SpaceX IPO valuation, Aswath Damodaran pegs equity at 1.3 trillion, questions 1.8 trillion market value and AI driven growth narrative

US senator Elizabeth Warren asks regulator to delay SpaceX IPO, flags concerns over high valuation

Amid the loud fanfare surrounding the initial public offering (IPO) of Elon Musk’s SpaceX, concerns have persisted surrounding the valuation of the space and AI tech company. In a letter shared with CNBC, Sen. Elizabeth Warren, D-Mass., urged the Securities and Exchange Commission to postpone SpaceX’s impending IPO, citing issues with the rocket manufacturer’s valuation…

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'He is so famous': Jos Buttler explains why Vaibhav Sooryavanshi's hype is bigger than Sachin Tendulkar's | Cricket News

‘He is so famous’: Jos Buttler explains why Vaibhav Sooryavanshi’s hype is bigger than Sachin Tendulkar’s | Cricket News

Vaibhav Sooryavanshi and Young Sachin Tendulkar (Agency Image) Vaibhav Sooryavanshi’s long-awaited India debut now appears to be just around the corner. The 15-year-old batting prodigy has earned a place in India’s squad for the upcoming two-match T20I series against Ireland later this month and is also set to travel with the team for the five-match…

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Shock for Japan as captain Wataru Endo withdraws from World Cup squad and retires from international football after injury blow | Football News

Shock for Japan as captain Wataru Endo withdraws from World Cup squad and retires from international football after injury blow | Football News

Japan’s Wataru Endo addresses fans before a training session Monday, June 8, 2026, in Nashville, Tenn., ahead of the World Cup soccer tournament. (AP Photo/George Walker IV) Japan captain Wataru Endo has withdrawn from the 2026 FIFA World Cup and announced his retirement from international football after failing to recover from a persistent foot injury,…

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Akshay Kumar explains 'flop actor' remark in 'Welcome to the Jungle'; praises co-star Raveena Tandon for her professionalism |

Akshay Kumar explains ‘flop actor’ remark in ‘Welcome to the Jungle’; praises co-star Raveena Tandon for her professionalism |

Mumbai, June 12 (IANS) Bollywood superstar Akshay Kumar has explained the reason behind using the expression “flop actor” for him in his upcoming film ‘Welcome to the Jungle’. Bollywood superstar Akshay Kumar has explained the reason behind using the expression “flop actor” for him in his upcoming film ‘Welcome to the Jungle’.The actor attended the…

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India's forex reserves explained: How they support the rupee and economy

India’s forex reserves explained: How they support the rupee and economy

In an interconnected global economy, countries face a range of external risks, from geopolitical conflicts and financial-market turbulence to inflation shocks and sudden capital outflows. To navigate such uncertainties, central banks maintain foreign exchange reserves, which serve as a financial buffer during periods of economic stress. For India, these reserves play a crucial role in…

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