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20:58 Markets WSJ MARKETS

Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund

The fund capped client redemptions at 5%, an about-face from Blackstone’s decision to pay out all requests earlier this year.

20:34 Markets MARKETWATCH

Elon Musk’s SpaceX paid to secure its ticker symbol ahead of blockbuster IPO

When SpaceX shares make their public debut next week, they will be trading under the ticker “SPCX.” Until recently, that ticker belonged to Tuttle Capital Management’s SPAC and New Issue ETF.

20:34 Markets MARKETWATCH

Bitcoin’s sagging price has crypto bears taking a victory lap. Why it’s too soon to count it out.

stocks have kept notching record highs, bitcoin is sliding to its weakest level in months.

20:30 Markets MARKETWATCH

Wasted AI budgets at Nvidia, Uber, Microsoft and others sink ‘tokenmaxxing’ and trigger hiring

job market actually is getting a boost from AI: Who knew human workers are cheaper?

20:09 Markets THE GUARDIAN

SpaceX will get off the ground – but a descent from a silly valuation must follow | Nils Pratley

But, yes, if SpaceX could tick off all the items on Elon Musk’s to-do list, one could make a case that the company should be valued at $1.77tn.

20:00 Markets WSJ MARKETS

The Boom in Crypto ETFs Has a Downside for Investors

Investors face higher costs and the unwelcome prospect of fund closures as more digital-asset funds come to market.

18:33 Markets WSJ TECH

Live Q&A: Musk’s $75 Billion SpaceX IPO—Ask Us Your Questions

Join a live written chat with WSJ reporters from 2 p.m.

17:53 Markets FORTUNE

A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

In June 2025, EchoStar was reportedly preparing to file for Chapter 11 bankruptcy.
The satellite company was under investigation from the Federal Communications Commission (FCC) over its compliance with federal obligations to provide its 5G service across the U.S.
The previous year, satellite TV provider DirecTV abandoned its proposed deal to acquire EchoStar’s video distribution business because of a failed debt-exchange offer.
EchoStar previously disclosed $500 million of missed interest payments as a result the company’s broader liquidity crisis, as seen in the FCC probe.

17:45 Markets WSJ MARKETS

A Guide to Buying SpaceX Shares via Your Brokerage Account

Investing in an IPO means stomaching the potential for volatility in early trading.

17:06 Markets THE GUARDIAN

Amazon expands ultra-fast deliveries in UK and adds same-day fruit and veg

The firm said it would expand Amazon Now, its ultra-fast delivery service that already delivers goods in less than 30 minutes to parts of London, to also serve Manchester and Birmingham this year.

16:27 Markets THE GUARDIAN

SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

If the stock market launch – primed for 12 June – goes as planned, founder Musk, the world’s wealthiest person, could make history as the first trillionaire.

15:56 Markets WSJ MARKETS

Terms Revealed for SpaceX’s Unconventional $75 Billion IPO

The company plans to sell shares at $135 apiece, eschewing the norm of setting a price range and incorporating investor feedback.

10:27 Markets THE GUARDIAN

UK to challenge EU over ‘devastating’ plans to almost halve tariff-free steel import quotas

Business secretary to meet European counterpart on Friday as EU industry leaders worry about retaliatory measures by UK Business live – latest updates The UK business secretary, Peter Kyle, is to raise concerns about EU plans to dramatically reduce tariff-free imports of British steel with its trade commissioner, Maroš Šefčovič, in Brussels on Friday. The UK steel industry has previously warned of “devastating” consequences from the new quota system being planned by the EU, which will cut overall tariff-free imports from non-EU countries by 47% on 2024 levels from 1 July. Continue reading...

04:50 Markets WSJ TECH

Meta Keeps Delaying the Release of Its New AI Model to Developers

The shifting timeline is a setback for Meta’s ability to monetize its massive investments in building frontier AI models.

02:00 Markets WSJ TECH

Tech’s Biggest Bull Was in Despair. An AI Spree Has Him Back on Top.

SoftBank’s Masayoshi Son said his Tokyo-based tech conglomerate would unleash at least $52 billion of investment in French data centers.