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SpaceX IPO Targets $1.75 Trillion Valuation Despite Heavy AI and Data Center Losses
The SpaceX IPO is shaping up to be one of the largest public offerings in market history. Elon Musk’s aerospace and satellite company is targeting a valuation of $1.75 trillion, including the underwriters’ greenshoe option. The company plans to raise at least $75 billion, with the IPO expected to be structured as an all-primary offering,…

Oil Prices Surge 3% as Iran-Israel Strikes Test Hormuz Ceasefire, June 08
Oil prices surge 3% to $96.05 Brent amid Iran-Israel strikes and 14-week Strait of Hormuz closure, triggering OPEC+ supply crisis response.

India Approves ₹7,597 Crore Highway Expansion in Telangana, June 07
India approves ₹7,597 crore highway expansion in Telangana covering 190.76 km to improve connectivity and reduce travel time.

Australia’s Data Centre Boom Eclipses Mining Surge, June 08
Australia’s data centre investment boom in NSW and Victoria now exceeds the 2010s mining boom, injecting $300 billion as AI demand surges.

Reeves Backs UK Growth Plan With £470m Industrial Fund, June 08
Reeves announces £350m chemicals fund and £120m ceramics support amid UK manufacturing energy cost crisis and political uncertainty.

Nikkei 225 Falls 1.3% to 66,588 on Broadcom Shock, June 08
Nikkei 225 falls 1.3% to 66,588 on June 08 as Broadcom’s weak AI chip guidance sparks global tech rout. Index down from 68,786 record high.

N.H. Food Producer Gets $96K Grant for Freeze-Dried Vegetables, June 07
N.H. food producer Micro Mama’s secures $96K USDA grant to expand freeze-dried vegetable production and support local farmers.

Germany’s Eurofighter Draws 60,000 at Armed Forces Day, June 07
60,000 visitors attended Germany’s Armed Forces Day at Laage airbase to view Eurofighter jets and military equipment during defence spending boost.

Hong Kong Stocks Face Sharp Selloff as US Jobs Data Triggers Global Rout, June 08
Hong Kong stocks plunge as strong US jobs data fuels rate hike fears. Hang Seng faces sharp selloff on June 8 after Nasdaq crashes.