United StatesBreaking News

Jay Ritter, director of The IPO Initiative and Emeritus Professor at the University of Florida, discussed the unprecedented $75 billion SpaceX IPO, highlighting its fixed $135 offer price set before the roadshow a highly unusual approach. This pricing strategy resulted in a first-day stock price jump that left approximately $20 billion in first-day profits on the table, more than double the previous U.S. IPO record held by Alibaba. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

New York City Comptroller Mark Levine discussed the fast-tracking of SpaceX's inclusion into major indexes such as MSCI Global Standard and FTSE Russell, highlighting concerns about the abandonment of traditional criteria like seasoning periods and earnings track records. Levine emphasized the unprecedented governance structure of SpaceX, where a single individual holds dominant control with limited shareholder rights and no independent board oversight. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money."

Rapper & Co-Founder of Big3 league Ice Cube, discusses the league preparing to go public after a $290 million valuation. He discusses the early days of the league, how the fans have really embraced it, and what it means to be the first publicly traded sports league. He speaks with Romaine Bostick & Randall Williams on "The Close."

Tom Rowlands-Rees, Head, Global Power Markets Analysis, BloombergNEF examines how the Iran conflict is reshaping energy supply, trade flows and market dynamics at the Bloomberg Energy Security Executive Briefing 2026 in Houston.

Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said that he feels a that a merger to combine SpaceX and Tesla is a 'forgone conclusion' and that he believes its been propping up Tesla's stock as people wait for an opportunity to own SpaceX. Gerber says that despite some concerns about Musk's complete control over both companies, he feels that investors know what they are getting into putting their money in his hands and that investors who have a problem with it shouldn't buy the stock.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Bloomberg space reporter Loren Grush said that Elon Musk is still focused on Space even as other parts of the company generate more revenue for Musk as SpaceX's IPO makes him the world's richest man. Grush said that Musk is still committed to the starship rocket and trying to reach the 'holy grail of space flight' in reusing boosters/

Bloomberg's Nikki Waller joins Scarlet Fu and Tom Keene on "Bloomberg Money." Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records

Jack Lew, former US Treasury Secretary, joins Scarlet Fu and Tom Keene on "Bloomberg Money." Projections in the latest annual Social Security Trustees says there could be severe shortfalls in funding by 2032. Lew says that's unacceptable and government can't wait to fix the problems.

Chevron Corp. is open to expanding its Middle East footprint despite the ongoing Iran conflict that has triggered an unprecedented disruption of global energy markets, said Chief Executive Officer Mike Wirth. He speaks to Annmarie Hordern at the Bloomberg Energy Security Executive Briefing in Houston.

Nick Colas, co-founder of Data Take Research, said that while he believes the math doesn't add up for SpaceX's valuation compared to the level of investment into space tech company, investors are making the decision based on Elon Musk's track record of success. Colas said that the bet is that Musk can replicate his track record of bringing the public interesting technology, but that it's not based on any math people can 'rationally model.'