With the media frenzy surrounding the public listing of Elon Musk’s SpaceX sizzling, there’s a serious risk that investors piling into the world’s largest IPO will get burned – especially the retail crowd.
U.S. authorities were responding on Thursday to what appeared to be a large tracing of “8647” into the grounds of the National Mall in Washington, D.C.
Oppenheimer became the first global brokerage to start coverage of SpaceX , ahead of the rocket and AI company’s highly anticipated $75 billion market debut on Friday.
SpaceX’s market debut on Friday is expected to be the largest-ever IPO, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and internet beamed from orbit and which now targets space-based AI.
President Donald Trump said on Thursday he wants to take over Kharg Island, Iran’s oil infrastructure hub. Analysts say the U.S. military could seize the island quickly, but the move could leave U.S. troops in great peril and prolong rather than shorten the war.
SpaceX is more widely recognized than legacy Apollo-era companies.
Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world’s largest importer, needs much less fuel than previously thought.
Deep in an underground bunker, where walls of screens stream live data from across the battlefield, the commander of Ukraine’s drone forces is poring over terabytes of information to map out his next campaign: cutting Crimea off from Russia.
The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope of curbing inflation before a surge in energy costs triggered by the Iran war spreads more broadly across the euro zone economy.
Iran is waging a calculated campaign to preserve Lebanon as its last bastion of influence on the Mediterranean, tying the country’s fate to a grand bargain with Washington as it seeks to end Hezbollah’s war with Israel on its own terms, not Beirut’s.