Tech stocks today: SpaceX becomes more valuable than Tesla

Tech stocks roseate connected Monday aft the US and Iran agreed to a ceasefire, buoying wide markets connected optimism that the four-month-long warfare that has weighed connected the planetary system could statesman to upwind down.

Following its blockbuster nationalist debut connected Friday, investors volition beryllium intimately watching however SpaceX (SPCX) shares unfastened and commercialized passim this holiday-shortened week for further bullish signs. SpaceX's IPO was the largest successful history, making the rocketry and outer institution much invaluable than Tesla (TSLA) and making Elon Musk the world's archetypal trillionaire.

It besides sets the signifier for 2 different high-profile IPOs that could travel arsenic aboriginal arsenic this year, from the ascendant AI startups OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT). Both person confidentially filed paperwork to spell public, mounting up a showdown betwixt the rivals.