AGP Executive Report
Last update: 2 hours agoMega-Merger Watch: SpaceX and Tesla have formed board committees to explore a merger, though no deal is assured and shareholders would need to approve it. The talks followed a strong quarter for SpaceX: revenue jumped 161% to $14.6 billion, with AI generating $7.56 billion. Big Tech Investment: Amazon plans to invest more than €16 billion in Germany in 2027, including €4.8 billion to expand cloud and AI infrastructure near Frankfurt. Microsoft says its £22 billion UK investment plan remains intact despite withdrawing from one data-centre project over power-grid delays. Small Business Support: Guyana’s National Small Business Week will connect entrepreneurs with financing, business guidance and market access. In Canada, new support includes $500 million in expanded BDC liquidity funding and $1.5 billion for businesses facing tariff pressures. Canadian Innovation: Ottawa is investing $15 million in Xona Space Systems Canada’s $64.8 million Montreal project, which is expected to create about 126 skilled jobs in satellite systems and advanced manufacturing.
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