A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine

While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback

Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease.
SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits

SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.
Stock futures tick higher as Wall Street gears up for SpaceX’s historic IPO: Live updates

Elon Musk’s rocket maker is set to debut on the Nasdaq on Friday in what will be the largest IPO in history.
What energy insiders in DC are saying about oil prices and a possible Iran deal

Brian Sullivan shares his insight from the sidelines of the Global Energy Forum in Washington, DC.
SpaceX is way ahead of competitors with Starlink, but growth is harder heading into IPO

Heading into its IPO, SpaceX’s only profitable business is Starlink. But there are red flags for investors.
Warren questions SpaceX IPO oversight in new letter to exchanges

Sen. Elizabeth Warren seeking answers on changes to index fund waiting periods, protections for retail investors, in a letter obtained first by CNBC.
SpaceX cuts retail IPO allocation to low 20% range, source says

The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
SpaceX IPO will test how Wall Street prices ‘strategic tech’

Elon Musk’s SpaceX defies typical market buckets, and the IPO will give Wall Street another chance to value “strategic tech” like Palantir.
Trump picks former SEC Chairman Jay Clayton as national intelligence director

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