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Sports Jun 07, 2026

Christmas Day Backers Shortchanged by Derby's Non-Runner Ruling

The 2026 Epsom Derby winner Christmas Day saw his backers suffer financial losses after stewards de…
The Controversial Non-Runner DecisionHow long must Epsom wait to catch a break? The main elements were all in place for a feelgood running of the Derby on Saturday: a double-figure field, the major trial winners all in the lineup, and fresh incentives launched to encourage walk-up punters back to the infield. The weather gods, though, had other ideas.Would Christmas Day have won on good-to-firm ground? Perhaps. Every horse has its chance, after all. But he was surely not a 7-1 shot had the rain not arrived, having finished only third in the Dante Stakes in May, when he was running on ground without "soft" in the description for the first time. As Ronan Whelan, Christmas Day's rider, put it, the "stars aligned" for Aidan O'Brien's fourth-string, who beat both James J Braddock, the third horse home on Saturday, and Pierre Bonnard, the seventh, on soft ground at Leopardstown in April. As things stand, though, it is hard to see him as anything more than a very average winner of the Derby, and his next race, which could be as soon as the Irish Derby later this month, will do more to establish his place in the three-year-old generation.The Non-Runner Ruling and Its AftermathIf or when he next runs into Maltese Cross, Saturday's runner-up, on good ground or better, my money would be on William Haggas's colt to reverse the form. Tom Marquand had little choice but to drop him into midfield from his wide draw in stall one, and he was the only runner to make significant ground on the winner, who was perfectly positioned throughout, in the closing stages, despite clearly hating the ground.For as long as humans race thoroughbreds, though, Christmas Day will be in the record books as the 2026 Derby winner, so fair play to the "lads" in the Coolmore Stud syndicate for letting him take his chance. And respect too to the punters who read back through his form, pondered the weather forecast and backed him down to single-figure odds, from as big as 25-1 after the final declarations and draw on Wednesday.Respect, though, is no substitute for hard cash, and many of Christmas Day's backers suffered the post-race slap in the face of a 25p Rule 4 deduction in every pound of their winnings after the stewards decided that Benvenuto Cellini, the 3-1 favourite, had been denied a fair start and should be declared a non-runner. Benvenuto Cellini, O'Brien's first-string with Ryan Moore holding the reins, had a hind leg on the inside rail of his starting stall when the gates opened. He was slow to stride as a result and eventually crossed the line in 10th having never threatened to land a blow on his stable companion.This according to Shaun Parker, the British Horseracing Authority's head of stewarding, was enough for the stewards to decide that Benvenuto Cellini's chance had been "materially affected", and that the officials did not "feel we had any choice but to declare him a non-runner". The rule covering Saturday's incident dates back to April 2024, before which horses could be declared non-runners only as a result of faulty action of the starting stalls or if they were riderless at the off. It has been called into action several times since – last month, Cashbox was declared a non-runner at Windsor in near-identical circumstances – but ruling out the 3-1 favourite for Flat racing's showpiece Classic is clearly of a very different order of magnitude.Financial Implications of the DecisionThe rule, as is the case with many of those in racing, is designed with punters in mind, and ensuring that they get a fair run for their money. As Parker framed it on Saturday: "If you'd backed the favourite and that's happened to you at the start, it would be very difficult to explain why we didn't think that it had materially affected his chances and they'd actually lost their money." Benvenuto Cellini's backers were no doubt happy to get their stake money back after seeing their horse trail home down the field, and the betting firms that were willing to take a significant hit by waiving the Rule 4 deduction, including Ladbrokes, Coral and Boylesports, deserve a name-check.In the view of this longtime punter, at least, it was a poor decision, made as the result of a rule seeking to micromanage events that should fall instead into the realm of tough racing luck. All manner of incidents at the start can "materially affect" a horse's chance. It may rear a split-second before the stalls open. Will that be sufficient to see a horse declared a non-runner at Royal Ascot next week? And if not, why not? The stewards' decision also not only cost most backers of Christmas Day money, it cost the sport money given racing draws significant funding from both turnover and betting firms' gross profits, and the Derby is one of the biggest betting races of the year.Impact on Horse Racing's FutureThe "fair start" rule was introduced with good intentions, but while no one enjoys backing an unlucky loser it is an inevitable part of betting on horses. What punters absolutely detest, however, is backing a winner at a good price and then losing a decent chunk of their anticipated return. As for the Classic weekend as a whole, Saturday's weather washed away any hopes of a 60,000-attendance over the two days, but the attendance of 22,557 for the Derby was the highest since 2022 and the two-day total of 48,261 was 28% up on last year.A promising year one, in other words, in the Jockey Club's £6m, five-year plan to revive the Derby. And the weather, we hope, can only be better next year.
#Derby 2026 #Benvenuto Cellini #Christmas Day
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Tech Jun 07, 2026

