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Australia’s Capital Gains Tax Overhaul Explained, June 14
Australia’s capital gains tax reforms aim to boost housing affordability for 75,000 first-home buyers through negative gearing adjustments.
SpaceX IPO Soars 19% to $161, Musk Becomes First Trillionaire, June 14
SpaceX IPO raises record $75B at $135/share. Stock debuts at $161, up 19%. Musk becomes world’s first trillionaire.
US Invests $2B in Quantum Computing, IBM Among Key Beneficiaries, June 14
U.S. government invests $2 billion in quantum computing firms including IBM, taking ownership stakes to advance strategic technology.
SpaceX Stock Soars 19% in Record IPO Debut, Musk Becomes First Trillionaire
SpaceX IPO debuts at $160.95, raising $75 billion. Shares surge 19% on investor enthusiasm for Starlink and space ventures.
Commerzbank Works Council Files Criminal Complaint Against Unicredit, June 13
Commerzbank works council accuses Unicredit of market manipulation. Stock rises 2.9% as acceptance rate hits 11.22%, pushing Unicredit stake to 37%.
SpaceX IPO Soars 19% on Record $75B Debut, Musk Hits Trillionaire Status
SpaceX IPO raises record $75B, stock closes at $161 up 19%. Company valued at $2.1 trillion. Elon Musk becomes world’s first trillionaire.
SpaceX IPO Soars 19% to $161; Leveraged ETF Launch Delayed to Monday, June 13
SpaceX stock surges 19% to $161 on IPO debut Friday. Leveraged ETFs pushed to Monday over SEC concerns. Company valued at $2.1 trillion.
Virgin Galactic Crashes 31.8% as SpaceX IPO Triggers Space-Stock Selloff, June 13
Virgin Galactic (SPCE) stock fell 31.8% to $3.91 after SpaceX IPO triggered space-stock rotation and dilution concerns from debt-for-equity swap.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.