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rental listings July 24th through June 2025. Number one trusted based on August 2025 proprietary survey

among real estate professionals. Here's your afternoon TNB Tech Minute for Monday, June 15th. I'm Julie

Chang for the Wall Street Journal. Shares of SpaceX closed up

nearly 20% today. Elon Musk's company debuted on the NASDAQ last week and pulled off the largest

initial public offering ever. In a press release today, SpaceX said it raised $85.7 billion in its IPO.

That's up from the $75 billion that the company initially sold in its public offering on Friday. The additional proceeds come from underwriters

exercising their so-called green shoe option, an over-allotment of more than 83 million additional

shares. Plus, we exclusively report that Australia's richest person, Gina Reinhardt, has acquired a stake

in SpaceX valued at over $1 billion.

This marks the largest non-iron ore investment for her company, Hancock prospecting, which is

one of the world's biggest exporters of the

steelmaking commodity. In email remarks today, Reinhart expressed confidence in Musk and emphasized

the need to keep investing in Western tech and innovation. Reinhart didn't specify the value of the

investment, but a person familiar with it said it was valued at over a billion dollars.

Finally, Bitcoin appears to be benefiting from the U.S.-Iran peace deal. The cryptocurrency jumped to

about $66,500 today, touching its highest level in nearly two weeks. That helped lift shares of

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