Sean Aylmer

SpaceX raised 75 billion US dollars and Elon Musk,

is now on the verge of becoming the world's first trillionaire.

Trading begins at 2 a.m.

Eastern time in Australia.

The IPO is three times the next largest ever and about 30,000 Australian investors have applied for allocations.

That's it for the afternoon report for Friday, the 12th of June, 2026.

Make sure you're following the podcast and head along to fearandgreed.com.au to sign up for our free daily newsletter.

I'm Sean Aylmer.

Enjoy your evening.

Good morning, Michael Thompson.

Are you excited about the World Cup?

First game kicks off in an hour or two from when we're recording here.

I'm very excited.

I'm not a big fan of the sport, but wow, when such big events happen, I love it.

Totally.

I mean, in terms of retail investors taking up an IPO, there hasn't been one this size in many, many years.

And on top of that, this isn't even an ASX offering.

This is a Wall Street offering being made available to Aussie investors.

Other retail brokers away from CommSec reported decent interest in terms of the number of individual bids, although the bid sizes were smaller than they would normally expect.

Goldman Sachs will do SpaceX share allocations today and notify retail investors later ahead of tonight's kickoff on Wall Street.