Live: ASX to fall, SpaceX eyes mega IPO

The Australian stock market, ASX, is expected to open lower following an overnight decline on Wall Street, driven by diminishing hopes for a quick resolution to the tensions in Iran. This shift in global sentiment could impact investor confidence and economic outlooks. Meanwhile, SpaceX is making headlines with its ambitious plans for a mega initial public offering, which could revolutionize the space industry and attract significant investor interest. The juxtaposition of these events underscores the interconnected nature of global markets and emerging tech sectors.