Stocks to Watch: SpaceX, Paramount

Dow Jones

06/13

By Connor Hart

SpaceX made its public debut Friday in the largest initial public offering ever. The company, which was valued at $1.77 trillion after it sold $75 billion worth of shares a day earlier, ended its first day of trading with a market value of $2.1 trillion, putting it ahead of Broadcom and Tesla to make it the sixth-most valuable public company in the U.S. Shares rise 3.1%, to $165.99, in after-hours trading.

The Justice Department cleared Paramount's $81 billion purchase of Warner Bros. Discovery, removing one hurdle for the entertainment companies' megadeal. Paramount shares rise 3% to $10.79 in post-market trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 12, 2026 18:48 ET (22:48 GMT)

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The company, which was valued at $1.77 trillion after it sold $75 billion worth of shares a day earlier, ended its first day of trading with a market value of $2.1 trillion, putting it ahead of Broadcom and <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> to make it the sixth-most valuable public company in the U.S. Shares rise 3.1%, to $165.99, in after-hours trading. \n</p>\n<p>\n  The Justice Department cleared Paramount's $81 billion purchase of Warner Bros. Discovery, removing one hurdle for the entertainment companies' megadeal. 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Paramount shares rise 3% to $10.79 in post-market trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 12, 2026 18:48 ET (22:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}