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World Economy Apr 02, 2026

SpaceX files $75 billion IPO, eyeing $1.5 trillion valuation and Musk's trillionaire goal

SpaceX has quietly filed for an initial public offering that could raise up to $75 billion and push…
SpaceX has submitted paperwork for an initial public offering that could debut as early as June or July, targeting a capital raise of $75 billion. If the market pricing aligns with analysts’ forecasts, the launch could lift the company’s valuation to nearly $1.5 trillion, roughly double its worth in December. Such a valuation would place founder Elon Musk on a clear trajectory toward becoming the planet’s first trillionaire, a milestone that would eclipse the $25.6 billion record set by Saudi Aramco’s 2019 IPO. Renaissance Capital’s data analyst Angelo Bochanis told Reuters that, much like Tesla, SpaceX’s market price will hinge on investor confidence in Musk’s long‑term vision. "Investors are clamouring for any exposure to SpaceX," he added. Despite Musk’s controversial public persona and his involvement in multiple high‑profile ventures, industry experts remain bullish. Kat Liu, vice‑president at IPOX, noted that SpaceX is "operationally mature, technologically ahead in several key areas, and profitable," providing a solid foundation for a public listing. The company’s recent merger with Musk’s artificial‑intelligence startup xAI and the continued dominance of its Starlink satellite network—now the world’s largest satellite communications platform—have reinforced investor interest. SpaceX’s ambitious roadmap includes a lunar base and a crewed Mars mission, though timelines remain uncertain. Musk has previously admitted a "50‑50 chance" of delivering an uncrewed Starship to Mars by the end of 2026. Financial data firm Pitchbook estimates the IPO could nearly double the company’s market cap, underscoring the scale of potential investor demand. If realized, the offering would not only reshape the space‑tech sector but also set a new benchmark for public market fundraising.
#spacex #ipo #starlink
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News Apr 02, 2026

Magnitude 7.4 Earthquake Rocks Off Ternate, Indonesia, Prompting and Then Lifting Tsunami Alert

A 7.4‑magnitude quake struck the Northern Molucca Sea near Ternate, Indonesia, killing one person a…
A magnitude 7.4 earthquake erupted in the Northern Molucca Sea off the coast of Ternate, Indonesia, resulting in at least one fatality and an initial tsunami alert that was later rescinded.The United States Geological Survey (USGS) clarified that the tremor, first reported as magnitude 7.8, actually occurred at a depth of 35 km, deeper than the early estimate of 10 km. Apart from the confirmed death, no other immediate injuries were reported.The quake’s epicentre lay roughly 120 km (75 mi) from Ternate in the North Maluku province, prompting local authorities in Ternate and nearby Tidore to ready evacuation plans. Metro TV broadcast footage of damaged structures across the area.In Manado, North Sulawesi, a building collapse buried a resident, leading to the sole confirmed death; a rescue official added that another person sustained a leg injury.The Hawaii‑based Pacific Tsunami Warning Center (PTWC) warned of potentially hazardous waves within a 1,000‑km radius, affecting coastlines of Indonesia, the Philippines and Malaysia.Within thirty minutes, Indonesia’s BMKG agency recorded wave heights of up to 75 cm in North Minahasa and 20 cm in Bitung, both on Sulawesi’s northern shore, with an additional 30 cm rise in North Maluku.Just over two hours after the event, the PTWC lifted the tsunami warning, declaring that the threat had passed.Indonesia’s position on the Pacific Ring of Fire makes it especially vulnerable to such seismic activity, underscoring the importance of rapid monitoring and public‑safety measures.
#indonesia #ternate #manado
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World Economy Apr 02, 2026

