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SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals
Elon Musk’s strategy of folding his companies into one conglomerate is already paying off. Regulatory documents filed ahead of SpaceX’s historic IPO reveal that the company secured a $20 billion bridge loan from a group of major banks. That loan was used to retire $17.5 billion of high-interest junk debt accumulated by X and xAI. The financial […]<br /> This story continues at The Ne [...]
How to change your Apple Account password
Your Apple Account is the key to everything you do on your iPhone, iPad, MacBook, Apple Watch and Apple Vision Pro. It keeps your purchases, subscriptions and personal data secure. If you think your account has been hacked, if you’ve logged in on a shared device or if you haven’t updated your password in a while, it’s a good idea to update it. Apple officially rebranded Apple ID as Apple Acc [...]
Experts fear a big, ugly slowdown in today's jobs report
The U.S. labor market is expected to have downshifted in May, with Friday’s jobs report likely to show the slowest pace of hiring since the start of the year — offering the clearest signal yet that employers are pulling back amid rising economic headwinds and growing risk aversion.Read more... [...]
