This week, the market left us with a rather intense mix: historic highs, fortunes that are hard to comprehend, central banks that haven't been able to deal with inflation, and a company that, despite reporting good numbers, remains under pressure.
For now, here is what you need to know:
Surprise: we're pregnant!
SpaceX debuts on the stock market with a historic IPO.
Elon Musk, the world's only member of the “Trillionaires' club”.
Unexpected turn: European Central Bank raises interest rates.
Adobe shares plummet (even further) following earnings report.
1️⃣ Surprise: we are pregnant!
This might not be a "financial event" of the week, but we wanted to share the news with you: we are going to be parents!
Even though we have been keeping the secret for several months, we didn't want any more time to pass without sharing it. These have been months of many changes and new processes, but we are truly excited for this new stage, which is going to change our lives forever, for the better. 🫶🏼
And yes, the financial impact is coming... (we have already felt it), but with a lot of planning, we think we are ready for it, just in case the baby doesn't come with a silver spoon. 💪🏼
And also, if you're wondering if we are going to expand our content to family finance: yes, of course.
Soon we will have mini Endeuda2 with us!
2️⃣ SpaceX debuts on the stock market with a historic IPO
There is no doubt that this was the news of the week. On Friday, June 12, SpaceX debuted on the Nasdaq under the ticker SPCX, and it was no ordinary IPO; in fact, it broke the record for the largest IPO in history.
The company raised about $75 billion dollars and debuted with a valuation close to $1.75 trillion dollars (on the short scale).
With so much demand for its shares, the price reached up to $176 per share to close its first day in the $160 range, already positioning itself as one of the largest public companies in the world.
💡 What you should know: Investors are not just buying a space rocket company, they are looking much further ahead: Starlink, space contracts, artificial intelligence, defense, satellites and, of course, Musk's promise to take us to Mars. But there is also the fine print: SpaceX arrives on the market with an ultra-demanding valuation, and still with doubts about profitability, huge investments, and a heavy dependence on Musk.
3️⃣ Elon Musk, the world's only member of the “Trillionaires' club”
On paper, the trillionaires' club has just opened (on the short scale). The curious thing is that for now, it only has one member. And it seems he is not accepting new applications.
Elon Musk became the first person to surpass a net worth of $1T dollars. The figure is, to put it one way, ridiculous.
Even a net worth of $1B is hard to imagine. Now let's multiply that by 1,000. Most of us simply don't have the mental framework to process that level of wealth.
And of course, this opened up the usual debate: is it morally acceptable for a single person to accumulate a fortune of that magnitude? The question is valid. But there is also a part of the story that almost no one is talking about.
Every time Tesla or SpaceX is mentioned, the focus usually goes to the same place: Elon Musk's fortune. And yes, the figure is absurd. But his companies have also been a giant wealth-creation machine for other people.
With SpaceX's stock market debut, it is estimated that more than 4,400 employees and former employees became millionaires, and about 400 were left with stakes exceeding $100 million. This is crazy.
To that we must add Tesla, whose shares have probably created tens of thousands of millionaires among employees and investors who held on to their stock over time.
Today, Tesla and SpaceX jointly employ more than 150,000 people globally. And in many engineering, software, artificial intelligence, aerospace operations, etc., roles, compensation can exceed $120,000 a year, and even reach $300,000 or more, before counting stock compensation.
💡 What you should know: Musk's fortune will continue to be the headline. But the less obvious fact is that he is not the only one who has benefited. Being close to high-growth companies, industries, and opportunities can also completely change many people's financial lives, including yours. 😉
4️⃣ Unexpected turn: European Central Bank raises interest rates
While many expected central banks to keep lowering the cost of money, or at least leave it as is, the European Central Bank decided to do the opposite: it raised its interest rates for the first time in nearly three years.
The ECB raised its key rate from 2% to 2.25% in response to the rebound in inflation caused by rising energy prices.
The ECB's concern is that the energy shock will stop being a one-off and start spreading to the rest of the economy, from wages to the prices of goods and services.
Increasing interest rates makes credit more expensive, cools consumption, and lowers the temperature of the economy. The problem is that doing so at this moment also has its risks, because Europe is already experiencing weak growth and raising rates too quickly could deepen the slowdown.
💡 What you should know: The ECB's move dismisses the idea that the major central banks were going to cut rates at the same time. While the Fed seems more inclined to wait, Europe decided to act first. The message seems clear: cheap money probably won't return as fast as many hoped.
5️⃣ Adobe shares plummet (even further) after earnings report
Adobe had one of those reports that, in theory, investors should like: record revenue, higher-than-expected earnings, and a more optimistic annual guidance.
But the market reacted by saying: "Mmm yes, but no."
Adobe shares fell again and hit their lowest level in years. So far in 2026, it has fallen more than 40% and just this week after its report, it fell around 12%.
The reason? Investors are not just looking at today's numbers, but rather the question that has been asked for months: can Adobe defend its business in the middle of the artificial intelligence era?
The company is aggressively pushing its AI tools and betting on a more "freemium" model, letting more users try its products before paying. That can be good for growing users, but it also raises the typical question: when is all this going to translate into revenue?
To make the timing worse, Adobe also announced the departure of its CFO, which caused even more noise just as the market was already nervous about competition from new artificial intelligence tools.
💡 What you should know: Adobe is still a huge and profitable company, but its stock is paying the price for a narrative that seems broken. In this era, reporting good numbers is no longer enough. Investors want proof that those new users are going to turn into money.
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