Reuters:
Sources: SpaceX has drawn more than $250B of investor demand for what is poised to be the largest-ever IPO, far beyond the $75B SpaceX is aiming to raise  —  Elon Musk's SpaceX (SPCX.O) has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO …

Reuters:
Sources: SK Hynix plans to list its shares in the US as soon as August, seeking to capitalize on AI stock demand and broaden its investor base  —  SK Hynix (000660.KS) plans to list its shares in the U.S. as soon as August, said two sources familiar with the matter, as the South Korean memory chipmaker seeks …

Bloomberg:
Sources: Ant International is considering raising ~$1B at a $10B+ valuation, paving the way for a potential Hong Kong IPO as soon as this year  —  Ant Group Co.'s international business is considering raising about $1 billion to accelerate growth, according to people familiar with the situation.

Sankalp Phartiyal / Bloomberg:
Tata's chairman predicts AI agents will cut half the jobs at Tata Consultancy Services, and says TCS plans to reduce hiring in coming years as it ramps up AI  —  Sign up for the daily India Edition newsletter by Menaka Doshi - an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise.

Dominic Chopping / Wall Street Journal:
Swedish autonomous truck company Einride will debut on the Nasdaq today after completing a SPAC merger at a pre-money valuation of $1.35B  —  The company's backers include Stockholm-based EQT Ventures  —  STOCKHOLM—Swedish autonomous truck company Einride will make its trading debut …