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SpaceX’s $60B Anysphere Deal and Other Market Movers of June 20

Wall Street Journal US Business •
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SpaceX announced a $60 billion purchase of Anysphere, a firm that builds quantum‑secure networking gear, pushing the company toward a diversified defense‑tech portfolio that could lift its valuation beyond $500 billion.

The move follows the Bank of Japan’s recent rate hike to a 31‑year high, a shift that tightens liquidity for Asian tech investors and may dampen growth in the region’s high‑growth sectors. Meanwhile, the hospitality sector pushes Marriott to disclose more revenue from its Marriott Bonvoy loyalty program, a move that could reshape hotel pricing models.

Charlie Javice’s pursuit of a presidential pardon after a fraud conviction and Switzerland’s voter rejection of a tax‑policy proposal illustrate the broader regulatory and political pressures that could influence corporate governance and fiscal policy across markets.