SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion

A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company’s valuation to about $127 billion. The space venture is looking to bring in up to $1.725 billion in new capital, at a price of $70 per share, according to a company-wide email on Friday obtained by CNBC. Notably, SpaceX split its stock price 10-for-1 in February, which reduced the common stock to $56 a share – with…

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NBA champion Dwyane Wade shares his three best tips for managing money

Dwyane Wade still moves fast but this time it’s off the basketball court. The retired three-time NBA champion for the Miami Heat has investments in media companies and consumer products. Wade, 40, has purchased an equity stake in two sports teams, the NBA’s Utah Jazz in April 2021 and in January 2022 joined Blackstone executive David Blitzer as a co-owner of MLS club Real Salt Lake. He’s hosting a TV show on TBS, “The Cube,” and co-founded Budweiser Zero, the iconic brand’s entry into nonalcoholic beer. And this doesn’t even touch on…

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Prices are surging, but people are still paying top dollar to watch live sports

People are changing their spending habits as prices surge at rates not seen in four decades, making choices that favor experiences. That means big demand for live sports. Demand for sports attendance is usually “unresponsive to price changes,” said Dennis Coates, a sports economics professor at the University of Maryland, Baltimore County. “Good times, bad times, high prices — it doesn’t change consumers’ behavior” around spending on sports. Now that pandemic restrictions are easing, even as cases remain elevated in several places, people are looking to get out more. “I…

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More people are dying on U.S. roads, even as cars get safer. Here’s why it’s a tough problem to solve

Cars and trucks are wedged together after a deadly multi-vehicle pileup on the ice covered I-35 in a still image from video in Fort Worth, Texas, February 11, 2021. NBC5 | via Reuters New vehicles on sale in the U.S. today are the safest and most advanced ever made, yet roadway fatalities last year reached their highest level in 16 years. The problem is complex: It’s a combination of reckless or distracted driving, largely due to cellphone usage; increased sales of trucks and SUVs; and higher performance of vehicles, among…

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Daughter’s hair loss led 85-YO couple to launch Avimee Herbal hair oil

Radhakrishna and Shakuntala Choudhary of Surat, Gujarat, have introduced a hair oil infused with 50 botanicals. The launch of Avimee Herbal was motivated by their daughter’s hair loss. It is never too late to begin a new endeavor. Age, as they say, is only a number. If you have the tenacity to pursue your passion, you will be successful in the end. Radhakrishna and Shakuntala Choudhary, two elderly retired couples from Surat, Gujarat, became business partners. With the expansion of Avimee Herbal, the tribe has expanded to include additional entrepreneurs…

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Covid-19: India reports 2,226 new cases, 65 fatalities; active cases dip to 14,955 – ET HealthWorld

India logged 2,226 new coronavirus infections taking the total tally of COVID-19 cases to 4,31,36,371, while the active cases dipped to 14,955, according to the Union Health Ministry data updated on Sunday. The death toll climbed to 5,24,413 with 65 fresh fatalities, the data updated at 8 am stated. The active cases comprise 0.03 per cent of the total infections, while the national COVID-19 recovery rate was recorded at 98.75 per cent, the ministry said. A decrease of 41 cases has been recorded in the active COVID-19 caseload in a…

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Chhattisgarh Government is ensuring economic and social justice for all through Nyay Yojana: CM Bhupesh Baghel

Today, on the death anniversary of former Prime Minister Bharat Ratna Late Mr. Rajiv Gandhi, Chief Minister Mr. Bhupesh Baghel virtually released an amount of Rs 1804 crore 50 lakh to more than 26 lakh 68 thousand farmers, landless agricultural laborers, livestock farmers and women Self-Help Groups associated with Gauthans a programme organized at his residence office in Raipur. Extending his congratulations to the farmers, landless agricultural labourers, cattle rearers and women SHGs of the state, the Chief Minister said that Chhattisgarh is the first state in the country, which…

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ICMR, NCDC put on alert as WHO confirms 80 monkeypox cases in 11 countries – ET HealthWorld

The World Health Organization (WHO) has confirmed 80 cases of monkeypox in 11 countries and said they are working to better understand the extent and cause of the outbreak. In a statement issued on Thursday, the WHO said the virus is endemic in some animal populations in a number of countries, leading to occasional outbreaks among local people and travelers. “WHO and partners are working to better understand the extent and cause of an outbreak of monkeypox. The virus is endemic in some animal populations in a number of countries,…

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North Korea reports more fevers as Kim Jong Un claims virus progress – ET HealthWorld

North Korea said Saturday it found nearly 220,000 more people with feverish symptoms, even as leader Kim Jong Un claimed progress in slowing a largely undiagnosed spread of COVID-19 across his unvaccinated populace and hinted at easing virus restrictions to nurse a decaying economy. The outbreak has caused concern about serious tragedies in the poor, isolated country with one of the world’s worst health care systems and a high tolerance for civilian suffering. Experts say North Korea is almost certainly downplaying the true scale of the viral spread, including a…

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