Live from NPR news in Washington, I'm Rylan Barton.
Elon Musk's SpaceX is getting ready to break new records on Wall Street.
“The rocket company has officially filed the paperwork for an initial public offering.”
As NPR's Maria Aspen reports, it could be the biggest IPO ever surpassing the debut of Saudi-Aramco, the national oil company of Saudi Arabia. The IPO is expected to make SpaceX one of the most valuable companies in the world. It sends rockets into space and holds billions of dollars of U.S. government contracts, but space launches are just part of its business.
SpaceX also owns the Starlink Communications platform, an Elon Musk's artificial intelligence company, XAI. Tech investors will be watching SpaceX for more details on the costs and payoffs of the AI boom. They're also waiting for big IPOs from Open AI and Anthropic, the makers of CHECGPT and
Claude. Meanwhile, SpaceX's IPO would also make Musk even wealthier. The billionaire and former advisor to President Trump could become the world's first trillionaire. Maria Aspen and PR news.
“The U.S. government has agreed to permanently drop tax claims against President Trump.”
The president says it's part of a deal to resolve his $10 billion lawsuit against the IRS
over the leak of his tax returns. "I released them from the lawsuit, and I guess they made a settlement of some gun. And I wasn't involved in the settlement. I couldn't have been involved, but I didn't use to be so they made a settlement." The U.S. is quote forever barred and precluded from examining or prosecuting Trump.
He's sons and the Trump organization's current tax issues. The settlement also includes nearly $1.8 billion to compensate Trump allies, who believe they have been unjustly investigated and prosecuted. Despite the historically unaffordable housing market, more people in their 20s are buying homes and peers at Jennifer Ludden reports.
In Milwaukee, 27-year-old Francisco Vazquez manages a fast food restaurant and just bought
a three-bedroom home that cost half the national median price.
He saved up aggressively for the down payment, partly while living with his parents. "Most of my paycheck, probably like 70% into just proud index stock." Compared to millennials, Gen Z home buyers last year were less likely to have student loan debt or get help from parents that's according to the National Association of Realtors. They were more likely to tap down payment assistance and to be single buyers.
Jennifer Ludden and peer news. Health Secretary Robert F. Kennedy Jr. has issued a surgeon general's warning urging families to reduce children's screen time. The report calls on parents' schools and the government to work together, saying some patterns of use quote can pose real harm to children.
The notice came from the surgeon general's office even though the position has been vacant since the Biden administration. The US stock market bounced back today after oil prices gave back some of their big gains. This is NPR News from Washington.
Demand is soaring for Israel's battle-tested weapons despite widespread condemnation by rights groups and the international community over the country's conduct in its wars industry officials say even nations that have publicly criticized Israel are nonetheless quietly buying its military technology. Israel's defense ministry says sales have more than doubled in the past five years.
The World Health Organization says there have been 51 confirmed Ebola cases in the Democratic Republic of Congo and 2 in Uganda with the suspected total number of deaths currently at 139 Michael Coloki reports the numbers are expected to rise. The WHO says it expects to see an increase in suspected infection cases given the amount of time that virus circulated before the outbreak was detected.
It rates the risk of spread of the disease in Congo and Uganda as high, at the national and regional levels, but low at the global level, the agency says health teams responding to the outbreak in the Eastern Democratic Republic of Congo, a region affected by armed conflict, face a series of challenges. Dr. Marie Bilzer is the agency's emergency director for Africa.
"Not only we have the insecurity, the charge of the community, we have also the largest
“secret that is a very important," and residents in Congo report rising prices for masks”
and disinfectants for impairing news on Michael Coloki in Nairobi. In New Delhi, some Rick Shaws are displaying images of President Trump with the slogan "Happy Birthday America," the U.S. Ambassador to India unveiled the initiative as part of the 250th anniversary of American independence. U.S. India relations have been strained by tariff policies, the U.S. Embassy described
the campaign with the slogan "Freedom is on the move," literally. This is NPR News. A dialogue with Dana White about politics, culture, and masculinity on NPR's news
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