In the wee hours of June 13th, Beijing time, US stocks experienced a notable upswing during late-session trading on Friday. News surfaced indicating that the United States and Iran were on the verge of finalizing a peace accord. Iranian state media reported that the agreement would lead to the reopening of the Strait of Hormuz, a crucial maritime passage. On this significant day, SpaceX made its debut on the Nasdaq stock exchange, commencing trading with a market valuation surpassing $2 trillion. This valuation not only exceeded its previous estimate of $1.77 trillion but also positioned SpaceX as the seventh-largest company by market capitalization among US-listed stocks.
