ASX soars as oil hits two-month low; SpaceX raises $106b in record-breaking IPO; Housing slump smashes stamp duty

ASX soars as oil hits two-month low; SpaceX raises $106b in record-breaking IPO; Housing slump smashes stamp…

SpaceX raised $106 billion in a record-breaking IPO, the largest capital deployment for a space-infrastructure venture. For CTOs, this validates satellite and edge-AI infrastructure as foundational, influencing compute architecture and cloud vendor evaluation.