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Redfin estimates wealth produced by a SpaceX IPO, if pooled by current and former employees, could buy about 40% of homes in San Antonio — the nearest major metro to SpaceX’s Starbase HQ in Texas. The report’s alternate scenarios show employees could

2026-06-12

Redfin estimates wealth produced by a SpaceX IPO, if pooled by current and former employees, could buy about 40% of homes in San Antonio — the nearest major metro to SpaceX’s Starbase HQ in Texas. The report’s alternate scenarios show employees could purchase roughly 15% of Houston’s housing stock or all homes in McAllen (about 80 miles from Starbase) and still have about $74bn remaining.

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2026-06-12

UNCTAD's June Global Trade Update projects global lithium demand will increase 353% between 2024 and 2040 and graphite demand 131%. Clean-technology demand share is expected to rise; lithium's share of demand is forecast to climb from 62% in 2024 to

UNCTAD's June Global Trade Update projects global lithium demand will increase 353% between 2024 and 2040 and graphite demand 131%. Clean-technology demand share is expected to rise; lithium's share of demand is forecast to climb from 62% in 2024 to 87% by 2040. UNCTAD says rising demand for energy-transition minerals — lithium, cobalt, nickel, copper and rare earths — is reshaping global trade. Supply is concentrated across reserves, mining, processing and refining, with processing and refining particularly concentrated and higher value-added. For 2025 UNCTAD projects the Democratic Republic of Congo will account for 74% of global cobalt output, Indonesia 67% of nickel output and China 69% of rare-earth output.
2026-06-12

ECB Governing Council member Moulin said euro-area wages have not yet been affected, but the oil-price surge is beginning to feed through to other goods and services. Three-and-a-half months after the Gulf war outbreak, she said, it is clear that reg

ECB Governing Council member Moulin said euro-area wages have not yet been affected, but the oil-price surge is beginning to feed through to other goods and services. Three-and-a-half months after the Gulf war outbreak, she said, it is clear that regardless of short-term geopolitical developments the energy shock will persist; although second-round wage effects have not materialised, rising oil and gas prices are already pushing up prices of some consumer goods and services. Moulin gave no policy guidance, saying the ECB takes inflationary pressures seriously and is determined to return inflation to a 2% medium-term target; in a highly uncertain environment the bank will monitor indicators closely but will not commit to a predetermined path.
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