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SpaceX lifted off on its first day as a public company, immediately jumping to $150 a share after it began trading on the Nasdaq, around 11% higher than the $135 figure at which it officially priced its IPO on Thursday. The stock price reached as high as $176 in midday trading, pushing the company’s market capitalization to nearly $2.3 trillion, before ultimately settling 19% higher at $160.95 as markets closed. The stock pop isn’t a surprise. The company’s IPO was oversubscribed by 4x, according to Bloomberg, meaning many institutional investors didn’t receive allocations and are likely buying shares on the…

Mumbai: The ministry of information and broadcasting (MIB) on Friday released draft rules to bring television, radio broadcasting, direct-to-home (DTH), headend-in-the-sky (HITS), and internet protocol television (IPTV) services under the Telecommunications Act, 2023. The proposed Telecommunications (Television, Radio and Associated Services) Rules, 2026, seeks to consolidate guidelines governing television channels, DTH, HITS, FM radio, community radio and IPTV services that were earlier administered under the Indian Telegraph Act, 1885.Multi-system operators (MSOs) will continue to be governed under the Cable Television Networks (Regulation) Act, 1995. The draft proposes authorisations for television, radio and associated services under the Telecommunications Act, while the…

There were a lot of ways that SpaceX’s initial public offering could have gone wrong. Instead, the company bucked Wall Street norms, pulled off the biggest IPO ever and raised $75 billion. Source link

The F-35 Lightning II Joint Strike Fighter’s readiness rates continued to decline through fiscal 2025, with the fleet’s full mission capable rate falling to 25%, according to a new Government Accountability Office report released Thursday.The mission capable rate, which measures the percentage of time aircraft can perform at least one of their tasked missions, dropped from 67% in fiscal 2021 to 44% in fiscal 2025, GAO found. The full mission capable rate, the share of time aircraft can perform all assigned missions, slid from 38% to 25% over the same period.Air Force officials attributed part of the fiscal 2025 drop…

NEW DELHI: External affairs minister S Jaishankar on Saturday spoke with US Secretary of State Marco Rubio to convey India’s strong objections to US Navy attacks in the Gulf that resulted in the deaths of three Indian mariners.Describing the incidents as unacceptable, Jaishankar said commercial shipping should not be subjected to such actions.In a post on X, he wrote, “Spoke to US Secretary of State Marco Rubio this evening. I reiterated India’s strong protest at the attacks by the US Navy in the Gulf that killed three Indian mariners. Such lethal actions against commercial shipping are not justified.”His remarks came…

RRB NTPC Graduate Result CBT 1 2026: The Railway Recruitment Board (RRB) announced the results for the RRB NTPC Graduate (CEN 06/2025) CBT 1 exam on June 11, 2026. Candidates who took the exam from March 16 to March 27 can check their qualifying status, as well as the zone-wise merit lists and scorecards, on the official regional RRB websites.The recruitment drive aims to fill 5,810 vacancies for the Non-Technical Popular Categories (NTPC) Graduate Level posts. Candidates who have successfully cleared the CBT 1 examination are now eligible to take the CBT 2 examination. The results have been released in…

The Japan Aerospace Exploration Agency, JAXA, has successfully launched its H3 rocket on its first flight since a failure of the vehicle last December, which resulted in the loss of its payload.Liftoff occurred on Thursday (June 11), just before 8:54 p.m. EDT (0054 GMT), from the Tanegashima Space Center on the southeastern tip of Japan. It was H3’s eighth-ever liftoff, and the first flight of the rocket’s three-engine configuration, which delivered all six of its payloads to their respective orbits, according to a JAXA release.H3 failed to deliver its payload, the Michibiki 5 satellite, during its last mission. The cause…

WWE announced a major match ahead of tonight’s episode of SmackDown. This week’s edition of the blue brand will air live from the Amica Mutual Pavilion in Providence, Rhode Island. The promotion made a big announcement ahead of tonight’s episode of WWE SmackDown. Women’s Tag Team Champions Paige and Brie Bella will be in action tonight in a non-title match. The duo will be squaring off against Fatal Influence’s Fallon Henley and Lainey Reid. You can check out the announcement in the post below. Thanks for the submission! “Tag Team Champions Paige and Brie Bella battle Fatal Influence in non-title…

The Hilux BEV arrives as Toyota’s first fully electric pickup and body-on-frame EV. Toyota launches the Hilux BEV, its first electric pickup With over 27 million models sold over the past seven decades, the Hilux is not only Toyota’s most popular pickup but also one of the best-selling pickups in the world. For its ninth generation, Toyota finally introduced an all-electric version. During its global debut last November, Toyota said the Hilux BEV takes the “legendary pickup into a new era of electrified power.” The electric Hilux is Toyota’s first electric pickup and first body-on-frame EV. As such, the Hilux…

You might’ve heard somewhere that you should only eat oysters during months containing the letter “R” (i.e., September through April). It turns out there’s little credence to the ancient “R” rule, however, thanks to year-round farming and modern refrigeration. I’m no scientist, but I’d have to agree—there’s simply nothing better than grabbing a waterfront table on summer vacation, angling your face towards the sun’s warm rays, and throwing back some oysters on the half shell. And at several coastal hotels across the country, it’s not enough to just slurp the oyster—through on-site experiences, guests are getting to know the bivalve’s…