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SpaceX Goes Public: $2 Trillion Debut Makes History — And Rewrites the Rules for Africa’s Digital Future

FAST FACTS: SPCX DEBUT Metric Value IPO Price $135 per share Opening Trade $150 per share (+11%) Intraday High $176.52 Current Trading ~$171 Valuation at Open $2 trillion+ Capital Raised $75 billion (record) Shares Sold 556 million Retail Allocation ~30% (vs. typical 5–10%) Ticker / Exchange SPCX / Nasdaq The...
Money

SASSA JULY 2026 GRANT PAYMENT DATES: Full Schedule Confirmed Older Persons, Disability, Children’s Grants and SRD

PRETORIA, 12 June 2026-The South African Social Security Agency (SASSA) has confirmed the official payment dates for all...
Money

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...
Money

PayPal Freezes Kenyan Accounts Amid Tightened Global Compliance Rules

Kenyan freelancers, online sellers, and digital entrepreneurs are increasingly reporting account restrictions and frozen funds on PayPal as...
Money

FlySafair’s R12 Birthday Sale: What It Reveals About South Africa’s Aviation Cost Crisis in 2026

South Africa's most popular low-cost airline is back with its annual birthday giveaway — but the small print...

U.S. Steel Stock Plummets Amid Uncertainty Over Nippon Steel Deal

Shares of United States Steel Corporation (NYSE: X) took a sharp downturn on Friday, shedding 6.39% in a volatile...

Bill Ackman Bets Big on Uber with $2 Billion Stake, Stock Surges

Billionaire hedge fund manager Bill Ackman has placed a massive $2 billion bet on Uber Technologies, sending the ride-hailing...

e.l.f. Beauty Stock Plunges 18% as Company Lowers Sales Outlook

Shares of e.l.f. Beauty Inc. (NYSE: ELF) tumbled nearly 18.5% on Friday, following the company’s announcement of a weaker-than-expected...

Uber Surges While Amazon and Tesla Drag Markets Lower

The U.S. stock market closed lower on Friday as inflation concerns and weaker-than-expected job growth weighed on investor sentiment....

Alphabet Sells Off Its Remaining Stake in Snowflake

Alphabet Inc., the parent company of Google, has officially sold off all its remaining shares in cloud-based data warehousing...

Dow Jones Tumbles as Inflation Concerns and Jobs Data Rattle Markets

The Dow Jones Industrial Average took a sharp downturn today, shedding 260 points, or 0.6%, as investors reacted to...

January Jobs Report: Solid Start to 2025, But Clouds on the Horizon?

The U.S. labor market presented a mixed picture in January 2025, marked by steady but unspectacular job growth and...

Why Oklo Stock Is Skyrocketing in 2025: A Deep Dive into the Nuclear Energy...

Oklo Inc. (NYSE: OKLO), a pioneering company in advanced nuclear fission, has recently experienced a meteoric rise in its...

Walmart Streamlines Operations: Cuts Jobs, Relocates Employees Amid Shifting Retail Landscape

Walmart, the nation's largest private employer, is undergoing a significant restructuring aimed at consolidating its corporate footprint and enhancing...

U.S. Jobs Report Expected to Show Moderate Growth Amid Workforce Revisions

The United States is set to release its much-anticipated January employment report today, with economists projecting moderate job growth...

L&G to Sell US Insurance Entity to Meiji Yasuda for $2.3 Billion; Establishes Strategic...

Legal & General (L&G) has announced a definitive agreement to sell its US insurance entity, encompassing its US protection...

Ratan Tata’s Will Shocks India: Who Is Mohini Mohan Dutta, the Man Set to...

The Indian business world has been left stunned following revelations about Ratan Tata’s will. According to reports, a significant portion...
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