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8 August 2026

Corporate Power

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SpaceX Secures Nearly $86 Billion in Record-Breaking IPO Backed by Major Investors
Corporate Power

SpaceX Secures Nearly $86 Billion in Record-Breaking IPO Backed by Major Investors

SpaceX completed the largest IPO in history, raising close to $86 billion as top underwriters exercised their share overallotment, signaling strong investor confidence.

DOJ Halted Paramount-Warner Merger Probe Before Staff Could Advise Against It
Corporate Power

DOJ Halted Paramount-Warner Merger Probe Before Staff Could Advise Against It

The Justice Department’s political leadership stopped the antitrust investigation into Paramount’s acquisition of Warner Bros. Discovery before career lawyers completed their review or formally recommended a lawsuit.

Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO
Corporate Power

Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO

Elon Musk became the world's first trillionaire as SpaceX’s stock soared on its Nasdaq debut, highlighting his diverse holdings and raising questions about the company's ambitious revenue forecasts.

Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio
Corporate Power

Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio

New reports indicate Xbox will undergo significant layoffs, with the studio behind South of Midnight, Compulsion Games, reportedly set to close amid ongoing internal negotiations.

Samsung Considers BOE OLED Panels for Galaxy S27 Base Model Amid Cost Pressures
Corporate Power

Samsung Considers BOE OLED Panels for Galaxy S27 Base Model Amid Cost Pressures

Facing rising memory chip prices, Samsung may use Chinese BOE OLED displays for the base Galaxy S27, risking quality issues such as green display lines.

Nvidia Seeks $20 Billion Bond Offering to Fuel AI Chip Development
Corporate Power

Nvidia Seeks $20 Billion Bond Offering to Fuel AI Chip Development

Nvidia plans to raise $20 billion through U.S. bonds to support AI chip production and refinance existing debt amid rising AI industry investments.

Hawkins Way Capital Boosts Student Housing Holdings with $80 Million Upper West Side Acquisition
Corporate Power

Hawkins Way Capital Boosts Student Housing Holdings with $80 Million Upper West Side Acquisition

Hawkins Way Capital has purchased a 382-unit student housing property on Manhattan’s Upper West Side for $80 million, expanding its portfolio in the competitive New York student housing market.

Wall Street Sets $190 Price Target for SpaceX Ahead of Anticipated IPO
Corporate Power

Wall Street Sets $190 Price Target for SpaceX Ahead of Anticipated IPO

SpaceX's upcoming IPO has attracted massive retail demand, with Wall Street firms assigning bullish ratings and price targets well above the expected offering price.

Flutter Entertainment Shares Rally as FanDuel Cuts Staff to Boost Efficiency
Corporate Power

Flutter Entertainment Shares Rally as FanDuel Cuts Staff to Boost Efficiency

Flutter Entertainment’s stock climbed after FanDuel announced layoffs aimed at cutting costs and adapting to a competitive, maturing US sports betting market.

Galaxy Z Fold 7 Discounts Reach Record Lows on Amazon and Best Buy
Corporate Power

Galaxy Z Fold 7 Discounts Reach Record Lows on Amazon and Best Buy

New and open-box Galaxy Z Fold 7 models drop significantly below retail prices, with offers saving up to $700 on popular electronics sites.

Study Finds Vast Disparity Between Street Fentanyl Use and Addiction Treatment Dosages
Corporate Power

Study Finds Vast Disparity Between Street Fentanyl Use and Addiction Treatment Dosages

Research shows regular street fentanyl users consume opioid doses nearly 100 times higher than clinical pain guidelines, highlighting challenges in effective addiction treatment.

SpaceX’s IPO Marks Major Shift as Elon Musk Seeks Funding for Next-Gen Space Ambitions
Corporate Power

SpaceX’s IPO Marks Major Shift as Elon Musk Seeks Funding for Next-Gen Space Ambitions

SpaceX is set to debut on Wall Street with a record IPO, raising capital to expand its Starlink satellite network and space-based AI data centers.