Consumer alert issued as gift card scams increase during holiday shopping season
WASHINGTON — As the holiday shopping season accelerates, consumer protection officials are warning residents to remain vigilant against increasingly sophisticated gift card scams. District Attorney General Brian Schwalb issued a public consumer alert on Monday, cautioning shoppers about a growing form of retail fraud known as gift card draining, which has become more prevalent during peak gift-giving periods. According to Schwalb’s office, gift card draining differs from traditi
Consumer alert issued as gift card scams increase during holiday shopping season
WASHINGTON — As the holiday shopping season accelerates, consumer protection officials are warning residents to remain vigilant against increasingly sophisticated gift card scams. District Attorney General Brian Schwalb issued a public consumer alert on Monday, cautioning shoppers about a growing form of retail fraud known as gift card draining, which has become more prevalent during peak gift-giving periods. According to Schwalb’s office, gift card draining differs from traditi
Culver’s opens new restaurant in northeast Columbus after months of delays
Culver’s has officially opened a new restaurant in northeast Columbus, marking the latest expansion of the fast-casual chain in central Ohio after several delays pushed back its original launch timeline. The restaurant began welcoming customers on December 8 at 6000 Old Hamilton Road, located within the Hamilton Quarter shopping center near the Gahanna and New Albany communities. The opening follows months of anticipation after the company initially targeted an October debut. Whil
Culver’s opens new restaurant in northeast Columbus after months of delays
Culver’s has officially opened a new restaurant in northeast Columbus, marking the latest expansion of the fast-casual chain in central Ohio after several delays pushed back its original launch timeline. The restaurant began welcoming customers on December 8 at 6000 Old Hamilton Road, located within the Hamilton Quarter shopping center near the Gahanna and New Albany communities. The opening follows months of anticipation after the company initially targeted an October debut. Whil
Donald Trump blames political animosity after reported killing of filmmaker Rob Reiner
US President Donald Trump issued a controversial response on Monday following reports of the deaths of veteran filmmaker and actor Rob Reiner and his wife, Michele Reiner, as authorities in California continue to investigate the circumstances surrounding the incident. The comments, posted on Trump’s social media platform Truth Social, quickly drew attention for their political tone and for linking the tragedy to long-standing ideological disputes. In his statement, Trump referred
Donald Trump blames political animosity after reported killing of filmmaker Rob Reiner
US President Donald Trump issued a controversial response on Monday following reports of the deaths of veteran filmmaker and actor Rob Reiner and his wife, Michele Reiner, as authorities in California continue to investigate the circumstances surrounding the incident. The comments, posted on Trump’s social media platform Truth Social, quickly drew attention for their political tone and for linking the tragedy to long-standing ideological disputes. In his statement, Trump referred
Rob Reiner and wife Michele found dead in Brentwood home as son Nick Reiner arrested
Legendary Hollywood filmmaker Rob Reiner and his wife, Michele Singer Reiner, were found dead inside their Brentwood residence in Los Angeles on December 14, triggering a high-profile criminal investigation that has drawn national attention. Authorities have since arrested the couple’s son, Nick Reiner, in connection with the case, according to law enforcement sources familiar with the investigation. Nick Reiner is currently in custody under the supervision of the Los Angeles Coun
Rob Reiner and wife Michele found dead in Brentwood home as son Nick Reiner arrested
Legendary Hollywood filmmaker Rob Reiner and his wife, Michele Singer Reiner, were found dead inside their Brentwood residence in Los Angeles on December 14, triggering a high-profile criminal investigation that has drawn national attention. Authorities have since arrested the couple’s son, Nick Reiner, in connection with the case, according to law enforcement sources familiar with the investigation. Nick Reiner is currently in custody under the supervision of the Los Angeles Coun
Australia and England unite in tribute after deadly Bondi Beach terror attack
Australia is mourning after a devastating terror attack at Sydney’s iconic Bondi Beach on Sunday evening left at least 15 people dead and more than 40 injured, sending shockwaves across the nation and around the world. The attack occurred during a gathering marking the first night of Hanukkah, turning a moment of religious celebration into one of profound tragedy and grief. Emergency services responded swiftly, but the scale and brutality of the incident have deeply scarred the community an
Australia and England unite in tribute after deadly Bondi Beach terror attack
