13:51:40 EDT Wed 02 Sep 2026
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SpaceX CDR (CAD Hedged)
Symbol SPCX
Shares Issued 15,650,000
Close 2026-09-01 C$ 23.68
Market Cap C$ 370,592,000
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Globe/wire say SpaceX's Musk tells gov'ts he knows best

2026-09-02 07:32 ET - In the News

The Globe and Mail reports in its Wednesday edition that the United States urged G20 members on Tuesday to adopt a hands-off stance on artificial intelligence regulation during a meeting of industry leaders and commerce ministers in North Carolina. A Reuters dispatch to The Globe reports that U.S. goals align with major American AI companies, which seek less global regulation to benefit their growing businesses. They fear federal requirements could harm profits by delaying new models or necessitating changes to products for security concerns. Tech adviser Michael Kratsios urged countries to adopt the "Carolina Principles," which focus on creating rules for "novel" AI situations instead of drafting new regulations, during his speech to G20 officials. He said,"Policy-makers do not need to approach each innovation in isolation and should not treat every emerging technology as a first-of-its-kind policy problem." SpaceX's Elon Musk criticized the European Union's tech regulations, saying that the EU's policy "inhibits progress." He also urged leaders outside China to develop new energy sources to power data centres. Debates over data centres have become a key political issue in the U.S. ahead of the 2026 midterm elections.

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