🔴 LIVE BULLETIN — JUNE 12, 2026
🚀 SPCX IPO: $135/share | Nasdaq Debut TODAY
₿ BTC: $62,857 ▲ +3.0%
📈 Nasdaq: +2.54% | Dow: +1.86% | S&P 500: +1.75%
🛢️ Crude: ~$90/bbl ▼ Easing
📊 US CPI May 2026: Released — Markets Respond
🚀 SPCX IPO: $135/share | Nasdaq Debut TODAY
₿ BTC: $62,857 ▲ +3.0%
Live Market Bulletin June 12, 2026: SpaceX IPO Prices at $135 — Largest IPO in History, Bitcoin Bounces After CPI, Wall Street in Focus
🗓️ JUNE 12, 2026 | LIVE MARKET BULLETIN | EARNFREE.IN
🚀 SpaceX IPO Prices at $135 — History’s Largest Ever at $1.75 Trillion. Bitcoin Bounces After CPI. Wall Street Surges.
Today, June 12, 2026, marks one of the most consequential days in financial market history. SpaceX (ticker: SPCX) begins trading on Nasdaq at $135 per share — the largest IPO ever at a $1.75 trillion valuation, dwarfing Saudi Aramco’s previous record. Meanwhile, Bitcoin has bounced back above $62,857 after US CPI data for May 2026, and Wall Street is coming off a strong session led by tech and industrials.
🚀 SpaceX IPO — SPCX Lists Today on Nasdaq at $135
IPO PRICE
$135
per share (SPCX)
VALUATION
$1.75T
Largest IPO ever
CAPITAL RAISED
$75B
3× Saudi Aramco
RETAIL ORDERS
$70B+
~93% of total raise
ANALYST TARGET
$165–$190
Oppenheimer / New Street
BTC HELD BY SpaceX
18,712 BTC
~$1.3–1.6B treasury
SpaceX priced its IPO at $135 per share after market close on June 11, 2026, with trading beginning today on the Nasdaq under ticker SPCX. The offering raises $75 billion — nearly 3× Saudi Aramco’s 2019 record — and values the company at approximately $1.75–1.77 trillion. Oppenheimer initiated with Outperform and a 12-18 month price target of $190, while New Street Research set a target of $165. Retail investors placed over $70 billion in orders, nearly filling the entire raise on their own. SpaceX has allocated ~20–30% of shares to retail, triple the industry norm. Critically, SpaceX holds 18,712 BTC on its balance sheet, giving every SPCX shareholder indirect Bitcoin exposure. 15 days post-listing, SpaceX enters the Nasdaq 100, triggering an estimated $22–27 billion in forced mechanical buying from QQQ index funds — a key catalyst institutional investors are already positioning for.
₿ Bitcoin Bounces to $62,857 After US CPI Data
BTC PRICE
$62,857
▲ +3.0% (24h)
MARKET CAP
$1.26T
BTC Dominance: 56.3%
7-DAY RANGE
$60K–$64K
Recovering from May lows
DOWN FROM HIGH
~20%
Was above $80K in May
Bitcoin rose from $61,000 to $63,073 after US CPI data for May 2026 was released on June 10–11, indicating that inflation — while still elevated at ~3.8% YoY — may be plateaking. BTC had slipped under $60,000 on June 5, a level not seen since September 2024, with much of the decline blamed on SpaceX IPO liquidity rotation and Iran-related risk-off selling. The rebound above $62,857 suggests bearish momentum is exhausting. SpaceX’s S-1 disclosed a 18,712 BTC treasury, meaning the company’s Nasdaq listing gives traditional investors indirect BTC exposure — a longer-term bullish signal for crypto markets.
📈 Wall Street Live — June 11–12, 2026
DOW JONES
50,848
▲ +1.86% (+930 pts)
S&P 500
7,396
▲ +1.75%
NASDAQ
25,808
▲ +2.54%
RUSSELL 2000
2,921
▲ +3.02%
VIX
↓ 12%
Fear easing sharply
CRUDE OIL
~$90
Easing from $97
Wall Street staged a strong recovery on June 11 after US–Iran ceasefire signals reduced geopolitical risk. The Dow surged +930 points back above 50,000, and the Nasdaq jumped +2.54%, led by semiconductor stocks. Intel surged +11%, while Amgen and Caterpillar added over 2% each. The VIX fear index fell nearly 12%. The sharp reversal came after Trump–Iran deal signals emerged, easing crude oil prices from their $97 peak. Markets now focus squarely on the SpaceX SPCX debut today and the upcoming FOMC meeting June 16–17 — Federal Reserve Chair Kevin Warsh’s first press conference since replacing Jerome Powell.