Australia is mourning after a devastating terror attack at Sydney’s iconic Bondi Beach on Sunday evening left at least 15 people dead and more than 40 injured, sending shockwaves across the nation and around the world. The attack occurred during a gathering marking the first night of Hanukkah, turning a moment of religious celebration into one of profound tragedy and grief. Emergency services responded swiftly, but the scale and brutality of the incident have deeply scarred the community an
Stranded Indian h-1b workers seek help as visa interview delays spark debate
Hundreds of Indian professionals holding H-1B work visas have found themselves unexpectedly stranded in India after US authorities postponed visa interviews that were originally scheduled for December, pushing them to March, April, or even later next year. The abrupt decision has disrupted travel plans, employment continuity and family stability for many skilled workers who were visiting India temporarily and expected to return to their jobs in the United States within weeks. The sudden uncertai
Stranded Indian h-1b workers seek help as visa interview delays spark debate
Hundreds of Indian professionals holding H-1B work visas have found themselves unexpectedly stranded in India after US authorities postponed visa interviews that were originally scheduled for December, pushing them to March, April, or even later next year. The abrupt decision has disrupted travel plans, employment continuity and family stability for many skilled workers who were visiting India temporarily and expected to return to their jobs in the United States within weeks. The sudden uncertai
Russia’s doomsday radio sends rare surge of cryptic signals amid rising Europe war fears
Russia’s mysterious shortwave radio station known as UVB-76, often referred to as the “Doomsday Radio” or “The Buzzer,” transmitted an unusually high number of cryptic messages this week, drawing renewed attention from military analysts and security observers across Europe. The rare surge in activity included three transmissions on Monday, eight more on Wednesday, and an extended broadcast combining faint music with long sequences of Morse code, an operational pattern that has not b
Russia’s doomsday radio sends rare surge of cryptic signals amid rising Europe war fears
Russia’s mysterious shortwave radio station known as UVB-76, often referred to as the “Doomsday Radio” or “The Buzzer,” transmitted an unusually high number of cryptic messages this week, drawing renewed attention from military analysts and security observers across Europe. The rare surge in activity included three transmissions on Monday, eight more on Wednesday, and an extended broadcast combining faint music with long sequences of Morse code, an operational pattern that has not b
Thailand and Cambodia halt border fighting after talks with US president Trump
United States President Donald Trump said on Friday that the prime ministers of Thailand and Cambodia have agreed to halt fighting following days of deadly clashes along their disputed border, raising hopes for a return to stability in the volatile region. The announcement came after Trump held separate phone conversations with Thai Prime Minister Anutin Charnvirakul and Cambodian Prime Minister Hun Manet, as tensions threatened to escalate into a broader military confrontation. In
Thailand and Cambodia halt border fighting after talks with US president Trump
United States President Donald Trump said on Friday that the prime ministers of Thailand and Cambodia have agreed to halt fighting following days of deadly clashes along their disputed border, raising hopes for a return to stability in the volatile region. The announcement came after Trump held separate phone conversations with Thai Prime Minister Anutin Charnvirakul and Cambodian Prime Minister Hun Manet, as tensions threatened to escalate into a broader military confrontation. In
Tulsi Gabbard flags terror vetting gaps among Afghan evacuees after US withdrawal
US Director of National Intelligence Tulsi Gabbard said on Friday that roughly 2,000 Afghan nationals who entered the United States following the 2021 withdrawal from Afghanistan are suspected of having links to terrorist organisations, raising renewed questions about the vetting process used during the large-scale evacuation effort. Her remarks added to an ongoing debate in Washington over national security risks tied to the resettlement of tens of thousands of Afghans after the collapse of
Tulsi Gabbard flags terror vetting gaps among Afghan evacuees after US withdrawal
US Director of National Intelligence Tulsi Gabbard said on Friday that roughly 2,000 Afghan nationals who entered the United States following the 2021 withdrawal from Afghanistan are suspected of having links to terrorist organisations, raising renewed questions about the vetting process used during the large-scale evacuation effort. Her remarks added to an ongoing debate in Washington over national security risks tied to the resettlement of tens of thousands of Afghans after the collapse of
Immigration, innovation and irony: examining the backlash against Indian technologists
