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Saturday, July 18, 2026

WORLD IN BRIEF: SpaceX nears $1.8tn valuation, US to deport Iranians, South Sudan whistleblower abducted and other stories - Business News Nigeria

SpaceX valued at nearly $1.8 trillion after record $75bn share sale

SpaceX raised $75 billion ahead of its stock market debut, pricing shares at $135 each and valuing the company at nearly $1.8 trillion. The listing is expected to be the largest in history and could cement Elon Musk’s status as the world’s first trillionaire if shares hold their value when trading begins.

Sea drone rescues US helicopter crew near Strait of Hormuz

Two US Army personnel were rescued by an unmanned naval vessel after their Apache helicopter crashed near the Strait of Hormuz. The operation marked the first publicly confirmed use of a sea drone in a real world military rescue mission.

Iran says no final decision on peace deal despite Trump’s optimism

Iran said it has not yet reached a final decision on a proposed peace agreement with the United States, despite President Donald Trump’s claim that a deal could be signed within days. Tehran said key parts of the text had been agreed but insisted it would not compromise on its core demands.

India protests US attacks on tankers after sailors killed

India has urged Washington to halt strikes on shipping in the Gulf after three Indian sailors were killed in an attack on a tanker. New Delhi summoned a senior US diplomat and called for dialogue to prevent further escalation in the region.

US plans to deport Iranians to Central African Republic

The Trump administration is preparing to deport a group of Iranian migrants and asylum seekers to the Central...



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