US Futures Hold Steady of SpaceX IPO

2026-06-12 00:02 By Jam Kaimo Samonte 1 min. read

US stock futures were little changed on Friday as investors looked ahead to SpaceX's highly anticipated market debut and weighed signs of easing tensions between the US and Iran.

SpaceX is set to start trading on Friday and is expected to become the largest IPO in history.

The company priced its shares at $135 each, raising roughly $75 billion and implying a market valuation of about $1.78 trillion.

On the geopolitical front, President Donald Trump said a peace deal with Iran could be reached as early as this weekend after delaying planned attacks and warning that the US could target the country's oil infrastructure.

Iran's semi-official Fars news agency also reported that Tehran was likely to accept the agreement, although no final text has been approved.

In Thursday's regular session, the Dow surged 1.86%, the S&P 500 advanced 1.75%, and the Nasdaq Composite rallied 2.54%.



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