Finance

Elon Musk’s SpaceX plans to go public with a $75 billion offering, aiming to fund space ambitions and satellite expansion. Key details and implications explained.

• Cryptogram Platform Team
• June 11, 2026

Market watchers view SpaceX’s upcoming IPO as a test of investor confidence in Elon Musk’s leadership and vision amid high valuation and voting rights concerns.

• Cryptogram Platform Team
• June 11, 2026

May wholesale prices increased 1.1%, driven by energy costs, signaling ongoing inflation pressures. The increase exceeds economists’ forecasts, impacting future Fed policy.

• Cryptogram Platform Team
• June 11, 2026

US producer prices increased 6.5% in May, marking the fastest rise since November 2022, driven by ongoing inflation pressures amid geopolitical tensions.

• Cryptogram Platform Team
• June 11, 2026

SpaceX begins trading on Nasdaq under SPCX on June 12, marking a significant milestone amid market excitement and complex lockup arrangements.

• Cryptogram Platform Team
• June 11, 2026

India VIX ended at 15.61 on Thursday, reflecting elevated market volatility driven by Middle East tensions and US inflation data, with ongoing global risks.

• Cryptogram Platform Team
• June 11, 2026

Investors pulled $64.5 million from VIX-based volatility ETFs, signaling shifts in market sentiment amid recent volatility concerns.

• Cryptogram Platform Team
• June 11, 2026

SpaceX’s record-breaking IPO values the company at $1.77 trillion, sparking divided opinions on its fundamentals and future prospects. Market reactions remain uncertain.

• Cryptogram Platform Team
• June 11, 2026

A new client asset intake portal for small accounting firms is being tested to streamline document collection and reduce administrative loops.

• Cryptogram Platform Team
• June 7, 2026

King Luther Capital Management increased its Meta holdings by 5.5% in Q4, now owning $129.43 million worth of Meta shares, according to SEC filings.

• Cryptogram Platform Team
• June 7, 2026