Skip to content
The Nexus
BUSINESSJun 12 · 18:21 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

US stocks rise as oil falls and SpaceX soars in its debut on Wall Street

US stocks rose as oil prices fell and SpaceX surged in its Wall Street debut, marking the first AI industry IPO. The S&P 500, Dow Jones, and Nasdaq all gained, with SpaceX's stock jumping 25% to a $2.21 trillion valuation. Tensions with Iran eased after President Donald Trump called off strike threats, contributing to lower oil prices.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting