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What will the blockbuster SpaceX IPO mean for markets? | Morning Bid
Posted
June 8, 2026
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5,341
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June 8, 2026
5,341
85
5
1.69%
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15:51Now PlayingThe SpaceX IPO - reported to be more than twice oversubscribed - arrives against a turbulent backdrop, with the chip sector posting its worst single-day drop of the year on Friday. A blowout May payrolls report has markets pricing in nearly two Fed rate hikes within 12 months, defying President Trump's calls for lower rates. And oil surges more than 4% after Israel and Iran trade missile strikes, adding fresh heat to the inflation outlook.
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