QtrendsSpaceX launches a record-breaking $75bn IPO, making Elon Musk the world's first trillionaire as the company dwarfs historic public offerings. Trump hosts a UFC fight at the White House and simultaneously navigates a volatile US-Iran conflict — launching air strikes on Iran, then abruptly calling them off while claiming a peace deal is imminent. Europe faces criticism for blaming China's economic growth for its own structural failures, even as yuan-denominated trade gains traction globally.
Elon Musk's SpaceX has raised $75 billion ahead of what is being called the world's largest stock market launch, cementing Musk's status as the first trillionaire. The IPO dwarfs historic listings, with analysts comparing its scale to the biggest public offerings in global financial history. Meanwhile, questions arise over whether China can produce a similar achievement.
President Trump has decided to host a UFC fight at the White House, marking an unprecedented use of the presidential residence. The blockbuster event features Topuria versus Gaethje and will take place on the White House lawn with the US president in attendance. The move blends sports spectacle with political symbolism.
The United States has launched new strikes on Iran, which retaliated by firing on Gulf states and Jordan, escalating tensions across the Middle East. The strikes mark a second consecutive day of US military action against Iran. The situation remains highly volatile as both sides continue trading fire.
President Trump has called off further strikes on Iran, citing a breakthrough in talks to end the ongoing war. Tehran, however, says 'nothing' has been finalized despite Trump's claim that a peace deal is near. Trump now says a signing is expected within days, but the gap between both sides' statements remains wide.
A think tank report criticizes Europe for blaming China's economic rise for its own structural failures rather than addressing domestic problems. At the same time, a yuan poll shows 95% of overseas firms expect to sustain or boost their use of the Chinese currency, and Beijing signals it seeks greater imports from Europe.