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SpaceX share price drops below stock market debut
SpaceX’s share price has dropped below its stock market debut just over a month ago, falling sharply from a post-float peak. The price for a single share in Elon Musk’s rocket, satellite and artificial intelligence (AI) company fell to $132.62 (£98.24) on Wednesday, below its initial listing of $135 in June. SpaceX’s initial public offering…
How a prolonged Middle East conflict could reshape how we fly
It is worth mentioning that the future of the Gulf model has been questioned in the past, not least during the Covid pandemic, when some experts suggested carriers reliant on long-haul routes and transit traffic, using fleets of large aircraft, were not agile enough to respond to changing circumstances. In reality, the recovery was rapid,…
A 45% school bus fare hike is too much, says Coventry dad
A dad-of-two wants a bus operator to reconsider its charges for a popular school route amid plans for a huge fare hike. Ambi Ambituuni’s daughter currently uses the 85 bus operated by National Express to travel between her home in Coventry and her school in Rugby – journeys costing £165 a term. From January 2,…
ITV hits such as Im a Celebrity to stay free to watch after takeover, says Sky boss
In a statement announcing the deal, Sky said the UK media market was undergoing “a profound and rapid transformation, and as competition for audiences intensifies, scale matters more than ever in order to compete with global streaming giants and YouTube in the UK”. The chief executive of ITV, Dame Carolyn McCall, also said the deal…
