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Time:2026-06-12T15:49:01Z

SpaceX has made a historic stock market debut with a valuation approaching $1.77 trillion, sparking debate over whether the price is justified as investors rush to participate in the blockbuster IPO. Meanwhile, conflicting accounts of a potential US-Iran peace deal have emerged, with Trump claiming a settlement is near while Tehran says nothing has been finalized. War-wary Republicans are questioning the administration's Iran strategy with midterm elections approaching, even as Trump has called off planned strikes and signaled a deal could be signed within days.

SpaceX Makes Historic Stock Market Debut

SpaceX Makes Historic Stock Market DebutSpaceX has gone public in what analysts are calling one of the most anticipated IPOs in history. The company's valuation has reached approximately $1.77 trillion, though some investors question whether that price is justified. The debut marks a major milestone for Elon Musk's space venture, opening up investment opportunities to the broader public. Key details about trading start times and what investors should know have been circulating widely.

Sources:
Watch: Three things to know about SpaceX's stock market debut (BBC)
SpaceX Is Set to Start Trading in Blockbuster Market Debut (NYT)
Is SpaceX worth $1.77 trillion? It’s a pie in the sky, some investors say.June 12, 2026, 11:18 a.m. ET (NYT)
When will SpaceX start trading?June 12, 2026, 9:03 a.m. ET (NYT)
Want to invest in SpaceX? Here’s what to know. (NYT)

The Scale and Hype Behind SpaceX's IPO

As SpaceX prepares for its blockbuster IPO, analysts are grappling with the sheer size of the offering and how to separate genuine value from market hype. Reports examine what the IPO means for everyday investors and the broader market. The unprecedented scale of SpaceX's market debut has sparked intense debate about valuation and long-term prospects.

Sources:
Try to Wrap Your Head Around How Big SpaceX’s I.P.O. Is (NYT)
Our Reporters on Distinguishing Hype From Facts in the SpaceX I.P.O. (NYT)
The HeadlinesAudioWhat the SpaceX I.P.O. Means for You, a Giant Act of Vandalism in D.C., and More14min listen (NYT)

GOP Lawmakers Question Trump's Iran Strategy Amid War Fears

GOP Lawmakers Question Trump's Iran Strategy Amid War FearsWar-wary Republicans are increasingly questioning President Trump's approach to Iran, with control of Congress at stake in upcoming elections. Trump has blasted Iranian media reports about a leaked ceasefire deal, calling them untrue. Conflicting accounts of draft agreement terms have emerged from both sides, fueling uncertainty. The president bristled over leaked details that appear to favor Iran, deepening the political divide.

Sources:
War-wary Republicans question Trump’s Iran strategy with control of Congress at stake (CNN)
Trump blasts Iranian media, says leaked ceasefire deal terms are untrue (Al Jazeera)
Trump and Iran Offer Conflicting Accounts of Terms of Draft Agreement (NYT)
Trump bristles over leaked details of deal that appear to favour Iran (CBC)

US and Iran Close to Agreement to End War, Officials Say

US and Iran Close to Agreement to End War, Officials SayAmerican and Iranian officials indicate a deal to end their conflict is imminent, with Trump claiming a 'great settlement' has been reached. Reports suggest a signing could come within days, though Tehran has cautioned that nothing has been finalized. The potential breakthrough represents a dramatic shift after months of hostilities. China Daily reports both sides are nearing an agreement.

Sources:
US and Iran are close to a deal to end their war, officials say (AP News)
Trump says US has reached a ‘great settlement’ to end war with Iran (AP News)
Are Iran, US really close to a breakthrough ‘deal’? (Al Jazeera)
Trump says US Iran close to deal, signing expected within days (China Daily)

Trump Calls Off Iran Strikes, Signals Peace Deal Imminent

Trump Calls Off Iran Strikes, Signals Peace Deal ImminentTrump has called off the latest threats to strike Iran, citing a breakthrough in talks to end the war. The president now says a peace deal will be announced 'soon,' canceling further military action. However, Tehran maintains that nothing has been finalized, creating uncertainty around the claimed progress. NPR reports Trump's shift from strikes to diplomacy marks a significant policy reversal.

Sources:
Trump calls off latest threats to strike Iran, citing a breakthrough in talks to end the war (AP News)
Tehran says 'nothing' finalised after Trump claims deal to end Iran war near (BBC)
Trump now says a peace deal will be announced 'soon,' cancels further strikes (NPR)