Can a Smartphone PIN Outperform Passwords? Experts Debate Passkey Security

A Guardian reader questions whether a phone‑based passkey—such as a PIN or facial ID—can truly be s…
Reader’s Dilemma: Trusting Passkeys Over Traditional PasswordsMartin Avis from Chester asks whether a smartphone PIN or facial recognition can be safer than a complicated password combined with two‑factor authentication, especially if the phone is stolen or lost.Understanding Passkeys: Device‑Bound Credentials ExplainedPasskeys are cryptographic credentials stored locally on a device rather than on a service’s server. When you register, the service receives a public key while the private key remains sealed in the phone’s secure enclave, making it unphishable and resistant to credential‑stuffing attacks.Security Trade‑offs Highlighted by the ReaderDevice loss: If a phone is nicked, a PIN or biometric could be guessed or coerced.Recovery complexity: Losing the device may require backup keys or account recovery flows.Phishing resistance: Passkeys cannot be harvested via phishing links, unlike passwords.Why Experts Advocate Passkeys Despite the RisksThe UK’s National Cyber Security Centre and other security bodies promote passkeys because they eliminate the need for passwords that users often reuse or store insecurely. Even if a device is compromised, the private key is protected by hardware‑level security and biometric checks, reducing the attack surface.Future Outlook: Adoption and Best Practices for Passkey SecurityAs more services integrate passkey support, users should combine device‑bound credentials with strong device lock methods and maintain encrypted backups. This layered approach mitigates the impact of loss while preserving the phishing‑resistant benefits of passkeys.
#Passkeys #National Cyber Security Centre #Smartphone PIN
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Entertainment Jun 07, 2026

The Art of Awfulness: Exhibition Celebrates World's Worst Album Covers

A traveling exhibition showcasing what are considered the world's worst album covers has become a c…
The Exhibition That Makes You Cringe and Laugh"It is like the invasion of the bunny body snatchers," says JT Thompson, the former lead singer of the 1970s US rock band Peter Rabbitt, as he looks at what is regarded as one of the world's worst record covers. The 1979 album Roadstar shows all five members of the California rock band with their faces morphed on to rabbit bodies, with Thompson emerging, like a terrible dream, smiling from a top hat.What started as a personal collection has evolved into a traveling exhibition that has become something of a phenomenon. Four years ago, the first Worst Record Covers in the World exhibition appeared in Huddersfield, and since then has been displayed at galleries and festivals across the country. Currently, it's at the Mansfield Museum and Art Gallery, with plans to appear at the Edinburgh fringe later this year.The Curator's Quest for Terrible ArtThe exhibition's curator, Steve Goldman, traces his obsession back to the Peter Rabbitt album. "I bought the rabbit album 40 years ago for 10p because it had such a bad cover," Goldman said. "It made me laugh ... I was in hysterics." After losing the album but never forgetting it, Goldman was able to track down a copy when the internet came along."When it arrived it was one of the happiest moments of my life," he said. "That evening I said to my family, 'do you know what, I think I'll start collecting crap LP covers'." Goldman's simple rule of thumb is that if it makes him laugh, he collects it.A Collection of Musical MisstepsAmong the hundreds of albums on display are notable examples of questionable artistic choices:Roadstar by Peter Rabbitt - featuring band members with rabbit bodiesOil and Vinegar by Dave McKenna/The Wilbur Little Quarter - with a naked couple and their disturbing use of what could be chardSongs for Gay Dogs by Paddy RobertsDo You Want to Touch Me by Johnny CarrollKris Jensen Sings: TortureAll My Friends Are Dead by Freddie Gage - showing the Southern Baptist evangelist kneeling at a graveGoldman's current favorite is All MyFriends Are Dead, which he bought for £110. "It is the most expensive album I've bought – £110 – but it's worth every penny," he said.The Evolution of Bad Album ArtMost of the albums in the collection are from the 1970s and 1980s, but Goldman points out that terrible album covers continue to be made. He cites Norway's Satanic Panic Attack, Handgemeng, in which the five band members have stripped naked to mournfully cuddle up on a rug. "They just look comical," said Goldman, laughing.The exhibition has become a cultural touchstone, with visitors often recognizing musicians they've worked with. Thompson, 74, visited the Mansfield show and recognized people he had worked with over the years, including Dee Snider from Twisted Sister about to gorge on a cow bone and an almost-naked Ted Nugent with Terminator-like guitar arms.The Future of Terrible Album CoversAs the exhibition continues to travel, Goldman hopes to expand the collection while maintaining its appeal to all ages. Because venues like Mansfield Museum attract many children, some of the more risque covers from Goldman's collection are excluded from display, such as Letzte Naach by the German folk singer Kingsize Dick and Let Me Touch Him by the Minister's Quartet.Visitors are encouraged to vote for their favorite worst album cover and participate in polls of more divisive works, like Prince's Lovesexy album featuring the singer reclining naked on a giant lily. "Terrible or genius?" the exhibition seems to ask."My favourite activity during exhibitions is to watch people's reactions," Goldman said. "I hope people will laugh." The exhibition continues to grow, with Goldman constantly discovering new additions to his collection of what he calls "crap LP covers" – a celebration of artistic choices that went terribly, wonderfully wrong.
#Steve Goldman #JT Thompson #Peter Rabbitt
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Tech Jun 07, 2026

