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SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports

SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports June 2 : Elon Musk's SpaceX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75 per cent on the roughly $75 billion it aims to raise this month, Bloomberg News reported on Tuesday. The banks are still likely to rake in about $500 million from the record-setting listing of the space and AI conglomerate, the report added, citing people familiar with the matter. Goldman...

Channel News Asia 8d ago

Castro's indictment references a network of Cuban spies. Who were they?

The spy network that fed Castro intel ahead of plane downing at heart of murder charges Sun 31 May 2026 at 1:02pm In the early hours of September 12, 1998, FBI agents crashed through the doors of several Miami homes and arrested 10 people. Prosecutors alleged they made up part of a Cuban spy ring codenamed La Red Avispa, which translates to The Wasp Network. While their criminal trials were long-running and controversial in the early 2000s, the world had largely moved on from their story.

ABC Australia 10d ago

Photos of the Week: Kite Chase, River Float, Night Harvest

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The Atlantic 5d ago

AI coding startup Cursor, courted by SpaceX, picks London as European hub

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Channel News Asia 1d ago

Real Madrid boss says Mourinho will return to club, amid video controversy

Real Madrid boss says Mourinho will return to club, amid video controversy MADRID, June 4 : Real Madrid on Thursday said Jose Mourinho would return to coach the club should its longtime President Florentino Perez win reelection. It made its statement after Portuguese media expressed doubts about the authenticity of a video shared by Perez's team that appeared to show Mourinho confirming the move. Asked about the veracity of the video, which featured a smiling Mourinho in a Real Madrid shirt...

Channel News Asia 5d ago

Spain embrace favourites tag but De la Fuente warns World Cup offers no guarantees

Spain embrace favourites tag but De la Fuente warns World Cup offers no guarantees MADRID, June 6 : Spain arrive at the World Cup as favourites and manager Luis de la Fuente, architect of the side who won the Euros in remarkable fashion two years ago, is in no mood to play down the hype. Sitting down with Reuters before the tournament, he embraced the favourites tag as a long-overdue pat on the back for a project he has dedicated his life to for over a decade, working his way from Spain's...

Channel News Asia 4d ago

Doctors thought this kidney drug helped some patients. It may help millions more.

Doctors thought this kidney drug helped some patients. It may help millions more. - Date: - June 8, 2026

Science Daily 2d ago

Trump rethinking $2.5b fund amid corruption allegations, sources say

Trump rethinking $2.5b fund amid 'jaw-dropping' corruption allegations, sources say Wed 3 Jun 2026 at 4:49am US President Donald Trump is considering the future of a $US1.776 billion ($2.51 billion) fund for his political allies, sources say. His retreat is a nod to several legal setbacks and internal pushback the fund has encountered since it was announced two weeks ago. Here's what to know about the fund that sparked backlash from all sides of politics.

ABC Australia 7d ago

Keeping the lights on: How India manages its power demand

On May 21, India's power grid hit a number it had never seen before. Demand crossed 270 gigawatts, peaking at 270.73 GW. To put that in context, the entire installed power capacity of the United Kingdom is roughly 80 GW.

Times of India 3d ago

SpaceX wins $4 billion Space Force contract for satellites that target 'airborne threats' anywhere on Earth

SpaceX wins $4 billion Space Force contract for satellites that target 'airborne threats' anywhere on Earth The contract is for a satellite constellation that can "track and target airborne threats globally." The U.S Space Force has awarded SpaceX $4.16 billion to help the military track airborne targets using satellites. The massive contract is under the Space-Based Airborne Moving Target Indicator (SB-AMTI) program, which will add space systems to the U.S. military's tracking capabilities.

Space.com 8d ago