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SpaceX Stock Edges Higher Today as Investors Brace for Historic Nasdaq-100 Entry Just 15 Days After IPO

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Elon Musk looks at his mobile phone

Shares of SpaceX ticked higher Monday morning, continuing a tentative recovery from a sharp post-IPO pullback as investors looked ahead to the company’s historically fast inclusion in the Nasdaq-100 index, a milestone set to arrive just weeks after the company’s record-setting public debut.

Shares of Space Exploration Technologies Corp., trading under the ticker SPCX, were at $155.03 as of 11:14 a.m. EDT, up $1.80, or 1.17%, on the day. The modest gain builds on a stabilization in trading after a turbulent stretch that saw the stock fall nearly 19% over the prior week, sliding from its all-time high of $225.64, reached June 16, down to an all-time low of $147.11 on June 23. The stock’s overall market capitalization, which stood at roughly $2.02 trillion as of late last week, had contracted by more than 16% over that same period.

SpaceX went public June 12 in what has been described as a record initial public offering, raising an estimated $75 billion. Shares were priced at $135 ahead of the listing and opened trading at $150, closing the first day at $160.95, a 19.2% gain from the offering price. The stock then continued climbing for several more sessions before peaking on June 16 and reversing sharply in the days that followed, a round trip that has made SpaceX one of the more closely watched, and most volatile, new entries on Wall Street this year.

The next major milestone for the stock is now just over a week away. Nasdaq announced on June 26 that SpaceX will join the Nasdaq-100 index beginning July 7, just 15 days after its public debut, an unusually fast turnaround driven by a rule change Nasdaq implemented in May. Under the previous framework, newly public companies typically waited months or longer before becoming eligible for index inclusion. The revised rules shortened that waiting period to just 15 days from a company’s IPO date, provided the company ranks among the top 40 Nasdaq-100 constituents by market capitalization, a threshold SpaceX cleared easily given its enormous valuation. The inclusion is expected to trigger a wave of mechanical buying from index funds and exchange-traded products that track the Nasdaq-100, including the widely held QQQ fund, with some estimates suggesting the forced purchasing could total several billion dollars within the index’s first weeks of holding the stock.

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That looming demand has factored into recent trading even before the formal inclusion date arrives. Cathie Wood’s ARK Invest exchange-traded funds added to their SpaceX position in trades disclosed for the session ending June 26, joining a broader group of institutional investors who have used the stock’s pullback from its post-IPO peak as an entry opportunity. At the same time, Quantum Cyber, a smaller defense-technology-focused company, has been reported to be pursuing an equity stake in SpaceX, going so far as to hire bankers to explore the transaction, according to TradingView-sourced reporting.

Beyond the index dynamics, several business developments have kept SpaceX in the headlines in recent days. Bloomberg reported that SpaceX and Charter Communications have held discussions about a potential mobile phone partnership in the United States, part of SpaceX’s broader push to expand Starlink’s reach beyond satellite broadband into direct wireless services. That ambition has not gone unnoticed by traditional telecom analysts; TD Cowen has flagged that SpaceX’s expansion into wireless could remain a persistent overhang on legacy carrier stocks, even as the firm has also suggested the development could fuel further upside for SpaceX shares themselves if Starlink succeeds in challenging established mobile providers. Separately, SpaceX was among the winning bidders, alongside Verizon, AT&T and T-Mobile, in a recent Federal Communications Commission spectrum auction, and Reuters has reported that the company is constructing a natural gas pipeline intended to support fuel needs for future Starship rocket launches.

SpaceX’s business now spans considerably more than rockets and satellites. According to Morningstar, the company acquired xAI from its founder, Elon Musk, in early 2026, bringing the Grok large language AI model, the Colossus data center and related AI infrastructure under the SpaceX corporate umbrella alongside its existing Space and Connectivity segments. Morningstar analysts have noted that while SpaceX maintains a commanding, decade-long lead over competitors in orbital launch experience and payload volume, the company’s valuation implies that investors will need to wait years for earnings to catch up to its current trading multiples.

That valuation tension is reflected clearly in the spread of opinions among the relatively small group of analysts currently covering the stock. Among those tracked by Investing.com, six analysts recommend buying shares while one recommends selling, producing an overall Buy rating with an average 12-month price target of $187.80, a high estimate of $310 and a low estimate of just $62, implying upside of roughly 22.6% from recent trading levels. Argus, meanwhile, initiated coverage with a more cautious Hold rating, suggesting it could take years before SpaceX’s valuation multiples settle into levels considered typical for an established aerospace or telecommunications company. SpaceX’s first public quarterly earnings report is scheduled for Aug. 6, a date that should meaningfully expand the pool of analysts covering the stock once the underwriting banks’ quiet period concludes.

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For now, SpaceX shares remain in a period of active price discovery less than three weeks after going public, caught between mechanical demand tied to the upcoming Nasdaq-100 inclusion, continued interest from prominent institutional investors, and lingering questions from more cautious analysts about whether the company’s valuation has run ahead of what its current rocket, satellite and AI businesses can support. Monday’s modest gain offers little more than a pause in that broader story, with the company’s formal entry into the Nasdaq-100 on July 7 likely to serve as the next significant test of investor appetite for one of the most closely watched new listings in recent Wall Street history.