Recent calls by some US political activists to reduce or eliminate the presence of Indian professionals in American workplaces have reignited a long-running debate over immigration, national identity and economic growth. Mark Mitchell, a US pollster who has promoted what he describes as a “de-Indianisation” consultancy, has become a prominent voice in this discourse. His arguments reflect a broader strain of nativism that has surfaced periodically throughout American history, often at mom
Immigration, innovation and irony: examining the backlash against Indian technologists
Recent calls by some US political activists to reduce or eliminate the presence of Indian professionals in American workplaces have reignited a long-running debate over immigration, national identity and economic growth. Mark Mitchell, a US pollster who has promoted what he describes as a “de-Indianisation” consultancy, has become a prominent voice in this discourse. His arguments reflect a broader strain of nativism that has surfaced periodically throughout American history, often at mom
Trump weighs Core-5 global power bloc as potential alternative to the G7
US President Donald Trump is reported to be considering the formation of a new geopolitical grouping known as the “Core-5,” a proposed alliance that would bring together the United States, Russia, China, India, and Japan. The initiative is being explored as a potential alternative to the Group of Seven, signaling a significant shift in Washington’s approach to global leadership and alliance-building. If pursued, the Core-5 could represent one of the most powerful strategic blocs ever as
Trump weighs Core-5 global power bloc as potential alternative to the G7
US President Donald Trump is reported to be considering the formation of a new geopolitical grouping known as the “Core-5,” a proposed alliance that would bring together the United States, Russia, China, India, and Japan. The initiative is being explored as a potential alternative to the Group of Seven, signaling a significant shift in Washington’s approach to global leadership and alliance-building. If pursued, the Core-5 could represent one of the most powerful strategic blocs ever as
US Embassy delays H-1B visa interviews in India, pushing appointments to 2026
The US Embassy in India has postponed temporary work visa interviews scheduled for mid-December, triggering widespread concern among Indian professionals awaiting H-1B visa processing. The affected interviews have now been rescheduled to March and April 2026, according to communications sent to applicants and legal experts familiar with the matter. The unexpected decision has disrupted travel and employment plans for thousands of workers who rely on timely visa stamping to continue their role
US Embassy delays H-1B visa interviews in India, pushing appointments to 2026
The US Embassy in India has postponed temporary work visa interviews scheduled for mid-December, triggering widespread concern among Indian professionals awaiting H-1B visa processing. The affected interviews have now been rescheduled to March and April 2026, according to communications sent to applicants and legal experts familiar with the matter. The unexpected decision has disrupted travel and employment plans for thousands of workers who rely on timely visa stamping to continue their role
Silver prices cross Rs 2 lakh on MCX as industrial demand and global cues boost rally
Silver prices touched a key psychological level on Friday as March futures on the Multi Commodity Exchange briefly crossed the Rs 2 lakh mark, reflecting strong momentum in the bullion market. The contract rose to an intraday high of Rs 2,00,362 before easing slightly in late trade. By 3:54 pm, silver was quoted at Rs 1,99,238, still holding most of the day’s gains as traders assessed near-term cues. The move marks the continuation of a steady rally seen over the past several weeks, driven by a combination of supportive global and domestic factors. A softer US dollar and declining global interest rates have improved the appeal of non-yielding assets such as precious metals, encouraging investor participation. At the same time, broader strength across industrial commodities has added to bullish sentiment in silver, which straddles both investment and industrial demand. Market participants point to global monetary easing as a key driver behind the recent surge. With the US Federal Reserve cutting rates again, expectations of a prolonged low-rate environment have strengthened. This has reduced the opportunity cost of holding metals and increased demand from investors seeking diversification and protection against currency volatility. A weaker dollar has further supported prices by making silver cheaper for overseas buyers, lifting global demand. Industrial consumption has also emerged as a significant pillar for prices. Silver remains a critical input for solar panels, electric vehicles, semiconductors and a wide range of electronic components. As global investment in clean energy and technology accelerates, demand for the metal continues to expand. Several industry estimates suggest that supply growth from mining has not kept pace with rising consumption, resulting in a persistent global supply deficit. In India, demand has been reinforced by the rapid expansion of solar power capacity and the government’s push to strengthen domestic electronics manufacturing. Traders noted that once silver moved decisively above the Rs 1.90 lakh resistance zone, momentum-based buying gathered pace, carrying prices toward the Rs 2 lakh threshold. The longer-term outlook remains constructive, supported by structural demand trends. Analysts tracking the market highlight that the imbalance between supply and consumption is likely to persist, keeping prices elevated. Based on these fundamentals, some projections point to a potential upside toward Rs 2.40 lakh over the medium to long term, provided global demand remains steady and mining output does not rise sharply. From a technical perspective, the ability of silver to sustain levels near Rs 2 lakh will be closely watched. Immediate resistance is seen around Rs 2,00,500, while support is placed near Rs 1,96,000. A firm close above resistance could strengthen expectations of a move toward the Rs 2.10 lakh to Rs 2.15 lakh range. However, traders caution that short-term volatility is likely, with profit booking or shifts in global rate expectations capable of triggering temporary corrections. Despite the possibility of near-term swings, the broader fundamentals continue to favour silver. Growing demand from solar, electronics and EV segments, combined with limited supply expansion, underpins the bullish outlook. The recent move past Rs 2 lakh has set a new reference point for the market, and its ability to build on this milestone will depend on how global monetary policy, industrial consumption and investor sentiment evolve in the weeks ahead.
Silver prices cross Rs 2 lakh on MCX as industrial demand and global cues boost rally
Silver prices touched a key psychological level on Friday as March futures on the Multi Commodity Exchange briefly crossed the Rs 2 lakh mark, reflecting strong momentum in the bullion market. The contract rose to an intraday high of Rs 2,00,362 before easing slightly in late trade. By 3:54 pm, silver was quoted at Rs 1,99,238, still holding most of the day’s gains as traders assessed near-term cues. The move marks the continuation of a steady rally seen over the past several weeks, driven by a combination of supportive global and domestic factors. A softer US dollar and declining global interest rates have improved the appeal of non-yielding assets such as precious metals, encouraging investor participation. At the same time, broader strength across industrial commodities has added to bullish sentiment in silver, which straddles both investment and industrial demand. Market participants point to global monetary easing as a key driver behind the recent surge. With the US Federal Reserve cutting rates again, expectations of a prolonged low-rate environment have strengthened. This has reduced the opportunity cost of holding metals and increased demand from investors seeking diversification and protection against currency volatility. A weaker dollar has further supported prices by making silver cheaper for overseas buyers, lifting global demand. Industrial consumption has also emerged as a significant pillar for prices. Silver remains a critical input for solar panels, electric vehicles, semiconductors and a wide range of electronic components. As global investment in clean energy and technology accelerates, demand for the metal continues to expand. Several industry estimates suggest that supply growth from mining has not kept pace with rising consumption, resulting in a persistent global supply deficit. In India, demand has been reinforced by the rapid expansion of solar power capacity and the government’s push to strengthen domestic electronics manufacturing. Traders noted that once silver moved decisively above the Rs 1.90 lakh resistance zone, momentum-based buying gathered pace, carrying prices toward the Rs 2 lakh threshold. The longer-term outlook remains constructive, supported by structural demand trends. Analysts tracking the market highlight that the imbalance between supply and consumption is likely to persist, keeping prices elevated. Based on these fundamentals, some projections point to a potential upside toward Rs 2.40 lakh over the medium to long term, provided global demand remains steady and mining output does not rise sharply. From a technical perspective, the ability of silver to sustain levels near Rs 2 lakh will be closely watched. Immediate resistance is seen around Rs 2,00,500, while support is placed near Rs 1,96,000. A firm close above resistance could strengthen expectations of a move toward the Rs 2.10 lakh to Rs 2.15 lakh range. However, traders caution that short-term volatility is likely, with profit booking or shifts in global rate expectations capable of triggering temporary corrections. Despite the possibility of near-term swings, the broader fundamentals continue to favour silver. Growing demand from solar, electronics and EV segments, combined with limited supply expansion, underpins the bullish outlook. The recent move past Rs 2 lakh has set a new reference point for the market, and its ability to build on this milestone will depend on how global monetary policy, industrial consumption and investor sentiment evolve in the weeks ahead.
Cognizant Launches 1,000-Seat IT Facility in Visakhapatnam – A Major Boost to Vizag’s IT Growth
Visakhapatnam has taken a significant leap toward becoming a major IT hub with Cognizant officially beginning operations at its new 1,000-seat facility in the Mahati Fintech building at Rushikonda IT Park Hill 2. Industry experts say this marks the beginning of a new growth phase for the city’s technology ecosystem. The development comes months after discussions held in Davos, where Minister Nara Lokesh met Cognizant’s leadership on January 23. The company approved its Visakhapa
Cognizant Launches 1,000-Seat IT Facility in Visakhapatnam – A Major Boost to Vizag’s IT Growth
Visakhapatnam has taken a significant leap toward becoming a major IT hub with Cognizant officially beginning operations at its new 1,000-seat facility in the Mahati Fintech building at Rushikonda IT Park Hill 2. Industry experts say this marks the beginning of a new growth phase for the city’s technology ecosystem. The development comes months after discussions held in Davos, where Minister Nara Lokesh met Cognizant’s leadership on January 23. The company approved its Visakhapa
US–India Relations Update: Trump and Modi Discuss Ukraine, Trade, and Global Stability
US President Donald Trump and Indian Prime Minister Narendra Modi held a phone conversation on Thursday, December 11, as confirmed by US Ambassador Sergio Gor. During the discussion, Prime Minister Modi expressed his support for President Trump’s ongoing efforts to help bring peace to Ukraine. The call comes at a time when both nations are navigating trade tensions following the United States’ decision earlier this year to impose a 50% tariff on select Indian goods. According to
US–India Relations Update: Trump and Modi Discuss Ukraine, Trade, and Global Stability
US President Donald Trump and Indian Prime Minister Narendra Modi held a phone conversation on Thursday, December 11, as confirmed by US Ambassador Sergio Gor. During the discussion, Prime Minister Modi expressed his support for President Trump’s ongoing efforts to help bring peace to Ukraine. The call comes at a time when both nations are navigating trade tensions following the United States’ decision earlier this year to impose a 50% tariff on select Indian goods. According to
Winter farmers markets continue across central Ohio with fresh local goods
As colder weather settles in across central Ohio, several communities continue to support local growers and small businesses through a variety of winter farmers markets. Operating indoors or in sheltered locations, these markets ensure residents have year-round access to fresh produce, baked goods, artisanal items and other locally sourced products. Organizers say the winter season often strengthens the sense of community, allowing shoppers and vendors to connect in a more personal setting wh
Winter farmers markets continue across central Ohio with fresh local goods
As colder weather settles in across central Ohio, several communities continue to support local growers and small businesses through a variety of winter farmers markets. Operating indoors or in sheltered locations, these markets ensure residents have year-round access to fresh produce, baked goods, artisanal items and other locally sourced products. Organizers say the winter season often strengthens the sense of community, allowing shoppers and vendors to connect in a more personal setting wh
Mango launches first Illinois store on Chicago’s Mag Mile
A new international fashion entrant has arrived on Chicago’s Magnificent Mile as Mango formally opened its first Illinois store on Wednesday, marking a significant milestone in the brand’s ongoing national expansion. The two-story boutique, located at the prominent intersection of Michigan Avenue and Erie Street, represents the company’s 60th U.S. location and underscores its intention to strengthen its presence in major retail corridors across the country. Crowds gathered ahead of the
Mango launches first Illinois store on Chicago’s Mag Mile
A new international fashion entrant has arrived on Chicago’s Magnificent Mile as Mango formally opened its first Illinois store on Wednesday, marking a significant milestone in the brand’s ongoing national expansion. The two-story boutique, located at the prominent intersection of Michigan Avenue and Erie Street, represents the company’s 60th U.S. location and underscores its intention to strengthen its presence in major retail corridors across the country. Crowds gathered ahead of the
US proposes five-year social media checks for visa-free foreign travellers
