SpaceX founder and CEO Elon Musk speaks via video at the Nasdaq Marketsite in Times Square during the launch of the SpaceX initial public offering (IPO) on the Nasdaq on June 12, 2026, in New York City. (Spencer Platt/Getty Images)
(NEW YORK) — Elon Musk-led rocket and AI company SpaceX joined the Nasdaq 100 on Tuesday, clearing the way for a potential influx of investment as funds pegged to the major index were expected to add the firm.
SpaceX will all but certainly become a part of many individuals’ 401(k) accounts soon. Those accounts often hold index funds, which track indexes like the Nasdaq 100.
Until recently, newly listed companies were barred from major indexes until after an extended waiting period. But the Nasdaq issued a rule change in May permitting “fast entry” to the Nasdaq-100 for some major IPOs. Over the ensuing weeks, some other top exchanges also tweaked their rules.
Entry into the index marked the latest development for SpaceX after a roller coaster in the company’s shares following an initial public offering (IPO) last month. The stock price soared roughly 50% in the initial three days after the public listing on June 12, before shedding just about all of those gains within days.
SpaceX shares dropped nearly 6% in early trading on Tuesday, putting the price at about $151. The SpaceX IPO, the largest ever, opened trading last month at $150 per share.
The IPO made Musk the first trillionaire, vaulting the world’s richest person further ahead of other financial titans. After SpaceX shares tumbled on Tuesday, Musk’s net worth fell to $973 billion, according to Forbes. The second-wealthiest person alive, Google founder Larry Page, holds a net worth of $303 billion, Forbes said.
The IPO pulls in fresh funds for the Texas-based firm, which oversees Musk’s ambitions in the fast-growing but cost-intensive AI industry. The company aims to raise as much as $75 billion from its public listing.
SpaceX builds and operates spacecraft, including thousands of satellites deployed in support of its Starlink satellite internet service. In February, the company merged with xAI, a Musk-led AI company that offers a chatbot in competition with the likes of OpenAI’s ChatGPT and Anthropic’s Claude.
The company’s revenue jumped to $18.7 billion in 2025, soaring 33% compared to the previous year, a financial filing showed. Nearly a quarter of that revenue came from Starlink, which counted millions of subscribers. Still, SpaceX failed to turn a profit, registering a loss of $4.9 billion last year.
The Jackson County Sheriff’s Department released this photo during the search for Nolan Xavier Wells, 18, in Mississippi. (Jackson County Sheriff’s Department)
(NEW YORK) — A Mississippi community is mourning the death of 18-year-old Nolan Xavier Wells, whose body was believed to be recovered after going missing over the weekend.
Wells vanished after going on a boat trip with friends on the 4th of July, officials said. He was last seen on Horn Island, a barrier island about 10 miles from the Gulf Coast, officials said.
“[The friends] left [Horn Island] and went back without Nolan,” Jackson County Sheriff John Ledbetter said. “From what we understand, he chose to stay there.”
Wells’ mother reported him missing and took to social media, pleading for help.
The sheriff’s department said it launched a search on Horn Island with officials from the Coast Guard, Department of Marine Resources and Gulf Islands National Seashore.
A body was later recovered. On Monday, Ledbetter told ABC News the coroner is still waiting on a DNA test, but said the body matches the description and is likely Wells.
Authorities said they suspect Wells drowned, but are still investigating.
The sheriff said investigators do not suspect foul play.
“There’s no information that we have right now that would lead us to believe that a crime has occurred,” he said.
Wells’ mother, Christine Wonsley, wrote on social media on Monday that she was “absolutely devastated.”
“My heart is broken for our sweet son who was always willing to cheer and uplift others,” she said. “Nolan was a special soul.”
The Ocean Springs School District said in a statement that it’s “shocked and heartbroken.”
Wells graduated last year from Ocean Springs High School, where he was a multi-sport athlete, and he went on to play football at Southwest Mississippi Community College, the district said.
“We are devastated by Nolan’s passing. He was the kind of son, teammate, friend, and student that every coach hopes to have in a program,” the high school’s football coach Jake Bramlett said in a statement. “Nolan was so much more than an outstanding football player. He carried himself with humility, treated others with respect, worked hard, and led by example. His character spoke louder than his accomplishments, and he was loved deeply by his teammates and coaches.”
Principal Jacob Dykes added, “He will be remembered as an extremely kind and hardworking young man who left a lasting impression on his teachers, coaches, teammates, and community. Our thoughts are with his family and the many people he made a lasting impact on.”
