Friday, 12 June 2026

The SpaceX IPO

US equity indexes closed on a positive note, SPX +37pts (0.5%) at 7431. Nasdaq comp' +0.3%. Dow +0.7%. The Transports settled +0.3%. R2K +0.9% 

SPX – daily

VIX – daily

Summary

US equities saw a few swings, the SPX printing a high of 7456, and settling at 7431. 

Volatility was ground lower into the weekend, the VIX settling -9.0% to 17.68. 

As for SpaceX... 

 
 
SpaceX saw a successful IPO, if less so than a few had hoped. 
The stock opened at $150.00, having been priced at $135. 
A high of $176.52, and settling +19.2% to $160.88



Sunny, but it is still a hellscape


I should have died a year ago 

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