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TAT welcomes EVA Air’s new Washington DC service as North America access to Thailand expands

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Airports of Thailand to increase international passenger service fees starting June 20, 2026

EVA Air’s new Washington DC–Taipei service enhances U.S.–Thailand travel, offering convenient connections and promoting quality tourism through TAT’s “Value over Volume” approach, highlighting wellness and cultural experiences.

EVA Air’s New Route Boosts Travel to Thailand

Bangkok, 29 June 2026 – The Tourism Authority of Thailand (TAT) celebrated the launch of EVA Air’s new route connecting Washington Dulles International Airport to Taiwan Taoyuan International Airport. This service enhances one-stop travel options from North America to Bangkok and other Thai destinations. The route operates four times a week, starting from 26 June 2026, with flight durations ranging from 15 to 16 hours, providing a convenient gateway for travelers from the U.S. and Canada via Taipei.

Enhanced Connectivity Between North America and Thailand

EVA Air expands its North American network with the Washington DC–Taipei service, complementing its existing Thailand–Taiwan routes. The airline offers up to 32 Bangkok–Taipei flights weekly during its Summer 2026 schedule, with a flight time of around four hours. Additional connections include services to Chiang Mai and Phuket, broadening access to Northern and Southern Thailand. This connectivity supports travel from the U.S. to key Thai destinations through EVA Air and its partners.

Marketing Thailand’s Unique Travel Experiences

TAT emphasizes the importance of air connectivity in developing long-haul markets and reaching quality visitor segments. The Washington DC–Taipei service, operated by a 278-seat Boeing 787-9 Dreamliner, strengthens travel links from a major U.S. gateway. TAT’s “Value over Volume” approach focuses on quality travel, responsible tourism, and enriching visitor experiences. Under the theme “Healing is the New Luxury,” Thailand is promoted as a year-round destination offering wellness, culture, nature, and meaningful local connections.

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Source : TAT welcomes EVA Air’s new Washington DC service as North America access to Thailand expands

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Seagate: Mass Capacity HDD Is Having Its Moment (Rating Downgrade)

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Seagate: Mass Capacity HDD Is Having Its Moment (Rating Downgrade)

Seagate: Mass Capacity HDD Is Having Its Moment (Rating Downgrade)

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Bryan Hughes on sidelines as judge casts doubt on Pitcher Partners win claims

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Bryan Hughes on sidelines as judge casts doubt on Pitcher Partners win claims

Insolvency veteran Bryan Hughes has benched himself while his former Pitcher Partners colleagues grapple with a $9 million claim by the liquidator of failed technology play Titan Interactive.

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SM Energy: Don't Believe The Fear, Buy The Upside Instead

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SM Energy: Don't Believe The Fear, Buy The Upside Instead

SM Energy: Don't Believe The Fear, Buy The Upside Instead

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Medicare will start covering obesity drugs for the first time. Here's what patients should know

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PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

The move could unlock millions of new patients for Novo Nordisk and Eli Lilly and expand access to medications that were previously out of reach for seniors.

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Goldman Sachs International Equity Income Fund Q1 2026 Commentary

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Nomura Global Growth Fund Q4 2025 Commentary

Goldman Sachs International Equity Income Fund Q1 2026 Commentary

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BlackRock New York Municipal Opportunities Fund Q1 2026 Commentary

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BlackRock New York Municipal Opportunities Fund Q1 2026 Commentary

BlackRock New York Municipal Opportunities Fund Q1 2026 Commentary

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Barclays initiates Mueller Water stock with underweight on muni slowdown

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Barclays initiates Mueller Water stock with underweight on muni slowdown

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Goldman Sachs raises IHG price target to $190 on stronger RevPAR outlook

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Goldman Sachs raises IHG price target to $190 on stronger RevPAR outlook

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NYT Connections Puzzle Answers for June 30, 2026 Delivers Clever Wordplay on Barriers, Sports and Recycling

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Nancy Guthrie

The New York Times Connections game continued its streak of engaging word challenges Tuesday with puzzle No. 1115, testing players’ abilities to group 16 words into four categories based on subtle thematic links. Released early Tuesday morning, the daily brain teaser drew the usual mix of praise and playful frustration from solvers across social media and puzzle forums.

The solution featured straightforward connections involving physical dividers, winter sports, everyday recyclables and multiple meanings of the word “draft.” While many players solved it with relative ease, the purple category once again proved the trickiest for those unfamiliar with its linguistic flexibility.

Here is the complete breakdown of Tuesday’s Connections answers:

Yellow (easiest): Dividing structures — fence, gate, hedge, wall. These words all describe barriers that separate spaces, whether in yards, properties or landscapes.

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Green: Participate in some Winter Olympics — curl, luge, skate, ski. Each represents an event or discipline featured in the Winter Games, from the precision of curling to high-speed luge runs.

