The Wall Street Journal reports Elon Musk's tunneling company The Boring Company is in talks with investors to raise about $4 billion.

Axios reports the U.S. and UK plan a high-level London meeting next week to discuss forming a potential international coalition to protect shipping in the Strait of Hormuz. Timing and agenda are still being finalised; the U.S. defense secretary and the chairman of the Joint Chiefs of Staff are possible attendees. Washington aims to build on recent UK and French talks and is seeking allied contributions of minehunters, naval vessels and drones to secure the waterway. Several countries say they will only participate if fighting inside the strait has ceased and ground conditions are sufficiently secure for international maritime operations.

US President Trump said on social media he remains in contact with Russian President Putin and Ukrainian President Zelensky amid the Ukraine war. Trump reported Putin told him Russia will not sell weapons to Iran. Trump said he understands Russia does not supply weapons directly to Ukraine but sells equipment to NATO members who pay full price, and he said he does not know how those systems are subsequently redistributed.