Gwynne Shotwell: The Engineer Who Runs SpaceX

SpaceX began trading publicly on Friday under the ticker symbol SPCX, reaching a market valuation of approximately $1.77 trillion. The company’s president and COO, Gwynne Shotwell, maintains a long-standing ritual of carrying two sticky notes labeled “Scotland” in her shoes on launch days, a practice she adopted following a high-stakes 2008 NASA contract negotiation. As … Read more

Why You Won’t Get Rich From a SpaceX IPO

SpaceX’s impending initial public offering (IPO) is poised to become the largest in history, with a valuation of $1.75 trillion after raising $75 billion. While the company is opening 30 percent of its shares to retail investors—significantly higher than the typical 5 to 10 percent allocation—financial experts warn that individual investors will likely receive only … Read more

China to Strengthen Regulation of Program Trading

The Algorithmic Frontier: China’s New Push to Regulate High-Frequency Trading As financial markets evolve, the rise of algorithmic and programme trading has shifted from a niche institutional tool to a dominant market force. In China, where the fund industry has ballooned to a staggering 85 trillion yuan (US$12.56 trillion), regulators are now signaling a major … Read more