The RBA is tipped to keep rates on hold this morning; the Dow touched a new record, SpaceX shares leapt 16 per cent on their second day of trading. Follow updates here.

Wall Street ended higher as SpaceX surged 19 per cent in its Nasdaq debut, giving the company a valuation of over US$2 trillion.

The Australian sharemarket is set for an unsteady start amid a fresh escalation in tensions in the Middle East while SpaceX soared in its highly anticipated debut on Wall Street.

SpaceX shares extended gains in pre-market trading on Monday after a record-breaking IPO debut that pushed its valuation above $2 trillion last week. Investor optimism…