Author: Press Room

SpaceX didn’t just rewrite the playbook for aerospace and defense, it helped birth a new space economy.Now Elon Musk’s company is tackling a different type of moonshot: going public. “I wasn’t sure we would go public,” SpaceX Chief Operating Officer Gwynne Shotwell told CNBC in an exclusive interview, just before the company started its investor roadshow. “It actually feels like the right time now.”Follow CNBC’s live updates on the SpaceX (SPCX) IPOSpeaking from a walkway overlooking the Starship factory at SpaceX’s rapidly expanding headquarters in the company town of Starbase, Texas, Shotwell said the rocket maker needed to be private in…

JAXA’s live YouTube broadcast showed scientists clapping and hugging each other in celebration.One of the satellites is testing technology to capture space debris.”We took last year’s failure of the H3 rocket launch very seriously,” Yamakawa said.”We have devoted our full efforts to thoroughly investigating the cause and devising countermeasures.”Designed for “high flexibility, high reliability, and high cost performance”, JAXA had toasted five previous successful launches of the H3, but there have also been two failures, including the latest one in December.Japan hopes to capitalise on the H3’s success to meet soaring global demand for satellite launches in the face of…

There are approximately 2.4 billion minors around the world who are aged below 18 years.Nearly 138 million of these children – about one in 17 – are engaged in child labour, including 54 million in hazardous work that endangers their health and safety, according to estimates by the International Labour Organization (ILO) and UNICEF.On World Day Against Child Labour, Al Jazeera takes a look at the latest numbers on child labour, the industries where it is most prevalent and the countries and regions bearing the heaviest burdens.Children doing hazardous jobsIn 2015, the United Nations set a goal to end child…

Hours after saying the U.S. would attack civilian infrastructure and even take over Iran’s energy facilities, President Trump announced that a deal could be signed over the weekend and that the documents are in “pretty final shape.” Caitlin Huey Burns reports on the potential deal to strike a deal.

In what is the most gruesome example of domestic violence allegations against any current or former NFL player this offseason, Darron Lee is now facing a first-degree murder charge after being formally indicted by a grand jury in Hamilton County, Tenn.Lee, a 2016 first-round pick of the New York Jets who also played for the Kansas City Chiefs and Buffalo Bills, was indicted Wednesday in connection with the death of his girlfriend, Gabriela Carvalho Perpétuo.NFL FACING A DOMESTIC VIOLENCE EPIDEMIC THIS OFFSEASON Former New York Jets linebacker Darron Lee was arrested by the Hamilton County Sheriff’s Office on Feb. 6,…

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SINGAPORE: Cambodia says its rapid expansion of renewable energy has helped shield its electricity consumers from the impact of the Strait of Hormuz crisis, even as rising oil and gas prices continue to weigh on households and businesses.Speaking to CNA in Singapore on Thursday (Jun 11), Cambodia’s Minister of Mines and Energy Keo Rottanak said clean energy now accounts for nearly two-thirds of the Southeast Asian country’s installed power capacity, helping it keep electricity prices stable despite turmoil in global fuel markets.He said deeper regional integration through the proposed Association of Southeast Asian Nations’ (ASEAN) Power Grid would be critical to…

Ahmedabad, India — Sita Patni sits in a small room in her first-floor home in Meghani Nagar, a residential neighbourhood in the western Indian city of Ahmedabad.Her right hand, waist and both legs are charred and blackened from burns, evidence of a mother’s desperate and futile efforts to save her child. When she hears jumbo jets landing or taking off from the city’s airport right next to the locality, she lowers her face to hide her tears.On June 12, 2025, Patni was at her tiny tea stall next to a medical college hostel. Her husband, Suresh — an autorickshaw driver…

NEWYou can now listen to Fox News articles! President Donald Trump wants Congress to supercharge military funding and pass stalled voter ID and citizenship verification legislation in one fell swoop, but many Republicans aren’t sold on the plan. Trump on Wednesday called on congressional Republicans to steer around Democrats’ opposition again and “immediately” pass a third budget reconciliation package, including $350 billion in defense spending coupled with the stalled Safeguarding American Voter Eligibility (SAVE) America Act. “This is a GENERATIONAL Investment in our Military, even bigger than President Reagan’s! Recon 3.0 is the ONLY path to the full $1.5 TRILLION DOLLAR Military…

SpaceX is set to make its Nasdaq debut today in what is expected to be the largest initial public offering ever, with shares priced at a fixed $135 and the company targeting a valuation of about $1.77 trillion.The Elon Musk-led company is raising $75 billion under the ticker SPCX, giving investors a rare chance to buy into a business spanning rockets, Starlink satellite internet, and artificial intelligence infrastructure.The question before the opening bell is simple: Does the valuation already price in the future, or is Wall Street still underestimating the scale of the opportunity?The bulls: $190 and beyondThe most aggressive…