Wall Street Brunch: SpaceX IPO, WWDC And CPI

SpaceX starts trading on Nasdaq Friday at $135 per share for 555.6M shares, valuing the company at $1.8T. The offering receives $150B in orders, more than double the $75B raised. Aswath Damodaran estimates equity value at $1.3T, citing questionable AI market assumptions. Apple holds WWDC on Monday to unveil Apple Intelligence, Siri and AI monetization. Wedbush forecasts $75 to $100 share price gain from Siri AI monetization.