📰 Key Stories to Watch Today
🚀 SPCX DEBUT
SpaceX Enters Nasdaq 100 in 15 Days — $22–27B in Forced Buying
After today’s listing, SpaceX enters the Nasdaq 100 index in approximately 15 days. Every QQQ ETF must mechanically buy SPCX, triggering an estimated $22–27 billion in forced purchases — a major catalyst institutional investors are already front-running.
📌 Watch: SPCX first-day pop
🏦 FED WATCH
FOMC June 16–17 — Chair Warsh’s First Press Conference
Kevin Warsh’s debut as Fed Chair will be closely watched. Fed funds rate has been held at 3.50–3.75% since Dec 2025. With US CPI at 3.8% YoY and PPI at 6.5%, a hold is expected — but Warsh’s tone will set the market direction for H2 2026.
📌 June 16–17: FOMC decision
📊 US INFLATION
CPI 3.8% YoY | PPI Surges to 6.5% — Highest Since Nov 2022
May 2026 US CPI held at 3.8% YoY — second consecutive monthly acceleration. PPI rose 1.1% MoM, the 12-month rate hitting 6.5%, the highest since November 2022. Core PPI ex-food/energy came in at +0.4%, slightly below consensus, hinting energy is the primary driver.
📌 Impact: Rate cut hopes dimming
🌍 GEOPOLITICS
US–Iran Deal Signals Ease Oil — Crude Pulls Back from $97
Reports from Iran’s state media suggest US–Iran nuclear talks are progressing, sending Brent Crude back from its $97 peak toward ~$90/bbl. The de-escalation triggered the June 11 market surge. However, tensions remain fragile — any reversal could spike crude and VIX again.
📌 Watch: Iran–US developments
💳 CONSUMER SPENDING
BofA: Credit Card Spending +5.1% YoY in May — Consumers Still Resilient
Bank of America reported total credit card spending rose 5.1% year-on-year in May 2026, showing broad strength across goods and services with no signs of household stress or distress borrowing — a positive signal for consumer-facing stocks and the broader economy.
📌 Source: BofA client note
🤖 AI / TECH
Oracle Down 8% YTD as AI Bubble Fears Weigh on Nasdaq
Oracle’s Q4 selloff wiped out its year-to-date gains, leaving it down ~8% for 2026 and well behind the Nasdaq (+9% YTD). Nvidia fell ~6% on June 10 as AI bubble concerns rattled chip stocks. Intel, however, surged +11% on June 11 as bargain buyers returned.
📌 AI trade: Volatile but alive
📊 Market Summary Snapshot — June 12, 2026
| Asset / Index | Level | Change | Key Note |
|---|---|---|---|
| 🚀 SpaceX (SPCX) | $135 | IPO Day | Largest IPO ever — $1.75T valuation |
| ₿ Bitcoin (BTC) | $62,857 | ▲ +3.0% | Bouncing post-CPI, SpaceX holds 18,712 BTC |
| 📈 Dow Jones | 50,848 | ▲ +1.86% | Back above 50K — Iran deal optimism |
| 📈 S&P 500 | 7,396 | ▲ +1.75% | Tech + Industrials led recovery |
| 📈 Nasdaq | 25,808 | ▲ +2.54% | Intel +11%, chip stocks rebound |
| 📉 VIX | ~19 | ▼ -12% | Fear easing sharply |
| 🛢️ Brent Crude | ~$90 | ▼ Easing | Down from $97 on Iran deal signals |
| 📊 US CPI (May) | 3.8% YoY | Hot | 2nd consecutive monthly acceleration |
| 📊 US PPI (May) | 6.5% YoY | Highest since Nov 2022 | Energy driving inflation surge |
| 🏦 Fed Funds Rate | 3.50–3.75% | Hold | FOMC June 16–17 — Warsh’s debut |
⚠️ Disclaimer
This bulletin is for informational purposes only and does not constitute investment advice. Market data reflects conditions as of June 11–12, 2026. All investments carry risk. Consult a financial advisor before making investment decisions. EarnFree.in is not responsible for any trading losses.
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