Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAmalya Dubrovsky , Karen Friar and Jake ConleyUpdated Fri, June 12, 2026 at 4:03 PM GMT+2 1 min readUS stocks wavered in early trading on Friday as SpaceX (SPCX) readied for its historic debut, while investors assessed reports that the US and Iran are closing in on an interim peace deal.The Dow Jones Industrial Average (^DJI) rose 0.2%, while the S&P 500 (^GSPC) hovered around the flat line. The tech-heavy Nasdaq Composite (^IXIC) fell 0.3% following a surge in Wall Street stocks on Thursday as President Trump called off threatened strikes on Iranian targets.SpaceX (SPCX) is set to begin trading on Friday in what will almost certainly be the biggest IPO in history. Investors' expectations for the stock are sky-high, and anything less than a sizable first-day gain will draw scrutiny.The company, which aims to put AI data centers in space, priced its shares at $135 each, raising about $75 billion and giving it an anticipated market capitalization of $1.77 trillion. At that value, CEO Elon Musk is set to become the