PBOC sets USD/CNY reference rate at 7.1703 vs. 7.1886 previous

SpaceX SPCX at $171.91, clearing Fib 0.236 at $170.19 after a +19.2% debut close at $160.95. IPO closes June 15. First earnings September 2, 2026. 18,712 BTC in treasury. MSCI inclusion T+1. Fib target $183.96.

TradingKey - Driven by a convergence of multiple strong positive factors, memory chip giant Micron Technology (MU) experienced an explosive surge in pre-market trading today, with its share price soaring over 8% to $1,061. The direct catalyst for this stellar performance was a series of concentrated and significant valuation upgrades for the company recently issued by several top Wall Street investment banks.

TradingKey - The Federal Reserve will convene the FOMC meeting on June 16-17 Eastern Time, announcing its interest rate decision and latest economic projections on June 17. The current target range for the federal funds rate stands at 3.50% to 3.75%. Based on the latest U.S. CPI and non-farm payroll data, the most likely outcome of the June meeting is to keep interest rates unchanged while signaling a more hawkish policy stance.

TradingKey - Rocket Lab fell after the SpaceX IPO, but investors may be overlooking a larger catalyst. Nasdaq-100 inclusion on June 22 could bring fresh institutional demand as RKLB's backlog reaches a record $2.2 billion.

SpaceX SPCX closed its first trading day at $161.11, up 19% from the $135 IPO price, hitting an intraday high of $176.52. MSCI index inclusion begins June 13. Here's what SpaceX stock investors should watch next: lockup, Q2 earnings, Starlink growth, and xAI capex.