New Yorkers Ditch Gas Stoves for Cleaner, Healthier Induction Cooking

In a push for clean energy, thousands of New Yorkers are swapping gas stoves for induction stoves. …
In a bid to reduce greenhouse gas emissions and improve public health, thousands of New Yorkers are making the switch from gas stoves to induction stoves. A recent project in the Washington Heights area of Manhattan has installed induction stoves in 15 co-op apartments, providing residents with a cleaner and healthier way to cook.The project, supported by state and city governments, as well as non-profit groups, aims to reduce the risks associated with gas stoves, including nitrogen dioxide emissions and climate change. According to a study, people who replaced their gas stoves with electric alternatives were exposed to less than half the amount of nitrogen dioxide emissions.Residents, such as Marcos Ramos, are excited about the change. “It makes sense”, he said. “If you’re minimizing risk with the gas, the fire, then environmentally, health-wise, it makes sense. It’s logical.”The induction stoves, supplied by Copper, use magnetic fields to heat cookware directly, making them more efficient and environmentally friendly. The project is part of a larger effort to promote clean energy and reduce greenhouse gas emissions in New York City.Advocates claim that induction stoves are a viable alternative to gas, which has jumped in price amid the Iran war and poses health risks to residents. The city is also working on a $32m pilot to replace gas stoves in 10,000 apartments across the New York City Housing Authority (NYCHA) system.While some states, including New York, California, and Hawaii, are stepping up to promote induction stoves through rebate programs, others are facing resistance from the gas industry and Republican politicians.
#gas #induction #stoves
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Politics Apr 02, 2026

Iranian Human Rights Lawyer Nasrin Sotoudeh Arrested in Tehran

Nasrin Sotoudeh, a renowned Iranian human rights lawyer, has been arrested in Tehran, according to …
Nasrin Sotoudeh, a prize-winning Iranian human rights lawyer, has been arrested in Tehran, according to her family. Her daughter, Mehraveh Khandan, reported that Sotoudeh was taken from her home in Tehran late on Wednesday, and her whereabouts are currently unknown.Khandan suspects that the arrest may be linked to Sotoudeh's recent interviews about the war, in which she criticized the government. Sotoudeh has a history of representing political prisoners, including opposition activists and women prosecuted for removing their mandatory headscarf. She has won numerous awards, including the 2012 Sakharov Prize from the European Parliament and the 2020 Right Livelihood Award.This arrest comes amid concerns about a rise in executions in Iran, which activists believe is being overshadowed by the ongoing war. The country is currently under a communications blackout, with internet shutdowns and restrictions on international calls. Sotoudeh's health is a significant concern, given her heart condition that worsens under severe stress.Sotoudeh's husband, Reza Khandan, has also been imprisoned since December 2024 for producing and distributing badges with the slogan “I oppose compulsory hijab”. The family is worried about Sotoudeh's health and the psychological pressure she may face if imprisoned again.
#Nasrin Sotoudeh #Iran #Mehraveh Khandan
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World Apr 02, 2026

TikTok bans Israeli far‑right influencer after West Bank harassment videos violate hate‑speech policy

TikTok removed the account of Israeli ultranationalist influencer Roi Star after The Guardian repor…
TikTok announced the removal of a high‑profile Israeli far‑right influencer’s account after The Guardian identified videos in which he assaulted left‑wing activists in the occupied West Bank. The platform said the content breached its community guidelines on hate speech and bullying. The influencer, identified as Roi Star, posted footage in January showing himself entering a house used by activists in Ras Ein al‑Auja and using pepper spray on a protester who tried to stop him. In the same clip, he shouted, “This is Judea, not Palestine,” and later threatened to disclose personal details of the activists and their families. When contacted, Star claimed he was “talking about peace” and argued that the area was an open Israeli public space, insisting that his use of pepper spray was the “most minimal” defensive measure. He later described the incident as “acting” and said his intentions were not “extreme.” TikTok’s statement emphasized that its policies prohibit “violent and hateful individuals, including extremist praise or glorification,” and that the account was taken down for breaching these rules. The company also said it had removed additional videos linked to other Israeli far‑right agitators, though it did not disclose further details. The incident occurs against a backdrop of rising far‑right activity on social platforms since the Gaza war began in October 2023. Israeli forces and settlers have been responsible for the deaths of over 1,000 Palestinians in the West Bank, and recent weeks have seen an escalation of attacks on homes and activists. Human‑rights groups warn that the online amplification of such content fuels real‑world violence. Yuli Novak, executive director of B’Tselem, said dehumanising Palestinians has become “mainstream in Israel,” while digital‑media scholar Prof. Anat Ben‑David highlighted the “troubling convergence between platform dynamics and on‑the‑ground violence.” Activists on the ground report a profound psychological impact, with one resident of Masafer Yatta noting that the videos heighten fear among Palestinians living under daily settler attacks. The phenomenon mirrors the rhetoric of Israel’s far‑right politicians. In August 2025, National Security Minister Itamar Ben‑Gvir faced criticism for posting a video taunting Palestinian leader Marwan Barghouti, while Knesset member Zvi Sukkot was filmed denying settler violence in the West Bank, framing the settlement enterprise as a biblical right. Meta’s Instagram continues to host numerous accounts linked to similar agitators, though the company has not responded to requests for comment. Experts argue that while platform policies technically forbid hate‑speech, their vague language allows harmful content to spread unchecked, underscoring the need for stronger enforcement to curb the digital propagation of extremist narratives.
#tiktok #israel #palestine
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Science Apr 02, 2026

