Michael Saylor has put SpaceX inside Wall Street’s top technology group after the rocket company joined public markets at a value above $2 trillion. The Strategy (NASDAQ: MSTR) executive chairman posted on X after the June 12, 2026 listing and used the name “Mag8.” Saylor wrote, “Congratulations @ElonMusk and $SPCX on a historic IPO. Thanks...

SpaceX paid Wall Street about $500 million in underwriting fees on its $75 billion listing, near 0.7% of the deal. That ranks among the lowest rates ever for a mega-IPO.Goldman Sachs and Morgan Stanle

Elon Musk says SpaceX revenue could reach roughly $1 trillion a year by 2030, and likely more in 2031. That projection sits far above the forecasts of the bankers who just took his company public.Musk

Elon Musk’s SpaceX has officially set its initial public offering at a price of $135 per share on Thursday, setting projections of a $75 billion raise in the largest stock market debut in history and valuing Elon Musk’s rocket and satellite company at almost $1.77 trillion. The offering eclipses Saudi Aramco’s December 2019 IPO, which...

Sen. Elizabeth Warren (D-Mass.), in yet another attack on big tech, has called on the SEC to delay SpaceX’s planned initial public offering.  Wall Street was already having arguments over whether or not a $1.75 trillion price tag can be justified, and now Senator Warren has intervened just days before SpaceX is set to begin...

President Donald Trump said he canceled the strikes planned against Iran on Thursday evening, announcing a deal approved at the highest level of Iranian leadership and backed by 11 regional and allied

Silver (XAG) closed below its 200-day moving average on June 9 for the first time since April 2025. Silver price now trades near $64 after falling about 47% from its January all-time high (ATH) of $12

The United States launched strikes against Iran on Tuesday after a US Apache helicopter was downed over the Strait of Hormuz, breaking the fragile ceasefire previously announced by President Donald Tr

A recent report published by the European Central Bank today has stated that central banks globally now hold more gold than US government bonds and treasuries in their reserves for the very first time. Geopolitical tensions, concerns over a risk of sanctions, and a growing desire among some countries to lessen their exposure to dollar-denominated...

Iran has suspended all indirect conversations with the U.S. and will now proceed to completely block the Strait of Hormuz.

Stablecoin liquidity is staying inside crypto rather than cashing out. Still, it is bypassing exchanges and flowing into yield strategies, tokenized stocks, prediction markets, and real-world assets,

Bitcoin (BTC) demand has contracted to a level last seen only three times since 2019, according to CryptoQuant data. The 30-day growth of combined spot and perpetual futures demand has fallen toward m

As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. Related

Bitcoin (BTC) has beaten nearly all of the top 100 altcoins since 2020, and chart data now points to almost 50% more downside for the broad altcoin market.The total altcoin market cap, tracked as TOTA

Bitcoin is holding above $62,000 after the massive drop that defined last week’s market action and erased months of recovery progress in a matter of days. The price is stabilizing — but

Kevin Warsh faces his first test as Federal Reserve chair. During the week, he will lead the meeting that decides US interest rates. Investors expect rates to stay between 3.5% and 3.75%, according to the CME’s FedWatchTool. The futures market doesn’t expect another rate cut from the Fed until March of 2027, at which time...

Trump said Sunday that the United States and Iran had completed a peace agreement and would put their signatures on it Friday, June 19, in Switzerland. Writing on Truth Social, Trump said: “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of...

On Thursday, the European Central Bank increased its deposit rate by 25 basis points to 2.25% in its first rate hike since September 2023. The escalation of the war in the Middle East sent inflation within the eurozone significantly above the bank’s target of 2%. The ECB has become the first major central bank to...

U.S consumer prices reached their highest in three years last month. While the Middle East war continues, the new CPI has put further pressure on Fed already amidst its major leadership change. In the last 12 months, the CPI went up by 4.2% through May, the largest jump since 2023. The most affected category is...

OpenAI is preparing its biggest ChatGPT overhaul since the chatbot launched in 2022. The redesign would turn ChatGPT into a super app built around coding tools, AI agents, and creative features.The ro

The US Dollar Index (DXY) trades near 100.2 after retesting an ascending trendline that has supported it since May 2011. A resistance zone at 100.5 still caps the recovery.BeInCrypto examined the mont

The European Union has been cautioned that the restrictive nature of the MiCA (Markets in Crypto-Assets) regulation will harm the bloc’s global competitiveness when it comes to stablecoin development and proliferation.  Despite the digital euro facing heavy skepticism, euro-dominated stablecoins have experienced an increase in popularity due to increased regulatory clarity. Meanwhile, the digital euro’s […]

Inflation is staying hot for longer, and IMF Managing Director Kristalina Georgieva says the Iran war is a big reason why. Speaking Sunday on CBS’ Face the Nation, Kristalina said the economic pain is spreading well beyond the countries involved in the fighting. Kristalina explained that countries close to the conflict are taking a hard […]

State Street says the US dollar could fall up to 10% this year if the Fed cuts rates more than expected.

The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia (RBA) due later in the day.

A year-old Donald Trump quote urging Americans to “buy stock now” is back at the top of crypto Twitter. The clip is paired with a Wellington-Altus forecast that sees the S&P 500 climbing to 8,000 by y

US equities rebounded as the S&P 500 climbed to $6,976, before correcting. Earlier in the week, the benchmark index closed just shy of its prior record before briefly moving higher in subsequent tradi

Barclays has increased its earnings and price projections for the S&P 500 through 2025 and 2026, attributing the upgrade to stronger-than-anticipated corporate results in the first half of the year and a robust earnings landscape despite trade tensions and labor challenges.

S&P 500 and Nasdaq futures climbed modestly on Tuesday evening, fueled by strong gains in Alphabet Inc. after a court handed down a less stringent antitrust ruling than initially feared.

Asian equities declined on Wednesday, following Wall Street's losses driven by escalating concerns over U.S. trade tariffs.