1:00 PM Flash: SpaceX Poised to Make Elon Musk First Trillionaire as S&P 500 Surges
One PM Flash. Wall Street is pushing higher at one o'clock this afternoon. The S and P five hundred is currently at seven thousand four hundred ninety five point two seven, up sixty two point three points, or zero point eight four percent. The VIX is trading at sixteen point six one, down zero point nine zero percent. Gold is at four thousand five hundred twenty five dollars. W T I crude is at ninety five dollars and thirty three cents, and Bitcoin is currently at seventy six thousand seven hundred thirty dollars. Breaking Alert: In what could be the largest stock market flotation of all time, SpaceX is preparing for a move that financial experts say could make Elon Musk the world's first trillionaire. Our analysts are already outlining how a SpaceX investment could dramatically boost retail investor portfolios in the months ahead. The development is providing a clear tailwind for risk assets and helping lift the broader market this afternoon. Prosper is also making waves by boosting the rate on its one year fixed savings account to four point eight five percent, raising the question of whether it now represents a best buy for savers. In other news, the YouTube Kids sensation Danny Go is mourning the heartbreaking loss of his fourteen year old son Isaac, who passed away following a battle with aggressive mouth cancer and a rare genetic disorder. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.