ABC News’ Mark Guarino and Joy Piazza-Ruppert contributed to this report.
A 2-year-old girl has died after being left in a hot minivan while in the care of a babysitter, police in Florida said.
Officers found the little girl when they responded to a home around 1:35 p.m. Sunday in Hallandale Beach, about 20 miles north of Miami, Hallandale Beach police said.
The heat index – what the temperature it feels like with humidity – soared to 101 degrees on Sunday in Hallandale Beach.
The 2-year-old was taken to a hospital and later declared dead, authorities said.
It’s not clear how long she was in the car. Police said prosecutors are reviewing the case and “no charging decision has been made at this time.”
“This is a heartbreaking loss, and our thoughts are with the child’s family, and everyone affected by this tragedy,” the Hallandale Beach Police Department said in a statement. “We also want to use this moment to remind every parent, guardian, and caregiver in our community: Always check the back seat before locking your vehicle and walking away.”
This is at least the 10th child to die in a hot car in the U.S. this year, according to national nonprofit KidsAndCars.org. Last year, at least 37 children died in hot cars across the country, KidsAndCars.org said.
Click here for what to know to keep your children safe from hot car dangers.
: President of Ukraine, Volodymyr Zelenskyy, during the NATO Summit at the ATO Congresium on July 7, 2026 in Ankara, Turkey. (Photo by Serdar Ozsoy/Getty Images)
(LONDON) — Ukraine launched more than 400 drones into Russia overnight in its latest wave of long-range strikes, according to authorities in Moscow, and as Ukrainian President Volodymyr Zelenskyy vowed to expand such attacks as a means to pressure Russian President Vladimir Putin to end Moscow’s full-scale invasion of its neighbor.
Russia’s Defense Ministry said its forces downed at least 452 Ukrainian drones overnight. The craft, the ministry said on Telegram, were intercepted over 16 Russian regions — including Moscow — plus over Russian-occupied Crimea, as well as over both the Azov and Black seas.
At least 43 drones were downed while flying toward Moscow, the city’s Mayor Sergey Sobyanin said in a series of posts to Telegram.
Russia’s federal air transport agency, Rosaviatsiya, said in posts to Telegram that temporary flight restrictions were introduced at airports in Sochi, Krasnodar, Kaluga, Saratov, Penza, Nizhny Novgorod, Yaroslavl and Cheboksary.
All four of Moscow’s international airports — Vnukovo, Sheremetyevo, Domodedovo and Zhukovsky — were also put under flight restrictions during the overnight attacks.
Zelenskyy said in posts to social media that Kyiv’s long-range strike campaign into Russia — the scale and intensity of which has been steadily increasing during the course of Moscow’s full-scale invasion of its neighbor — would evolve further.
“When our deep strikes were not reaching Moscow and St. Petersburg, Putin did not think much about it. He understood that the war was far from the Kremlin. Of course, once he feels what is happening in Moscow, he will begin to understand what is happening in the Kursk, Belgorod, and Bryansk regions. He’ll begin to grasp the reality of the situation,” Zelenskyy said, referring to Russian border regions which regularly come under Ukrainian attack.
“When not one hundred drones but a thousand start reaching Moscow, and when he feels it and sees it, he will be advised to move somewhere beyond the Urals. That will be a moment that opens a new chapter on the path toward ending the war. The farther Putin is from Moscow, the closer the end of the war and peace will be,” Zelenskyy added.
The Ukrainian leader also suggested that Kyiv’s expanding drone attacks would unsettle Russian elites, further undermining Putin’s Kremlin.
“He fears for his life,” Zelenskyy said of the Russian leader. “And then there are the elites. Where do the Russian elites live? Moscow and St. Petersburg — the two major cities. Those places will be reached, because that is where they make the decisions to kill us.”
“That is why deep strikes have had, and continue to have, a major impact. We must keep working on this,” Zelenskyy wrote.
Russia continued its own long-range strike campaign into Ukraine on Monday night into Tuesday. Ukraine’s air force said Russia launched 123 drones into the country in its latest wave, of which 108 drones were shot down or suppressed. Twelve drones impacted across 10 locations, the air force said.
Those attacks followed a series of missile and drone strikes on Ukraine on Sunday night and early on Monday morning, in which at least 22 people were killed in the capital Kyiv and in the surrounding region, according to Ukrainian officials.
