Ipo

• SpaceX confidentially filed for a U.S. initial public offering on Wednesday, April 2, 2026, signaling major movement toward going public. • The aerospace company is targeting a $1.75 trillion valuation in the IPO, reflecting investor confidence in the commercial space sector. • The filing comes as Elon Musk's companies face increased market scrutiny, with analyst focus expected to intensify on SpaceX developments.

• OpenAI secured $122 billion in funding, achieving an $852 billion valuation while advancing toward an AI superapp. • The massive round fuels rapid growth and preparations for a potential IPO in the US market. • This positions OpenAI as a dominant force in AI innovation, attracting top talent and resources.

The US is deploying elements of the 31st Marine Expeditionary Unit and amphibious assault ship USS Tripoli to the Middle East, adding to forces nearly two weeks into the war with Iran, per a US official speaking anonymously to Associated Press. This follows Iran's missile and drone attacks closing the Strait of Hormuz, through which one-fifth of global traded oil passes. Defense Secretary Pete Hegseth described Iran's actions as 'sheer desperation.' The move bolsters US posture amid rising casualties and regional strikes.