SpaceX Surges 19% on First Trading Day, Valuation Exceeds $2 Trillion; Musk Becomes World's First Trillionaire

According to Guru Club, on June 15, SpaceX closed up 19% on its market debut Monday, pushing its valuation above $2 trillion and making it the sixth-largest company in the U.S. by market cap. The milestone also made Elon Musk the world's first trillionaire. Meanwhile, Iran and the U.S. reached a memorandum of understanding with 14 proposed clauses, with the Strait of Hormuz set to reopen following a formal agreement expected by Friday. In China, the central bank deployed 600 billion yuan in six-month reverse repos on June 15, as May macroeconomic data showed new total social financing of 2.03 trillion yuan and new yuan-denominated loans of 520 billion yuan, with M2 rising 8.6% year-on-year.
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