SpaceX Is Now America’s 6th Most Valuable Public Company
June 12, 2026
13 min
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5 of 20
June 12, 2026
SpaceX Is Now America’s 6th Most Valuable Public Company
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The Wall Street Journal Episodes Around June 12, 2026
Episode 5 of 20 — walk the feed in the order it was published.
SpaceX Is Now America’s 6th Most Valuable Public Company
Summary
P.M. Edition for June 12. Shares of SpaceX closed up 19% on their first trading day, giving the company a market cap of more than $2 trillion and making Elon Musk the world’s first trillionaire. Plus, China has been importing a lot less oil since the start of the Iran conflict, helping keep a lid on global oil prices–without disrupting its economy. WSJ energy markets reporter Rebecca Feng discusses how China’s doing that, and what happens if the country reverses course. And Iran, the U.S. and mediators agree that a peace deal is close at hand. We hear from Journal Middle East correspondent Benoit Faucon about what points might still be up for debate. Alex Ossola hosts.
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