2026-06-05
12 分钟Good morning from the Financial Times.
Today is Friday, June 5th, and this is your FT News Briefing.
Elon Musk is cozying up to retail investors.
And can a bunch of cockroaches upset Indian politics?
Plus, the World Cup kicks off next week.
We'll take a look at the challenges one host city is facing.
Guadalajara is a place with a lot of cartel presence and a lot of cartel control.
It's not really the ideal image for a football tournament.
I'm Mark Filippino, and here's the news you need to start your day.
SpaceX expects to go public about a week from now, and CEO Elon Musk wants to prioritize everyday investors.
About one-fifth of SpaceX shares will be reserved for retail investors.
That's according to sources familiar with the matter, and it's unheard of for such a large IPO.
Musk expects the company will raise around $75 billion.
Then again, this isn't entirely out of character for Musk.
He told his social media followers in 2020 they'd get top priority for the SpaceX listing.
Individual investors own more than 40% of Tesla's stocks.
SpaceX will set the final IPO price on June 11th, and it's expected to go public the next day.
It's not unheard of to use an animal to symbolize a political party.
Here in the U.S., the Democrats use a donkey and Republicans use an elephant.
And in India, a youth protest movement is aligning itself with the cockroach.