Reliance Jio Platforms, the telecoms and technology arm of Indian billionaire Mukesh Ambani's conglomerate, opened India's largest-ever initial public offering on Wednesday, seeking $3.2 billion from investors. The listing is the second mega IPO to reach Indian markets within a month, arriving despite subdued broader equity trading.

SpaceX shares jumped after demand for its computing power exceeded expectations, lifting the broader artificial-intelligence stock group along with it. Elon Musk also hinted at a possible tie-up with Tesla in the same update.