What the SpaceX I.P.O. Means for You, and a Giant Act of Vandalism in D.C.
6/12/202614 min
Plus, the Friday news quiz.
Here’s what we’re covering:
SpaceX Is About to Be in Your 401(k) Whether You Like It or Not, by Mike Isaac and Maureen Farrell
U.S. Plan Is Said to Pull a Third of Fighter Jets It Provides NATO for Europe, by Christopher F. Schuetze and Eric Schmitt
Postal Service Seeks to Block Mail Ballots in States Resisting Trump Demands, by Adam Sella and Nick Corasaniti
Grass on the National Mall Is Vandalized With ’86 47’ Stains, by Neil Vigdor
Israel Set to Rapidly Expand West Bank Settlement, by Isabel Kershner
Nearly Everyone, Everywhere, Veers Left When Walking, by Rachel Nuwer
Listen to the end of the episode for an audio news quiz. If you want to take The Times’s weekly online news quiz, go here.
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Clips
Transcript preview
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Tracy Mumford· Host0:29
[upbeat music] From The New York Times, it's the headlines. I'm Tracy Mumford. Today's Friday, June 12th. Here's what we're covering. This morning, SpaceX will make its debut on the stock market in what's poised to be the largest initial public offering in history. The IPO is expected to not just break the previous record set by the oil giant Saudi Aramco a few years ago, but likely double it, valuing the company at $1.77 trillion. The stock's performance will be a barometer for how enthusiastic people are about Elon Musk and all the things he's promised the company will do, like putting data centers into space and even sending people to Mars. It will also test Wall Street's enthusiasm for artificial intelligence since Musk rolled his AI company into SpaceX too. So far, the hype has been high, with investors going