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30-year Treasury yield holds near 5.27% after Bessent buyback expansion
U.S. public debt hit $40 trillion as Treasury doubled long-bond buybacks; the 30-year yield reclaimed ~5.27% levels last seen in 2007 while analysts debate soft-form financial repression.
U.S. Q2 growth slows to 1.5%; Apple posts $109.4B Q3 revenue
Soft GDP print lands beside another strong Apple quarter as energy-war shocks continue to cloud the outlook.
SpaceX IPO closes up 19%; Musk becomes first trillionaire
Nasdaq SPCX raises $75B — largest IPO ever; shares close $160.95; ~$2.1T market cap.
SpaceX prices record $75B IPO at $135 ahead of Friday debut
555.6M Class A shares; ~$1.77T valuation; Nasdaq SPCX trading set for June 12.
SpaceX steers up to 30% of record IPO shares to retail investors
Schwab, Fidelity, Robinhood, SoFi, E*Trade; Class A one-vote vs Musk ~82% Class B control.
OpenAI announces confidential S-1, joining Anthropic IPO race
~$850B+ valuation; timing undecided; SpaceX Friday Nasdaq debut looms same week.
