Business news

Business news • Jun 12

On The Border closing company-owned restaurants, Arkansas locations impacted

ARKANSAS, USA — Tex-Mex chain On The Border Mexican Grill & Cantina is closing its company-owned restaurants by the end of the day Friday, June 12,...

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Business news • Jun 12

SpaceX president hints at Tesla merger post-IPO: ‘That might make Elon Musk’s life a little easier’

On the day of SpaceX's highly anticipated IPO, president Gwynne Shotwell hinted at a move many analysts increasingly expect—that Elon Musk's two public...

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Business news • Jun 12

Sam Bankman-Fried loses appeal of fraud conviction in FTX case

The opinion came the same week Bankman-Fried submitted his application for a presidential pardon.

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Business news • Jun 12

Former SpaceX welder becomes a millionaire after historic IPO

Juan Hernandez, a former SpaceX employee, owns 6500 company shares. On the first day of public trading, his wealth ballooned by $1046175.

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Business news • Jun 12

1,000,000,000,000 (that’s 1 trillion), in graphics

Elon Musk became the world's first trillionaire after SpaceX went public Friday. Here's how to visualize that level of wealth in charts and graphics.

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Business news • Jun 12

Forbes Declares Elon Musk As The World’s First Trillionaire

SpaceX began trading on the Nasdaq Friday, boosting Musk's fortune to an estimated $1.1 trillion.

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Business news • Jun 12

Stocks making the biggest moves midday: SpaceX, EchoStar, Adobe, Seagate Technology, Charles Schwab & more

Here are the stocks making headlines in midday trading.

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Business news • Jun 12

SpaceX shoots 19% higher in first day of trading

SpaceX shares rose 19% in their first trading day, landing the company as the sixth-largest company in the U.S.. Why it matters: Elon Musk's company ended...

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Business news • Jun 12

Lost Gulf oil exports far smaller than thought, traders and shippers say

Since the start of ​the Iran war and Tehran's announcement that the Strait of Hormuz was "closed", the market has grappled to put a figure on lost crude...

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Business news • Jun 12

He's Been Quietly Amassing SpaceX Stock for 15 Years

Justin Fishner-Wolfson has spent 15 years quietly doing one thing: scooping up privately held SpaceX stock, and that low-key obsession is about to pay off...

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Business news • Jun 12

New SpaceX millionaires are reinventing the business of managing large wealth

The SpaceX IPO is minting thousands of new millionaires, some of whom have joined forces to negotiate a wealth management plan at lower fees.

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Business news • Jun 12

Consumer sentiment rises for the first time in three months

Consumer sentiment may finally be recovering after falling to historic lows due to wartime price spikes. The University of Michigan's latest survey of...

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Business news • Jun 12

SpaceX set for historic IPO and U.S. men’s ‘Golden Generation’ kick off World Cup campaign: Morning Rundown

SpaceX is set for the largest stock market debut ever.

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Business news • Jun 12

Elon Musk, Human Ponzi Scheme

With Wall Street's help, you're about to be forced to buy stock in SpaceX.

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Business news • Jun 12

Stock Market News, June 11, 2026: Dow Surges 930 Points After Trump Cancels Strikes

Stocks surged and oil prices fell after President Trump said on social media that he was canceling strikes on Iran planned for tonight.

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Business news • Jun 12

SpaceX's IPO brings Elon Musk closer to becoming the world's first trillionaire

Elon Musk, already the world's richest man, is set to become a lot richer thanks to SpaceX's blockbuster IPO.

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Business news • Jun 12

SpaceX IPO live updates: Record-setting IPO prices at $135 a share

SpaceX made history Thursday, pricing its IPO at $135 and raising $75 billion. The stage is set for SPCX stock to debut on Nasdaq on Friday, June 12.

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Business news • Jun 12

SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the...

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Business news • Jun 12

Texas-based SpaceX is going public, making history with its IPO

Elon Musk's company will sell its stock at $135 per share.

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Business news • Jun 12

Elon Musk is the world’s first trillionaire (on paper) thanks to the SpaceX IPO

Musk's $1.1 trillion fortune depends partly on SpaceX achieving audacious goals, including putting humans on Mars. His wealth rivals that of Page, Bezos,...

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