Today in News History

On June 17, several notable moments in the history of News stand out. In 1571, Thomas Mun, English writer on economics (died 1641) was born. In 1942, Roger Steffens, American actor and producer was born. In 1947, Paul Young, English singer-songwriter (died 2000) was born. In 1955, Cem Hakko, Turkish fashion designer and businessman was born. In 1960, The Nez Perce tribe is awarded $4 million for 7 million acres (28,000 km2) of land undervalued at four cents/acre in the 1863 treaty. In 1966, Tory Burch, American fashion designer and philanthropist was born. In 1982, Roberto Calvi, Italian banker (born 1920) passed away. In 1989, Interflug Flight 102 crashes during a rejected takeoff from Berlin Schönefeld Airport, killing 21 people. In 2001, Thomas Winning, Scottish cardinal (born 1925) passed away. In 2008, Cyd Charisse, American actress and dancer (born 1922) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.

SpaceX (SPCX) Debuts At $2 Trillion Valuation, But Starship Remains The Make-Or-Break Bet

Foreign Policy Journal

June 16, 2026

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SpaceX (SPCX) Debuts At $2 Trillion Valuation, But Starship Remains The Make-Or-Break Bet

SpaceX (SPCX) closed its first day of public trading above a 2 trillion valuation, immediately drawing scrutiny over whether its most ambitious growth thesis can actually be delivered. The company already generates meaningful revenue through its Starlink satellite internet service and commercial launch operations, giving investors a concrete foundation beyond pure speculation. However, the core [] The post SpaceX (SPCX) Debuts At 2 Trillion Valuation, But Starship Remains The Make-Or-Break Bet appeared first on Foreign Policy Journal.

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