NPR News: 06-12-2026 1PM EDT
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What are the details of SpaceX's historic IPO?
Live from NPR News in Washington, I'm Windsor Johnston. The opening bell at the Nasdaq today as SpaceX made its market debut. NPR's Jeff Brumfield reports company shares opened above the listing price.
SpaceX began trading at $150 a share. That's around 11% over the $135 the company had named as its list price. It's now officially the largest initial public offering in history. The IPO is also set to make Elon Musk even richer. He could become the world's first trillionaire. The soaring stock price comes despite the fact that SpaceX has been recording big losses in its AI business. Investors are betting that Musk's vision can take the spaceflight company literally to the moon and beyond. Jeff Brumfield, NPR News.
A federal judge has issued a preliminary injunction blocking the Justice Department's nearly $1.8 billion anti-weaponization fund. The judge said the move was necessary despite the department's statements that the fund was not moving forward. NPR's Ryan Lucas reports.
At a court hearing on a lawsuit challenging the fund, U.S. District Judge Leonie Brinkema said the public statements from DOJ officials that the department was abandoning the fund were not sufficient. She noted that President Trump continues to publicly support the fund and that the government has refused to formally declare under oath that the fund is indeed dead. Judge Brinkham had therefore issued a preliminary injunction blocking the fund, but she gave the Justice Department one week to provide a clear, unambiguous declaration under penalty of perjury, signed by the acting Attorney General and the U.S. Treasury Secretary, that the fund will not move ahead. If it does so, the judge said she will likely dismiss the lawsuit.
If the government does not do so, then the case will move forward. Ryan Lucas, NPR News, Alexandria, Virginia.
Ebola continues to spread in eastern Democratic Republic of Congo. According to the latest figures, more than 670 people have contracted the virus and 136 have died. Emmett Livingstone reports.
All appears calm on the streets of Bunia, a city of over one million people in a Turi province in eastern Congo. But the easy atmosphere belies the ongoing crisis. Handwashing stations have sprung up everywhere. And in a central plaza, a screen blares a video explaining Ebola symptoms on loop. 185 cases have been recorded in the city, but there is active transmission in the rural hinterland too. According to the latest government figures, confirmed cases have been recorded in over half of Eturi's health zones. No one knows the true number of people infected. Aid workers say that many people are choosing to stay at home if they develop symptoms, which is complicating the response. For NPR News, I'm Emmett Livingstone in Bunia.
On Wall Street, the Dow was up 352 points. This is NPR. Cleanup operations are underway across parts of the Midwest after severe storms brought tornadoes, power outages, and travel disruptions yesterday. More than 380,000 customers in Illinois and Indiana were left without electricity. Tornado damage was reported in several communities. There's one reported death in Iowa. The long-awaited opening of a massive new bridge between Detroit and Windsor, Ontario, Canada is being postponed. Officials in charge of the Gordie Howe International Bridge canceled a ribbon-cutting ceremony set for today. Quinn Kleinfelter from Member Station WDET reports.
The new span, jointly owned by Canada and the state of Michigan, would compete with the private Ambassador Bridge across one of the U.S.' busiest trade corridors. But President Trump is engaging in a trade war with Canada. He's vowed to block the bridge from opening unless the U.S. receives extra trade concessions. even though Canada covered all of the cost of construction. Canadian Prime Minister Mark Carney says his nation is working through issues with the Trump administration, which is also negotiating a renewal of the free trade deal between the U.S., Canada, and Mexico. For NPR News, I'm Quinn Kleinfelter in Detroit.
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