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First, the US Securities and Exchange Commission is relaxing its rules for Big Tech
Here's a company that recently posted a net loss of nearly $5 billion on $18 billion in revenue, yet is valued by stock market experts at $1.8 trillion: That's capitalism in 2026. Today, Elon Musk's space company SpaceX's stock debuted on the Nasdaq New York Technology Exchange under the ticker symbol SPCX, and the company now has an astronomically high market value for a tech company. It's based on the enthusiastic earnings estimates of investors and advisors who seem to trust rocket scientist Musk blindly, my colleague Tim Bartz analyzes.
At the Nasdaq, policymakers were relaxing their rules to roll out the red carpet to tech companies like SpaceX, OpenAI, and Anthropic, my colleague said. Rules designed to prevent power concentration and protect shareholders. The Nasdaq has changed several technical rules in ways that will give SpaceX and others huge upside in the future. In the eyes of the SEC, led by Paul Atkins, who is pushing the MAGA agenda, which promotes looser rules and fewer shareholder rights. Atkins is jeopardizing what has made America's largely stock market-funded economy so successful for decades.
One of the new regulations will result in SpaceX's influence on the performance of the Nasdaq 100 Index and those equity funds that mimic the index being three times greater than the actual straddle holdings justify an artificial inflation. Also, the SpaceX stock can be included in the Nasdaq 100 Index after just 15 days like all other newcomers to the stock market in the future. So many fund savers will have SpaceX shares in their portfolios, even though they may not want to do so at all, my colleague Tim writes. Fast is: with the IPO of SpaceX, Musk's power over the global stock markets grows significantly.
Read the full story here: Wall Street's kneeling before Elon Musk and the tech bros
2. Experts are surprised by the proportion of Berlin mosquitoes infected with West Nile virus
For people like me who are prone to hypochondria, mosquitoes are creatures to be feared anyway. Now researchers in Berlin have found that the West Nile virus, transmitted by mosquitoes, has become endemic in Berlin. A growing part of the Berlin population of common mosquitoes (Culex pipiens), whose bites are actually harmless, carries a virus that can make people seriously ill and even kill them in rare cases.
My colleague, Julia Koch, reports today on a study by the Berlin Charité in which dead mosquitoes have been tested for West Nile virus in the Berlin district of Schöneberg in recent years. (More on this here)
The researchers themselves said they were surprised to find such high rates of West Nile virus infection in mosquitoes in Berlin, and that the rates of infection in August were in part comparable to those in southern Europe.
To my relief, I learned from Julia's text that mosquitoes that carry the virus can pass it on to humans by sucking their blood, but many of those infected don't even know it. Only about one-fifth of those infected develop West Nile fever, and then they feel sick for a few days. One in every hundred infected has the virus in the nervous system. This "neuroinvasive" form can cause brain inflammation. Up to 10 percent of those infected die. There is no vaccine for West Nile virus.
"In the summer, Berliners should protect themselves against mosquitoes", my colleague learned from the researchers. "Especially in the months of July and August, there is a risk of contracting West Nile virus from a mosquito bite in the capital and presumably also in other parts of Germany". As a precaution, the research team recommends long-sleeved tops and long pants, mosquito repellent and "stay in enclosed or air-conditioned rooms".
Read more: West Nile virus is now endemic in Berlin
3. Hockney's paintings are pure affirmation of life
The artist David Hockney once said in an interview with SPIEGEL that painting is far superior to photography. "Because only painting captures the complexity of reality. Because it can represent emotions and perspectives in their simultaneity". And he added: "I believe that art is one of the few things in life that can help you not to be desperate". (Here is the interview)
Today it was announced that David Hockney, one of the most influential painters of the 20th century, has died in London at the age of 88.
Born in the north of England, Hockney moved from London to Los Angeles at the age of 26, where pools sparkling in the sun were a matter of course and Hockney began painting swimming pools and contributed much to the cool image of California.
"Hockney was an icon of pop art and the queer world", writes my colleague Carola Padtberg in her obituary. (more here) Almost everyone should know some of his works. Because his style is "graphic, colorful, strictly composed" "easy to recognize". "He lived very early, very visible and very self-…
Read the full article at Der Spiegel →📄Source document: SpaceX→48 reports
Focus OnlineParty-alignedCenter4 days ago SpaceX hype: Why Elon Musk's empire is spinning dangerously and the Cisco comparison is loomingThe article discusses concerns surrounding Elon Musk's SpaceX, suggesting that his empire might be taking dangerous turns. It draws comparisons to Cisco, implying potential risks or challenges facing SpaceX.
