Ed Kalecki

Evacuation centers remain open as authorities work to cool an overheated chemical storage tank and keep it from exploding less than a mile from Disneyland's two theme parks and the nearby stadium, which is home to the Los Angeles Angels.

The main concern was that the tank could fail and crack, releasing the chemical onto the ground or it could explode.

The tank is located at GKN Aerospace, which makes parts for commercial and military aircraft.

SpaceX launched its biggest, most powerful starship yet, carrying 20 Mach Starlink satellites and a rocket Elon Musk hopes will get people one day to Mars.

It made its debut days after the company filed for an IPO.

Lauren Grush covers space for Bloomberg.

Bloomberg's Lauren Grush on Bloomberg this weekend.

SpaceX also holds $4 billion worth of contracts with NASA to get astronauts back on the moon and has its own plans to start a moon base.

That's news when you want it with Bloomberg News Now.

I'm Ed Kalecki.

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News when you want it with Bloomberg News Now.

I'm Ed Kalengi.

President Trump says the U.S.

and Iran are getting a lot closer to finalizing a peace deal and reopening the Strait of Hormuz.

Bloomberg's Monica Ricks reports.

Several Persian Gulf allies have joined Pakistan in trying to push for a resolution to the war, urging President Trump to allow more time for negotiations.

Bloomberg News White House correspondent Kate Sullivan says the president is touting progress, but it's unclear whether either side is really budging.