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SpaceX Hits Historic Valuation as Microsoft Faces Shareholder Lawsuits
Posted
June 17, 2026
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2:25Now PlayingFrom a record-breaking IPO to major legal challenges facing one of the world's largest tech companies, this week's biggest technology headlines are making waves across the industry.
On this edition of Tech Weekly, Fiona Jones breaks down SpaceX's historic public debut after the company raised a record $75 billion in what became the largest initial public offering in U.S. history. The milestone further solidifies Elon Musk's aerospace company as one of the world's most valuable businesses, even as analysts debate whether its soaring valuation can be sustained.
Meanwhile, Microsoft is facing proposed class action lawsuits from shareholders alleging the company failed to adequately disclose slowing growth in its Azure cloud business and the potential costs associated with expanding its artificial intelligence infrastructure. Microsoft has denied the allegations, calling the claims without merit.
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