SpaceX Shares Drop Below $150 Debut Price Amid $600B Sell-Off
SpaceX shares fell below its market debut price of $150 per share, wiping out $600 billion in market value amid a broader tech sell-off, according to Al Jazeera.
Markets
Iran and US agree on roadmap to resolve tensions, oil prices dip
Iran and the United States have agreed on a roadmap to resolve their ongoing conflict, with technical talks set to continue in Switzerland, mediators from Qatar and Pakistan announced.
Miami World Cup Visitors to Boost Local Economy by $1.3 Billion
Miami is preparing for a surge of FIFA World Cup visitors, with South Florida expecting between 600,000 to 1 million visitors. The economic impact is projected to reach $1.3 billion, according to FIFA.
Protesters Rally Against World Cup Sponsor Hyundai Before Mexico Match
Protesters will rally against World Cup sponsor Hyundai before the Mexico vs. South Korea match in Guadalajara, due to the automaker's business ties with the South American mining company Ternium.
Musk’s SpaceX Overtakes Amazon to Become Fifth Most Valuable Firm
Musk's SpaceX has become the world’s fifth most valuable company, surpassing Amazon in market capitalization. Shares surged on Nasdaq, and the valuation briefly reached $2.97tn, according to The Guardian.
Struggling Pizza Hut Chain to Be Sold for $2.7bn
Yum Brands is selling Pizza Hut for $2.7 billion to focus on stronger brands, with Neil Saunders of GlobalData calling the chain 'the weak link in Yum’s portfolio.'
SpaceX IPO Soars to $2.1 Trillion Valuation
SpaceX closed its IPO at $161, valuing the company at $2.1 trillion after a 19% jump in its Nasdaq debut.
Trump Headlines July 4 Rally, Replaces Artists at State Fair
Donald Trump announced he will headline the July 4 celebration on the National Mall, which he described as the 'most spectacular TRUMP RALLY of them all,' as several artists pulled out of the Great American State Fair over concerns it was a political event.
Oil Prices Fall and Shares Jump After US-Iran Deal Announced
Oil prices dropped sharply and global stock markets surged after a two-week ceasefire deal between the US and Iran was announced, easing fears of a prolonged conflict.
Global Attacks on Education, Pupils, Staff Up 40% in 2 Years
Attacks on education globally surged by 40% from 2024 to 2025, with over 8,556 recorded incidents and 10,600 students and staff harmed, according to a new study from the Global Coalition to Protect Education from Attack (GCPEA).
Elon Musk Becomes World’s First Trillionaire as SpaceX Debuts
Elon Musk became the world's first trillionaire on Friday as shares in his SpaceX rocket company surged during the biggest-ever stock market debut, according to the Bloomberg rich list.
Jamaican beach access campaigners go to court to fight privatisation of coast
Jamaican beach access campaigners are preparing to go to court next week to challenge the government's decision to cut off access to more beaches. They argue that this move favors private investors and tourists while harming local communities.
RKLB Stock Falls 25% Amid Broader Space Sector Woes
Rocket Lab's (RKLB) stock has dropped 25% from its year-to-date high to $113.65, reflecting broader declines in the space sector as investors take profits ahead of the anticipated SpaceX IPO.
Elon Musk’s SpaceX raises $75bn ahead of record stock market debut
Elon Musk's SpaceX has raised $75bn (£56bn) from financial firms ahead of its stock market debut, set to be the highest-value listing in history, according to a BBC report.
Stock Markets Surge 2.5% as Trump Calls Off Iran Strikes
Global stock markets surged as US President Donald Trump announced he had called off planned strikes on Iran and claimed a peace deal is imminent, according to Al Jazeera.