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SpaceX, led by Elon Musk, is gearing up for a historic initial public offering (IPO) that could value the aerospace and artificial intelligence company at $2 trillion. As part of its efforts to raise $75 billion, potentially the largest public offering in history, SpaceX will host an event for 1,500 retail investors in June.In a departure from the norm, the company has allocated a significant portion of its shares, up to 30%, for non-professional, non-institutional investors. This move is seen as a bid to leverage Musk's popularity among individual investors. The process will begin with a 'roadshow' to bankers on June 7, followed by the retail investor event on June 11.Bret Johnsen, SpaceX's chief financial officer, emphasized that retail investors will play a critical role in this IPO, stating that they have been 'incredibly supportive' of the company and Musk. The offering will be open to investors from the UK, EU, Australia, Canada, Japan, and Korea.The company's revenue reached $15 to $16 billion last year, with Starlink, its satellite internet service, and contracts with the US government being major contributors. Analysts predict revenues could reach $20 billion in 2026, driven by growth in satellite and space ventures.SpaceX's ambitious plans include developing datacentres in space to address energy challenges through a constant supply of solar power. The company is working on Starship, touted as the world's 'most powerful launch vehicle,' which is expected to play a crucial role in these endeavors.

A sharp political row has ignited between the central government in Madrid and the Basque regional authorities over a request to display Picasso’s Guernica at the Guggenheim Museum in Bilbao from 1 October to 30 June, coinciding with the 90th anniversary of the town’s devastating aerial attack.The masterpiece has been housed in Madrid’s Reina Sofía museum since 1992, and previous appeals to relocate it to the Basque Country have been consistently rejected.The latest demand has seen Isabel Díaz Ayuso, the outspoken conservative president of the Community of Madrid, and Aitor Esteban, leader of the Basque nationalist party, exchange barbed remarks, each accusing the other of a “provincial” outlook.Ayuso argued that moving the painting “doesn’t make sense” and quipped that, if origin mattered, “all of Picasso’s works should be sent to Málaga,” the artist’s birthplace. She also warned that the Reina Sofía fears the relocation could damage the delicate canvas.Esteban shot back, suggesting that Ayuso’s notion of national identity was reduced to “drinking beer on a terrace bar,” a jab at her stance on keeping Madrid’s bars open during the pandemic.Basque president Imanol Pradales challenged the Spanish government’s resolve, asking whether it could muster the courage to move Guernica after having “dragged Franco out of his tomb.” He framed the decision as a test of political will.The Basque administration proposes to exhibit the work at the Guggenheim for eight months, framing the display as a tribute to the victims of the 1937 bombing of the town of Guernica.The black‑and‑white canvas captures the horror of the attack carried out by the German Condor Legion and the Italian air force on 26 April 1937, an early example of strategic aerial bombardment of civilians during the Spanish Civil War.Casualty estimates for the raid vary widely—from as few as 126 to as many as 1,654 dead—yet the painting has become an enduring global symbol of the atrocities of war.After its debut at the 1937 Paris International Exposition, Guernica toured Europe and the United States. Picasso, who opposed its return to Spain under Franco’s dictatorship, later allowed it to reside at New York’s Museum of Modern Art (MoMA) for several decades.Art historian Francisco Chaparro cautioned that, while the Spanish government cannot entirely rule out a move, the risk of damage must outweigh any political motivations. He likened the situation to the Mona Lisa’s permanent stay at the Louvre and Velázquez’s *Las Meninas* at the Prado, noting that Guernica has been “rolled and unrolled on numerous occasions.”Artist José Manuel Ballester reminded observers that Picasso himself had envisioned the painting hanging in the Prado, a position he never assumed during the civil war.In 2000, the Reina Sofía rejected a request from MoMA to loan Guernica, declaring that the “great icon of our museum must remain, without exception, separate from the policy on lending works to other museums.”Note: The article was amended on 7 April 2026 to include the German Condor Legion alongside the Italian air force in describing the 1937 bombing.

Israel's newly approved $271 billion budget has sparked concerns over its implications for the occupied West Bank, with a significant portion allocated to settlement expansion and far-right ideological projects. The budget, the largest in Israel's history, was passed early on Monday from a fortified bunker, amid the ongoing conflict with Iran.The ruling coalition has bypassed legal frameworks to direct billions towards these goals, citing national security concerns. A key allocation is $129.5 million to the Ministry of Settlement and National Missions, which authorizes illegal Jewish-only settlements and outposts on Palestinian land.Finance Minister Bezalel Smotrich, a settler himself, has been granted sweeping powers over the occupied territory and has openly opposed the two-state solution. Prime Minister Benjamin Netanyahu has echoed this sentiment, stating there will be no Palestinian state west of the Jordan River.The budget also includes funds for projects such as building bypass roads through Palestinian towns, providing protection for illegal settlement outposts, and incorporating armed settlers into the state's civilian security apparatus. These moves are seen as entrenching the occupation and empowering far-right elements of Netanyahu's government.The allocation comes against a backdrop of surging violence by settlers and Israeli armed forces' raids on Palestinian communities across the West Bank, which have intensified since the onset of Israel's war on Gaza in October 2023. UN data shows nearly 3,000 attacks on Palestinians in the West Bank over the past two years.The budget's passage has highlighted divisions within the Israeli opposition, with Yair Lapid accusing rival parties of being more focused on criticizing his party than uniting against the governing coalition. Analysts warn that the spending bill will have severe long-term consequences, including further destabilizing the region and undermining any future viable Palestinian state.