American authorities have unveiled a proposal that would require foreign tourists from dozens of countries, including the United Kingdom, to provide a five-year record of their social media activity before entering the United States. The measure, introduced by Customs and Border Protection, seeks to significantly expand the personal information collected from travellers who qualify for the visa waiver programme. Forty-two countries currently participate in the programme, which allows short-te
US proposes five-year social media checks for visa-free foreign travellers
American authorities have unveiled a proposal that would require foreign tourists from dozens of countries, including the United Kingdom, to provide a five-year record of their social media activity before entering the United States. The measure, introduced by Customs and Border Protection, seeks to significantly expand the personal information collected from travellers who qualify for the visa waiver programme. Forty-two countries currently participate in the programme, which allows short-te
DC streetcar to shut down amid budget strain and low post-pandemic ridership
The District of Columbia is preparing to close the DC Streetcar after years of delays, significant investment, and ridership levels that never returned to pre-pandemic levels. City officials confirmed that the streetcar, which operates along H Street NE and Benning Road NE from Union Station to Oklahoma Avenue NE, will end service on March 31 due to budget pressures and consistently low demand. The announcement marks a major shift in Washington’s transit strategy, coming nearly a decade aft
DC streetcar to shut down amid budget strain and low post-pandemic ridership
The District of Columbia is preparing to close the DC Streetcar after years of delays, significant investment, and ridership levels that never returned to pre-pandemic levels. City officials confirmed that the streetcar, which operates along H Street NE and Benning Road NE from Union Station to Oklahoma Avenue NE, will end service on March 31 due to budget pressures and consistently low demand. The announcement marks a major shift in Washington’s transit strategy, coming nearly a decade aft
Spacex may target $1.5 trillion valuation in potential 2026 ipo
A recent report has indicated that SpaceX, the aerospace company led by Elon Musk, could be poised for one of the largest public listings in history, with a potential valuation approaching $1.5 trillion. The report, based on information attributed to individuals familiar with ongoing internal discussions, suggests that the company may consider launching an initial public offering in 2026, depending on overall market stability and strategic readiness. If pursued at the scale projected, the listing would position SpaceX among the highest-valued companies ever to enter public markets, reflecting widespread investor confidence in the growing commercial space sector and in the company’s expanding operational footprint. The report indicated that SpaceX is exploring the possibility of raising more than $30 billion through the offering, a figure notably higher than earlier expectations. Such a fundraising effort would place the company’s valuation close to levels only seen in a few landmark listings, including major energy and technology offerings of previous years. Sources cited in the report noted that the company may adjust the timeline, potentially moving the offering into 2027, should financial or regulatory conditions make a delay more favourable. The expected proceeds would support the expansion of space-based data centres, a growing area of interest for SpaceX as it works to increase global connectivity and strengthen the infrastructure supporting its satellite-driven services. Financial projections referenced in the report show that SpaceX may generate around $15 billion in revenue during 2025, with estimates rising to between $22 billion and $24 billion in 2026. Much of this anticipated growth is attributed to Starlink, the satellite-internet service that has rapidly expanded its global user base. The company is also conducting a secondary share sale that allows employees to sell stock at a price suggesting a valuation exceeding $800 billion, demonstrating continued private-market demand for SpaceX shares. Previous internal transactions have placed the company’s value near the $800 billion level, but the higher valuation discussed in the latest report reflects expectations tied specifically to an eventual public listing. Musk has commented in the past that some earlier valuation figures were