Retail investors are lining up to invest in SpaceX’s massive IPO. But be cautious about flipping your shares.

Demand for the offering is reportedly nearly four times the number of available shares, which could give the company a big boost on its first day of trading. That may tempt investors to cash out, but those who do could face a brokerage penalty, including restricted access to future offerings and even a potential fine.

SpaceX’s long-term returns are far from guaranteed, but it’s worth considering the penalties, especially with a wave of upcoming IPOs.

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Inflation reached its highest level in three years, crossing the 4% year-over-year mark as the Iran war drove up energy prices.

The U.S. bombed Iran Wednesday for the second day in a row, and President Donald Trump said they would “pay the price” for taking too long to negotiate.

Federal prosecutors reportedly subpoenaed major banks, including Bank of America and JPMorgan Chase, for allegedly “debanking” customers for political reasons.

Anthropic CEO Dario Amodei said he doesn’t know the role its Claude AI model played in a deadly missile strike that reportedly killed around 120 children at an Iranian elementary school in February. He insisted in an interview with Bloomberg that a “human makes the final decision,” though the strike raises questions about the use of increasingly capable AI systems during military operations.

Despite scaling back........

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