SpaceX filed to issue its first senior unsecured investment-grade notes, saying the deal could mark the start of a large fundraising wave to finance its AI ambitions after a record $75 bln IPO. The filing says issuance is subject to market conditions; the notes would be unsecured and pari‑passu with all existing and future non‑subordinated debt. Media reports say SpaceX is seeking at least $20 bln; proceeds would repay a temporary bridge loan of roughly that size, which makes up the bulk of the

US President Trump said the New York Times was wrong to claim little changed after nearly four months of war, asserting Iran’s military has been largely destroyed — navy and air force gone, missile and drone launch platforms and production nearly eliminated — and that two senior leaders are gone. He added Iran’s inflation is about 250%, its economy has collapsed, soldiers are unpaid, the Strait of Hormuz is open and oil is flowing, while US stocks and employment are at record highs.

The Ministry of Agriculture and Rural Affairs and the National Development and Reform Commission convened major hog-producing provinces and large hog producers to assess current live-hog production and to steer routine, targeted capacity controls aimed at returning hog prices to reasonable levels. Officials said prices have bottomed and stabilised but demanded continued, tightened comprehensive capacity-control measures to improve the supply-demand balance and cement the price recovery. Large producers were ordered to improve the quality of production statistics and monitoring-data reporting, take the lead in reducing capacity and output, strictly curb secondary re-fattening, cull weak piglets and lower slaughter weights. Major producing provinces were instructed to strengthen oversight and monitoring-data sharing, finalise and implement provincial capacity-control plans and continue substantive capacity reductions.