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The Economic Times

Business

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'

Jim Chanos SpaceX Tesla Inc. Elon Musk

Prominent short seller Jim Chanos took aim at the highly anticipated IPO of SpaceX, warning the Elon Musk-led space company's offering is fueled by "hopes and dreams" that do not justify its astronomical valuations.

SpaceX is set to go public in New York on Friday following an offering that seeks to raise $75 billion at a valuation of $1.75 trillion. Itis set to be the largest initial public offering, dwarfing the 2019 Saudi Aramco ‌listing by nearly threefold.

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Top stories on inkl right now

What to Know About Ohio State’s Backup Quarterback After Julian Sayin Injury

What to Know About Ohio State’s Backup Quarterback After Julian Sayin Injury

With Sayin expected to miss several weeks due to a right shoulder injury, who will the Buckeyes turn to under center?

Sports Illustrated

'France, truly, is on the brink' and just days away from a make-or-break moment in its debt crisis, analyst warns, as protests turn into riots

'France, truly, is on the brink' and just days away from a make-or-break moment in its debt crisis, analyst warns, as protests turn into riots

"France could be forced to seek assistance from the International Monetary Fund and to pray for it from the European Central Bank — a humiliation for the world’s seventh-biggest economy."

JD Vance’s town hall test: Iran war, gas prices and immigration put him on the spot

JD Vance’s town hall test: Iran war, gas prices and immigration put him on the spot

At a recent CBS News town hall, Vice President JD Vance confronted voter concerns regarding Donald Trump's policies. He engaged with issues such as soaring gasoline prices, the ramifications of the Iran war, and strategies for immigration enforcement. Vance admitted some troop deployment errors, linking high gas costs to recent…

The Economic Times

Arizona joins Nevada to fight proposed cuts to their shares of Colorado River

Arizona joins Nevada to fight proposed cuts to their shares of Colorado River

Move comes after Trump administration announced restrictions that could slash water supplies

The Guardian - US

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Many deaths and injuries in explosion and fire at Canadian military base

Many deaths and injuries in explosion and fire at Canadian military base

‘I cannot recall an incident like this in recent memory,’ says Canadian defence minister

The Independent UK

Catching Larson in the NASCAR Chase has to start at track where 'I suck'

Catching Larson in the NASCAR Chase has to start at track where 'I suck'

Denny Hamlin and Christopher Bell must capitalize the next two weeks

Related Stories

Top stories on inkl right now

What to Know About Ohio State’s Backup Quarterback After Julian Sayin Injury

What to Know About Ohio State’s Backup Quarterback After Julian Sayin Injury

With Sayin expected to miss several weeks due to a right shoulder injury, who will the Buckeyes turn to under center?

Sports Illustrated

'France, truly, is on the brink' and just days away from a make-or-break moment in its debt crisis, analyst warns, as protests turn into riots

'France, truly, is on the brink' and just days away from a make-or-break moment in its debt crisis, analyst warns, as protests turn into riots

"France could be forced to seek assistance from the International Monetary Fund and to pray for it from the European Central Bank — a humiliation for the world’s seventh-biggest economy."

JD Vance’s town hall test: Iran war, gas prices and immigration put him on the spot

JD Vance’s town hall test: Iran war, gas prices and immigration put him on the spot

At a recent CBS News town hall, Vice President JD Vance confronted voter concerns regarding Donald Trump's policies. He engaged with issues such as soaring gasoline prices, the ramifications of the Iran war, and strategies for immigration enforcement. Vance admitted some troop deployment errors, linking high gas costs to recent…

The Economic Times

Arizona joins Nevada to fight proposed cuts to their shares of Colorado River

Arizona joins Nevada to fight proposed cuts to their shares of Colorado River

Move comes after Trump administration announced restrictions that could slash water supplies

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Many deaths and injuries in explosion and fire at Canadian military base

Many deaths and injuries in explosion and fire at Canadian military base

‘I cannot recall an incident like this in recent memory,’ says Canadian defence minister

The Independent UK

Catching Larson in the NASCAR Chase has to start at track where 'I suck'

Catching Larson in the NASCAR Chase has to start at track where 'I suck'

Denny Hamlin and Christopher Bell must capitalize the next two weeks

Our Picks

‘A key artist in her own right’: wallpaper and fabrics designer emerges from William Morris’s shadow

Creativity and influence of Morris & Co designer Kate Faulkner to be detailed in Cambridge exhibition

The Guardian - UK

Mark Cuban is worth $10 billion—but in college, he paid for junior year with a dorm-room chain letter he admits was ‘basically a scam’

Cuban, who grew up in a working-class family, says his early hustles laid the groundwork for a career that took him from a crowded Dallas apartment to billionaire status.

Art dealer who sold forged Warhols sentenced to nearly four years in prison

Leslie Roberts, 62, who created fraudulent invoices and authentication documents, also ordered to repay $2.6m

The Guardian - US

Total Ultraprocessed Food Intake Showed No Link to Colorectal Cancer in 461,682 Older Adults Followed Nearly 19 Years

A study of 461,682 older adults found no link between total ultraprocessed food intake and colorectal cancer, though meat intake still raised risk.

‘She Likes It Gross And Dirty’: Internet Slammed Dakota Johnson After Insider Share Her Intimate Life With MGK

Dakota Johnson’s alleged romance with Machine Gun Kelly has sparked online backlash after an insider allegedly shared intimate details about their chemistry.

Kristin Davis 'wasn’t eating any real food', but why?

Kristin Davis has recalled feeling self-conscious about her appearance during her Sex and the City days.

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