Xi Steps Up Call to End Iran War, SpaceX’s Mega-IPO Bank Lineup | The Opening Trade 5/20/2026

Chinese President Xi Jinping warned against resuming military operations in the Middle East, as talks got underway with his Russian counterpart Vladimir Putin in an effort to reinforce bilateral ties in the shadow of wars in Ukraine and Iran. Goldman Sachs has the leading role on the cover of SpaceX’s initial public offering, according to people familiar with the matter, giving the firm a prominent position in potentially the biggest listing of all time. The Opening Trade has everything you ne...