2.3K views
4 months ago General
The ASX and global share markets surged in response to Donald Trump's repeated claims a peace deal with Iran is imminent. That's despite the US President making these claims more than 30 times since the start of the Iran war.
Meanwhile, Elon Musk's SpaceX made history by raising a record $US75 billion through its initial public offering (IPO), even though his business is overvalued by traditional company valuation metrics, as explained by David Chau.
#ABCBusiness
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-06-12/asx-markets-business-news-live-updates/106789264
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia