Business
SpaceX IPO Valuation Surges
SpaceX is seeking a valuation of nearly $1.8 trillion in its upcoming IPO, generating significant gains for early investors. Meanwhile, ship traffic through the Strait of Hormuz may increase if tensions between the U.S. and Iran ease.
Coverage timeline — 2 articles
CNBC
With SpaceX seeking a valuation of nearly $1.8 trillion in IPO, early bets are poised to generate some of the biggest paper gains in venture capital history.
2026-06-11 17:28 UTC
CNBC
Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.
2026-06-11 17:54 UTC