A burnt-out van is covered in crime-scene tape where a series of explosions occurred on July 7, 2026 in Damascus, Syria.. (Photo by Ali Haj Suleiman/Getty Images)
(LONDON) — At least two explosions were reported in the Syrian capital of Damascus on Tuesday, Syrian state media said, as French President Emmanuel Macron was visiting the city to meet with the country’s President Ahmed al-Sharaa.
The Syrian Arab News Agency said that the explosions occurred near the Ministry of Tourism building and that at least 18 people — including four security personnel — were injured.
Syrian authorities did not immediately comment on the report. The cause of the explosions was not immediately clear.
Writing on X after the explosions but without explicitly mentioning the blasts, Macron said, “Nothing can smother the aspiration of Syrian women and men to live in a fully sovereign, safe, pluralistic and united Syria. This morning I met Syria in all its diversity. I saw dignity, courage and determination. My visit continues.”
Macron is the first major Western leader to visit Syria since the fall of former President Bashar al-Assad in December 2024. Assad was forced to flee the country after government forces collapsed in the face of a surprise offensive launched by a coalition of rebel groups, led by Sharaa’s Hayat Tahrir al-Sham.
Macron arrived in Damascus on Monday. “I have come to express France’s commitment to the Syrian people. For a sovereign Syria, united in its diversity and at peace with its neighbors. Together, let us open a new chapter of stability and peace,” he wrote in a post to X.
Last week, a device exploded in a cafe near the Justice Palace in Damascus, killing at least 10 people and wounding 20.
This is a developing story. Please check back for updates.
ABC News’ Joe Simonetti contributed to this report.
Illustration of Legionella pneumophila bacteria (Roger Harriss/Science Photo Library/Getty Images)
(NEW YORK) — Health officials in New York City said they are investigating a cluster of Legionnaires’ disease.
As of July 6, 23 cases of Legionnaires’ disease have been confirmed in two of Manhattan’s Upper East Side neighborhoods, according to the New York City Department of Health. So far, no deaths have been associated with the cluster.
In a notice to the two neighborhoods — Carnegie Hill and Yorkville — the department said it believes the likely source of the bacteria is a cooling tower in the area, which sprays a mist that contains the bacteria.
The health department said there is no issue with any building’s plumbing system and that residents in the affected areas can continue to drink tap water, bathe, shower, cook and use their air conditioners.
“All cooling towers in [the] area are being sampled and tested in the NYC Public Health Lab,” Mark Levine, the city’s comptroller, wrote in a post on X on Sunday evening. “It unfortunately takes several weeks for cultures to grow.”
Legionnaires’ disease is a severe form of pneumonia caused by inhaling the Legionella bacteria in small droplets of water mixed in the air or contaminated water accidentally going into the lungs.
The bacteria are found naturally in freshwater but amounts generally don’t lead to disease. The bacteria typically grow best in warm water and in warm to hot temperatures, according to the Centers for Disease Control and Prevention (CDC).
The disease does not generally spread from person to person, but infections can occur if the bacteria get into a building’s water supply, including in shower heads, sink faucets, hot water tanks, heaters, cooling towers and other plumbing systems.
Legionnaires’ disease has increased in prevalence over the last decade, reaching a peak of 2.71 cases per 100,000 in 2018, the CDC said. Cases dropped during the first year of the COVID-19 pandemic and then rebounded in 2021.
Although most people recover from Legionnaires’ disease with antibiotics, certain patients — including those who are immunocompromised or who suffer from chronic lung diseases — can develop complications that can be fatal.
About one out of every 10 people who develop Legionnaires’ disease will die due to complications, according to the CDC. Among those who develop Legionnaires’ disease during a stay in a healthcare facility, about one out of every four people will die, the federal health agency added.
The NYC health department said anyone who lives or works in the affected areas — or has visited since late June — and is experiencing flu-like symptoms should contact a healthcare provider immediately. The ZIP codes for the areas are 10028, 10128, and 10075.
(MAINE) — Maine Democratic Senate candidate Graham Platner on Monday pushed back on an allegation of sexual assault, calling it “categorically false,” adding that he is “taking the time to reflect on the best path forward.”
In a report from Politico published on Monday, Jenny Racicot, a former girlfriend, alleged that Platner, while they were dating five years ago, forced her into having sex without her consent after she had repeatedly called for him to stop.
ABC News has not confirmed the contents of the Politico story.
This is a developing story. Please check back for updates.
