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Elon Musk’s SpaceX Targets June 12 Nasdaq IPO After 5-for-1 Stock Split Cuts Share Price Ahead Of Potential $75 Billion Debut: Report

by Ananya Gairola | May 16, 2026 | General

Elon Musk’s space venture, SpaceX, is reportedly planning its public market debut with a June 12 Nasdaq listing, while a 5-for-1 stock split lowers the per-share price. SpaceX IPO Timeline Moves Ahead Faster Than Expected Musk’s company plans to trade...

FDA Drug Chief Tracey Hoeg Fired Days After After Marty Makary’s Exit— Says Order Came From ‘Way Above’

by Mohd Haider | May 16, 2026 | General

Tracey Beth Hoeg, acting head of the U.S. Food and Drug Administration‘s Center for Drug Evaluation and Research, was fired Friday after six months in the role, amid several high-level official exits from the federal public health agency. Hoeg confirmed the dismissal...
Elizabeth Warren Blasts Trump’s Nvidia Trades Worth Millions As ‘National Security Disaster’ After China Chip Deals

Elizabeth Warren Blasts Trump’s Nvidia Trades Worth Millions As ‘National Security Disaster’ After China Chip Deals

by Ananya Gairola | May 16, 2026 | General

On Friday, Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of leveraging his office for personal financial gain after ethics disclosures revealed millions of dollars in Nvidia Corp (NASDAQ:NVDA) stock trades ahead of major AI chip policy developments...

Trump Urges Taiwan, China To ‘Cool Down’ After High-Stakes Summit With Xi Jinping, Keeps Arms Package In Limbo— ‘Nothing’s Changed’

by Mohd Haider | May 16, 2026 | General

President Donald Trump signaled neutrality on Taiwan’s security on Friday, warning Taipei not to expect unconditional U.S. military backing while urging restraint from both sides following his summit with Chinese President Xi Jinping. Uncertainty Over Taiwan Arms...
Trump Says China’s ‘Big, Beautiful’ Boeing Jet Orders Could Rise Up To 750 If ‘They Do A Good Job’ (UPDATED)

Trump Says China’s ‘Big, Beautiful’ Boeing Jet Orders Could Rise Up To 750 If ‘They Do A Good Job’ (UPDATED)

by Eva Mathew | May 16, 2026 | General

(Editor’s note: This story has been updated to include Boeing’s statement) China has agreed to buy 200 Boeing (NYSE:BA) planes in a deal that could eventually expand to as many as 750 aircraft, President Donald Trump said on Friday, potentially marking the U.S....
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