ASX soars on peace deal hopes | SpaceX’s stock market debut | Hismile fined

The ASX 200 has surged to a five-week high following comments from US President Donald Trump that a peace deal between the US and Iran is imminent; Elon Musk’s SpaceX raises US$75 billion ahead of its much-anticipated Nasdaq debut; and Australian oral health brand Hismile has been fined nearly $140,000 after the ACCC alleged the company made false and misleading representations in some of its social media ads SBS News is Australia's trusted news source for the latest news from Australia and across the world. Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au Follow SBS News on X: https://www.twitter.com/SBSNews Follow SBS News on Facebook: https://www.facebook.com/sbsnews Apple News: https://trib.al/MTx0gUe For the latest news, visit www.sbs.com.au/news Network Terms & Conditions: https://sbs.com.au/terms Privacy Policy: https://sbs.com.au/privacy Feedback or complaints: https://sbs.com.au/complaints