Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-07T16:31:11.000Z
Friday's market rout erased $1.4 trillion in S&P 500 value, tightening the pricing window for SpaceX's $1.75 trillion IPO on June 12. Morningstar prices SpaceX 55% above intrinsic value, while a $4.3 billion Q1 loss makes the IPO a bet on flawless future execution. With 78% of proceeds already committed and expected index inclusion forcing passive inflows, supply scarcity could override valuation concerns at launch. It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started.See for yourself(Sponsor) SpaceX’s long-awaited IPO is coming on June 12, but is sitting at the center of one of the most aggressive valuation debates in recent market history. At a projected $1.75 trillion valuation, the offering
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.