economy

The World in Brief

Catch up quickly on the global stories that matter

The World in Brief

TL;DR

  • SpaceX's shares increased significantly on its first trading day on the Nasdaq, reaching a valuation of around $2.1 trillion.
  • Elon Musk became the world's first trillionaire following SpaceX's IPO.
  • SpaceX raised $75 billion in an IPO, selling 555.6 million shares at $135 each.
  • Pakistan's prime minister stated that a final peace deal text between the US and Iran has been reached.
  • Mediators are currently working with both the US and Iran on the next steps for the peace deal.
  • An "incessant misinformation campaign" was mentioned as an attempt to sabotage the agreement.