News when you want it with Bloomberg News Now, I'm ad Kalegy. SpaceX is reportedly in talks for a share sale that would value the rocket maker higher than open AIS record setting five hundred billion dollars, making SpaceX the most valuable US private company Bloomberg's and Ludlow says there's actually more to this.
I'm hearing that there is a tender underway. It could close by Monday. But actually the share price I was hearing is much nearer to three hundred dollars apiece, which would put the valuation nearer to six hundred billion dollars. So this is a kind of live situation.
Sources tell The Wall Street Journal that SpaceX CFO Brett Johnson told investors about the sale in recent days. In addition, the Information is reporting that SpaceX is looking to launch an IPO in late twenty twenty six. The State's Department says the US and Ukraine have agreed to a framework of security arrangements after two days of meetings between officials from both countries. The US was led by Special Envoy
steep And Witcoff and Jared Kushner. Discussions included necessary deterrence capabilities, to sustain a lasting piece, and both parties agreed that progress depends on Russia's readiness to show serious commitment to long term peace, including steps toward de escalation and cessation of killings. The US and Ukraine will reconvene Saturday for
more talks. The Supreme Court said it will review President Trump's planned rollback of automatic birthright citizenship, setting up a high stake showdown over when long has been understood to be a constitutional right. The clash will test a Trump executive order that lower courts have uniformly says runs a foul of the Constitution, federal immigration law, and Supreme Court precedent. The justices will hear an administration appeal in a suit
being pressed by affected people. It is the first time the President's plan has been squarely before the High Court. Netflix has agreed to buy Warner Bros. Discovery, marking a seismic shift in the entertainment business as a Silicon Valley bred streaming giant tries to swallow one of Hollywood's oldest and most revered studios. Under terms of the deal announced Friday, Warner Brothers shareholders will receive twenty seven seventy five a share in cash and stock in Netflix, valuing the business
at eighty two point seven billion including debt. The total equity value of the deal is seventy two billion dollars. Warner Brothers will spin off cable networks such as CNN and TNT into a separate company before concluding the sale of its studio and HBO two Netflix. The Trump administration has started charging a five thousand dollars fee to people
who enter the US illegally. The apprehension fee applies to any one fourteen year older who was arrested and determined to have crossed the border without authorization and is deemed inadmissible. US Border Patrol Chief Michael Banks said this in a statement on x on Thursday. The fee was approved by Congress under President Trump's One Big, Beautiful Bill Act, which
included billions of dollars for immigration enforcement. An influential panel of US vaccine advisors voted to revoke a long standing recommendation that all babies receive hepatitis B shop within twenty four hours of birth, a move expected to reverse the country's progress toward eliminating the disease. The decision is the most consequential action taken by the Advisory Committee on Immunization Practices since the group was recast under Health and Human
Services Secretary Robert F. Kennedy Junior earlier this year. The vote allows parents to delay the shot for at least two months, or skip it all together if the mother tests negative for the virus. The stock market crept higher on Friday, but stopped short of records. We get more from Bloomberg's Charlie Pellett.
For the week, the S and P five hundred index was up three tenths of one percent. The Dow gained five tenths. NASDAK was up by nine tenths of one percent. Traders refrain from making big bets ahead of the Fed's interest rate cut decision next week. The NASDAK one hundred index up four tenths of one percent, while the Russell two thousand gage of smaller companies slipped after closing at a record on Thursday. Friday, the SMPN Dow both gained
two tents of one percent. NASDAK was up three to ten of one percent in New York, Charlie pet Bloomberg radio.
President Trump has eased the required improvements in fuel economy imposed on the auto industry. Republican Lisa McLain if Michigan tells Bloomberg the auto companies in her state welcome the decision.
It's less regulation and it makes the car more affordable. And the more regulation you put on manufacturers, that's passed right down to the consumer, so they produce an actual product that people want to buy.
Republican Lisa McLain of Michigan. The Friday numbers on Wall Street, the Dow gain one four, Nasdaq added seventy two, the S and P was up thirteen. The ten year treasury yield is at four point one three percent, the two year treasury yield three point five six percent. That's news when you want it with Bloomberg News. Now I made Kleggy. This is Bloomberg