Elon Musk becomes world's first trillionaire on paper after SpaceX IPO

SpaceX’s $75B IPO values Elon Musk’s holdings in rocket, satellite internet and AI company at about $866.5B, while his Tesla shares are worth roughly $286B

Elon Musk becomes world's first trillionaire on paper after SpaceX IPO

SpaceX’s $75B IPO values Elon Musk’s holdings in rocket, satellite internet and AI company at about $866.5B, while his Tesla shares are worth roughly $286B

European gas prices plunge 5% on hopes of US-Iran framework deal

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Turkish stock exchange opens higher on Friday

BIST 100 index gains 168.57 points at opening session12 June 2026

UK posts trade deficit of $28.1B in April, above expectations

British exports up 2.6% month-on-month, while imports rise 1.5%12 June 2026

UK economy contracts in April as Middle East shock weighs on activity

GDP falls 0.1% month-on-month after growth in previous 2 months, according to Office for National Statistics12 June 2026

US ground beef, steak prices hit record high in May

Average price of uncooked ground beef rises 13.1% from last year to $7.06 per pound, while steak prices jump 16%12 June 2026

SpaceX raises $75B in world’s largest initial public offering

Elon Musk-founded space company prices 555.6M Class A shares at $135 apiece, valuing firm at around $1.77T12 June 2026

US stocks close with sharp increases after Trump cancels attacks on Iran

Dow Jones up 1.86%, S&P 500 1.75%, Nasdaq 2.54%; European indexes end day in positive side11 June 2026

Energy prices down as US cancels attacks on Iran

Brent futures traded for below $90, down 3.8%11 June 2026

Only 2 vessels cross Strait of Hormuz over last 2 days

Commercial vessel traffic through crucial maritime chokepoint falls to lowest level in nearly 5 weeks11 June 2026

Türkiye's BIST 100 flat at Thursday's close

Borsa Istanbul falls around 1 point11 June 2026

US awards $17.6M contract for Gerald Ford aircraft carrier repairs

Pentagon says contract entails ‘emergent maintenance’ work in Virginia, home of Norfolk Naval Shipyard11 June 2026

Elon Musk becomes world's first trillionaire on paper after SpaceX IPO

SpaceX’s $75B IPO values Elon Musk’s holdings in rocket, satellite internet and AI company at about $866.5B, while his Tesla shares are worth roughly $286B

Elon Musk becomes world's first trillionaire on paper after SpaceX IPO

SpaceX’s $75B IPO values Elon Musk’s holdings in rocket, satellite internet and AI company at about $866.5B, while his Tesla shares are worth roughly $286B

Economy

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Economy

Pakistan unveils annual budget as economy reaches record $452B

US consumer sentiment rises in June on easing gasoline prices

Turkish economy program to stay on disinflation path despite shocks, officials say

FACTBOX - SpaceX enters elite club of top firms after record $75B IPO

Dutch central bank cuts 2026 growth forecast to 0.8% amid rising energy prices

Global markets trade positively, with Mideast peace on the horizon

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