President Donald Trump walks over to Marine One after landing in Air Force One on July 03, 2026 at Ellsworth Air Force Base, South Dakota. (Chip Somodevilla/Getty Images)
(WASHINGTON) — President Donald Trump confirmed on Monday that he is constructing a granite helipad for Marine One on the White House South Lawn, and said it will be paid for by Sikorsky Aircraft, a subsidiary of Lockheed Martin, which makes helicopters that transport the president.
“So, now we’re building a helipad, a beautiful helipad, and it’s got the seal of the White House on it, in granite, in carved granite. It’s really a beautiful thing,” Trump said while taking reporter questions at an event in the Oval Office.
Trump said Sikorsky would pay for the construction.
“It’s about $5 or $6 million. They’re paying the full cost,” the president said.
A Lockheed Martin spokesperson, in a statement provided to ABC News, said the company “has a long history of supporting projects” in Washington, D.C., and across the country.
“This specific contribution was made to the Trust for the National Mall, the National Park Service’s non-profit organization,” the spokesperson said. “Our engagement with the federal government is guided by rigorous ethics and compliance standards and conducted in full accordance with all applicable laws and regulations.”
Lockheed Martin delivered a new fleet of Sikorsky helicopters to the Air Force in 2024, but the White House has had to keep using an older fleet for South Lawn departures and arrivals because they burn the grass. Trump on Monday said the helicopters not only singed the grass but also “ripped it out.”
The newer helicopters have been used when the president is away on travel.
A spokesperson for Sikorsky said in a statement that the new helicopter, a VH‑92A Patriot, “is a recognizable patriotic asset known around the globe for safety, security and reliability.”
The U.S. Navy awarded Sikorsky Aircraft a $1.24 billion contract to replace the Marine One helicopter fleet. The deal was agreed to under President Barack Obama’s administration.
“It brings increased capabilities for the no‑fail mission supporting the Commander‑in‑Chief around the world. The helicopter delivers increased performance and reduced maintenance costs and time over the current fleet of presidential helicopters,” the Sikorsky spokesperson said.
The helipad will be Trump’s latest construction project at the White House.
The East Wing was demolished last year to make way for construction of Trump’s massive White House ballroom. The ballroom addition has sparked numerous legal challenges.
Trump installed plaques underneath portraits of presidents at the White House — dubbed the “Presidential Walk of Fame” — along the West Wing Colonnade.
He also paved over the grass at the White House Rose Garden to create a patio with tables, and installed two massive flagpoles on the North and South lawns. More recently, scaffolding was erected for restoration work on the building’s stone columns.
Trump commented on the work while hosting a lunch at the new Rose Garden Club.
“A lot of love is being put in the White House,” the president said.
ABC News’ Alexandra Hutzler contributed to this report.
The flooded interior at a BJ’s Wholesale Club is seen following a partial roof collapse at the store in Ocean Township, New Jersey, July 6, 2026. (Monmouth County Sheriff’s Office)
(OCEAN TOWNSHIP, N.J.) — The roof of a BJ’s Wholesale Club in New Jersey partially collapsed during heavy rain on Monday, temporarily entrapping two people who were able to safely escape, authorities said.
No injuries have been reported following the incident at the big-box store in Ocean Township, authorities said.
Video from the store’s security camera captured the collapse, showing a portion of the roof fall near the bakery section as a deluge of water flooded the interior. Local officials have confirmed they are looking at the video as part of an investigation into the incident.
Multiple agencies responded to the store around 11:16 a.m. ET following reports of the partial roof collapse, authorities said. There were 27 people inside the store at the time, including two who became partially entrapped but were able to free themselves and safely leave, according to local authorities.
First responders conducted a “comprehensive search” of the building, and a drone and K-9 teams were also involved in the search effort to ensure no one remained inside, the Monmouth County Sheriff’s Office and Ocean Township Police Department said in a joint statement.
The collapse occurred as heavy rain pummeled the area, resulting in “extreme flooding,” the sheriff’s office said. Up to six inches of rain was reported in the area over the past 24 hours, with most of the rain falling since early Monday morning.
“This incident is another reminder of how quickly severe weather can create dangerous and unpredictable conditions,” Monmouth County Sheriff Shaun Golden said in a statement about the collapse. “We commend all first responders who worked with urgency under challenging circumstances. Despite the ongoing flooding and severe weather affecting our communities, all worked seamlessly together to ensure everyone was safely accounted for.”
ABC News has reached out to BJ’s Wholesale Club for comment.
