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  • 3 min read
  • SpaceX IPO targets June 12 on Nasdaq under the ticker SPCX at $135 per share.
  • The deal seeks $75 billion, ranking as the largest stock listing in market history.
  • Retail investors receive close to a 30% allocation, three times the normal mega-cap level.
  • Demand looks set to beat supply, so requested shares are not guaranteed.

SpaceX IPO excitement fills Wall Street as banks prepare for a record stock debut. JPMorgan Chase plans a Friday party while bankers finalize the company’s huge capital raise. The offering targets a June 12 trading debut on Nasdaq, using the ticker SPCX. Bankers set the price near $135 per share across about 556 million total shares. The deal seeks $75 billion at a company valuation close to $1.75 trillion overall. SpaceX’s largest IPO in history would beat every prior record on Wall Street. A wide 21-bank syndicate runs the offering under one internal name, called Project Apex. Goldman Sachs leads the deal, with Morgan Stanley and JPMorgan also taking top roles.

Retail investors win a bigger slice than usual

SpaceX IPO retail investors gain rare access through one of the biggest public allocations. The company reserves close to 30% of the offering for ordinary buyers, sources say. This level reaches three times the normal allocation seen in a giant company listing. At $75 billion, retail buyers might receive roughly $22.5 billion in newly available shares. Jamie Dimon, the JPMorgan CEO, said Musk is treating small buyers like big institutions. Even so, requesting shares never guarantees an investor will win a full final allocation.

How to buy the SpaceX IPO through your broker

Several major brokerages now offer entry, including Charles Schwab, Fidelity, Robinhood, E-Trade, and SoFi. Fidelity lets customers request shares with as little as $2,000 in a brokerage account. Charles Schwab requires a higher bar, asking clients to hold at least $100,000 first. If you want to learn how to buy SpaceX IPO shares, start with your brokerage app. You submit a conditional order, then confirm it before the listing morning deadline arrives. Robinhood recently won approval to act as an underwriter on future public stock offerings. The Robinhood app pushes its IPO Access feature to attract younger, first-time market participants.

SpaceX IPO price and the fight for shares

Demand for SpaceX shares looks set to top the supply in the pre-IPO pool. Many buyers will receive fewer shares than requested when their orders pile up fast. The SpaceX IPO price sits at $135, yet early demand signals point much higher. On Hyperliquid, pre-IPO futures price the stock near 20% above the listed entry level. Renaissance Capital strategist Matthew Kennedy warned about weak signals from a soft first-day return. He said a gain under 10% would show the deal runs less hot than hoped.

What the SpaceX IPO means for you

Musk keeps tight control, owning about 42% of equity and 85% of voting power. Public buyers, therefore, enter a company where one single person holds clear final authority. Lockup rules block most insiders from selling for about 90 to 180 full days. Selling within 15 days, known as flipping, can limit your future IPO deal access. Stocks have wobbled lately, with the S&P 500 down about 3% over five days. From my standpoint, the weak market raises the stakes for this record stock debut greatly. You should request shares early, yet plan for a smaller fill than you want. Watch the pricing after Thursday’s close, then track the first Nasdaq trades on Friday.

TAGS
  • Capital, Elon Musk, IPO, SpaceX

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Midterms Hub by Kalshi
  • Prediction Market

The Midterms Hub by Kalshi gives you one place to watch how traders expect the 2026 elections to end. Kalshi is a prediction market platform. A prediction market lets people buy and sell contracts tied to a real event, so the price reads like live odds. The company opened the hub on Wednesday.

What the Midterms Hub by Kalshi shows

Open the page, and you see a map of the country. Each race carries a number, the current 2026 midterm election odds from Kalshi’s traders. The map covers individual Senate and House contests, plus several governor races. All 435 House seats are on the ballot this November, along with 35 of the 100 Senate seats. You can also check polling averages next to the market odds, which lets you compare two very different ways of reading a race. The hub adds the latest federal fundraising reports for candidates and a feed of curated news and analysis.

Most of the traffic is not from bettors. Kalshi said about three-quarters of its visitors come only to check current odds and never trade. That is the audience the hub targets, readers who want the data without placing money. The Midterms Hub by Kalshi gives them a single, plain view of every race.

Why prediction markets, not polls

Kalshi’s pitch leans on a simple idea. When people risk real money, they tend to say what they think will happen, not what they hope will happen. CEO Tarek Mansour argued in a statement that prediction markets resist spin and partisanship, showing what the crowd believes when real money is on the line. “That kind of clarity is rare right now, and that’s what people are getting with the Midterms Hub,” Mansour said.

Mansour studied at MIT and worked as a trader at Citadel and an analyst at Goldman Sachs. His argument is that market prices resist political bias better than surveys. Polls capture one moment, while market prices move all day as news breaks. That claim is contested, and polls and markets often disagree, so the hub shows both side by side.

A bigger political push

The Midterms Hub by Kalshi is the newest step in the company’s move into politics before November. In May, Kalshi rolled out the American Power Index, which it called an “S&P 500” for politics. The index tracks which party is up and which is down. Kalshi runs as a federally regulated exchange in the United States, where insider trading and market manipulation are illegal.

Money already in play

Interest in these platforms tends to climb during big elections. Many observers expect the 2026 midterm season to bring another jump in prediction market volume, much like the 2024 presidential race did. The money is already moving. More than $30 million has been traded on contracts tied to Senate and House control for 2026.