Bias read (Center): The article appears to present a balanced discussion without overtly favoring one side. It raises questions and comparisons without clear ideological framing.
Focus OnlineParty-alignedCenter4 days ago SpaceX hype: Why Elon Musk's empire is turning dangerouslyThe article discusses concerns surrounding Elon Musk's SpaceX, suggesting that his empire might be taking dangerous turns. It draws a comparison to Cisco, implying potential risks or challenges similar to those faced by Cisco.
Bias read (Center): The article presents a general concern without explicitly favoring one side. The comparison to Cisco suggests an analytical approach rather than a biased perspective.
Frankfurter Allgemeine (FAZ)Independent🔒Center6 days ago Musk and SpaceX: All for OneThe article discusses Elon Musk's control over SpaceX through a unique share structure that grants him overwhelming voting power, despite the company's recent IPO. It notes that unlike typical public companies where shareholders have voting rights proportional to their shares, SpaceX's structure allows Musk to make all major decisions unilaterally. The piece highlights the high valuation of SpaceX following its IPO and suggests that investors place significant trust in Musk's leadership.
Bias read (Center): The article provides a factual overview of SpaceX's corporate structure and Musk's influence without overtly favoring any political perspective. It does not employ loaded language or selectively omit context, maintaining a balanced tone.
heise onlineIndependentCenter6 days ago Record stock market debut: SpaceX now worth over two billion US dollarsThe article reports on SpaceX's successful initial public offering (IPO), noting that its stock price rose nearly 20% on the first trading day after going public, valuing the company at over $2.1 trillion. The article mentions that Elon Musk owns approximately 50% of the company, making his stake worth more than $1 trillion. It also highlights that despite the high valuation, SpaceX reported a loss of $4.94 billion in the previous year with revenue of $18.67 billion.
Bias read (Center): The article provides factual information about SpaceX's IPO performance, financial figures, and ownership structure without apparent ideological framing or biased language. It presents both positive aspects (successful IPO, high valuation) and negative aspects (financial losses) objectively.
Official sources cited
- organisation SpaceX Financial Report
- government Securities and Exchange Commission (SEC)
HandelsblattParty-aligned🔒Center7 days ago What SpaceX's IPO Means for OpenAI and AnthropicThe article discusses the implications of SpaceX's initial public offering (IPO) for companies like OpenAI and Anthropic, focusing on how such financial developments might influence the broader landscape of artificial intelligence innovation and investment.
Bias read (Center): The article appears to provide an analytical overview without overtly favoring any particular political stance. It focuses on economic and business implications rather than taking a position on policy or ideology.
Süddeutsche ZeitungIndependent🔒Center7 days ago SZ Podcast: Space-X - What is Elon Musk doing with his billion?The article discusses Elon Musk's activities with his billion-dollar company SpaceX through an SZ podcast.
Bias read (Center): The article does not exhibit clear bias in its framing, word choice, emphasis, or sourcing. It appears to present information neutrally without overtly favoring one perspective over another.
Focus OnlineParty-alignedCenter8 days ago Space X IPO bei comdirect und Trade Republic: Privatanleger werden zu MelkkühenThe article discusses the initial public offering (IPO) of SpaceX through the platforms comdirect and Trade Republic, highlighting how private investors are being used as 'cash cows' to fund the IPO.
Bias read (Center): The article presents a factual summary of the situation without overtly favoring any particular side. It uses metaphorical language ('Melkkühe') but does not frame the event with clear ideological bias. The tone remains neutral, focusing on the financial aspect rather than making value judgments.
Deutsche Welle (English)State / PublicCenter8 days ago Elon Musk becomes world's first trillionaire after SpaceX IPOSpaceX went public on the Nasdaq stock exchange, with shares trading 25% above the opening price at one point. This has made Elon Musk the world's first trillionaire, according to the report.
Bias read (Center): The article presents factual information without overtly biased language or framing. It reports on the financial outcome of SpaceX's IPO and Musk's resulting net worth without taking a stance or emphasizing particular ideological perspectives.
Die ZeitIndependentCenter8 days ago SpaceX exchanges make Musk a billionaireBias read (Center): The article discusses the stock market debut of SpaceX, which made Elon Musk a billionaire. The content appears to be factual and does not show clear signs of ideological slant, framing, or biased language.
Tagesschau (ARD)State / PublicCenter8 days ago SpaceX shares after floatSpaceX's stock price rose above its offering price of $135 during its record-breaking initial public offering (IPO), starting at $150 per share. Elon Musk has now become the world's first billionaire.