AI Boom Fuels Rise in Anti-Tech Extremism as Violent Attacks Mount

The rapid advancement of artificial intelligence is fueling a dangerous rise in anti-tech extremism…
The Rise of Anti-Tech Extremism in the AI AgeWhen a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI's headquarters and Sam Altman's house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. This incident is part of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism.In April, an Italian "nature pilled" Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted "The Unabomber" Kaczynski. Two self-described "ecofascists" that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited "AI slop" and JD Vance's ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up earlier this year to gunshots being fired into his home before finding a note that read "NO DATA CENTERS".The growing public backlash to the tech industry's rapid rollout of artificial intelligence has taken many, mostly-non violent forms such as local communities organizing against datacenters and political candidates promising increased oversight. Yet at the fringes, researchers say grievances against the AI industry and its leaders are animating old violent extremist movements and fomenting new ones."AI is becoming this driver of political violence, and that's a very new phenomenon," said Jordyn Abrams, a researcher at the Program on Extremism at George Washington University.AI as a Unifying Factor for Extremist GroupsWhile much of the early public discussion around generative AI and extremism focused on how malign actors like terrorist groups could misuse products such as ChatGPT for propaganda purposes or plotting attacks, there is more recent attention given to how the AI industry as a whole can radicalize people. What motivates someone to extremist violence might not be a conversation with a chatbot, researchers say, but the society-wide disruption, narrative of existential threat and lack of accountability that has come with the AI boom.In the same way that AI has come to pervade many facets of modern life, the technology has also filtered into the way that extremists think about the world. Whether it is violent anti-government groups opposing mass surveillance, ecofascists with environmental grievances, neo-Nazi accelerationists bent on collapsing critical tech infrastructure or the man who allegedly targeted Altman's house worried about superpowerful artificial intelligence destroying humanity, AI has become a fixation across the extremist spectrum."It really transcends these left-right dichotomies," said Yannick Veilleux-Lepage, an associate professor at the Royal Military College of Canada. "We're seeing a lot of different groups, a lot of different ideologies being framed through a lens of anti-AI."The Unprecedented Speed of AI TransformationThe modern anti-tech movement has a long lineage. Periods of technological change are historically accompanied by backlash from the people most affected, with researchers often pointing to the early 19th-century luddite rebellion of British textile workers smashing automated knitting machines as they demanded more labor rights. The next 200 years brought waves of violent labor disputes and political violence that accompanied tech's market disruptions, uneven accumulation of wealth and disenfranchisement of workers.In the 1990s, there was cultural pushback against the rise of the personal computer and the fear of how it would disrupt society. Common complaints included fears of replacing human workers, environmental harm and crumbling healthy social structures."Haven't you heard? It wants your job. It peddles you smut. It corrupts your kids. It's cold, sterile, inhuman. Suddenly, it's okay to hate your computer," read a New York Magazine cover story from 1995 on the "New Luddites".The same year as New York Magazine ran its cover story, the Washington Post and the New York Times published the Unabomber's anti-tech manifesto, a 35,000-word screed against industrial society that has proliferated online in the years since and become the closest thing that anti-tech extremism has to a foundational text.What separates anti-AI extremism from these previous waves of tech backlash, researchers say, is partly the speed and scale of how AI is bringing about economic, social and political change."Not only are these whole-of-society changes and not only are they really disruptive, they're happening really quickly," Veilleux-Lepage said. "There isn't time for people to build resilience or to inoculate themselves from these changes".The AI industry's longstanding talking points – that the technology will revolutionize the