Elon Musk’s SpaceX reached a valuation of $350 billion through a $1.25 billion secondary share sale at $185 a share, with SpaceX purchasing $500 million in common stock. This valuation marks a 67% increase from its previous high of $210 billion in a June sale, showcasing the company’s financial strength and dominant position in the space industry. SpaceX’s Starlink satellite internet business and ongoing development of the Starship rocket are key drivers of its success, with the company maintaining a near-monopoly in the U.S. satellite launch market and aiming to revolutionize space travel.
Full Article
'Madness' to allow home schooling when abuse suspected
Children's Commissioner for England, Dame Rachel de Souza, deems it "madness" that parents can homeschool a child suspected of abuse, following the tragic murder of 10-year-old Sara Sharif by her father and stepmother. Sara was removed from school after concerns were raised, prompting Dame Rachel to call for stricter regulations, including a register of homeschooled children and greater data sharing between services to protect at-risk children. Surrey County Council plans an independent safeguarding review of...
Read more