Danish Flagship Dannebroge Unearthed After 225 Years, Shedding Fresh Light on Nelson’s 1801 Copenhagen Victory

Marine archaeologists from Denmark’s Viking Ship Museum have located the wreck of the 48‑metre wars…
Marine archaeologists from Denmark’s Viking Ship Museum announced the discovery of the Dannebroge, the Danish flagship that was destroyed by Admiral Horatio Nelson during the Battle of Copenhagen in 1801. The wreck lies 15 metres (49 feet) below the surface of Copenhagen harbour, buried in thick silt that offers almost zero visibility.Divers working in the murky conditions described the operation as a “race against time” because the site will soon be covered by Lynetteholm, a massive housing development slated for completion by 2070. The excavation, which began late last year, targets the exact spot where historical records place the Dannebroge’s final moments.Among the artefacts recovered are two cannons, period uniforms, insignia, shoes, bottles, and a fragment of a sailor’s lower jaw – possibly belonging to one of the 19 crew members still unaccounted for. “When a cannonball hits a ship, the splinters are the real danger, like grenade debris,” explained marine archaeologist Morten Johansen, underscoring the brutal conditions aboard wooden warships.The 48‑metre (157‑foot) vessel was Nelson’s primary target. Intense cannon fire ripped through its upper deck, and incendiary shells ignited a devastating fire that eventually caused the ship to explode, producing a roar heard across Copenhagen.Experts confirmed the wreck’s identity through dendrochronological dating, which matched the wood’s tree‑ring pattern to the year the Dannebroge was built. The size and shape of the recovered timbers also correspond with contemporary ship plans.Historical context: the 1801 battle was part of Britain’s effort to force Denmark out of a northern alliance with Russia, Prussia and Sweden. After a fierce exchange, Nelson offered a truce, and a cease‑fire was negotiated with Denmark’s Crown Prince Frederik.Marine archaeologist Marie Jonsson described the challenging dive conditions: “Sometimes you can’t see anything; you have to feel your way and rely on your fingers rather than your eyes.” The site remains littered with cannonballs, posing additional hazards for divers navigating the silt‑filled waters.The find not only enriches Denmark’s national narrative—often depicted in paintings and literature—but also provides a rare, tangible link to a pivotal moment in European naval history, just as modern development threatens to erase the physical remnants of that past.
#Dannebroge #Horatio Nelson #Viking Ship Museum
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Sports Apr 02, 2026

Arsenal hit by unprecedented injury wave as international break looms over FA Cup and Champions League fixtures