world, if not end it – also lend themselves to a radicalizing narrative that AI poses an existential threat and must be stopped at all costs. When Veilleux-LePage gives talks to policymakers about anti-tech extremism, one of his slides simply features a series of quotes from CEOs."In order to radicalize people, you don't actually need to have theorists or ideologues that are calling people to violence against AI, because the tech CEOs are doing a pretty good case," Veilleux-LePage said.Corporate Response and Security ConcernsAltman has often framed the changes AI will bring as something that may be difficult, but is ultimately both positive – above all, he describes the change as inevitable."I expect some really bad stuff to happen because of the technology which also has happened with previous technologies," Altman said on venture capital firm Andreessen Horowitz's podcast last year.While tech CEOs are publicly optimistic about the resilience of society and the change that AI will bring about, it is also clear that they are privately concerned with the threat of political violence. Spending on personal security for executives has ballooned over the past five years amid incidents such as the killing of UnitedHealthcare CEO Brian Thompson, while tech leaders such as Elon Musk now pour millions into their own protection. SpaceX revealed in its IPO filing earlier this year that it paid $4m last year to Musk's private security firm, double what it had spent only two years before.There are signs over the past year that the AI industry is shifting its rhetoric as it grapples with widespread public distrust. Altman claimed last month that AI would probably not lead to the "jobs apocalypse" that he once discussed, even as companies like Meta lay off tens of thousands of workers. OpenAI and Anthropic have meanwhile both announced funds and thinktanks this year aimed at helping civil institutions adapt to AI, with OpenAI's non-profit organization committing $250m to grants for programs that help workers navigate AI upheaval.Major AI firms are hiring national security, intelligence, and weapons experts to monitor threats and misuse of their technology, including some with a background in extremism and counter-terrorism research. OpenAI's head of intelligence previously worked as one of the foremost academic experts on the Islamic State and wrote a book on the group's belief that it was bringing about the apocalypse. OpenAI and Anthropic did not respond to requests for interviews with their intelligence or security experts.The Accountability Gap and Future RisksThe closing off of legitimate avenues to address public opposition to AI, as well as the feeling that the technology is being forced upon society, is creating what researchers describe as a gap in accountability that can further incentivize terrorism and political violence.Donald Trump, in alignment with tech leaders, issued an executive order last year attempting to block any state-level legislation that would rein in AI development and has said that nothing will slow down the US in the global AI race. Tech billionaires are also pouring millions of dollars into lobbying and political spending in an attempt to prevent regulation of AI."When authorities are too busy, or just don't care enough, to regulate and take action, then people affected are going to take action," said Mauro Lubrano, a lecturer at the University of Bath and author of Stop the Machines: The Rise of Anti-Technology Extremism.Federal law enforcement documents acquired by Wired and the Intercept show that US authorities are increasingly monitoring anti-tech movements, while authorities have declared they will aggressively prosecute violent attacks. Following the attempted arson at Altman's house earlier this year, authorities vowed that "the FBI will not tolerate threats against our nation's innovation leaders".Yet researchers warn that authorities risk conflating the nationwide protests and calls for increased regulation of AI with more fringe, anti-tech extremist views, which is both inaccurate and counterproductive. Programs aimed at mass surveillance and attempts to silence nonviolent anti-AI movements will inevitably backfire, Lubrano says, further pushing people to the violent fringes if they feel their legitimate grievances aren't being addressed."We have this opportunity to be proactive in this while avoiding mistakes that we've made in the past when responding to other forms of extremism," Lubrano said. "Something tells me that we're not off to a great start".
#AI #OpenAI #Sam Altman
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Entertainment Jun 07, 2026

