TruaceTracing the truth around AIFriday, August 28, 2026

Business · Markets & Earnings

2 stories · page 1 of 1

Evidence-backed gain

Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation

SpaceX will kick off the marketing for its highly anticipated stock exchange debut by hosting an event in June for 1,500 retail investors, as executives set out to convince buyers that the aerospace to artificial intelligence group should be valued at $2tn. In an unusual move, the company has earmarked a large portion of its shares – potentially up to 30% – for non-professional, non-institutional investors, banking on the popularity of its chief executive, Elon Musk, to help it raise $75bn (about £56bn) in what…

The Guardian · Business

Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation
After SpaceX’s huge IPO, Americans’ financial future will be bound to AI
Evidence-backed problem

After SpaceX’s huge IPO, Americans’ financial future will be bound to AI

Americans are growing worried about what artificial intelligence portends for their futures. Eight in 10 Americans report concern over AI, compared with a third who report being excited, according to a recent Quinnipiac poll. More than half think it will do more harm than good in their daily lives. Seven out of 10 think it will reduce the number of available jobs. Skeptical though they may be, they are about to get more AI rammed down their throats and stuck into their pension plans and their investment portfoli…

Business