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    SpaceX IPO Oversubscribed With More Than $10 Billion Orders | The Opening Trade 6/9/2026



    Sources tell Bloomberg that SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares. Elon Musk’s company is leading a race to list against both OpenAI and Anthropic.

    The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie.

    Chapters:
    00:00:26 – Market Check
    00:01:53 – AI Theme Guides Stock Rebound
    00:04:57 – Iran, Israel Pledge to End Attacks
    00:07:33 – GSK Agrees to Buy Nuvalent
    00:13:59 – Oil Prices, Brent Crude Levels
    00:20:29 – Indonesia Bond Yields Rise
    00:27:09 – KKR’s Alisa Wood on Markets
    00:37:51 – GSK CEO Working to Revitalize Company
    00:47:39 – Stocks to Watch: Pharma, Defense, Italian Banks
    01:02:54 – OpenAI Confidentially Files for IPO
    01:06:08 – SpaceX IPO ‘Oversubscribed’
    01:09:45 – Italy Won’t Take Sides on Monte Paschi Bids
    01:14:47 – Germany, France Pull Plug on Jet Project
    01:21:18 – Bond Markets
    01:29:30 – Cost of Rolling Back Brexit
    01:33:13 – Tech Sector Optimism
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    3. @Rumb1epit on

      In June 2025 Law Forward, Democracy Defenders Fund, and Hecker Fink LLP filed a complaint in Dane County Circuit Court on behalf of the nonpartisan Wisconsin Democracy Campaign and a group of Wisconsin voters, alleging that billionaire Elon Musk and groups affiliated with him violated multiple Wisconsin laws—including the election-bribery statute—during the 2025 Wisconsin Supreme Court election.

      The complaint alleges that in the closing days of the election campaign, Musk and affiliated political organizations injected tens of millions into the Wisconsin Supreme Court race, including by paying millions directly to Wisconsin voters. In an effort to engineer a victory for his preferred candidate, Musk and the other defendants conspired to develop and implement a brazen scheme to induce Wisconsinites to vote. First, they paid registered voters $100 to sign a petition. Second, as detailed in the complaint, they paid millions of dollars in “awards” to selected Wisconsin voters who had signed that petition. Musk stated that the $1 million awards were “in appreciation for you taking the time to vote.”

      Wisconsin law prohibits offering, giving and/or promising to give any amount of money over $1 to induce anyone to (a) go to the polls, (b) vote, and/or (c) vote for a particular person. By offering and paying Wisconsin citizens amounts far greater than $1

      Elon's days are numbered.When Trump loses power he loses his immunity. Short it.

    5. @fredtrezm5793 on

      I am not seeing that humans are particularly interested in using their own intelligence unless forced to do, so where is the ferocious use of AI going to come from? Would like to see reporting about this, since it looks like the biological mechanic is to have significant numbers of people so that a sufficient number will do the heavy thinking.

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