SpaceX & WSP Global

SpaceX: SpaceX successfully completed the largest IPO in history, raising $75 billion and achieving a market valuation of over $2 trillion, which will fund its ambitious projects in space and AI. Its shares soared on debut, making it one of the most valuable companies globally.

WSP Global: WSP Global is providing technology to facilitate allocations to institutional investors and has been constantly testing its systems due to the unprecedented size of the SpaceX IPO.

SpaceX: SpaceX>>>'s anticipated market debut and IPO plans are a significant event for high-growth technology stocks, raising concerns about potential overexuberance.

WSP Global: WSP Global's flash manufacturing PMI data for Japan and Australia provided economic indicators that influenced regional market performance.

SpaceX: SpaceX's potential swift entry into the S&P 500 was effectively ruled out by S&P Global's decision on index eligibility requirements.

WSP Global: WSP Global stated it would not change eligibility requirements for its major indices, effectively ruling out SpaceX's swift entry into the S&P 500.

SpaceX: SpaceX is mentioned as the newest member of the $1 trillion market cap club, serving as a comparison for Oracle's potential.

WSP Global: WSP Global downgraded Oracle's credit rating from BBB to BBB- on July 13, 2026, citing AI infrastructure debt, which contributed to the stock's decline.

SpaceX: SpaceX is mentioned as rising in stock value due to a purchase of an AI coding assistant, but its connection to the main event is tangential.

WSP Global: WSP Global has reported on the number of transits through the Strait of Hormuz, indicating a significant increase since the war began.