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SpaceX Erases $400 Billion in Market Value as Debut Rally Reverses on Rising Bond Yields

SpaceX shed more than $400 billion in market value after shares in Elon Musk's AI and rockets group tumbled more than 16%, snapping a rally that had followed the company's market debut. The catalyst was a fresh rise in…

NM
NewsMV Markets Desk
3 min read
22 June 2026Markets desk
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Westland Insurance acquires Interior Savings Insurance

The acquisition of Interior Savings Insurance adds another book of business to Westland Insurance, one of Canada's largest insurance companies. The announcement came August 6 from Surrey, British Columbia, issued…

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LS Power to acquire Brazos Valley Energy Center from Constellation for $860m

A definitive $860 million agreement delivers Constellation's 606MW Brazos Valley Energy Center to LS Power, closing out the final required asset sale tied to Constellation's Calpine acquisition. The deal is gated on US…

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Idaho Strategic Resources flags yttrium find at Diamond Creek as gold profits back the rare-earth push

The July 23 announcement of significant heavy rare-earth-element mineralization at the Diamond Creek project, including yttrium, puts Idaho Strategic Resources (NYSEMKT: IDR) in focus for investors tracking the domestic…

NM
NewsMV Markets Desk
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