SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire.

The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece. The offering would give SpaceX a market value of $1.77 trillion.

Trump seeks new path forward with tariffs

President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago. The administration has proposed slapping double-digit tariffs on products from dozens of major U.S. trading partners after an investigation into imports of goods allegedly made with forced labor. And more tariffs are likely coming.

Under the proposal released in Washington late Tuesday, 16 economies — including Canada, Mexico, the European Union, Taiwan and the United Kingdom — would face 10% levies for allegedly failing to enforce bans on forced labor. Another 44 trading partners — including China, Japan, India, South Korea and Switzerland — would be hit with 12.5% import taxes.

9/11 memorial raising funds to educate youth

The 9/11 Memorial and Museum has launched a $75 million fundraising campaign as the nonprofit tries to educate the millions of U.S. youth who don’t remember the terror attacks.

Boosting The Never Forget Fund’s latest appeal, announced Wednesday, is Mike Bloomberg. The former New York City mayor is pledging to match the next $25 million in donations through his Bloomberg Philanthropies in honor of the 25th anniversary.

UK orders Google to allow AI scraping opt-out

British competition regulators have mandated that Google must allow news sites to opt out of having their content scraped for AI overviews.

That is part of new “conduct requirements” imposed by the Competition and Markets Authority to loosen Google’s grip on the U.K.’s online search market. Google must provide publishers with tools to withhold content from its AI services and properly cite content in AI-generated search results.

Macy’s raises annual outlook

Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers.

The New York company raised its outlook Wednesday and shares ticked higher before the opening bell. Comparable sales — sales at established online channels and stores– rose 3% during the first quarter.