Dec 12 (Reuters) - SpaceX has authorized an insider share sale that values Elon Musk's company at about $800 billion as the rocket-maker ​prepares for its initial public offering, Bloomberg News reported on ‌Friday. The company's move towards a public listing, which could rank among the largest global ‌IPOs, has been largely driven by the rapid expansion of its Starlink satellite internet business, including plans for direct-to-mobile service and progress in its Starship rocket program for moon and Mars m ...

Core Insights - Tesla shareholders have approved an investment in Elon Musk's xAI, indicating strong support for Musk's ventures and potential synergies between Tesla and xAI [1] Company Developments - The approval of the investment by Tesla shareholders suggests a strategic alignment with Musk's broader technology initiatives, which may enhance Tesla's capabilities in artificial intelligence [1] - There is speculation regarding whether SpaceX could be the next company to receive similar investment support from Tesla, highlighting potential future collaborations [1]

Core Viewpoint - A securities class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements regarding its business operations and growth prospects during its IPO and subsequent period [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Firefly's common stock during the IPO on August 7, 2025, and securities between August 7, 2025, and September 29, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for January 12, 2026 [1]. Group 2: Allegations Against Defendants - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is claimed that the Alpha rocket program did not meet its operational readiness and commercial viability as represented [2]. - As a result of these issues, the statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the January 12, 2026 deadline [3]. - The lead plaintiff will act on behalf of all class members and select counsel to represent the class [3]. Group 4: Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. plaintiff-side law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received numerous accolades in the legal field [4].

The Royal Canadian Air Force ordered six Global 6500 aircraft from Bombardier Inc. in a deal valued at about C$753 million ($547 million) for multi-role missions. https://t.co/OuAgp3iLJx ...

Core Viewpoint - The Federal Aviation Administration (FAA) will review Boeing's proposed enhanced flight crew alerting system for the Boeing 737 MAX 10, which includes a synthetic enhanced angle of attack [1] Group 1 - The FAA's review indicates ongoing regulatory scrutiny of Boeing's safety systems [1] - The proposed alerting system aims to improve flight safety and operational efficiency for the Boeing 737 MAX 10 [1]

Group 1 - President Trump is seeking to block state laws on AI and is advocating for a national regulatory framework [1] - The Federal Reserve has reappointed 11 of the 12 regional presidents for new 5-year terms, with Atlanta Fed President Rafael Bastik announcing retirement [1][2] - Costco's earnings and revenue exceeded estimates, with US comparable sales increasing by 5.9% and digital sales rising over 20% year-over-year [2] Group 2 - NASCAR has settled an antitrust lawsuit, granting permanent charters to all teams involved, although the terms of the settlement were not disclosed [3] - Elon Musk confirmed that SpaceX is planning to go public in 2026, responding to reports of an $800 billion valuation, which he stated was inaccurate [4] - Speculation around SpaceX's IPO suggests potential valuations could reach as high as $1.5 trillion, with Musk owning over 40% of the company [5]

Core Insights - Firefly Aerospace (FLY) stock experienced a significant surge of 27% following several recent announcements perceived positively by the market, although the stock price remains lower than previous levels [1]. Company Overview - Firefly Aerospace operates within the aerospace sector, focusing on providing launch services and technology. The company is noted for its growth potential in a complex industry [1]. Analyst Background - The analysis is conducted by Dhierin-Perkash Bechai, an experienced aerospace, defense, and airline analyst with a background in aerospace engineering. The analyst aims to identify investment opportunities in the aerospace, defense, and airline sectors [1].

The development follows a series of major aviation decisions taken by the interim government led by Muhammad Yunus. In July, Bangladesh announced its plan to buy 25 aircraft from Boeing to avoid a 35% import tariff proposed by US President Donald Trump. If finalised, the Eurofighter acquisition would mark Bangladesh’s first major purchase of a Western-built combat aircraft. Eurofighter Typhoon design and performanceThe Eurofighter Typhoon, a lightweight fighter jet, built by a consortium from Britain, Ital ...

RT SpaceX (@SpaceX)Falcon 9 launches 29 @Starlink satellites from Florida https://t.co/chGALSuXga ...

Core Insights - The current financials of The Boeing Company suggest that it may not be an attractive investment opportunity for potential buyers [1]. Financial Performance - The article indicates that based on the latest financial data, investors might be discouraged from purchasing shares of Boeing [1].