Blue: Common recyclables — bottle, box, can, newspaper. These are staple items routinely sorted for curbside pickup programs in communities nationwide.

Purple (hardest): What “draft” might refer to — breeze, on tap, recruit, sketch. The category plays on different senses of “draft”: a cool breeze, draft beer on tap, a military recruit or draft pick, and a preliminary sketch or draft document.

The puzzle’s 16 words were: fence, curl, bottle, breeze, gate, luge, box, hedge, skate, can, wall, ski, newspaper, on tap, recruit, sketch. Players reported that spotting the yellow category early often provided momentum, while the purple category rewarded those with broader vocabulary knowledge.

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Since its debut in 2023, Connections has become one of the New York Times’ most popular digital games alongside Wordle and the daily crossword. The simple premise — categorize 16 words into four groups of four — belies the challenge of discerning the sometimes obscure links. Editorials and player feedback highlight how the game promotes lateral thinking and vocabulary expansion in an accessible format.

Tuesday’s edition earned a moderate difficulty rating from the Times’ companion analysis, with many solvers completing it in under five minutes. Social media buzz included congratulations for perfect games and lighthearted complaints about the purple category’s ambiguity. One recurring theme in player discussions was appreciation for categories grounded in everyday life, such as recycling, which resonates with growing environmental awareness.

The New York Times Games team designs Connections with varying difficulty levels signaled by color: yellow for the most obvious, followed by green, blue and purple for the most challenging. This structure allows beginners and experts alike to engage, with the companion articles providing post-game hints and community conversation. For June 30, the companion noted the puzzle’s balance of accessible and clever groupings.

Connections reflects broader trends in word games that blend education and entertainment. Industry analysts point to the surge in such puzzles during and after the pandemic, as people sought mental stimulation and social connection through shared online experiences. The game’s daily release creates a ritual for millions, with streaks, shareable results and competitive leaderboards fostering community.

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For those looking to improve, experts recommend starting with obvious clusters — like sports terms or household items — before tackling more abstract links. Reading categories aloud or considering multiple meanings of words can unlock stubborn puzzles. Tuesday’s solution rewarded knowledge of both literal barriers and idiomatic uses of “draft.”

The popularity of Connections has extended beyond casual play. Educators incorporate similar grouping exercises into language arts curricula to build categorization skills and semantic understanding. Corporate team-building sessions have also adopted the format for icebreakers that encourage collaboration and creative problem-solving.

As with previous puzzles, Tuesday’s offering avoided overly obscure references, sticking to relatable concepts. The winter sports category tapped into recent Olympic memories and ongoing interest in seasonal athletics, while the recycling group aligned with public campaigns promoting sustainability. The “draft” category showcased the game’s strength in wordplay, requiring players to pivot between meteorological, beverage, military and artistic contexts.

Puzzle enthusiasts often compare Connections to other NYT offerings. While Wordle focuses on letter deduction within a constrained grid, Connections emphasizes thematic reasoning across a wider field. The variety keeps players returning daily, with some maintaining multi-year streaks.

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Looking ahead, the Times continues to refine the game based on user data and feedback. Future puzzles are expected to maintain the mix of straightforward and inventive categories that have defined its success. For those who missed Tuesday’s challenge, archives and companion pieces remain available on the NYT site for review and discussion.

The enduring appeal of Connections lies in its ability to surprise and satisfy. Whether solved over morning coffee or during a commute, it offers a brief but rewarding mental workout. Tuesday’s puzzle exemplified this balance, delivering satisfaction through its clear yet varied themes.

Players who enjoy Connections frequently pair it with the Mini Crossword or Spelling Bee for a complete morning routine. The game’s share feature, complete with colored emoji grids, has become a staple on platforms like X, Facebook and Instagram, sparking friendly competitions among friends and families.

In an era of short attention spans, Connections stands out by rewarding focus and pattern recognition. Its straightforward interface — a simple 4×4 grid — contrasts with the depth of possible connections, making each solve feel like a small victory. Tuesday’s edition, with its mix of physical, athletic, environmental and linguistic themes, captured the essence of what makes the game compelling.

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For newcomers, the best advice remains consistent across puzzle communities: trust initial instincts on easy categories, then methodically test remaining words against potential themes. Avoid random guessing to preserve lives, as the game allows only four mistakes before ending the session.

The New York Times has not released official play statistics for individual puzzles, but aggregate data shows millions of daily engagements across its games portfolio. Connections’ growth mirrors the broader renaissance of analog-style digital puzzles that emphasize skill over speed or luck.

As June draws to a close, Tuesday’s puzzle provided a fitting midweek challenge. Solvers who conquered the purple category particularly celebrated the layered meanings of “draft,” a word with rich associations across contexts. The solution’s elegance — simple once revealed, elusive at first — is what keeps players hooked.

Whether you’re a daily devotee or an occasional participant, Connections continues to deliver fresh intellectual entertainment. Check back tomorrow for the next installment, as the Times Games team prepares another round of thematic groupings designed to test and delight.

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