SpaceX IPO sparks trillion-dollar moment as Iran deal looms and Warsh takes the Fed helm
SpaceX's IPO priced at $150 and valued the company at about $2.1 trillion, while news of a prospective US-Iran interim peace deal aims to reopen the Strait of Hormuz; the week also centers on Kevin Warsh's first Fed meeting, expected to keep rates steady while inflation and AI-driven growth shape policy, with a light calendar of data and earnings (including Accenture) that could influence sentiment and energy prices.