Majdi Aslan, a 54‑year‑old WHO driver, was killed on Monday when Israeli troops opened fire on a vehicle carrying World Health Organization staff in eastern Khan Younis. Several other passengers, including a WHO doctor, sustained injuries.The incident occurred near the so‑called yellow line on Salah al‑Din Street, an area that has seen near‑daily Israeli strikes since a fragile ceasefire was brokered in October. Gaza’s Health Ministry reports that more than 700 Palestinians have been killed in the renewed wave of violence.According to Al Jazeera correspondent Hani Mahmoud, Israeli forces fired indiscriminately at people and vehicles traveling along the road. A civilian commercial vehicle was followed by a car transporting WHO personnel; the WHO driver was hit in the head and later pronounced dead at Al‑Aqsa Hospital, while roughly seven others were wounded.WHO did not immediately confirm the victim’s employment but issued a statement saying a “critical security incident” had occurred and that medical evacuations from Gaza via the Rafah crossing were suspended with immediate effect. The organization has been coordinating limited patient transfers through Rafah since the crossing reopened earlier this year.The suspension comes as Israel continues to restrict humanitarian aid entry and has repeatedly closed the Rafah crossing, especially as the broader U.S.–Israel conflict with Iran draws international focus. The halt threatens the already strained access to life‑saving treatment for thousands of injured Palestinians.Elsewhere on Monday, a Palestinian man with special needs was killed by Israeli soldiers in southern Khan Younis, a drone strike in Gaza City claimed a 36‑year‑old civilian, and two more Palestinians died in drone attacks on the Yarmouk and Shujayea neighborhoods. Hospital sources say eight Palestinians have been killed by Israeli air strikes outside areas under Israeli control since Sunday.

US President Donald Trump has issued a stern warning to Iran, stating that the Tuesday deadline for Tehran to agree to free passage through the Strait of Hormuz is final. Failure to comply will result in US strikes on Iranian infrastructure, he emphasized.On Monday, Trump described an Iranian proposal aimed at ending the conflict as 'a significant step' but insufficient to avert US action. The proposal, which includes 10 clauses such as an end to conflicts in the region, a protocol for safe passage through the Strait of Hormuz, the lifting of sanctions, and reconstruction, was conveyed to the US via intermediaries.The Iranian proposal was put forward after Pakistan suggested a 45-day ceasefire, which Iran reportedly rejected, seeking a permanent end to hostilities instead. Iran's diplomatic mission head in Cairo, Mojtaba Ferdousi Pour, stressed that Tehran would only accept an end to the war with guarantees that it wouldn't be attacked again.The Strait of Hormuz, a critical waterway through which about 20% of the world's oil supplies pass, has been a focal point of the conflict. Trump's threat to destroy Iranian infrastructure unless the strait is reopened has caused oil prices to surge and shaken the global economy.Earlier on Monday, Israel struck a key petrochemical plant in Iran's South Pars gas field, killing two commanders of the Islamic Revolutionary Guard Corps. Israel claimed responsibility for the strike, which appeared separate from Trump's threats.The White House confirmed that a ceasefire proposal was under consideration but stated that Trump had 'not signed off' on it. The conflict, sparked by Israeli and US attacks on Iran on February 28, has seen Iran fire missiles at targets across the Middle East.Trump has been vocal about his stance, suggesting that Iran's leaders are 'animals' who have killed tens of thousands of protesters and expressing that he is 'highly unlikely' to postpone the deadline. When asked about concerns that attacks on infrastructure could be classified as war crimes, Trump responded that he is 'not worried about it,' emphasizing that allowing Iran to have a nuclear weapon would be a greater war crime.

At least ten displaced Palestinians were killed and dozens more wounded, including six in critical condition, after Israeli drones launched two missiles near a school housing refugees in the central Gaza Maghazi refugee camp, health officials reported. The strike occurred amid clashes between residents and an Israeli‑backed militia that had allegedly attempted to abduct people from the school. Witnesses said the militia’s leader later claimed to have killed five Hamas members, a statement that could not be independently verified. According to Al‑Aqsa Martyrs Hospital, the victims were struck east of the camp, where residents were trying to defend their homes. "The residents tried to defend their homes, but the occupation forces targeted them directly," said Ahmed al‑Maghazi to Reuters. The Maghazi camp, once one of the smallest Palestinian refugee enclaves with roughly 30,000 residents, has seen its population more than triple since the war began, according to UNRWA. Despite being designated by the Israeli military as a "safe zone," the area has suffered multiple lethal attacks, including a December 2023 strike that killed over 100 civilians, primarily women and children. Earlier on the same day, a World Health Organization (WHO) staff member was killed and several others injured when Israeli forces opened fire on a WHO vehicle, underscoring the broader risk to humanitarian personnel in the region. The latest incident highlights the fragility of ceasefire arrangements reached in October and raises urgent questions about the protection of civilians in areas purportedly shielded from conflict.