Arsenal manager Mikel Arteta faces a historic spate of international withdrawals, with eleven playe…
When asked before Arsenal’s win over Everton how the upcoming international break might affect his squad, Mikel Arteta stressed the club’s “good communication” with national team coaches and promised to make “the right decisions” after assessing each player’s condition. That cautious optimism was quickly shattered. Following the Carabao Cup final loss to Manchester City, a cascade of withdrawals began. William Saliba pulled out of France’s squad with a left‑ankle injury, and Jurriën Timber missed the Netherlands call‑up due to a lingering groin problem. Within 24 hours, Gabriel Magalhães (Brazil) and Leandro Trossard (Belgium) also withdrew, while Eberechi Eze was forced out of England duty because of a calf strain that kept him out of the cup final. Captain Martin Ødegaard, still recovering from a previous ankle‑ligament injury sustained on international duty, did not feature in the final and subsequently withdrew from Norway’s squad. Arsenal’s injury list continued to grow on Friday when Noni Maduke (England) and Piero Hincapié (Ecuador) limped out of their respective friendlies. Both are doubtful for the FA Cup clash with Southampton at St Mary’s, though the club hopes they may return sooner. Mid‑week, Martín Zubimendi became the eleventh Arsenal player to pull out of an international roster, citing pain in his left knee. The Spain midfielder has logged more Premier League minutes than any Arsenal player this season, edging out Declan Rice and Jurriën Timber. Despite the setbacks, Viktor Gyökeres showed full commitment to Sweden, scoring a hat‑trick in the play‑off against Ukraine and later netting the decisive goal against Poland. By contrast, Riccardo Calafiori returns to London after Italy’s 120‑minute defeat to Bosnia and Herzegovina, a match that highlighted Italy’s ongoing World Cup qualification woes. Arteta’s dilemma mirrors the challenges faced by Sir Alex Ferguson in the early 2000s, when the Manchester United legend famously limited his players’ international minutes. The modern Arsenal squad, arguably one of the deepest in Premier League history, now faces a delicate balancing act: preserving player fitness while competing on three fronts – the league, the FA Cup, and the Champions League quarter‑final against Sporting Lisbon next week in Portugal. With the club already having contested over 50 matches this season and potentially adding another 15 if they reach both cup finals, the psychological impact of another major‑trophy loss could be significant. Arteta will need his remaining fit players to step up and deliver, or risk seeing the season’s ambitions slip away.
#Arsenal #Mikel Arteta #FA Cup
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Stage Apr 02, 2026

Vanishing Point’s ‘What I’m Here For’ Turns Hospital Night Shift into Gothic Horror

A review of the co‑production ‘What I’m Here For’, highlighting its stark black‑on‑black staging, a…
The usual visual language of hospital dramas relies on sterile whites and bright fluorescents. ‘What I’m Here For’ discards that palette entirely, immersing the audience in a world of black costumes and shadow‑filled set pieces.This daring aesthetic is the result of a collaboration between Vanishing Point of Glasgow and Teater Katapult from Aarhus, Denmark. Designer Mai Katsume outfits nurses, doctors and patients in deep black, arranging them in stark rows that dominate an ominously dark stage.At the centre stands Lærke Schjærff Engelbrecht as Flora, a nurse forced onto an extra weekend shift because of chronic short‑staffing. Even the flickering strip lights beneath her feet are cloaked in darkness, a visual choice amplified by Simon Wilkinson’s austere lighting design that drains the scene of any residual warmth, turning a hectic night ward into a gothic horror tableau.Written by Josephine Eusebius and performed in a blend of Danish and English, the script follows a familiar premise—too many patients, too few staff—but pushes it to a psychological extreme. Flora cheerfully repeats the hospital‑as‑hotel mantra while confronting impossible choices, such as whether to prioritize a pleasant woman with a brain tumour in room 22 or a demanding lady with a heart condition in room 33.The tension is heightened by Mark Melville’s pulse‑driven soundtrack, a low‑frequency thrum that underscores Flora’s isolation. As in many of director Matthew Lenton’s productions, the protagonist is both integral to and alienated from the medical team, a duality made palpable by her physical separation from the other actors and their disembodied commentary.Throughout the performance, Flora remains downstage, engaging in dream‑like exchanges with colleagues whose looming presence becomes as oppressive as the life‑and‑death decisions she must make. The staging forces the audience to feel the weight of each moral dilemma, turning routine triage into an almost tactile nightmare.‘What I’m Here For’ runs at the Tron in Glasgow until 4 April and will tour to other venues until 18 April.
#her #she #nurse
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News Apr 02, 2026

