Daily brief
SpaceX has filed confidentially for an initial public offering, a major step toward allowing public investors to buy shares in Elon Musk's rocket company for the first time. The confidential filing keeps financial details private until closer to the stock market debut, a common preparatory step for companies. (ongoing coverage)
The US has imposed 100% tariffs on certain imported pharmaceutical drugs, targeting patented medicines on the anniversary of what was called 'Liberation Day'.
The Strait of Hormuz blockage reshapes US fuel markets as oil spikes and shares drop following Trump's Iran address.
The IRGC announces retaliatory strikes on US steel and aluminum facilities in the region.
A company backed by Trump sons looks to sell drone interceptors to Gulf states being attacked by Iran.
by WorldBrief & Maksim Micheliov | AI-generated summary