President Trump said signing an executive order on "birth tourism" today is constitutional.

SpaceX plans on-site generation and storage for Terafab, the large semiconductor plant it is developing with Tesla in Texas. Riley Trettel, head of SpaceX energy and data center development, said in Grimes County on Wednesday the company will be self-sufficient, building a gas-fired power plant and very large battery arrays to store energy. Company officials tied the move to surging power needs from the new fab and associated data centers, boosting demand for new gas generation; the plan is consistent with Musk’s long-standing preference for vertical integration. Tesla already manufactures grid-scale Megapack batteries and operates a Megapack factory west of Houston.

Market sources: the UK government’s latest sanctions target Russian vessels and companies, including banks and industrial groups.