AP Top Financial News at 9:08 p.m. EDT
Updated: Saturday, May 23, 2026, at 1:08 AM UTC
In top financial news, SpaceX has unveiled plans for what could become the largest-ever initial public offering (IPO) in the history of the stock market. The ambitious reveal marks a significant milestone for the aerospace and technology company, aiming to capitalize on its growing dominance in commercial spaceflight and satellite internet services.
The details surrounding the IPO continue to emerge, but industry experts anticipate that the offering could set new records for capital raised, reflecting investor confidence in space exploration and related technologies. This move by SpaceX is poised to attract considerable attention from both institutional and retail investors eager to participate in the rapidly evolving space economy.
Other Notable News
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Entertainment: Olivia Rodrigo has shared that she is 60% deaf in one ear, lightheartedly acknowledging the challenges she faces. Meanwhile, Entertainment Weekly highlights 24 celebrities discussing tattoos they regret and whether they chose to have them removed.
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Food: Kirkland products have come under scrutiny, with Cheapism listing items no longer worth purchasing alongside must-haves. Southern Living unveils a new limited-time M&M’s flavor inspired by a classic homemade treat.
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Lighter Side: A wheelchair ballet teacher emphasizes the emotional significance of learning to pirouette. Separately, a story surfaced about friends who discovered a woman trapped while on a UTV trail.
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News: Iran has stated no final decision has been made regarding a deal that former President Trump hoped to finalize soon. Trump, however, announced cancellation of strikes against Iran following prior threats of a "very hard" attack.
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Sports: Reports have emerged accusing golfer Phil Mickelson of inappropriate contact with a club employee. In sad news, Olympic track star Ciarán Ó Lionáird passed away unexpectedly at the age of 38. – Weather: Scientists warn that the current El Niño event could be severe, bringing heatwaves, floods, and costly damages. The Midwest recently experienced deadly storms resulting in a fatality in Iowa, widespread power outages, and flight delays amid a heatwave.
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