Pete Hegseth launches a six-month NATO review that could reshape US troop deployments in Europe as allies face pressure to boost defense spending.

Pete Hegseth Unveils NATO 3.0 Plan as US Reviews Military Presence in Europe

U.S. Defense Secretary Pete Hegseth has launched a comprehensive six-month NATO review of US Military Presence in Europe, warning that American military commitments to the continent will now depend on the willingness of NATO allies to assume primary responsibility for their own security. Speaking at a meeting of defense ministers in Brussels on June 18, 2026,…

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Elon Musk becomes the world's first trillionaire after SpaceX's historic Nasdaq IPO pushes the company's valuation to $2.2 trillion. Here's everything you need to know

Elon Musk becomes World’s First Trillionaire After Record-Breaking SpaceX IPO

Elon Musk has officially become the world’s first trillionaire after SpaceX made its highly anticipated debut on the Nasdaq stock exchange. The company’s record-setting initial public offering (IPO) propelled Musk’s personal wealth beyond $US1.1 trillion (approximately A$1.5 trillion), placing him in a financial category unlike any individual before him. The historic listing instantly transformed SpaceX…

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