Global conglomerate with a long industrial legacy
The summit in Beijing has yielded a partial Boeing order, with U.S. and Chinese officials reporting about 200 jets and a potential up to 750 more if performance meets expectations. Beijing has signaled it will purchase thousands of U.S. agricultural products and is reviewing tariff actions as talks continue. The precise models and delivery timelines remain unclear.
SpaceX has floated on Nasdaq under the ticker SPCX, raising about $75 billion at $135 a share and debuting with a market value above $2 trillion. The newly public group combines SpaceX's rocket and Starlink businesses with xAI and X. Investors have driven strong demand despite losses and questions about unproven projects such as orbital data centres and Mars plans.
Turkish President Erdogan has urged the EU and NATO to integrate Turkey into Europe’s defence and security programs, citing Turkey’s role in European security. The push comes as the EU weighs the SAFE initiative and Greece signals possible veto ahead of a July NATO summit in Istanbul.
The US and Iran have exchanged fresh strikes this weekend and on Monday, reversing a recent interim ceasefire and re‑opening doubt over control of the Strait of Hormuz. President Donald Trump has declared the ceasefire "over," ordered further strikes and revoked a temporary oil waiver. Oil has jumped into the high $70s–$80s and global markets have fallen.