Bias read (Center): The article reports factual information about SpaceX's IPO performance without any apparent ideological framing or biased language. It presents the event objectively, focusing on financial outcomes rather than political implications.
Der SpiegelIndependentCenter9 days ago SpaceX stock market: Musk Space Company is temporarily up 30 percentSpaceX's initial public offering (IPO) saw its stock price rise by nearly 30 percent at one point, making Elon Musk's space company one of the most valuable U.S. companies.
Bias read (Center): The article provides a straightforward report on SpaceX's IPO performance without evident framing or slant. It states facts about the stock price increase and the company's valuation without taking a position or using biased language.
Deutsche Welle (English)State / PublicCenter9 days ago SpaceX IPO makes Musk a paper trillionaireSpaceX has gone public on the Nasdaq stock exchange, with its shares rising over 25% above the opening price. Elon Musk's net worth has increased significantly as a result, making him the world's first paper trillionaire based on market capitalization.
Bias read (Center): The article presents factual information about SpaceX's initial public offering (IPO) and its impact on Elon Musk's wealth without apparent ideological framing. It does not take a stance on the implications of the IPO or Musk's status as a 'paper trillionaire,' focusing solely on the event itself.
BildParty-alignedCenter9 days ago Are the SpaceX welders of Elon Musk becoming millionaires now?The article poses a question about whether SpaceX welders under Elon Musk are becoming millionaires.
Bias read (Center): The article does not present any explicit bias, framing, or slanted language. It simply raises a question without taking a stance or providing evidence to support either side.
Frankfurter Allgemeine (FAZ)Independent🔒Center9 days ago Musk Space Company: SpaceX shares start with a price gain Elon Musk now billionaireElon Musk has taken his space company, SpaceX, public. Investors are showing strong interest at the beginning.
Bias read (Center): The article reports on the initial stock performance of SpaceX and mentions Elon Musk becoming a billionaire without taking a stance or using biased language.
Der SpiegelIndependentCenter9 days ago News of the day: SpaceX is on the stock exchange, West Nile virus, David Hockney is dead.The article summarizes three events: SpaceX's stock debut on the Nasdaq, the presence of the West Nile virus in Berlin, and the death of artist David Hockney.
Bias read (Center): The article presents factual information without opinion, framing, or emphasis that would indicate a political leaning. It reports on economic activity (SpaceX), public health (West Nile virus), and cultural events (David Hockney's death), all neutrally.
Focus OnlineParty-alignedCenter9 days ago SpaceX's IPO in Liveticker: stock starts with 11 percent price increaseThe article reports on the initial public offering (IPO) of SpaceX, noting that its stock price increased by 11% at the start.
Bias read (Center): The article provides a factual report on the stock performance of SpaceX without any apparent ideological framing or bias. It simply states the stock price increase without commentary or emphasis on political implications.
Frankfurter Allgemeine (FAZ)Independent🔒Center9 days ago SpaceX as a city talkThe article discusses SpaceX's initial public offering (IPO) on the stock market, noting that it has become a topic of casual conversation among people. The piece highlights the significance of this event, suggesting that it is a major milestone.
Bias read (Center): The article does not take a political stance or show bias toward any particular ideology. It simply reports on the economic event of SpaceX's IPO and its impact on public discourse without using loaded language or favoring one side over another.
Süddeutsche ZeitungIndependent🔒Center9 days ago SpaceX is the biggest IPO in historyThe article reports on SpaceX's successful initial public offering (IPO), which is described as the largest in history.
Bias read (Center): The article appears to present factual information without overtly biased language or emphasis. It focuses on the event itself rather than taking a stance on SpaceX's policies, achievements, or controversies.
Süddeutsche ZeitungIndependent🔒Center9 days ago What's behind the mega-exchanges: SpaceX, Open AI, Anthropic launching this yearThe article discusses the upcoming initial public offerings (IPOs) of major technology companies including SpaceX, OpenAI, and Anthropic in the current year. It explores the reasons behind these significant stock market entries and their potential impact.
Bias read (Center): The article provides a general overview of the IPOs without taking a clear stance or using biased language. It focuses on the economic implications and does not favor any particular political perspective.
Frankfurter Allgemeine (FAZ)Independent🔒Center9 days ago SpaceX stock: a stock market prospect like in the science fiction movieThe article discusses SpaceX's IPO prospectus, noting that it contains ideas reminiscent of science fiction and suggests that the document is aimed not only at traditional investors.
Bias read (Center): The article provides a neutral observation about the content and target audience of SpaceX's IPO prospectus without taking a stance or using biased language.