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.

Banco Santander analysts expect the Bank of England to keep rates unchanged next week while maintaining a vigilant, 'active hold' stance. They say current policy settings appear sufficiently tight to buy time to assess inflationary risk from the Middle East shock. Slowing inflation and a weak labour market limit near-term second-round price pressures, but a prolonged Iran conflict would raise upside inflation risk. Santander judges that if the crisis persists beyond summer, the BoE would face a substantial risk of having to hike in September.

Al Arabiya, citing sources, reported a U.S. negotiating proposal would allow the Lebanese army to gradually return to areas south of the Litani River.