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Sources said SpaceX (SPCX.O) has informed banks handling its $75 billion IPO that it will use an offer price of $135 a share, disclosed in a revised filing on Wednesday. The move indicates founder Elon Musk’s intent to control pricing for what would

2026-06-05

Sources said SpaceX (SPCX.O) has informed banks handling its $75 billion IPO that it will use an offer price of $135 a share, disclosed in a revised filing on Wednesday. The move indicates founder Elon Musk’s intent to control pricing for what would be the largest IPO on record, though sources cautioned the price could change before trading begins. SpaceX began its roadshow on Thursday; underwriters will collect investor feedback and typically set the final price at a pre-listing meeting. Sources described demand as extremely strong. The company expects shares to start trading on June 12.

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2026-06-04

South Korea's ruling Democratic Party captured 12 of 16 provincial governor and metropolitan mayor posts, according to results released on the 4th. The opposition People Power Party won four jurisdictions — Seoul, Daegu, North Gyeongsang and South Gy

South Korea's ruling Democratic Party captured 12 of 16 provincial governor and metropolitan mayor posts, according to results released on the 4th. The opposition People Power Party won four jurisdictions — Seoul, Daegu, North Gyeongsang and South Gyeongsang — with Oh Se-hoon re-elected as Seoul mayor. Parliamentary by-elections held on the 3rd returned Democratic Party candidates in 9 of 14 seats; the People Power Party won four seats; independent and former People Power leader Han Dong-hoon won one seat.
2026-06-05

China's three major A-share indices continued to recover; the Shanghai Composite turned positive first, while the Shenzhen Composite pared losses to 0.7%.

China's three major A-share indices continued to recover; the Shanghai Composite turned positive first, while the Shenzhen Composite pared losses to 0.7%.
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