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The Latest Breaking News from Elon Musk

SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

Fortune

Ukraine-Russia war latest: Senior Russian diplomat meets UK, French and German ambassadors in Moscow

Europe has pushed for more peace talks between Ukraine and Russia

The Independent UK

What to know about the stabbing that set off fiery riots in Northern Ireland

A knife attack in Belfast, Northern Ireland, has sparked violent riots fueled by anti-migrant rhetoric

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Thursday briefing: What would it take for streets to be safe for all?

In today’s newsletter: With violent crime declining but hate crime increasing, a look at what we can all do to make our shared spaces safer

The Guardian - UK

How the Belfast stabbing was the spark to a fuse loaded with grievance and provocation

Politicians, social media and far-right agitators convinced people that migrant-targeting violence would solve all their problems

The Guardian - UK

SpaceX IPO: Why Wall Street biggies Chris Wood, others are not impressed with $1.8 trillion listing

Despite significant investor interest, Wall Street experts like Chris Wood and Aswath Damodaran express skepticism over SpaceX's $1.8 trillion IPO valuation. Concerns center on AI hype, overly optimistic market size assumptions, and potential market structure advantages that could artificially inflate demand post-listing.

The Economic Times

SpaceX’s IPO success may rub off on Ambani

Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration…

The Economic Times

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SpaceX on cusp of record IPO that could make Musk a trillionaire

NEW YORK - SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.

Bangkok Post

Quote of the day by SpaceX CEO Elon Musk: "If you go back say, 300 years, the things we take for granted today, you'd be burned at stake for" — echoes of science fiction

Elon Musk reflects on advances we've made in the 21st century and how, in times gone past, they would be considered "indistinguishable from magic"

TechRadar

Lawsuit challenges Trump administration's land swap with SpaceX in Texas

Environmental groups are seeking to stop a land swap deal between the federal government and SpaceX

The Independent UK

Quote of the day by Elon Musk: 'The only rules are the ones dictated by the laws of...' Life lessons on success, work culture, hard work, struggle and human behavior by wealthiest person in the world

Quote of the Day by Elon Musk highlights a simple idea about success, work culture, hard work, struggle and human behavior. The statement encourages people to question limits that are created by society and focus on what is actually possible. Elon Musk’s words remind people that many barriers are not…

The Economic Times

Wall Street counts down to SpaceX IPO

Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level…

France 24

Elon Musk’s X not facing action from UK government over posts inciting violence in Belfast

Any official reprimand will come from regulator Ofcom, but not for at least two months

The Guardian - UK

SpaceX IPO Demand Is Huge. That May Be The Warning.

A great company does not always make a great entry point, and SpaceX may be the ultimate test of whether investors are buying edge or just access.

Barchart

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The Independent UK

After Belfast, Reform UK has shamed itself once again

THE INDEPENDENT VIEW: Editorial: The party is so desperate to fend off the threat from Rupert Lowe’s insurgent Restore Britain that it has squandered a chance to unequivocally condemn violence for the sake of wrong-headed rhetoric

The Economic Times

Gulf countries act as propellants for SpaceX IPO as billions flow in

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be identified discussing confidential information. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the people said.

InsideEVs

Tesla Apparently Won't Let Cybertruck Buyers Transfer FSD Without Spending Another $20k

Tesla's FSD transfer program terms changed and buyers of the new Cybertruck AWD trim found themselves being unable to move the software from their trade-in.

The Guardian - UK

The Guardian view on far-right violence: digital radicalisation is threatening democracy

Editorial: Violence on the streets of Northern Ireland is the real-world expression of a sinister mechanism that goes unchecked online

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news in one place.

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The Economic Times

Musk's xAI accused of illegally firing engineer who raised safety concerns

Devin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety risks associated with the AI chatbot Grok. Kim contends that his proactive warnings put him in the crosshairs of the company, leading to his dismissal.

Newsroom.co.nz

Elon Musk’s $1.8 trillion SpaceX listing is no longer about space

SpaceX is still famous for rockets, but its filings show Elon Musk’s company is now spending more on AI infrastructure than launch and Starlink combined.

Bangkok Post

SpaceX's historic IPO by the numbers

NEW YORK - The stock market debut of SpaceX -- Elon Musk's rocket, satellite and company -- expected Friday, could be the biggest in history. Here are the key numbers.

The Economic Times

Norm-breaking SpaceX IPO a source of elation, angst on Wall Street

SpaceX is poised for a historic IPO, aiming to raise $75 billion with a $1.8 trillion valuation. Despite immense investor excitement and Musk's visionary appeal, skeptics question the rocket maker's profitability, citing significant AI investments and substantial losses despite revenue growth. The IPO's performance could significantly impact future tech listings.

The Guardian - UK

There are no guardrails now on the right of UK politics: where Restore Britain goes, others will follow

In the UK – and across the west - incendiary language and white supremacist policies are entering the political mainstream, says Guardian columnist Owen Jones

The National (Scotland)

Reform UK and Nigel Farage 'fanned flames of race riots in Glasgow and Belfast'

THE finger has been pointed at Reform UK MSPs and their leader Nigel Farage after “race riots” broke out in Glasgow and Belfast ...

International Business Times UK

Elon Musk Heartbreak: SpaceX CEO Accused of Putting Mums and Families in Danger Over Belfast Riot Posts

Elon Musk faces criticism for sharing social media posts linked to anti-immigration unrest in Belfast, which led to violence and displacement. Political leaders urge restraint and highlight social media's role in escalating tensions.

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