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SpaceX IPO: Elon Musk’s firm sees massive oversubscription as institutional orders top $10 billion

SpaceX’s blockbuster initial public offering has attracted more than $10 billion in orders from institutional investors, signalling strong demand for what could become the largest IPO in history, according to Bloomberg sources.Banks managing the offering are expected to stop accepting orders from institutional investors after US markets close on Wednesday, giving them time to assess…

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‘Desperate bid to cover up failings’: India flays Pakistan for ‘brutality’ in PoK; 11 protesters killed | India News

NEW DELHI: The ministry of external affairs on Tuesday condemned reports of violence against protesters in Pakistan-occupied Kashmir (PoK). Responding to the situation, MEA spokesperson Randhir Jaiswal said New Delhi had observed “a pattern of fake news and videos emanating from Pakistan” in connection with the protests. “It is a desperate attempt by Pakistan to…

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Strategy’s (MSTR) bitcoin purchase fails to stir BTC price: Crypto Markets Today

The recovery in bitcoin BTC$63,271.85 stalled Tuesday even after Strategy (MSTR) bought more of the largest cryptocurrency following its end-May sale. Bitcoin was recently trading near $62,600, little changed from Monday. This follows Sunday’s 4% bounce, which briefly took prices above $64,000 on some exchanges, including Coinbase. Strategy, the largest publicly listed bitcoin holder, said…

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