Elon Musk takes SpaceX public and retains almost all the power. Times technology reporter Ryan Mac explains why the company’s record IPO is both a big bet on Musk’s vision and a risk for investors. By Ryan Mac, Nour Idriss, Nikolay Nikolov, Stephanie Swart, Rafaela Balster and Sam Rosenthal June 12, 2026
Elon Musk’s big bet for SpaceX Read More »
Latest developments: Crypto markets are under pressure as Bitcoin hovers around $60,000 and ETF outflows continue. Bitcoin ETFs have recorded four straight weeks with over $1 billion in net outflows. Bloomberg Intelligence’s James Seyffart joined Public Keys and said about $9 billion has left Bitcoin ETFs since their recent peak. Despite the setback, Seyffart noted
Most Bitcoin ETF Investors Stayed Placed Despite Outflows Read More »
Latest developments: VanEck recently launched the first US spot BNB ETF, trading under the symbol VBNB on Nasdaq. The fund provides investors with exposure to BNB through traditional brokerage accounts. Kyle DaCruz, VanEck’s director of digital asset products, said the company is focused on blockchains with measurable adoption rather than purely technical promises. The ETF
VanEck Bets Real-World Use of BNB Can Stand Out in a Crowded Crypto ETF Market Read More »
SpaceX, Elon Musk’s rocket and artificial intelligence company, rose 11% in early trading Friday, strengthening the power of the world’s richest man and paving the way for fast-growing AI companies to hit the stock market in a once-in-a-lifetime bonanza. SpaceX shares debuted at $150, up from their IPO price of $135 per share. That values
SpaceX Stock Rises 11% in Largest-Ever IPO Read More »
SpaceX stock opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years. The aerospace and satellite internet company on Thursday priced its IPO at $135 per share. SpaceX sold 555.6 million shares, raising $75 billion in what is the
SpaceX opens at $162 for blockbuster Nasdaq debut Read More »
SpaceX, Elon Musk’s rocket company, plans to publicly sell shares for the first time this week. This is an unusual event in several respects. The company’s IPO earned it the title of the world’s largest IPO. SpaceX is also offering ordinary investors a much larger share of its shares than is typical for a public
Live Updates: SpaceX set to begin trading blockbuster market debut Read More »
Ripple CEO Brad Garlinghouse called it a “moment” for the industry, saying the industry deserved “the same rules and protections as every other asset class.” Standard Chartered predicts between $4 billion and $8 billion in additional inflows into XRP spot exchange-traded funds in the United States if the bill passes. They’ve attracted about $1.4 billion
Sentiment Falls to Eight-Month Low, and This Has Already Been a Buy Signal Read More »
One of the arguments Bankman-Fried made was that the funds he embezzled were intended for investments that would eventually grow. “As the district court recognized, any assertion that Bankman-Fried did not intend to defraud because he intended to reimburse his customers was legally misleading and harmful, because the wire fraud statute encompasses the temporary misappropriation
FTX’s Sam Bankman-Fried Loses Appeal of Criminal Conviction for Fraud and Conspiracy Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1711.6, down 0.3% (-4.68) since 4 p.m. ET on Thursday. Ten of the 20 assets are trading higher. Leaders: NEAR (+2.7%) and ADA (+1.0%). Lagging behind: CRO (-1.4%)
Ethereum (ETH) falls 1% as index trades lower Read More »
Blockchain-based prediction markets have recently become the preferred place for investors to bet on the SpaceX IPO, providing a decentralized alternative to traditional pre-IPO markets. Unlike private equity deals that require accreditation and high minimums, these on-chain marketplaces are accessible to retail investors with minimal capital, enabling 24/7 price discovery on IPO listings. At Wednesday’s