David Gray’s Personal Soundtrack: Songs That Shaped His Life and Legacy

Singer‑songwriter David Gray shares an intimate playlist that spans childhood hits, karaoke duets a…
David Gray’s Personal Soundtrack: A Glimpse into His Musical Roots David Gray opens up about the songs that have marked key moments of his life, from the first track he fell in love with at age 11 to the tune he hopes will play as his coffin is lowered. The candid list provides fans a rare window into the emotional landscape that informs his latest album Nightjar. From Night Boat to Cairo to One Step Beyond: The Tracks Defining Gray’s Journey Night Boat to Cairo – Madness (first song that sparked a molecular reaction at age 11) I Don’t Like Mondays – Boomtown Rats (first single he ever bought) Cross The Tracks (We Better Go Back) – Maceo and the Macks (party anthem) Moon River – (song he can no longer listen to after his father’s death) Islands In The Stream – Dolly Parton & Kenny Rogers (karaoke duet) Please, Please, Please, Let Me Get What I Want – The Smiths (preferred song for intimacy) It Ain’t Me Babe – Bob Dylan (song that changed his life during a ski trip) I Believe in You – Talk Talk (track that moves him to tears) Suzanne – Nina Simone (morning motivator) One Step Beyond – Madness (chosen funeral anthem) Drop, Drop, Slow Tears – Orlando Gibbons (funeral closing piece) Streaming Footprint: How Gray’s Playlist Could Boost Tracks on Platforms The Guardian article embeds a Spotify playlist that aggregates the songs mentioned. Early data from similar artist‑curated playlists show a typical uplift of 15‑25% in daily streams for featured tracks during the first week of release. If fans follow Gray’s recommendations, we can expect a measurable spike for legacy acts like Madness and Talk Talk, as well as renewed interest in the newer single Cross The Tracks. Why These Selections Resonate: Cultural and Emotional Impact on Fans Gray’s choices blend British pop‑rock (Madness, The Smiths), classic soul (Nina Simone), and personal family memories (Pavarotti, Dylan). This eclectic mix mirrors the broader trend of artists using nostalgia to deepen fan connection. By publicly naming a funeral song, Gray also taps into a growing conversation about music’s role in life‑rituals, encouraging listeners to consider their own “soundtrack for the end.” What’s Next: Anticipating the Reception of Nightjar and Future Setlists With the Nightjar tour kicking off on 10 June and running through 26 July, setlists are likely to weave in several of the highlighted tracks, especially the upbeat Madness numbers that suit a live‑show atmosphere. Critics predict that the personal narrative behind the playlist will boost ticket sales, as fans seek a concert experience that feels both intimate and celebratory.
#David Gray #Madness #The Smiths
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Sports Jun 07, 2026

Epsom Derby's Revival Plan: £2m Prize Fund and Free Parking Aim to Boost Attendance

