SpaceX stock closes below its IPO price for the first time since it went public
Shares of SpaceX continued their sharp descent Thursday and closed below the company’s IPO price for the first time since its June public offering.
Big banks poised to report booming revenue propelled by Iran war volatility
Expectations are high that when banks start posting second-quarter results Tuesday, led by JPMorgan Chase and Bank of America, revenue from trading equities and fixed income will approach, or even exceed, the records set earlier this year.
Elon Musk becomes world’s first trillionaire
Elon Musk has become the world’s first trillionaire, with SpaceX’s long-awaited stock market debut, at $150 per share, propelling the founder and CEO into uncharted financial territory.