On Wednesday, SpaceX announced its plans to go public, potentially increasing Elon Musk’s wealth significantly.This major IPO could generate substantial funds for the leading private space company and position Musk as the world’s first trillionaire.Musk founded SpaceX in 2002, focusing initially on rocket development and payload delivery. In 2021, it
Tag: financial markets
Kenyan Shilling Holds Steady as Treasury Bill Rates Decline – CBK
The Kenyan shilling demonstrated stability against major international and regional currencies in the week ending March 26, 2026, despite a decline in Treasury bill interest rates, as reported by the Central Bank of Kenya (CBK) in its Weekly Bulletin on March 27.On March 26, the shilling traded at Ksh129.72 per
Elon Musk Found Liable for Misleading Tweets in Twitter Deal Case
A jury has determined that Elon Musk misled the public during a critical phase of his 2022 Twitter acquisition. After two days of deliberation, this unanimous verdict emerged from a San Francisco federal court, where a group of Twitter investors argued they relied on Musk's statements.During his testimony, Musk maintained