The Grand National continues to be a major highlight in the horse racing calendar, with its enduring popularity and cultural significance in the UK. Despite ongoing concerns about horse welfare, the event has seen a decrease in serious injuries and fatalities in recent years, thanks in part to modifications made to the course.The Grand National has a long history dating back to 1839 and remains one of the most-watched and highly bet-on events in the sport. While animal rights groups continue to criticize the race, citing concerns over horse safety, the sport's governing bodies have implemented various measures to minimize risks.In recent years, there has been a steady reduction in the number of fallers in the National, with data showing a decline from 8-8-4-4-6-4-5-4-4-0-3 fallers between 2014 and 2025. The 2024 and 2025 runs, with easier fences and a maximum field of 34, recorded the lowest and third-lowest numbers of fallers this century.Despite these improvements, fatalities still occur, and the RSPCA has called for lessons to be learned from recent incidents, emphasizing that 'one death is too many.' The organization has highlighted the need for continued vigilance and improvement in horse welfare and safety protocols.The racing community continues to evolve, with jockeys and trainers working to balance the thrill of competition with the imperative of protecting the animals involved. As the sport prepares for upcoming events, including the Grand National, there is a renewed focus on safety, welfare, and the integrity of the sport.

President Donald Trump opened the traditional Easter Egg Roll on the White House South Lawn alongside a child dressed in a giant bunny costume, before turning the event into a platform for a stark Iran warning to a room of reporters. Hours later, the president entered a packed briefing room flanked by Defence Secretary Pete Hegseth. The press conference highlighted the recent rescue of a U.S. airman whose jet was downed by Iran, a mission Trump praised as "genius" and likened to a Hollywood production. Amid the celebration, Trump shifted focus to a $1.5 trillion Pentagon budget request he had submitted the previous week, emphasizing military spending while domestic programs face cuts. In a chilling turn, the president warned that the United States could "take out the entire country in one night" by targeting Iran’s bridges and power plants, a threat he framed as a potential path to freedom for the Iranian people. He claimed, without evidence, that Iranians would accept such suffering to topple their regime. When a reporter cited the Geneva Conventions, Trump dismissed the concern, questioning the journalist’s affiliation and mocking the New York Times for its declining circulation. Trump also hinted at personal profit, stating, "I'm a businessman first" when asked about seizing Iranian oil, and invoked a quasi‑religious narrative, saying, "God was watching us" during the Easter festivities. Defence Secretary Hegseth, known for his ties to Christian nationalism, likened the rescue to a resurrection, describing the timeline from the aircraft’s downing on Good Friday to its recovery on Easter Sunday as a "pilot reborn". Critics on social media and within Congress have labeled Trump’s rhetoric as "insane" and "dangerous," urging the cabinet to consider the 25th Amendment to assess his fitness for office. The president brushed off mental‑health concerns, suggesting that if his condition were an issue, "you’ll need more people like me." Recent weeks have seen Trump make contradictory statements: first denying the strategic importance of the Strait of Hormuz, then threatening escalation; first boasting of air superiority after a U.S. fighter was shot down, then claiming the war is already won. These erratic pronouncements have heightened worries that the nation’s nuclear launch authority may be in the hands of a leader whose public behavior resembles the "Mad Hatter" of Lewis Carroll’s classic.

Ipswich Town secured a vital 2-1 victory over Birmingham City on Easter Monday, propelling them into the automatic promotion places in the Championship. The win came courtesy of a decisive goal from Kasey McAteer, his first since joining the club last summer.The match was played against the backdrop of controversy surrounding Nigel Farage's visit to Portman Road on March 23. Farage, the leader of Reform UK, was seen wearing an Ipswich shirt with the number 10 on it, sparking division among fans and a heated debate about the club's apolitical stance. The club's chairman, Mark Ashton, later apologized for any hurt, pain, or distress caused by the incident.On the pitch, Ipswich dominated proceedings, with McAteer scoring the winning goal after Birmingham's Carlos Vicente had given them a surprise first-half lead. The hosts' full-backs played a crucial role in securing the draw and ultimately the win, with Darnell Furlong's cross leading to Ben Johnson's equalizing goal.The second half saw Birmingham push for an equalizer, with Ibrahim Osman's introduction making a significant impact. However, despite some nervy moments, Ipswich held firm, and McAteer's goal sealed the win and sent the home fans into raptures. This victory moves Ipswich into second place on goal difference above Millwall, with Middlesbrough still to play their evening game.