Elon Musk announced plans Wednesday for one of the biggest sales of stock to the public ever for his space company that is currently losing billions of dollars year. A filing Wednesday shows his SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue, and the losses kept piling up at the start of this year, too. Still, the initial public offering is expected to rank among the largest ever, possibly surpassing the current title holder, Saudi Aramco, the oil giant that went public seven years ago. The stock sale could also make Musk, a major owner who founded SpaceX in 2002, the world’s first trillionaire. Forbes currently puts his net worth at $839 billion.

Stephen Colbert's run on “The Late Show” ends Thursday, marking the conclusion of his on-air feud with President Donald Trump. Colbert began hosting in 2015 and often criticized Trump and his policies. CBS announced last summer that the show would end in May, citing economic reasons. However, Colbert and others suspect political pressure played a role. The decision follows Paramount's settlement of Trump's lawsuit and its pending sale to Skydance Media. Colbert's departure leaves a void in late-night TV, with fans missing his unique perspective and humor. Other hosts like Jimmy Kimmel have shown support.

Single Gen Z women are outpacing the men of their generation when it comes to buying a home. They accounted for 35% of all homebuyers in their generation, while single Gen Z men represented 18%, according to survey data from the National Association of Realtors. The survey covered homebuyers from July 2024 to June 2025. Single women across all generations made up a quarter of homebuyers, while single men accounted for 11%. The trend is the latest sign that single women are choosing to become homeowners — and overcoming affordability challenges many aspiring homeowners face — at greater rates than single men. Even so, older generations and married couples represent the largest share overall of homebuyers.

Chinese leader Xi Jinping and Russian President Vladimir Putin have hailed their strategic ties and energy trade during a meeting in Beijing. They oversaw the signing of over 40 cooperation agreements in trade, technology, and media on Wednesday. Xi described their relationship as being at the highest level in history. He also stressed the need for peace in the Middle East to ensure energy stability. China has become Russia's top trading partner since the Ukraine invasion, despite sanctions. Both leaders highlighted their united front on international affairs. They praised each other as friends.