GE in the news: Trump-Xi Boeing deal eyed as pivotal; GE’s aircraft sales to Beijing sit at center of broader defense/industry shakeups. GE, a 1892-founded U.S. conglomerate now largely split into energy, aviation, and healthcare.
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.