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SpaceX Considers Selling Shares in Tender Offer, Eyeing $200 Billion Valuation

SpaceX Considers Selling Shares in Tender Offer, Eyeing $200 Billion Valuation

SpaceX is reportedly in discussions to sell existing shares in a tender offer that could value the company at around $200 billion.


PC Pioneer Chester Gordon Bell Dies at 89

The family of personal computer pioneer Chester Gordon Bell announced his death on May 17. Chester Gordon Bell, who pioneered the era of more powerful personal computers in smaller and more portable frames in the 1960s, died on May 17 at the age of 89.

Spain: Majorca Beach Club Collapse Leaves 4 Dead, Dozens Injured After Being Crushed Under Falling Rubble

At least four individuals have died and sixteen others have been injured in Palma, Majorca, following the collapse of a beach club's terrace, with seven in critical condition.

Elon Musk Distances Tesla from Biden's 100% Tariff on Chinese EVs, Claims Company's Competitive Edge Without Incentives

Elon Musk stated that neither he nor Tesla were involved in President Joe Biden's decision to implement a 100% tariff on Chinese electric vehicles.


Latest News

HSBC faces an $8.6 million penalty for mishandling customers in financial difficulty. The Financial Conduct Authority revealed the bank's failure to consider circumstances, endangering 1.5 million individuals.
Lazada Vietnam resumes logistics services in Ho Chi Minh City
Former Lazada employees who were suddenly laid off earlier this year are set to receive additional payouts, with some receiving an extra two weeks' pay per year of service and others $1,200.
CHINA-ECONOMY
JPMorgan Asia Pacific CEO Sjoerd Leenart says China has a major role in driving the global economy, asserting that doing business in China is important.
German Supermarket Chain Aldi To Buy Winn-Dixie And Harveys Supermarkets
CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like Walmart and Target.
FRANCE-POLITICS-DIPLOMACY-SUMMIT-FINANCE-CLIMATE
Melinda French Gates revealed that she left the Gates Foundation to focus on empowering women leaders and combating tech's male-dominated culture, drawing from her four decades of experience at Microsoft and Pivotal Ventures.
US-TECHNOLOGY-AI-HUANG
Nvidia's strong earnings report led to major market gains, with the Nasdaq and S&P 500 surging on Thursday, driven by optimism about the ongoing AI rally.
OpenAI Under Fire for Threat to Claw Back Vested Equity From Former Employees
OpenAI faces controversy after leaked documents revealed the company allegedly threatened to claw back vested equity from departing employees.
Elon Musk, Nicole Shanahan Alleged Affair Involves a One-Night Sexual Encounter After Taking Ketamine: Report
New details on the alleged affair that Elon Musk and Nicole Shanahan both denied were recently revealed by The New York Times (NYT).
Australia's Nine Network Names Fiona Dear as New News Director After Sacking Darren Wick for 'Inappropriate' Behavior
Australian media outlet Nine Network has appointed Fiona Dear as its new director of news and current affairs, replacing dismissed news director Darren Wick over his alleged sexual harassment of female staff.
US Justice Department to Sue Ticketmaster Parent Live Nation Over Alleged Antitrust Violations
The US Department of Justice and several states are reportedly set to file an antitrust lawsuit against Live Nation, the owner of Ticketmaster, as early as Thursday.
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