Welcome to Markets Desk, let's get you caught up on what's moving.
Germany's DAX hit a fresh record high Friday, with easing inflation fears and shifting rate expectations giving investors the confidence to put money back to work. The move reflects a broader repricing of European risk as markets grow more comfortable with the policy path ahead.
Across the Atlantic, SpaceX's lockup structure is drawing serious attention. Elon Musk cannot sell a single share for a full year following the company's historic eighty-six billion dollar IPO, but when those restrictions lift, roughly twelve and a half billion shares come unlocked in what analysts are calling one of the most complex post-IPO supply events in market history. That's a wall of potential selling pressure worth watching closely.
And in the satellite connectivity space, AST SpaceMobile surged twenty-one percent after Japan announced a nine hundred twelve million dollar subsidy tied to a Rakuten-led direct-to-device satellite project. The move puts AST's partnership with Rakuten squarely back in focus and signals that government-backed broadband infrastructure spending is becoming a real catalyst for this sector.
That's the tape. Markets Desk, signing off the floor.
