Elon Musk’s SpaceX filed for a stock market debut on Wednesday that could become the largest IPO in history, seeking to raise up to $75 billion at a valuation of as much as $1.75 trillion, according to US media reports. Musk would remain CEO, CTO and chairman after the listing. Source link
Elon Musk’s SpaceX filed for an initial public offering on Wednesday, opening the books on the company that revolutionized rocket technology. The private rocket maker, satellite and artificial intelligence company plans to trade on the Nasdaq Stock Exchange under the ticker symbol SPCX, according to the IPO prospectus. Reports suggest that the company is targeting … Read more
In a touching image posted by influencers on the social media platform Instagram, a baby is lying on his stomach, sleeping, with arms and legs outstretched, relaxed. Parents share such photos publicly with emotional and intimate moments of their children, gaining significant attention, likes and followers. But are such pictures really good for the child? … Read more
US special envoy to Greenland Jeff Landry said on Wednesday Washington needed to rebuild its presence on the Arctic island, where the United States once operated 17 military facilities during the Cold War. President Donald Trump has repeatedly argued US control of Greenland is vital to prevent China or Russia gaining influence. Source link
Nigeria’s former electricity minister Saleh Mammen was arrested on Tuesday, days after being sentenced in his absence to 75 years in prison for embezzling 33.8 billion naira ($24.6 million), in what was widely described as a rare high-profile conviction. Prosecutors said the funds were the proceeds of illegal activity linked to Nigeria’s government-funded hydropower projects, … Read more
French-Italian auto group Stellantis and China’s Dongfeng have announced a plan to launch a joint venture based in Europe, with Stellantis having a controlling 51% stake. The deal would see Dongfeng’s new electric models assembled in Stellantis’ plant in western France to comply with the EU’s new “Made in Europe” rule that would require 70% … Read more
In tonight’s edition, first responders to DR Congo’s Ebola outbreak say that they’re struggling to source the basic supplies they need. And Kenyan campaigners give their government an ultimatum to deliver on promises to bring down the number of femicide. Source link
Iran’s National Security Council recently approved a plan to grant paid Internet access to certain groups, with daily usage limits on foreign websites and international data traffic. The internet has been shut down in Iran since the US and Israel launched attacks on the country on February 28. “Internet Pro” does not refer to any … Read more
The United States on Wednesday lifted sanctions on Francesca Albanese, a critical expert on Israel’s treatment of Palestinians, after a court order. A Treasury Department notice showed Albanese was removed from a sanctions blacklist that had effectively cut her off from global banking and credit card services. Source link
The United Nations General Assembly on Wednesday adopted a resolution reinforcing countries’ obligations to combat climate change, though the text was weakened under pressure from major greenhouse gas emitters. The move follows an advisory opinion by the International Court of Justice last year calling failure to meet climate commitments “unlawful” and raising the prospect of … Read more