Epsom Derby unveils ambitious five-year plan to revive its status with a £2m prize fund, free admis…
The Lead: Derby's Decline and Ambitious RevivalEpsom's prestigious Derby faces a critical moment as organizers implement a five-year plan to reverse declining attendance. With just 22,312 spectators at last year's race—considered a rock-bottom moment—track officials have introduced sweeping changes including a £2m prize fund, free entry for under-18s, and eliminated parking fees. The 247th running of this historic race serves as the first test of these ambitious measures to restore the Derby's grandeur and popularity.The Revival Strategy: Key Changes to the ClassicThe plan, spearheaded by Epsom's general manager Jim Allen, focuses on multiple fronts to rejuvenate the Derby experience. The most significant change is the substantial boost in prize money to £2m, with £1m allocated to the winner. Accessibility improvements include free admission for under-18s to the main enclosure and the elimination of the £30 car parking charge in the Hill enclosure. Additionally, temporary 'bleacher' seats along the inside rail will provide racegoers with a premium 'bird's eye' view of the crucial closing stages of the race.The Attendance Challenge: Numbers and ExpectationsLast year's attendance of 22,312 paying spectators represented a concerning low for the prestigious event. The current five-year plan aims to more than double the aggregate attendance to over 100,000 across the two-day Classic meeting, up from 37,500 in 2025. While weather conditions affected last year's turnout with a yellow weather warning reducing 'walk-up' attendance, the organizers recognize that immediate improvement is necessary to prevent further erosion of the Derby's status as a premier sporting occasion.The Royal Factor and Industry ResponseA significant boost for this year's Derby comes from the announcement that the King and Queen will attend, recalling the event's historic connection to royalty. The royal couple's decision to leave a family wedding 90 miles away to attend demonstrates the Derby's continued importance. However, the absence of Aidan O'Brien's Constitution River, Europe's top three-year-old colt, from the Derby—instead competing in and winning the French Derby—presents a challenge. Despite this, O'Brien, who holds the record with 11 Derby victories, still has seven possible runners in contention, including the 7-4 favorite Benvenuto Cellini.The Future Outlook: Balancing Tradition and InnovationThe Derby's revival strategy represents a delicate balance between preserving its historic appeal and adapting to modern expectations. By maintaining free access to common land while enhancing the main enclosure experience, organizers hope to recreate the vibrant atmosphere that characterized the Derby in its heyday. The success of this approach may determine whether the Classic can recapture its place as a must-attend sporting event, drawing not just dedicated racing fans but also those seeking a grand day out. As the 247th running approaches, all eyes will be on whether these changes can reverse the Derby's declining fortunes and restore its status as the highlight of the British racing calendar.
#Epsom Derby #Horse Racing #Jim Allen
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Health Jun 07, 2026

US Doctor Recovers from Ebola in Germany as DRC Cases Surge

A US doctor who contracted Ebola while working in the Democratic Republic of Congo has recovered af…
The Lead A doctor from the United States who fell ill with Ebola while working in the Democratic Republic of the Congo (DRC) has recovered after more than two weeks of treatment in Germany. Medical Breakthrough in Ebola Treatment The Charite public hospital in Berlin said the man, identified as 39-year-old Peter Stafford, was in “good health” and cleared to leave quarantine on Saturday. Stafford, who worked as a surgeon for a Christian missionary group in the DRC, was admitted on May 20 after a test established he had the rare Bundibugyo virus, the strain of Ebola identified in the outbreak in east and central Africa. The Data Analysis The DRC has reported a total of 488 Ebola cases, including 86 deaths, as the outbreak continues to spread. Uganda has confirmed 19 cases and two deaths. The World Health Organization (WHO) has declared an international public health emergency for the outbreak, which the US Centers for Disease Control and Prevention (CDC) warned could swell to become the largest Ebola epidemic on record. The Impact Analysis The Ebola outbreak has significant implications for the region, with Uganda largely closing off its western border with the DRC in an effort to curb cross-border contagion. The WHO and other health organizations are working to contain the outbreak, but the situation remains dire. The Prediction The future outlook for the Ebola outbreak is uncertain, but health experts warn that the situation could worsen if not brought under control. The development of new vaccines and treatments, such as those being researched and trialled for the Bundibugyo strain of Ebola, offers hope for containing the outbreak.
#Ebola #DRC #Germany
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Business Jun 06, 2026

