Markets face a packed agenda in the days ahead, with investors preparing for a potentially record-breaking SpaceX IPO, crucial U.S. inflation figures, a European Central Bank policy decision, and earnings reports from technology giants Oracle and Adobe that could offer fresh insight into the strength of the artificial intelligence theme.
1. SpaceX prepares for landmark market debut
SpaceX (NASDAQ:SPCX) is expected to launch its long-awaited initial public offering this week, with Elon Musk’s space and satellite company aiming to raise a record $75 billion in a transaction that would value the business at approximately $1.75 trillion.
According to Reuters, pricing is expected on June 11, with trading on the Nasdaq likely to begin the following day.
The flotation could cement Musk’s status as the world’s first trillionaire and has been described by some analysts as a significant investment opportunity tied to both Musk and the artificial intelligence sector. SpaceX recently acquired xAI, the AI company behind the Grok chatbot.
Determining an appropriate valuation remains challenging. Reuters reported that SpaceX generated revenue of $18.67 billion in 2025, up 33% from the previous year, but recorded a net loss of $4.94 billion.
Commenting on the IPO, Seraphim Space said it represents a “significant milestone for the global space sector, marking its transition from a future-facing theme into an established, investable asset class within public markets.”
2. Inflation data could shape expectations for Fed policy
Investors will also be closely monitoring the latest U.S. consumer price index figures, scheduled for release on Wednesday.
Economists expect annual inflation to accelerate to 4.2% in May from 3.8% in April. On a monthly basis, CPI is forecast to ease to 0.3% from 0.6%.
Core inflation, which excludes food and energy prices, is projected to rise 2.9% year-on-year and 0.5% month-on-month.
The figures arrive at a time when renewed military tensions between Iran and Israel have heightened concerns about energy prices and inflation risks, potentially influencing the Federal Reserve’s future policy decisions.
3. ECB set to announce interest rate decision
The European Central Bank is also expected to be in focus this week as policymakers respond to the inflationary impact of higher energy prices.
Oil prices remain significantly above levels seen before the conflict in the Middle East, as diplomatic efforts to reopen the Strait of Hormuz and secure a lasting peace agreement have so far delivered little progress.
Many economists believe the ECB could become the first major central bank to raise interest rates since the outbreak of the Iran conflict in late February.
