The 2026 FIFA World Cup has kicked off across North America. FIFA, the governing body that organizes it, is widely seen as a prosperous organization. After all, it governs the world’s most popular sport and its most prestigious event. It’s regarded as a machine generating billions of dollars. But that perception is not the case […]
It’s official: El Niño is back. By late fall 2026, forecast models give a 2-in-3 chance of a strong-to-very strong El Niño affecting the weather, climate and ocean temperatures across the planet. El Niño is the climate system’s biggest player and one side of the El Niño-Southern Oscillation, or ENSO. It’s the heads to La […]
Elon Musk’s rocket and satellite company SpaceX is seeking to raise about $75 billion in what would be the largest initial public offering (IPO) on record, according to an updated prospectus filed with the US Securities and Exchange Commission (SEC)on Wednesday. At an offering price of $135 per share, the company would be valued at […]
Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had. The rocket and satellite maker raised US$75 billion on […]
