SpaceX Stock Price Poised to Surge Over 50% in Just Three Trading Days
On June 16, SpaceX’s stock price rallied sharply in pre-market trading on U.S. exchanges, climbing roughly 11%—extending its more than 40% jump through the first two days of trading as a public company. By the close of regular trading on Monday, SpaceX’s market capitalization topped $2.5 trillion, closing in on Amazon’s valuation of nearly $2.7 trillion.
In a statement released Monday, SpaceX confirmed it exercised the over-allotment option (often referred to in markets as the “greenshoe” option) for its initial public offering (IPO), which allows underwriters to sell an additional 83.3 million shares. This move lifted the total fundraising amount to $86.2 billion. Excluding the $500 million underwriting fee specified in the IPO prospectus, SpaceX’s net proceeds from the offering came to $85.7 billion.
Data from Vanda Research shows that retail investor buying volume for SpaceX over its first two trading days equals the total retail buying activity across the entire U.S. stock market
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Goldman Sachs: Maintains Tesla at "Neutral" Rating, Sets 12-Month Price Target 8.8% Below Current Price
June 16 — Goldman Sachs is projecting Tesla’s second-quarter electric vehicle deliveries could beat market expectations, as rebounding demand in Europe and stronger sales in China offset softness in the U.S. market.
In a June 15 research note, analysts led by Mark Delaney raised Tesla’s Q2 2026 delivery forecast from 405,000 units to 420,000 vehicles — a figure that outpaces the 400,000-vehicle consensus estimate from Visible Alpha. The bank says latest regional sales and registration data align with its earlier outlook for Tesla’s quarterly delivery performance.
Europe was the quarter’s key bright spot: as of May, Tesla’s registrations there jumped roughly 85% to 90% year-over-year, with strong early-June numbers. But Goldman warned that this growth was partly driven by a low comparison base from the same period last year. By contrast, the U.S. market stayed weak, with deliveries down double-digit percentage points from the start of Q2 through May. In China, data from the China
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Global Oil Prices Continue to Fall, Brent Crude Drops by 2.59%, WTI Drops by 3.15%
June 16: According to Bitget market data, international oil prices continued to fall. Brent crude oil dropped below $81 per barrel, marking an intraday decline of 2.59%. WTI crude oil fell below $79 per barrel, logging a 3.15% intraday drop.
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Apyx has released a 2.0 upgrade proposal to restructure the redemption mechanism to address stress testing and liquidity crisis risk.
June 16th: In a new official post, Apyx announced it’s launching its "Apyx 2.0" framework following its largest stress test since last June. The protocol underwent a full overhaul of its redemption mechanism, collateral structure, and transparency metrics to fix prior issues like price dislocation and redemption pressure.
After launching in February and growing to roughly $500 million in circulating volume, Apyx recently faced steep market headwinds. Its core collateral asset STRC saw its worst drawdown ever, and apxUSD briefly dipped to around $0.90 on secondary markets. Even amid a surge in large redemption requests, the protocol maintained overall solvency.
The stress test uncovered a core flaw: the design of its excess collateral buffer zone. Apyx explained that under extreme market conditions, allowing redemptions based on Net Asset Value (NAV) creates a structural incentive for “early redeemers to arbitrage at later holders’ expense” — speeding up capital outflows and erodi
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From Retail Investor to $7.7 Million Stock Market Whale, 'Stock Trading King' Turns $30,000 into Hundredfold Profit
**June 16 Update**
Via
Hyperinsight Monitoring: The standout "US Stock Trading King" address on Hyperliquid— a top performer in on-chain US stock trading— has made waves recently. This trader launched their strategy in early April with ~$30k in initial capital, opening a long position in Intel (INTC) and steadily adding to it via a sequence of roll-in trades.
During every upward price rally, the trader reinvested all floating profits and unlocked margin to expand their position size, growing holdings in a snowball effect. After booking solid gains from INTC, they amplified their exposure by opening a 10x leveraged long on Micron Technology (MU), sticking to the same roll-in approach.
As of press time:
- Total combined long positions in INTC and MU hit ~$6.95M, with floating profits around $3.5M.
- This address is now Hyperliquid’s largest long holder for INTC and second-largest for MU, jumping from a small retail trade
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Western Digital Rises Over 4% in Pre-market Trading
June 16: According to Bitget market data, Western Digital extended its pre-market rally by over 4% (after surging 16.10% in the prior trading session), leading gains in the U.S. stock storage sector. Related stocks’ pre-market performance: Seagate Technology rose 2.57%, Qualcomm climbed 2.73%, SanDisk advanced 0.39%, and Micron gained 0.64%.
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