How SpaceX’s IPO Compares With Saudi Aramco, Uber and Others
The previous record was set over six years ago. But SpaceX, whose stock begins trading on Friday, is on track to raise tens of billions of dollars more.Read More
Risk Strait of Hormuz or Wait? Shipping Companies Face a Costly Dilemma.
With more than 500 ships still stranded in the Persian Gulf, pressure on the shipowners and sailors is growing by the day.Read More
The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal
The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.Read More
Neither Peace Nor War: Iran Conflict Leaves World in Dangerous Limbo
Since announcing a nominal cease-fire two months ago, Iran, Israel and the U.S. have remained locked in low-intensity violence that has become a new normal.Read More
U.S. Plan Is Said to Pull a Third of Fighter Jets It Provides NATO for Europe
The plan, outlined by officials and in a written document, provides rare clarity about the extent to which the Trump administration intends to reduce its commitment to NATO.Read More
What to Know About Jay Clayton, Trump’s Pick for Intelligence Director
Mr. Clayton, the U.S. attorney in Manhattan and a former chairman of the Securities and Exchange Commission, has been overseeing an office known for prominent cases.Read More
The World Cup Is Officially Underway
Also, Trump picks a new intelligence chief. Here’s the latest at the end of Thursday.Read More
The SpaceX Shareholder at the Helm of a Multibillion-Dollar Payout
Justin Fishner-Wolfson, long a minor figure in Elon Musk’s orbit, is at the helm of a multibillion-dollar payoutRead More
Absent From the SpaceX and OpenAI I.P.O.s? Chinese Investors.
SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit.Read More
Skeptics Question Whether SpaceX Is Worth $1.77 Trillion
Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.Read More