Economy

Space X IPO
Early investor: Musk merges Space X and Tesla

Space X is set to go public in June and after that it is only a matter of time before the AI ​​space company merges with Tesla. This is predicted by Peter Diamandis, who first invested in Space X about 20 years ago, according to Bloomberg.

The reasoning is based on Elon Musk wanting to strengthen his power over his corporate empire.

– I don't see it as a question of if but when the companies merge, says Diamandis.

Saab sales
Canada rejects US – begins talks with Saab

Canada and Saab have begun negotiations on a purchase of the Swedish defense giant's Global Eye reconnaissance plane. A competing bid from the US has thus been rejected.

"I look forward to welcoming Canada to the Global Eye family," writes Prime Minister Ulf Kristersson (M) on X.

Canadian Prime Minister Mark Carney also confirms the talks, according to TT.

- With a set of advanced sensors and mission systems, Saab's Global Eye will become an important resource for the Canadian defense to detect and deter threats in the Arctic.

Strike at Samsung
Union calls off strike at Samsung after bonus rain

After five months of conflict, Samsung's largest union has agreed to a new bonus agreement, averting the threat of an 18-day strike, international media reports.

Reuters notes that the bonuses vary widely between employees and that about a quarter of the members of the two unions voted against the deal.

According to Bloomberg, employees in Samsung's chip division are expected to receive bonuses equivalent to an average of around 3.2 million kronor. But while employees in the memory chip business can get up to 3.7 million kronor thanks to the AI ​​boom, others only get one percent of that amount.

The agreement also averts the threat to global chip supply. Samsung's shares rise more than 6 percent on the Seoul stock exchange after the announcement.
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New fossil record close - T-rex "Gus" to be sold this summer

Auction house Sotheby's will sell a 67 million-year-old dinosaur skeleton in mid-July. The T-rex "Gus" is valued at between 20 and 30 million dollars, which means that the fossil could become the most expensive ever.

Dinosaur skeletons have been sold at exclusive auctions since the late 90s. Sotheby's also has a pronounced focus on the fossil market.

In 2024, the stegosaurus “Apex” was purchased by financial giant Citadel owner Ken Griffin for $44.6 million. At the time, the valuation was between $4 and $6 million.