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SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.
China Cuts Rare Earth Exports to Japan Over Military Concerns, June 20
China defends rare earth export curbs to Japan as security measure. G7 commits to reducing supplier dependence by 2030.
Temasek Invests ₹1,000 Crore in Svakarma Microfinance, June 20
Temasek invests ₹1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.
British Actress Charged in A$296M Meth Smuggle to Australia, June 20
British actress Emaa Hussen charged with attempting to smuggle 320kg of methamphetamine worth A$296 million into Australia from Ghana.
Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings
Hong Kong launches RMB bond futures August 3 as China trims US Treasury holdings to $651.1 billion, lowest since 2008, amid geopolitical uncertainty.
Hegseth Orders Pentagon Review of US Forces in Europe, June 19
Pentagon chief Hegseth launches six-month NATO review, criticizes allies over defense spending and Iran war support gaps.
ElevationSpace Raises ¥6.4B in Series B, Eyes Global Space Market
ElevationSpace secures ¥6.4B Series B funding for reentry satellite technology, bringing total funding to ¥10.1B for space-to-Earth cargo transport.
Princess Caroline Honors Grace Kelly at Monaco Exhibition, June 20
Princess Caroline of Monaco attends exhibition honoring Grace Kelly’s 1956 wedding, marking 70 years since the celebrated royal event.
SpaceX Stock Falls to $185 After Cursor Deal, June 19
SpaceX stock falls to $185 after Cursor acquisition. Down from $212 peak but 37% above IPO price. Morningstar fair value estimate: $62.