Far-right billionaire candidate Abelardo de la Espriella narrowly won Colombia's presidential runoff, defeating leftist Senator Iván Cepeda. The victory marks a sharp swing to the right after four years under President Gustavo Petro, who alleged vote-counting irregularities. De la Espriella campaigned on an 'iron fist' approach to crime and promises to dismantle Petro's peace plans.

Jun 21, 2026

Economy

SpaceX IPO Surges on Debut, Making Elon Musk the World's First Trillionaire

SpaceX began trading on the U.S. stock market with a market cap exceeding $2 trillion, making Elon Musk the world's first trillionaire. Shares opened at $150, a 6.6% gain from the IPO price, placing the company among America's six largest firms.

Jun 12, 2026

billionaire | Axios Times