NPR News: 06-12-2026 8PM EDT
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What significant event occurred with SpaceX on its stock market debut?
Live from NPR News in Washington, I'm Ryland Barton. Elon Musk's company SpaceX had a banner day on its stock market debut today. As NPR's John Ruich reports, it rose more than 19 percent and made Musk a trillionaire.
SpaceX broke records with its IPO, raising $75 billion. And when the shares traded on the Nasdaq, demand was strong. The stock opened up 11 percent from the IPO price yesterday. and ended the day up more than 19%, making SpaceX one of the biggest companies on Earth by market cap. Some experts say it's overvalued, though. The company has a unique toehold in rocketry and satellite communications, and it's also involved in artificial intelligence, but it lost $5 billion last year and another $4 billion in the first quarter of this year. SpaceX doesn't lack for ambition. It wants to put people on Mars, but its path to profitability is unclear. With the SpaceX IPO now in the books, markets will be looking ahead to two other mega listings expected this year, Anthropic and OpenAI.
John Rewich, NPR News.
The Trump administration filed for an emergency stay today to prevent the removal of President Trump's name from the Kennedy Center. NPR's Chloe Veltman reports this came after a federal judge denied an initial appeal earlier today by the centre's board of trustees.
It was looking as if the board, which is stacked with Trump allies, would comply with US District Judge Christopher Cooper's ruling that the renaming of the facility was illegal because it required congressional approval. But late Thursday, the board abruptly changed course and filed an appeal. Cooper denied that appeal in the morning, and now the Trump administration has filed an emergency stay in the D.C. Circuit. This lawsuit against the Kennedy Center was brought by Congresswoman Joyce Beatty. Her attorney, Norm Eisen, says any further attempt to overturn the court's decision is a waste of time. It will not stand.
Sooner or later, that name is coming off the building.
Scaffolding is in place to reach the lettering in question. Chloe Veltman, NPR News.
It's day two of the World Cup and some fans are braving the Texas heat to cheer their teams on at a FIFA fan festival in downtown Houston. Houston Public Media's Kyle McClinigan reports the heat index in the city will be above 100 degrees this weekend.
The Outdoors FIFA Fan Festival in Houston has been open for less than 48 hours, and officials have already confirmed that four people were hospitalized and 22 were treated on-site for heat-related illnesses. However, the heat didn't stop people like Norma Jacoby from turning out. She stood in the shade of a telephone pole.
Everybody's sweating, but we don't care. We're here. We want to have fun. It's a big party, big fiesta. So I know it's hot, but I'm happy.
The heat index is forecast to be 105 in Houston on Sunday, when Germany and Curaçao face off inside the stadium, which has AC. For NPR News, I'm Kyle McClinigan in Houston.
Taylor Swift became the youngest woman ever inducted into the Songwriters Hall of Fame last night at age 36. This is NPR. The EU is starting membership talks with Ukraine next week. Ukraine views it as a crucial security guarantee for its future after the war with Russia. The process can take years. EU leaders have praised Ukraine's reforms. Despite challenges posed by the conflict, some countries want to offer Ukraine associate membership to speed up integration. Ebola continues to spread in the Democratic Republic of Congo. More than 670 cases have been confirmed and 136 people 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.
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