If you want to compare sources, you have options. Some readers track Kalshi vs Polymarket odds to see whether two markets land on the same number. When both agree, the read tends to feel firmer. For now, the Midterms Hub by Kalshi keeps that election forecasting in a single spot, alongside the polling, money, and news around each race.

  • 3 min read
Buy Now Pay Later
  • Digital Payments

Buy Now Pay Later records from Tabby and Tamara will enter UAE credit reports from July 2026, changing how lenders read the finances of people who split payments into instalments, WAM announced today. Etihad Credit Bureau, the federal body that oversees credit information in the country, said the accounts of both current and new customers will be covered, along with relevant historical transactions. The move brings a fast-growing corner of consumer finance under the same reporting rules that already apply to loans, cards, and mortgages.

Buy Now Pay Later plans once sat outside the formal record. A shopper could hold several active instalments without any of them showing on a UAE credit report. That gap made it harder for banks to gauge how much a borrower owed. Now the picture becomes fuller.

Who governs the data?

The question behind this shift is not only about spending. It is about who holds the record and who answers for it. Etihad Credit Bureau sits at that centre, and its decision places two of the region’s largest fintech names, Tabby and Tamara, inside a regulated framework rather than beside it.

The Central Bank of the UAE recognised instalment schemes as a form of short-term credit in 2023. Under those rules, providers must check a borrower’s credit report once a total credit limit passes 5,000 dirhams. Late fees on these plans are capped at 30 percent of the purchase under central bank rules, and the plans carry no interest. Adding instalment data to the file makes that check sharper. Lenders and authorised entities can weigh a person’s full set of commitments before they approve more.

Marwan Ahmad Lutfi, Director General of Etihad Credit Bureau, said the Bureau wants credit reports to reflect the way consumer finance now works, with a broad view of what a person owes. His framing puts governance first. Better data, he argued, supports steadier decisions across the system.

Does BNPL affect credit score?

A common question among shoppers, does BNPL affect credit score, now has a firmer answer. Missed instalments could lower a score, while steady repayment could help build one. The UAE credit score runs from 300 to 900, and the report behind it is what lenders read to explain the number.

Hosam Arab, CEO and Co-founder of Tabby, said responsible lending starts with a clear view of a person’s money, and that customers who pay on time can now let that record count toward their wider standing. Sagar Shah, General Manager for Tamara in the UAE, tied the step to trust, saying it widens the door for more people to take part in the financial system.

What it means for the BNPL UAE market

The buy now pay later UAE market has expanded quickly as shoppers reach for interest-free instalments on everyday purchases. Bringing that activity into the credit file rewards discipline and exposes strain earlier. For new-to-credit customers, a clean instalment history can open a path toward loans and cards that once stayed out of reach.

Etihad Credit Bureau framed the addition as part of a longer effort to work with banks, fintech firms, and other data providers. The aim, in its account, is a credit system that sees more and misses less.

  • 3 min read
Besiktas' offer for Mohamed Salah
  • Mohamed Salah

Besiktas’ offer for Mohamed Salah now rests on a single decision, with the Istanbul club setting a 24-hour window for the Egyptian forward to reply. The proposal runs across two seasons and reflects a level of spending rarely seen in the Turkish Super Lig. According to a report carried by beIN Sports, the club put forward a guaranteed annual salary of €15 million, along with performance bonuses of around €4 million. The agreement is also said to include clauses covering image rights. These figures come from Turkish media, and neither side has confirmed them in public.

What do the numbers show?

If every incentive triggers, Salah’s yearly income could climb to between €19 million and €20 million. Across the full term, that would take the total Mohamed Salah Besiktas contract commitment past €40 million. Reports describe the guaranteed figure as a net €15 million, a request Salah’s side raised early in the talks. The Salah salary on the table would place him among the highest earners in the league by a wide margin. Besiktas appears ready to absorb that cost to bring in a forward of his standing.

The Mohamed Salah Liverpool departure earlier in the summer sent one of the game’s most productive forwards onto the open market. His nine-year spell at Anfield brought more than 250 goals and a full set of domestic and European honors. That record explains the interest that followed his exit. Salah’s free agent status removed any transfer fee from the picture, which widened the field of possible destinations and shaped the terms now under review.

Rival interest in the background

Before the Turkish talks advanced, Salah drew interest from the Saudi Pro League and from clubs in Major League Soccer, according to widely reported accounts. Those options let the 34-year-old weigh location, level of competition, and long-term plans against the Istanbul proposal. For now, reports place Besiktas as the most concrete of the suitors. Besiktas’ offer for Mohamed Salah reaches a deadline.

After the financial package landed, attention shifted to Salah and his agent, Ramy Abbas, as Besiktas waited for a final answer. Journalist Sercan Dikme reported the two sides had moved forward on several points before the club asked for a clear response within 24 hours. Club president Serdal Adali framed the proposal as the club’s final offer and said Besiktas weighed each requested change against its own interests. Besiktas’ offer for Mohamed Salah carries a firm timeline, and Adali told Turkish media the decision now sits with the player. That deadline points to Monday evening.

What the Besiktas transfer means

For a club measuring itself against Galatasaray and Fenerbahce, adding Salah would signal clear intent. The latest Besiktas transfer news suggests the gap between the two sides narrowed through repeated rounds of talks. Besiktas has worked to build a stronger front line, and a forward with Salah’s output would change the club’s attacking shape. Whether Besiktas’ offer for Mohamed Salah closes will depend on how the forward reads the choice in front of him. A response is expected soon.

  • 3 min read
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