Elon Musk's SpaceX IPO: Is it worth the hype?

Channel News Asia Thursday 11 June 2026, 22:00 UTC 1 min read

Key Points

SpaceX’s IPO, set to be the largest ever, would also propel Musk to become the world’s first trillionaire.

Elon Musk's (PERSON) SpaceX IPO (ORG) SpaceX (ORG) IPO (ORG)

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Report says confidence among 16- to 21-year-olds has fallen sharply as they doubt hard work will be rewardedYoung people in England are increasingly “losing faith in their futures” according to a report, as record numbers fear long-term unemployment. Analysing survey data, including from the Office for National Statistics, the Institute for Public Policy Research (IPPR) said 16- to 21-year-olds were less confident about being successful than a decade ago.

The Guardian World 31m ago

Locked Out of IPO, Asia Investors Find New Ways to Bet on SpaceX

A Tesla electric vehicle drives past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on June 8, 2026. SpaceX on June 5 signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing. The deal, which will bulk up SpaceX's finances ahead of its IPO...

Bloomberg Markets 32m ago

Researchers are developing textiles that can produce drinking water from the air

Researchers are developing textiles that can produce drinking water from the air How very Dune. There are existing methods to collect water from the ambient air, but most of them are large or cumbersome. Recent research by the University of Texas at Austin is taking that concept and transforming it something you could have on hand at all times.

Engadget 41m ago

Anthropic rankles users with safety-first Fable release

Anthropic’s latest AI model might be the company’s most powerful public release, but the system’s strict safety measures quickly triggered some of the strongest backlash the AI giant has faced. Many users, some of whom have marveled at Anthropic’s previous announcements, torched the company for debuting its Fable 5 model on Tuesday with what they say are overly stringent guardrails. In some cases, when the model classified a query as potentially sensitive, it would provide a lower-quality...

NBC News 1h ago

Elon Musk's SpaceX IPO: Is it worth the hype?

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