SpaceX plans will establish its Starbase LA in Vermillion Parish in order to "support thousands of launches annually.
Source: [CNBC](https://www.cnbc.com/2026/08/25/spacex-louisiana-spaceport.html)
Developing story — details emerging. Check the source link for the latest updates.
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Mistral and HUMAIN announced plans to build sovereign AI infrastructure in Saudi Arabia and across the region—a tie-up valued in the hundreds of millions of euros that deepens Gulf money flowing into European AI.
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Treasury Secretary Scott Bessent’s surprise plan to tamp down US borrowing costs by expanding bond buybacks may have sparked fierce debate about its ultimate effectiveness, but key market metrics and positioning show that it’s having an impact.
Guggenheim Investments, the asset-management arm of Mark Walter’s Guggenheim Partners, is telling lenders that affiliates may look to buy portions of a loan issued by its financing entity after the debt’s value collapsed in recent weeks.