analysts suggest the reopening of the Strait could lead to a significant easing of global <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">oil prices<\/a>.<\/em><\/p>\n<h2>ECB Delivers &quot;Insurance&quot; Rate Hike<\/h2>\n<p>The <strong>European Central Bank<\/strong> raised its deposit rate to <strong>2.25%<\/strong> today, marking a shift toward tightening as inflation pressures broaden across the Eurozone. <strong>Carsten Brzeski<\/strong>, ING\u2019s (<a href=\"\/stock\/ING\">ING<\/a>) global head of macro, characterized the move as an &quot;insurance hike&quot; intended to prevent the central bank from falling behind the curve, similar to the inflation shock of 2022.<\/p>\n<p>During the press conference, <strong>ECB President Christine Lagarde<\/strong> suggested that while one hike serves as a safeguard, a second hike later this summer remains a distinct possibility if data does not cool. <em>The euro saw modest volatility following the decision as traders weighed the likelihood of a follow-up increase in July or September.<\/em><\/p>\n<h2>Legal and Political Turmoil in US and UK<\/h2>\n<p>In the United States, a <strong>federal appeals court<\/strong> granted a stay that allows the administration to continue enforcing a <strong>10% global tariff<\/strong>. This move pauses a previous ruling that had declared the tariffs unconstitutional, providing a temporary victory for the Trump administration&#39;s &quot;America First&quot; trade agenda. Meanwhile, <strong>Money Market Fund<\/strong> assets saw a sharp decline of <strong>$21.48 billion<\/strong> for the week ended June 10, as investors likely rotated capital toward the massive SpaceX IPO.<\/p>\n<p>Across the Atlantic, the British government faced a leadership crisis as <strong>Armed Forces Minister Al Carns<\/strong> and <strong>Defence Secretary John Healey<\/strong> resigned. Both officials cited a &quot;decay&quot; in government machinery and a failure to provide the resources necessary to meet rising global threats. The resignations deal a significant blow to <strong>Prime Minister Keir Starmer<\/strong>, who insisted the current funding plan is sufficient to keep the UK safe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways SpaceX (SPCX) has priced its historic initial public offering at $135 per share, raising $75 billion and valuing 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