To discover the latest breaking business news stories, simply continue reading to discover everything you need to know about breaking business news stories around the world. Including the latest news about Boeing, Tesla, SpaceX and FC Barcelona.
The Latest Business News:
Emirates just placed an order for $9 billion dollars of Boeing aircrafts:
International airline Emirates has just placed an order for $9 billion dollars of aircrafts from Boeing. For $9 billion Emirates will receive 30 of Boeing’s new 787-9 Dreamliner jets. The $9 billion deal between Emirates and Boeing was announced at the Dubai Air Show, which is one of the largest annual air shows in the world. However while Boeing’s lucrative $9 billion deal was the largest deal which was made at the Dubai Air Show, one of their biggest rivals Airbus signed a greater number of international deals than Boeing. Proof that there is currently healthy competition in the commercial airspace industry.
A prominent money manager believes that a single Tesla share may soon be valued over $6,000:
Catherine Wood relive’s that billionaire Elon Musk’s electronic car company Tesla could reach a share price of just over $6,000 within five years. A reevaluation of her original prediction that Tesla shares would reach a share price of $4,000 within the same time period. However Wood did clarify that these estimations are based on Tesla managing to retain the majority of its market share. How has Tesla performed in recent times, since September 2019 Tesla’s share price has doubled due to its increase of vehicle production and international sales.
Space focused companies raised a staggering $5.8 billion dollars of private investments in 2019:
Private investors have invested around $5.8 billion dollars into established companies and early stage companies who are focused on the future of space travel. One example of a well known space company which has been the recipient of such investments is SpaceX, which is owned by Elon Musk, who also happens to own Tesla.
Other examples of private space companies which have attracted generous investments from private investors include Blue Origin and OneWeb. Both of which are relatively well known. However private investors have also been keen to back smaller, entrepreneur led space companies as well as more established space companies.
While the vast majority of space focused tech companies are not listed on international stock markets, financial experts predict that it won’t be long until you’ll be able to purchase and trade shares in space focused companies on the public market.
FC Barcelona is set to become the world’s very first billion dollar football club:
In 2019 FC Barcelona overtook their rival Real Madrid as the highest valued football club in the world. Between 2018 and 2019 FC Barcelona managed to generate $959.3 million dollars of revenue. A staggering sum for a football club. As a result financial experts believe that it’s highly probable that FC Barcelona will soon become the world’s very first billion dollar football club.
Hopefully you found all of the business news stories listed above, highly informative. Especially if you enjoy keeping up to date with the latest international business developments.