SpaceX eyes record $75B IPO, valuing firm at $1.765T
SpaceX aims to raise $75 billion in a record IPO, valuing the company at $1.765 trillion. The offering could make Elon Musk the world's first trillionaire.
Category : Company News
CSIRO cuts 151 jobs despite $387M budget boost
Australia's CSIRO has axed 151 research positions, including 92 environmental and 59 health roles, despite a $387.4 million federal budget injection aimed at stabilising the agency.
Toyota reign threatened as BYD surges in Australia
Toyota's decades-long dominance as Australia's top carmaker is under threat from Chinese brand BYD, which nearly doubled sales in May. Legacy brands struggle while emerging marques gain ground.
Suspended Union Exec Tanner Yet to Complete MLS Training
Former Philadelphia Union sporting director Ernst Tanner has not resumed duties after suspension, as he has yet to complete league-ordered restorative practices training mandated by MLS.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
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Consumer Groups Demand Crackdown on Dangerous Online Products
Consumer groups urge the ACCC to act against online retailers selling banned and dangerous products like toy-like lighters and fake tongue studs, exposing Australians to risks.
Blackwoods and Workwear Group Join Bunnings
Wesfarmers announces Blackwoods and Workwear Group will be absorbed under Bunnings Group from July 1, aiming to enhance customer experience and unlock growth in small and medium segments.
Anthropic's Secret $2.5 Trillion IPO Filing Shocks Wall Street
Anthropic, the AI company behind Claude, has confidentially filed for an IPO that could value it at $2.5 trillion, marking a major milestone in the AI space race alongside SpaceX and OpenAI.
Felix Barbalet Decodes Taxpayer Spending
Former public servant Felix Barbalet is helping Australians understand how taxpayer money is spent through his data-driven platform, promoting transparency and accountability.
Ergoflex EOFY Sale: Save Thousands on Mattresses
Upgrade your sleep with Ergoflex's end-of-financial-year sale. Save up to $1,199 on premium memory foam mattresses, pillows, and more. Use code VIP40 for early access.
This Free Telegram App Replaces Your Messy Shopping Notes
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Caroline Marland, first female MD of Guardian Media Group, dies
Caroline Marland, the first woman to hold a senior post on a national newspaper as managing director of Guardian Media Group, has died aged 80. She saved the Guardian financially in the 1980s by capturing job advertising from the Times and Telegraph.
Diller's People Offers $18bn+ for MGM Resorts
Media mogul Barry Diller's People Inc proposes to buy MGM Resorts for over $18bn, a sharp departure from digital media. The offer values MGM at $48.30 per share, a 10.6% premium.
Anthropic Files Confidentially for IPO Amid AI Race
Anthropic, the AI firm behind Claude chatbot, has confidentially filed for an IPO on the US stock market, with a valuation of $965 billion, leapfrogging OpenAI as the world's most valuable startup.
BP Backs Blanc for Chair Search Despite Investor Concerns
BP has reaffirmed support for Amanda Blanc to lead the search for a new chair after Albert Manifold's abrupt departure, despite shareholder concerns over her role in the process.
Alphabet Raises $80bn in Stock for AI Spending
Alphabet plans to raise up to $80bn in equity to fund AI infrastructure, including a $10bn share sale to Berkshire Hathaway. The move highlights the massive capital demands of the AI boom.
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