SpaceX Market Debut
SpaceX shares continued their upward trajectory on Monday following what is being described as the largest IPO in market history. After raising $75 billion at a valuation of nearly $2 trillion last Friday, the stock closed its first trading day at $160.95—a 20% increase from its $135 offer price. By Monday morning, shares climbed an additional 6%, pushing the company’s total market capitalization past $2.1 trillion.
The debut has significantly impacted the broader market, with underwriters exercising a greenshoe option that increased the total capital raised to over $85 billion. Retail investor demand was notably high, with brokerage firms like AJ Bell reporting request volumes five times higher than any other IPO in the past decade. The success of the offering has notably elevated Elon Musk’s net worth, cementing his status as the world’s first trillionaire.
Gold Market Update
In commodities trading, gold prices saw a sharp uptick on June 15, 2026, rising 2.87% to reach $4,337.59 per ounce. According to market data, this represents a $121.10 gain from the previous session’s close of $4,216.50.
Despite the daily gain, gold remains 20.81% below its 52-week high of $5,477.79, though it holds a strong position 32.75% above its 52-week low. Market analysts attribute the volatility in gold prices to ongoing inflation expectations, central bank policy shifts, and fluctuating global economic conditions. While prices have dipped 4.46% over the past month, the year-over-year growth remains significant at 26.35%.