Israel Enacts Ethnicity‑Based Death Penalty Law, Prompting Fresh Apartheid Accusations

Israel’s new legislation authorising the death penalty exclusively for Palestinians tried in West B…
Israel’s parliament has approved a law that authorises the death penalty solely for Palestinians convicted in West Bank military courts for what the courts define as "terrorism" killings of Israelis. The measure was greeted with celebration by far‑right politicians, yet it has drawn swift rebuke from the United Nations human‑rights chief, who warned it could constitute a war crime, and from a broad coalition of international observers.Israeli rights organisations argue that the law is the latest manifestation of an apartheid‑style legal framework that systematically privileges Jewish citizens while imposing severe penalties on Palestinians. They contend that such legislation entrenches a system of codified discrimination that has evolved since the state’s founding.Under the new rule, military tribunals in the occupied West Bank – which exclusively try Palestinians – will, by default, impose the death sentence on anyone found guilty of an unlawful killing of Israelis classified as terrorism. In contrast, Israeli citizens charged with comparable offences in the same territory are tried in civilian courts, where the death penalty is not applied.Statistics underscore the disparity: conviction rates for Palestinians in military courts hover at an astonishing 99.74%, whereas Israelis tried for crimes committed in the West Bank have a conviction rate of roughly 3% between 2005 and 2024. These figures highlight the stark imbalance in judicial outcomes.Arab‑Israeli lawmaker Aida Touma‑Suleiman of the Hadash party expressed her dismay, leaving the parliamentary chamber after the vote and stating she anticipated “scenes of happiness” from far‑right figures but was “painful” to see the public echo the same sentiment.The law follows a series of statutes that critics say have progressively eroded Palestinian rights, including the 1950 Absentees’ Property Law, the 2003 Citizenship and Entry into Israel Law, and the 2018 Nation‑State Law, which enshrines Jewish supremacy in identity, settlement policy, and constitutional hierarchy while marginalising Arabic.Human‑rights advocate Yair Dvir of B’Tselem described Israel as an “apartheid regime,” noting that a “whole set of laws” differentiate between Jews and Palestinians and that the death‑penalty legislation is less an outlier than a logical extension of existing policies that deny Palestinians the right to life.Analysts argue that the dehumanisation of Palestinians has deepened to the point where capital punishment can be enacted with minimal dissent and even public celebration by parliamentarians.Physician‑rights activist Tirza Leibowitz of Physicians for Human Rights – Israel warned that the law exemplifies a broader pattern of violations, ranging from inhumane prison conditions to a legal system that often refuses to investigate crimes against Palestinians or actively shields abusive practices.She cited the unresolved deaths of more than 100 Palestinians in the West Bank since the October 2023 Gaza conflict, highlighting the case of 17‑year‑old Walid Ahmad, whose death by starvation in custody was ruled “undeterminable” by an Israeli judge, as evidence of the low value placed on Palestinian lives.Leibowitz also pointed to the recent dropping of charges against soldiers accused of sexual abuse at Sde Temain prison, noting that far‑right protesters, including lawmakers, rallied in support of the accused, further normalising systemic abuse.Touma‑Suleiman linked the new law to the 2018 Nation‑State legislation, recalling a confrontation with Prime Minister Benjamin Netanyahu in which he dismissed her criticism, insisting Israel remains “the Middle East’s only democracy.” She later observed that far‑right leader Itamar Ben‑Gvir has openly chanted “Death to Arabs,” rebranding it as “Death to terrorists,” thereby blurring the line between extremist rhetoric and state policy.Overall, the death‑penalty law is being portrayed by critics as a stark illustration of an entrenched apartheid system, raising serious questions about Israel’s adherence to international legal standards and the future of Palestinian rights under occupation.
#israel #palestinians #law
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