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Reading Time 2 minutes

SpaceX is preparing for what could become the largest IPO in history, with a valuation exceeding $1.75 trillion and plans to raise up to $75 billion—surpassing Saudi Aramco. The listing would give investors first-time access to Elon Musk’s space ecosystem, spanning Starlink, Starship, and AI ambitions through xAI, but raises questions around valuation as capital-intensive expansion accelerates.

Clock02/04/2026

Investors are bracing for a bumpier fall stock market due to shifting odds of a Federal Reserve interest-rate increase and other macro challenges.

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.

Reading Time 3 minutes

Wall Street’s hottest momentum trade has reversed sharply, as former winners tumble and heavily shorted stocks surge.

Clock31/08/2026
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