As of Tuesday, 23 Indian states and Union Territories have finished the houselisting operations (HLO) for Census 2027. Eight more are in progress, with Himachal Pradesh, Kerala, and Nagaland recently starting or opening self-enumeration windows. The process uses digital tools alongside traditional door-to-door visits.
Microsoft is reportedly seeking assistance from rival Amazon Web Services (AWS) to manage GitHub's capacity issues, exacerbated by a surge in AI-driven usage. Despite plans to move GitHub to Azure, increasing demand has necessitated a multi-cloud strategy, with GitHub commits projected to reach 14 billion by 2026.
SpaceX's public share sale raised $85.7 billion, surpassing initial projections. The company's IPO was further boosted by a "greenshoe" option, allowing banks to sell an additional $10 billion in shares due to high investor demand. Shares surged over 14% on their first full trading day.
The Bangko Sentral ng Pilipinas (BSP) has introduced new rules for Virtual Asset Service Providers (VASPs), mandating rigorous due diligence for crypto listings and banning anonymity-enhancing coins. These measures aim to enhance financial stability and customer protection.
The Astana International Financial Centre (AIFC) and Hong Kong's bourse are exploring dual-listing opportunities with Kazakh mining firms. AIFC Governor Renat Bekturov stated that agreements signed during John Lee's visit are a key step for cooperation, aiming to boost investment and market access.
An analysis of 652 token listings since January 2025 reveals that retail investors have lost half their stake on average, with a median return of -82%. This highlights the risks associated with new token listings on major exchanges.
China has voiced strong disapproval of the US decision to blacklist several major Chinese technology and automotive companies, citing unfair treatment on the global stage. Beijing has warned of resolute retaliation if these measures are not withdrawn.
SpaceX's IPO raised $75 billion, valuing the company at $1.77 trillion, making it the largest in history. Elon Musk became the world's first trillionaire following the debut. Goldman Sachs CEO David Solomon denied reports of pitching Musk via X direct messages, stating their communication shifted to the platform due to Musk's communication preferences.
SpaceX made a historic Nasdaq debut, with shares surging 19% to surpass $2 trillion in valuation, making founder Elon Musk the world's first trillionaire. The company raised $75 billion, exceeding previous IPO records, as investor demand was fueled by Musk's ambitious plans for space exploration and AI.
Elon Musk has become the world's first trillionaire, with his net worth primarily driven by the IPO of SpaceX, which began trading on Nasdaq with a valuation of approximately $1.96 trillion. This milestone places his wealth significantly above the combined fortunes of other top billionaires and highlights the immense growth of his ventures.
SpaceX's initial public offering (IPO) has set a new record, raising $75 billion by pricing 555.6 million shares at $135 each, valuing the company at nearly $1.8 trillion. The deal surpasses previous record IPOs and positions Elon Musk for potential trillion-dollar personal wealth. Despite ambitious growth plans, the valuation faces criticism over profitability and speculative expectations.
Shanghai-based GPU designer MetaX announced plans for a Hong Kong listing, aiming to raise capital for R&D, expansion, and strategic investments. The proposed H-share offering, representing up to 5% of enlarged capital, follows its recent debut on Shanghai's Star Market.
SpaceX's IPO is already impacting crypto markets, with a large trader placing a $22.3 million leveraged bet on a synthetic pre-IPO contract (SPCX). The synthetic contract trades 30% above SpaceX's IPO price, signaling high expectations for the stock's debut.
Flutter Entertainment to delist from London Stock Exchange due to low trading and high costs, following move to New York in 2024
Over $1 billion traded in SpaceX-linked perpetual futures in 3 days as investors front-run the highly anticipated IPO, despite warnings from market history on potential first-year losses and regulatory scrutiny over governance and valuation risks.
SpaceX's anticipated IPO is poised to accelerate and reshape the IPO plans of China's commercial space companies, as the US firm leads in reusable rocket technology, a key strategic battleground between the two nations.
Hong Kong is the top listing choice for tech firms due to Asia's growing innovation, says HKEX CEO Bonnie Chan. The city's markets saw HK$166B in IPOs and HK$293B daily turnover in May, with tech shares surging sevenfold in 10 years.
Stock market valuations are reaching extremes not seen since the dotcom bust, with new listings mirroring pre-2000 and 2008 declines. Investors are rotating into cheaper stocks, impacting indices like the Nasdaq-100 and Kospi, as the AI narrative is questioned.
The Pentagon's initial list of recognized religions, which separated The Church of Jesus Christ of Latter-day Saints from 'Christian' faiths, sparked outrage. Cofounder of Defense Secretary Pete Hegseth's denomination called Latter-day Saints 'non-Christian.' The Pentagon later revised the list, removing the 'Christian' label.
Crypto exchanges are shifting focus to tokenized stocks, offering exposure to equities like Nvidia and Apple, after new token listings proved detrimental to retail investors. This pivot aims to attract new users and capital, potentially channeling trillions into global equity markets via crypto infrastructure.
Xi'an UniIC, a Chinese DRAM manufacturer, is nearing its public listing in Beijing after completing its IPO tutoring phase. This move follows its rival CXMT's massive listing approval and reflects a broader trend of Chinese memory chipmakers seeking capital to capitalize on the AI-driven global demand for memory products.
Mainland Chinese investors are experiencing FOMO over SpaceX's IPO, seeking exposure via offshore accounts and proxy stocks as direct participation is barred due to regulatory concerns. The company is targeting a $1.8 trillion valuation.
The US Department of Defense added WuXi AppTec to its list of Chinese military companies. Analysts predict minimal impact on the company and the broader pharma sector due to cost efficiencies and ongoing collaboration.
OpenAI plans to go public via IPO, following rivals Anthropic and SpaceX, to secure billions in capital for AI infrastructure and development, amid intense competition in the generative AI space.
