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FIFA is projected to generate over $10 billion in revenue from the current World Cup.
SpaceX has filed a free writing prospectus for its IPO, listing 555.56 million shares at a price of $135 per share.
The upcoming SpaceX IPO is expected to raise $75 billion, making it the largest in history.
The valuation of SpaceX at its IPO is approximately 90 to 100 times its current and forward 12-month revenues.
The European Central Bank has raised interest rates for the first time in nearly three years.
ECB President Christine Lagarde has warned that inflation, initially triggered by the war with Iran, is now widening beyond the energy sector.
A report by former ECB President Mario Draghi concluded that Europe needs to increase investment by €1.2 trillion annually to combat its economic decline.
The six largest economies in the European Union have agreed to proceed with plans for deeper capital market integration, even without the consensus of all 27 member states.
Political conflicts between the U.S. and Iran are contributing to rising fuel prices, creating economic strain for fans attending the FIFA World Cup.
According to Dan Hunt, co-owner of the Dallas Football Club, revenue generated from the FIFA World Cup is used to support global soccer initiatives, including grassroots programs, prize money, and development in emerging nations.
Ticket prices for the current FIFA World Cup are six to seven times more expensive than they were for the 2022 tournament.
The successful IPO of SpaceX is predicted to make founder Elon Musk the world's first trillionaire.