inaccurate, although he acknowledged that employee share sales have occurred periodically. He has not yet addressed the newly reported projections regarding a possible IPO. Musk has often expressed caution about taking SpaceX public, emphasising that the company’s long-term ambitions, including advancing human exploration of Mars, require flexibility that may not always align with public-market demands. Despite this reluctance, the company has maintained strong cash flow, according to Musk’s earlier statements, and has been able to conduct internal share buybacks without seeking external funding. As of now, neither Musk nor SpaceX has confirmed any details related to the potential listing. The timeline, valuation and structure of the offering remain subject to change, and any future decision will likely depend on economic conditions, regulatory considerations and the company’s strategic priorities. Nonetheless, the prospect of a record-setting valuation continues to draw significant attention, underscoring SpaceX’s influence within the global space economy and the broader technology landscape.
Spacex may target $1.5 trillion valuation in potential 2026 ipo
A recent report has indicated that SpaceX, the aerospace company led by Elon Musk, could be poised for one of the largest public listings in history, with a potential valuation approaching $1.5 trillion. The report, based on information attributed to individuals familiar with ongoing internal discussions, suggests that the company may consider launching an initial public offering in 2026, depending on overall market stability and strategic readiness. If pursued at the scale projected, the listing would position SpaceX among the highest-valued companies ever to enter public markets, reflecting widespread investor confidence in the growing commercial space sector and in the company’s expanding operational footprint. The report indicated that SpaceX is exploring the possibility of raising more than $30 billion through the offering, a figure notably higher than earlier expectations. Such a fundraising effort would place the company’s valuation close to levels only seen in a few landmark listings, including major energy and technology offerings of previous years. Sources cited in the report noted that the company may adjust the timeline, potentially moving the offering into 2027, should financial or regulatory conditions make a delay more favourable. The expected proceeds would support the expansion of space-based data centres, a growing area of interest for SpaceX as it works to increase global connectivity and strengthen the infrastructure supporting its satellite-driven services. Financial projections referenced in the report show that SpaceX may generate around $15 billion in revenue during 2025, with estimates rising to between $22 billion and $24 billion in 2026. Much of this anticipated growth is attributed to Starlink, the satellite-internet service that has rapidly expanded its global user base. The company is also conducting a secondary share sale that allows employees to sell stock at a price suggesting a valuation exceeding $800 billion, demonstrating continued private-market demand for SpaceX shares. Previous internal transactions have placed the company’s value near the $800 billion level, but the higher valuation discussed in the latest report reflects expectations tied specifically to an eventual public listing. Musk has commented in the past that some earlier valuation figures were inaccurate, although he acknowledged that employee share sales have occurred periodically. He has not yet addressed the newly reported projections regarding a possible IPO. Musk has often expressed caution about taking SpaceX public, emphasising that the company’s long-term ambitions, including advancing human exploration of Mars, require flexibility that may not always align with public-market demands. Despite this reluctance, the company has maintained strong cash flow, according to Musk’s earlier statements, and has been able to conduct internal share buybacks without seeking external funding. As of now, neither Musk nor SpaceX has confirmed any details related to the potential listing. The timeline, valuation and structure of the offering remain subject to change, and any future decision will likely depend on economic conditions, regulatory considerations and the company’s strategic priorities. Nonetheless, the prospect of a record-setting valuation continues to draw significant attention, underscoring SpaceX’s influence within the global space economy and the broader technology landscape.