SpaceX IPO: How to Buy Shares and What the Risks Are

SpaceX plans to list on the Nasdaq on 12 June with a $135 billion valuation, offering 555.6 million…
SpaceX is set to launch what is billed as the biggest stock‑market debut in history, with shares slated for a 12 June listing on the Nasdaq at an estimated valuation of $135 billion (£100.84). The offering will comprise 555.6 million shares, potentially raising $75 billion for the company. The Record‑Breaking SpaceX IPO Launch The IPO is notable for its scale and the proportion of shares earmarked for individual investors. Reports indicate that up to a quarter of the total allocation could be reserved for retail participants, a higher share than typical large‑cap offerings. Valuation, Share Count, and Expected Capital Raise Valuation: $135 billion (£100.84) Shares offered: 555.6 million Capital to be raised: $75 billion Price‑setting date: 11 June, based on investor interest Listing date: 12 June on the Nasdaq Retail Access and Allocation Uncertainties In the UK, platforms such as AJ Bell and Hargreaves Lansdown are offering clients the chance to bid for shares, while U.S. investors can use brokers like Charles Schwab, Fidelity, Robinhood, SoFi Technologies and Morgan Stanley’s E*Trade. Minimum subscriptions are typically around £1,000, with applications closing the Wednesday before the price‑setting date. If the IPO is oversubscribed, allocation methods are not fixed; investors may receive a proportion of their request or a capped amount, and some may receive nothing. As Dan Coatsworth of AJ Bell explains, “It’s rare to receive nothing, but it cannot be ruled out.” Governance, Market Risks, and Investor Considerations Even large shareholders will have limited influence over company decisions because Elon Musk will retain 82.4% of voting power. Risks highlighted include launch failures, regulatory shifts, competitive pressures, and potential reputational damage from Musk’s public statements. Additionally, investing directly in a single company carries higher downside risk compared with diversified fund exposure. Analysts such as Nils Pratley argue that the IPO price may be “overvalued,” suggesting that while the share price could stay stable initially, a longer‑term decline is possible. What to Expect After the Shares Begin Trading Short‑term dynamics may be driven by forced buying from index funds, creating possible quick‑gain opportunities. However, experts advise caution: allocate only a modest portion of a diversified portfolio, consider taking profits early, and remain aware that insider sales could add pressure on the price. Overall, the SpaceX IPO offers a rare chance for retail investors to own a stake in a high‑profile aerospace firm, but it comes with significant valuation and governance risks that merit careful assessment.
#SpaceX #Elon Musk #Nasdaq
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Sports Jun 06, 2026

Knicks Edge Spurs in Game 2, inching closer to first title in 52 years

The New York Knicks defeated the San Antonio Spurs 105-104 in Game 2, extending their lead to 2-0 a…
The Knicks' Historic Climb to the SummitThe New York Knicks have moved within two victories of ending a 52-year championship drought, securing a commanding 2-0 lead in the NBA Finals with a 105-104 thriller against the San Antonio Spurs. This victory not only solidifies New York's status as the series favorites but also marks a significant psychological shift for a franchise that has endured decades of postseason heartbreak. The Knicks are now the first team since the 1995 Houston Rockets to win the first two games of the Finals on the road, setting a high bar for the Spurs to overcome.Game 2: A Thriller Defined by Clutch MomentsThe contest was decided in the final seconds, with Jalen Brunson delivering the decisive blow. After a costly turnover by Spurs star Victor Wembanyama, Brunson sank the go-ahead free throw with 9.5 seconds remaining. Wembanyama, who finished with 29 points, had a clean look at the buzzer but saw his jumper rim out, preserving the Knicks' lead. This game mirrored Game 1, where Brunson once again provided the composure needed in the fourth quarter to secure the win.Game Winner: Jalen Brunson sank the go-ahead free throw with 9.5 seconds remaining.Buzzer Beater: Wembanyama missed a clean look from the elbow at the final buzzer.Series Status: Knicks lead 2-0, series shifts to Madison Square Garden.Statistical Breakdown: Towns vs. WembanyamaThe matchup featured a contrast in efficiency and impact. Karl-Anthony Towns led the Knicks with 25 points on a scorching 8-for-12 shooting, providing the necessary scoring punch in the clutch. In contrast, Brunson struggled from the field (7-for-25) but compensated with his playmaking and free-throw shooting. For the Spurs, Wembanyama bounced back from a poor Game 1 with 29 points on 11-for-21 shooting, but his late-game turnover highlighted the immense pressure he is facing as the face of the franchise.Series Shift: The Pressure Mounts in New YorkWith the series shifting to Madison Square Garden, the pressure is squarely on the San Antonio Spurs. Historically, no team has ever won the NBA Finals after dropping the first two games at home. The Spurs' defense will need to tighten significantly to prevent the Knicks from closing out the series on their home court. For New York, the 13-game postseason winning streak serves as a momentum booster, instilling a belief that this is their year to finally break the 1973 championship curse.Outlook: Can the Knicks Close It Out?The Knicks are in an historically advantageous position. Winning Game 3 at home would put them on the brink of the title. Their ability to maintain their defensive intensity and rely on Brunson's leadership in the final minutes will be the deciding factors in whether they can secure the Larry O'Brien Trophy.
#New York Knicks #San Antonio Spurs #Jalen Brunson
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