Elon Musk becomes world's first trillionaire on paper after SpaceX IPO. SpaceX's $75B listing values his stake at $866.5B, with Tesla holdings near $286B pushing total wealth above $1T.

Uber explores takeover of Delivery Hero, reaching out to parties interested in its regional businesses to secure regulatory approval, sources say.

Uber is reaching out to parties interested in Delivery Hero's regional businesses as it works toward a takeover of the German food delivery company that would get regulatory approval, people with knowledge of the matter said.

China approves IPO registration of DRAM maker CXMT for Shanghai STAR Market listing, aiming to raise $4.33 billion in what would be the second-largest IPO on the tech board.

China's securities regulator has approved the IPO registration of CXMT Corporation, the country's largest DRAM maker, for listing on the STAR Market. The company plans to raise 29.5 billion yuan (about $4.33 billion).

Manufacturers sign record number of $1B+ deals as AI boom drives demand for supply-chain resilience, Bloomberg reports.

Manufacturers are striking $1 billion-plus deals at a record pace as companies seek a bigger slice of the AI boom and invest in supply-chain resilience.

University of Michigan consumer sentiment preliminary June reading 48.9, topping consensus estimate of 46.0.

University of Michigan Surveys of Consumers Sentiment preliminary June reading 48.9, consensus estimate was 46.0.