ALL EYES ON SPACEX AS MARKETS CLOSE SpaceX commanded significant investor and market attention at the close of U.S. trading, drawing cross-platform coverage from Bloomberg Television, Bloomberg Radio, and YouTube during the network's Closing Bell program. The privately held aerospace and space technology company, founded by Elon
SPACEX-TESLA MERGER SEEN AS 'FOREGONE CONCLUSION' BY PROMINENT INVESTOR Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, stated in a Bloomberg interview that he views a potential merger between SpaceX and Tesla as a foregone conclusion, suggesting the prospect has already been a significant
OIL HITS LOWEST SINCE EARLY MARCH ON POTENTIAL HORMUZ REOPENING Crude oil prices declined to their lowest level since the early stages of the Iran conflict, as indicators suggest that shipping flows through the Strait of Hormuz are increasing. The move lower was further supported by reports of progress toward
US ENERGY SECRETARY WRIGHT OUTLINES AMERICA'S ENERGY STRATEGY AT BLOOMBERG SUMMIT US Energy Secretary Chris Wright addressed energy security, supply chains, and global markets at the Bloomberg Energy Security Executive Briefing 2026 in Houston, speaking with Bloomberg's Annmarie Hordern. Wright's remarks come at a
BLOOMBERGNEF WARNS IRAN CONFLICT IS RESHAPING GLOBAL ENERGY SUPPLY AND TRADE FLOWS Tom Rowlands-Rees, Head of Global Power Markets Analysis at BloombergNEF, addressed senior energy executives at the Bloomberg Energy Security Executive Briefing 2026 in Houston, outlining how the ongoing Iran conflict is fundamentally altering energy supply chains, trade routes,
ENERGY MARKET LEADERS ON NAVIGATING RISK Rebecca Babin, Managing Director and Senior Energy Trader at CIBC Private Wealth, and Dan Pickering, Founder and Chief Investment Officer of Pickering Energy Partners, addressed key themes of volatility, diversification, and returns across energy markets at the Bloomberg Energy Security Executive Briefing 2026 in
SPACE STOCKS TUMBLE AS INVESTORS RACE TOWARD MUSK'S IPO SpaceX's highly anticipated initial public offering triggered a broad selloff across the space sector on Friday, with shares of rival rocket, satellite, and space-related companies declining sharply as investor capital rotated toward the Musk-led launch giant. The
CHEVRON CEO WIRTH ADDRESSES ENERGY MARKET VOLATILITY AND LONG-TERM STRATEGY Chevron Chairman and CEO Michael K. Wirth spoke with Bloomberg's Annmarie Hordern at the Bloomberg Energy Security Executive Briefing 2026 in Houston, outlining the company's approach to investment, scale, and long-term strategic planning amid ongoing volatility
ICE CUBE'S BIG3 BASKETBALL LEAGUE EYES PUBLIC MARKETS AT $290 MILLION VALUATION Rapper and entrepreneur Ice Cube, co-founder of the 3-on-3 professional basketball league BIG3, has announced plans to take the league public following a $290 million valuation. Speaking on Bloomberg's "The Close," Ice
SPACEX MAKES HISTORIC MARKET DEBUT WITH $75 BILLION IPO SpaceX shares surged on their first day of trading Friday following a record-breaking $75 billion initial public offering, marking one of the most anticipated and largest IPO events in recent market history. The listing drew intense investor interest, reflecting broad enthusiasm
MATT HOLT'S THOREAU GROUP NEARS $12 BILLION DEAL FOR ENSEMBLE HEALTH PARTNERS Private equity executive Matt Holt's investment firm Thoreau Group is in advanced negotiations to acquire Ensemble Health Partners in a deal reportedly valued at approximately $12 billion, according to sources familiar with the matter.
KNICKS WIN TRIGGERED RECORD LOSS FOR SUSQUEHANNA SPORTS TRADERS Susquehanna International Group, the Philadelphia-based quantitative trading firm founded by billionaire Jeff Yass, suffered a record single-event loss in its sports trading division following the New York Knicks' dramatic comeback victory in Game 4 of the NBA Finals. The loss