> ## Content Index
> Fetch the complete content index at: https://adjacent.media/llms.txt
> Use this file to discover other available public pages before exploring further.

# Evening Scan
- URL: https://adjacent.media/scan/2026-06-12-pm/
- Published: 2026-06-12T23:06:27.000Z
- Updated: 2026-06-12T23:06:27.000Z
- Description: SpaceX began trading on Nasdaq today under SPCX after raising $75 billion — the largest IPO in history. Oracle still hasn’t patched the PeopleSoft flaw ShinyHunters used to breach 100+ organizations, a reminder that legacy enterprise software remains a critical vulnerability.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

SpaceX began trading on Nasdaq today under SPCX after raising $75 billion — the largest IPO in history. Oracle still hasn't patched the PeopleSoft flaw ShinyHunters used to breach 100+ organizations, a reminder that legacy enterprise software remains a critical vulnerability.

> **$2.2B** — The slice of SpaceX's IPO that went to Japanese retail investors alone. *(The Next Web)*

---

#### [SpaceX's $75B IPO Is the Biggest Ever — Here's How It Compares](https://www.nytimes.com/2026/06/12/business/spacex-biggest-ipos-elon-musk.html?ref=adjacent.media) (paywall)

Saudi Aramco held the record for six years; SpaceX erased it on day one of trading. *(NYT)*

#### [Oracle Warns of Critical PeopleSoft Flaw After 100+ Organizations Were Breached](https://techcrunch.com/2026/06/11/oracle-warns-of-security-bug-that-hackers-abused-to-breach-100-companies/?ref=adjacent.media)

ShinyHunters claimed the breaches; Oracle confirmed the vulnerability — and still hasn't shipped a patch. *(TechCrunch)*

#### [Kioxia Replaces Toyota as Japan's Most Valuable Company](https://www.bloomberg.com/news/articles/2026-06-12/kioxia-becomes-japan-s-most-valuable-firm-as-ai-mania-goes-on?ref=adjacent.media) (paywall)

A memory chipmaker dethroning an automaker as the nation's most valuable company tracks the shift in capital allocation toward semiconductors. *(Bloomberg)*

#### [More Than 500 Ships Remain Stranded in the Persian Gulf](https://www.nytimes.com/2026/06/12/business/strait-hormuz-ships-iran.html?ref=adjacent.media) (paywall)

With oil reserves draining and no peace deal in sight, the Hormuz blockage is becoming a supply chain story as much as a geopolitical one. *(NYT)*