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SpaceX could file its confidential IPO prospectus with the SEC THIS WEEK. The company aims to seek a staggering $1.75 trillion valuation and become the largest stock market debut in history. The IPO could raise up to $80 billion, with individual investors getting access to 30% of shares via E*trade, Robinhood and SoFi.
This puts SpaceX on track for a late June listing after the typical 3-month SEC review. The pitch focuses on three explosive businesses: space launch, Starlink, and orbital data centers. This is moving forward on schedule for a June or July listing.
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Image via New York Post
Trump Shares—and Scrubs—An AI “Messiah” Pic
President Trump posted an AI-generated image depicting himself in a Christ-like pose, then deleted it after backlash erupted online.
Critics—including some conservatives—called it blasphemous and accused him of courting religious outrage for attention. The episode underscores how AI imagery is becoming a fast, potent accelerant in political messaging—and missteps.
Read the full story at New York Post →
China’s “Victory Giant” Goes Shopping for HK IPO Cash
A Chinese company described as “Victory Giant” is seeking to raise up to $2.2 billion in a Hong Kong listing.
The deal signals renewed effort by big mainland firms to tap Hong Kong capital markets amid shifting regulatory and investor sentiment. The size and timing will be watched as a read on risk appetite for China-linked listings.
Read the full story at Bloomberg →
Starmer Signals UK Minesweepers for Hormuz—Just Not Yet
Prime Minister Keir Starmer said Britain will send minesweepers to the Strait of Hormuz, stopping short of confirming immediate deployment.
The move would place the Royal Navy in a more direct role in protecting shipping lanes in a high-risk choke point for global energy trade. Even a delayed commitment telegraphs rising concern about maritime threats and escalation in the Gulf.
Read the full story at Breitbart →
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