SpaceX launches record-breaking IPO, valued at $1.77 trillion
SpaceX has raised $75bn ahead of its stock market debut, setting a record as the world's largest IPO. The valuation has sparked debate, with some investors questioning whether the company is truly worth $1.77 trillion. Early shareholders who spent years accumulating SpaceX shares are now positioned for significant windfalls. The milestone further cements Elon Musk's influence in the space and financial industries.
Trump first vowed to strike Iran 'very hard' and seize its oil and gas sectors, then abruptly called off the attack. Observers are questioning whether the rapid about-face reflects a deliberate strategy or erratic decision-making. China has called for calmness and restraint amid the volatile situation. The conflicting signals have created uncertainty over the US-Iran trajectory.
Ukraine has intensified drone campaigns targeting Russian logistics along what is being called a 'highway of death.' A Canadian drone manufacturer that recently signed a production deal with Ukraine has come under threats from Russia. Moscow has branded Canada a 'warmonger' over the partnership. The drone program is proving critical to Ukraine's battlefield strategy.