Elon Musk becomes first trillionaire as SpaceX shares jump on Nasdaq debut
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 tril...
The U.S. Space Force has awarded the majority of its 2026 national security missions to SpaceX. The company has secured a $714 million contract for five launches, while rival United Launch Alliance (ULA) won two missions worth $428 million.
This move further strengthens SpaceX’s position in the Pentagon’s most complex spaceflight programme. Under the contract, the company will launch Boeing’s 12th Wideband Global Satcom satellite, three classified payloads for the Space Force, and carry out the NROL-86 reconnaissance mission.
ULA’s assigned missions include the USSF-88, carrying a GPS III Follow-on satellite, and the NROL-88 spy payload.
Blue Origin, which has yet to certify its New Glenn rocket, was once again left out of the programme. The Space Systems Command has stated that the company is unlikely to carry out its first national security launch until fiscal 2027. NASA’s Mars mission this autumn is expected to play a key role in advancing Blue Origin’s certification.
The Phase 3, Lane 2 segment of the National Security Space Launch programme covers roughly 54 missions between 2025 and 2029, with a total value of $13.7 billion. Actual launches are scheduled from 2027 to 2032, giving companies ample time to integrate and prepare payloads.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Iran said no final decision has been made on a proposed agreement with Washington, despite suggestions from U.S. President Donald Trump that a deal could soon be signed in a European capital.
Georgia and the European Union have held their first working-level talks in Brussels following the EU's decision to suspend visa-free travel for holders of Georgian diplomatic, service and official passports.
Türkiye has condemned a defence agreement signed this week between France and Southern Cyprus, describing it as a threat to regional stability and the rights of Turkish Cypriots.
Authorities in the western Afghan city of Herat have arrested at least 30 women for allegedly breaching dress rules imposed by the Taliban, according to the United Nations agency for women’s rights.
Mali’s al Qaeda-affiliated group Jama’at Nusrat al-Islam wal-Muslimin (JNIM) has offered multimillion-dollar rewards for information on senior military officials and the country’s head of state.
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