Expectations are high for the IPO of SpaceX. The company – which includes rockets, satellites and AI units – could become one of the most valuable in the world following its market launch on Friday. Founder Elon Musk is set to retain near-total control of SpaceX, with 85 percent of the voting rights. Igor Pejic, tech investing strategist and author of the book "Tech Money", says Musk's personal influence is likely to draw in more investors – but the company is overvalued at $1.75 trillion.   

As the 2026 FIFA World Cup kicks off in Mexico this Thursday, we take a look at the tournament’s expected economic impact – both globally and on host countries. But the real winner, it seems, is FIFA, with record revenues forecast at $11 billion. Also in this edition, markets react to a fresh flare-up in violence in the Strait of Hormuz, and SpaceX faces a lawsuit from an environmental group ahead of its blockbuster market debut this Friday.

Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level in three years, driven by rising energy prices since the start of the war with Iran. President Donald Trump has hailed the figures as "great".

The 2026 World Cup in the United States, Canada and Mexico is on track to be the most expensive one ever for match-going fans. The cheapest general sale tickets for the final are four times as expensive as they were for the final in Qatar in 2022, and represent only a small proportion of total seats. We look at the reasons for this surge in prices. Also in this edition: solar power overtakes coal in the US, in spite of Donald Trump's policies. 

The EU has ordered Meta to grant rival AI chatbots free access to its WhatsApp platform within five working days, while it completes its antitrust investigation into the company. Meta says it will appeal, accusing the EU of "regulatory overreach". Meanwhile, Brussels hits back at Apple after the iPhone maker blamed the EU's Digital Marketing Act for its decision to delay the rollout of its new Siri AI in Europe. 

The maker of ChatGPT, OpenAI, has kicked off the process of selling its shares on public markets by submitting a confidential filing with the US Securities and Exchange Commission on Monday. The AI startup is looking to capitalise on its dominant position on the AI chatbot market in order to boost its financing needs. Also in this edition: Chinese exports continued to grow in May in spite of the war in Iran. Plus a new report suggests another retirement age hike in France.

Anthropic, the firm behind AI assistant Claude, submitted a confidential filing to go public with the US Securities and Exchange Commission on Monday. The firm, valued at close to a trillion dollars, could make its market debut by the end of the year as it sees a surge in interest for its range of AI products. Also in this edition: as France welcomes new data centre investments, we see what's driving that interest and what impact it could have on local communities. 

The European Union has slapped a €200 million fine on Chinese retailer Temu for selling products considered toxic or unsafe, including baby toys and electronics. The e-commerce giant disputes the ruling, which came under the EU's Digital Services Act, requiring online platforms to protect consumers from harmful content or products. Also in the show:  Global air travel dips for the first time since the pandemic, and France is set to reimburse the cost of weight-loss drugs for obese patients.

Benchmark prices for crude oil rose on Thursday as Iran said it targeted a US airbase in response to American air strikes. Commercial traffic through the Strait of Hormuz, which had slightly ticked up in previous days, dwindled down to almost nothing again. Also in this edition: Australia takes legal action against US consumer goods giant 3M over "forever chemicals" in firefighting foam. Plus Brazilian leader Lula endorses more oil and gas exploration in the Amazon.

French President Emmanuel Macron gave the country's plans to move away from fossil fuels another boost on Tuesday, announcing big private investments, including a €1 billion EV project from Stellantis. Some 200 companies signed onto a national pact to join the government's efforts to double the share of electricity in the country's energy mix to 60 percent by 2030. Plus, BP has fired its chairman Albert Manifold over "serious concerns" about governance standards and conduct.