U.S. markets brace for SpaceX IPO, Trump peace signals and AI funding moves

U.S. markets brace for SpaceX IPO, Trump peace signals and AI funding moves
SpaceX IPO, AI, Trump moves

Investors head into Friday with equity futures higher after a broad rally on Thursday and a packed agenda spanning equities, geopolitics and campaign advertising. The trading day is centered on SpaceX’s expected Nasdaq debut, while comments from President Donald Trump on a possible U.S.-Iran agreement and fresh AI fundraising add to market focus.

Highlights

  • SpaceX will raise $75 billion by selling 555.6 million shares at $135 each in a Nasdaq IPO, valuing the company at $1.77 trillion.
  • Trump signals potential U.S.-Iran peace deal with Strait of Hormuz reopening and U.S. lifting oil sanctions, pushing oil prices lower and stocks higher.
  • Prometheus, Jeff Bezos’ AI startup, raises $12 billion while AdImpact forecasts $11.6 billion in political advertising ahead of 2026 midterm elections.

SpaceX debut and major market catalysts

As reported by CNBC, SpaceX is set to begin trading on Nasdaq in what is expected to be a record-setting initial public offering, with the company selling 555.6 million shares at $135 each, according to a filing with the Securities and Exchange Commission. The deal is set to raise $75 billion and value the company at $1.77 trillion, putting Wall Street’s appetite for a new group of strategic technology companies under close scrutiny.

CNBC also reports that a smaller-than-expected portion of the offering is being reserved for retail traders, citing a person familiar with the matter. In an interview with CNBC, SpaceX President and COO Gwynne Shotwell says she was not sure the company would go public, but adds that it feels like the right time now.

Beyond the IPO, markets are also tracking artificial intelligence financing after Jeff Bezos’ startup Prometheus announces a $12 billion funding round. Bezos tells CNBC that the company has done remarkable work, but says it is premature to disclose its achievements in detail.

Geopolitics, policy and advertising outlook

Investor sentiment is also responding to geopolitical developments after Trump says the U.S. has made a great settlement of the war, indicating that a U.S.-Iran peace deal could be approaching. He says the agreement remains subject to the finalization of documents and expects a signing over the next few days, while Iranian state media reports that the proposed plan includes Tehran reopening the Strait of Hormuz within 30 days and the U.S. lifting oil sanctions.

Those signals push oil prices lower and help drive stocks higher in Thursday’s session. Markets are additionally watching personnel changes in Washington after Trump says he will nominate Jay Clayton to serve as permanent director of national intelligence, replacing acting leadership put in place after Tulsi Gabbard’s resignation.

A separate forecast from AdImpact points to rising political spending ahead of the 2026 midterm elections. The report says the races are expected to generate $11.6 billion in advertising spending, which would mark the highest ad outlay of any U.S. election.

Our earlier coverage of SpaceX’s record-setting IPO explained that the company raised $75 billion by selling 555.6 million shares at $135, implying a roughly $1.77 trillion valuation and setting up trading on Nasdaq under the ticker SPCX. We also noted outsized demand and strong retail participation, and highlighted how SpaceX’s debut could become a benchmark for the next wave of major AI-related listings.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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