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The headquarters of SpaceX in Hawthorne, California, with a Falcon 9 booster in March 2024.

Explainer

Saudi investors could emerge as key winners from SpaceX’s historic IPO

A new disclosure from Saudi Arabia's Kingdom Holding ahead of SpaceX’s Nasdaq debut shows just how valuable Elon Musk's relationship with Gulf investors has become.

Latest News

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

David Rosenberg

In Tel Aviv, reporting on business and tech

An Israeli air force mechanic inspects an F-16 fighter at Ovda air force base north of the Israeli city of Eilat, on Oct. 24, 2021.

Israel to use laser air defense system within year, PM says

Naftali Bennett also said he hopes ongoing talks over Iran's nuclear program "end without agreement."

Saudi Arabia tech

Saudi Arabia to invest billions in metaverse, blockchain technology

The kingdom, which is seeking to reduce its dependence on oil, made the announcement at the futuristic LEAP technology forum in Riyadh.

NSO Israel

Israel police accused of using Pegasus spyware to hack phones of civilians

An investigative report by Calcalist newspaper claims Israel police has used the NSO-developed spyware Pegasus to hack cell phones of suspected criminals, of witnesses to criminal cases and of activists.

JACK GUEZ/AFP via Getty Images

Israeli entrepreneurs to set up first medical center in Arab city

Entrepreneurs from the Arab city of Sakhnin are done waiting on the government and working with Tel Aviv's Ichilov Hospital to establishment a local medical facility.