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‘Pathetic, baseless’: Iran lashes out after US blames Tehran of attacking ships with Indians onboard | India News

The Iranian Embassy in India on Saturday rejected US President Donald Trump’s allegation that Iran was behind the drone attack on Indian vessels in the Strait of Hormuz, calling the accusation “baseless.” The embassy further slammed Washington, accusing it of attempting to divert attention from the recent strikes on ships carrying Indian crew members.In a…

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Seventh among giants: SpaceX joins world’s most valuable companies after blockbuster debut

Investors gave SpaceX a blockbuster welcome on its stock market debut, sending the company’s valuation above $2 trillion and cementing its place among the world’s most valuable listed firms.After raising $75 billion in the biggest initial public offering ever, SpaceX began trading under the ticker SPCX at $150, an 11% premium to its IPO price…

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Venezuela oil rush: US investors chase Trump’s $100 billion call as funds target energy assets – report

US investment groups are racing to capitalise on the reopening of Venezuela’s oil sector, targeting underinvested oilfields and launching new investment vehicles after US President Donald Trump’s January call for companies to invest $100 billion to help rebuild the country’s energy industry, the Financial Times reported.Among the early movers is Miami-based Lionheart Capital, which has…

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SpaceX’s $75 billion IPO could get an $11 billion boost — here’s how

Elon Musk‘s aerospace company raised a whopping $75 billion by selling 555.6 million shares, or about 5% of its stock, in Friday’s much-awaited market debut. However, in the weeks ahead, SpaceX could fetch billions more!A mechanism, known as a greenshoe option, gives Morgan Stanley, the stabilisation agent for the listing, the right to buy additional…

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