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SpaceX has drawn $150 billion in investor demand, twice its $75 billion target, with order books closing June 10, pricing set for June 11 and trading on Nasdaq under SPCX beginning June 12.
Samaila Zubairu's Africa Finance Corporation has closed a $2 billion syndicated loan, its largest ever, with Asian and European banks each accounting for 35% of participating lenders, reflecting deepening global interest in African infrastructure.
A coalition of African NGOs is pursuing Morgan Stanley, HSBC, Société Générale and Crédit Mutuel over their roles in Vincent Bolloré's €5.7 billion sale of his African ports empire to MSC, alleging the transaction laundered proceeds of corruption.
Floyd Mayweather earned more than $1 billion in boxing. In 2026, IRS liens, a $340 million lawsuit and asset sales are raising serious questions about what remains.
Sundar Pichai's Google is in talks with Blackstone, KKR and EQT to give their combined portfolio companies access to its AI models, as OpenAI and Anthropic move to lock up the same customer base first.
Elon Musk took the witness stand April 28 in his $134 billion lawsuit against OpenAI and Sam Altman, arguing the company he helped found betrayed its original mission to benefit humanity.
The Michael Jackson biopic opened to $217.4 million globally in its first weekend, setting an all-time record for music biopics and wildly surpassing studio estimates of $70 million.
Thomas Flohr's VistaJet is working with bankers on a potential IPO this year, sending bond prices higher after remarks made to lenders on an earnings call.
Andre Young, known professionally as Dr. Dre, has quietly sold his Carbon Beach waterfront home in Malibu for $16.5 million.
Centum reported a $2.52 million loss for the half-year ended Sept. 30, 2025, as weaker sales and uneven economic conditions weighed on performance.
Lowe’s, led by Marvin Ellison, completes $8.8 billion acquisition of Foundation Building Materials, expanding its professional services network.
Adebayo Ogunlesi’s Global Infrastructure Partners is in advanced talks for a takeover of Virginia-based AES Corp.
Court rules SK Macharia violated orders, directing removal of guards from Directline’s Nairobi office amid leadership battle.
Africa’s richest man Aliko Dangote regains $29 billion net worth, driven by cement gains and refinery exports.
Investec gains energy trading license, boosting access to renewable power and deepening its role in South Africa’s evolving energy sector.
African Bank, led by Kennedy Bungane, secures $40.4 million to support SMEs through its first social bond and sustainable finance framework.