2 Reasons July 7 Is Shaping Up as a Monster Day for SpaceX
Key takeaways
- Sean Williams, The Motley Fool Mon, June 29, 2026 at 4:26 PM GMT+7 4 min read NVDA SPCX 2222.SR ^DJI June has been a history-maker for Wall Street.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- However, the biggest fireworks for SpaceX are yet to come.
Sean Williams, The Motley Fool Mon, June 29, 2026 at 4:26 PM GMT+7 4 min read NVDA SPCX 2222.SR ^DJI June has been a history-maker for Wall Street. Not only did the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite catapult to new highs earlier this month, but investors also witnessed the largest-ever initial public offering (IPO) take shape, courtesy of Space Exploration Technologies (Space X)(NASDAQ: SPCX).
Elon Musk's artificial intelligence (AI) and space economy conglomerate debuted on June 12 and ultimately raised $85.7 billion (including the underwriters' overallotment) -- nearly triple the amount that overseas oil giant Saudi Aramco raised with its December 2019 IPO.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »