What’s the right S&P sector for SpaceX?

SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed….

Read More

Defense startups eye Iran war windfall

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Once considered a taboo sector to funnel money into by venture capitalists, defense tech has seen a remarkable shift over the past few years. It raised just $869 million globally in 2020, according to deal-counting platform Dealroom —…

Read More

U.S. fighter jet downed in Iran

A U.S. Air Force F-15E Strike Eagle on 16 July 2020. Nurphoto | Nurphoto | Getty Images The U.S. was searching for the crew of an American fighter jet Friday after it was downed in Iran, a U.S. official told MS NOW. It isn’t clear if the plane was shot down or went down for…

Read More