Monmouth County Board of County Commissioners Director Thomas Arnone commended the “swift response” by agencies in the incident while urging residents to stay alert for updates regarding flash flooding and other storm-related damage in the area.
The heavy rain that was occurring at the time of the roof collapse has since ended, though additional rounds of rain are possible through the evening hours.
A flood watch remains in effect until 8 p.m. ET Monday in Monmouth County, according to the National Weather Service.
Cyclospora cayetanensis is a unicellular parasite that causes an intestinal infection called cyclosporiasis. (CDC)
(DETROIT) — Cases of a parasitic infection are continuing to rise in at least two states, local health officials said.
As of July 6, nearly 700 cases of cyclosporiasis, an intestinal infection, were confirmed, an official from the Michigan Department of Health and Human Services (MDHHS) told ABC News on Monday. This is an increase from the roughly 300 cases reported on Thursday.
The 678 cases have predominantly been confirmed the southeast region of Michigan including Wayne County, where Detroit is located.
Typically, the state has 50 cases per year, meaning cases are currently about 13.5 times higher than on average.
Dr. Natasha Bagdasarian, an infectious disease physician, epidemiologist and the chief medical executive for the state of Michigan, described the 678 figure as a “moving target,” meaning that cases are likely to continue rising.
“There is a significant lag time between exposure to contaminated produce or contaminated materials and development of symptoms,” she told ABC News. “So it can take a week, sometimes even two weeks between exposure and development of symptoms.”
She added that there may be some infected individuals who are only now reading news reports and getting tested, so there may be even more delayed diagnoses.
Additionally, in Ohio, there were 177 cases of cyclosporiasis as of July 2, Ken Gordon, press secretary for the Ohio Department of Health’s communications office, confirmed to ABC News.
Cases have been confirmed across 43 counties in Ohio so far this year, according to Gordon. Most of those cases — 171 — were reported since June 20.
Meanwhile, the Centers for Disease Control and Prevention (CDC) reports 145 cases have been detected in 17 states since May 1, excluding Michigan, as of June 16, with at least 20 people hospitalized. No deaths have been reported.
The CDC said cases ranged between age 5 and 86, with a median age of 42, and 61% were female.
So far, no cases have been linked between states and health officials are still investigating if there is a common source of the outbreak in Michigan.
The parasite usually spreads through food or water contaminated with feces, according to the CDC.
Foodborne outbreaks of cyclosporiasis have been linked to various types of imported fresh produce, such as raspberries, basil, snow peas, mesclun lettuce and cilantro, according to the CDC. The agency further said it takes about one week from the time of infection to become symptomatic, but that time can range from two days to two weeks.
Bagdasarian said MDHHS’s working hypothesis is that the outbreak is linked to contaminated produce, but it’s unclear which produce, how long it has been on the shelf or where it’s been distributed.
“We are making sure that we’re issuing guidance to the public as well as to restaurants and commercial kitchens so that folks know the safest way to eat produce right now,” she said. “If folks are making the switch and consuming all of these products as safely as possible, that could mean that we are still seeing cases where people were exposed.”
Some patients do not experience any symptoms but, for those who do, the most common symptom is “explosive watery diarrhea,” doctors previously told ABC News. Other symptoms can include cramping, bloating, low-grade fever, nausea and vomiting, the doctors said.
Since cyclosporiasis symptoms can resemble other illnesses, it may be hard for a patient to determine what they are infected with.
While a traditional stomach bug will have symptoms that typically disappear within 24 to 48 hours, cyclosporiasis symptoms may last for days or even weeks, Bagdasarian noted.
“If you believe that you could have cyclosporiasis, it’s really important to see your healthcare provider and to mention cyclosporiasis, just in case they haven’t heard about this outbreak happening right now, and ask for stool testing, because not all stool testing routinely will include cyclosporiasis,” she said.
The CDC said the infection is very unlikely to spread from person to person because it takes at least one to two weeks outside the body for the parasite to become infectious after someone passes a bowel movement.
Local and federal authorities are working to find the cause of cases in various states and to see if there are any connections. So far none have been identified.
Cyclosporiasis is treated with the oral antibiotic trimethoprim-sulfamethoxazole (TMP-SMX), commonly sold as Bactrim, Septra and Cotrim, taken for 10 days, according to the CDC.
The CDC recommends that people can prevent infection by thoroughly washing produce, cutting away bruised or damaged parts of fruits and vegetables and refrigerating pre-prepared or pre-cut produce.
“Grabbing a scrub brush can also be helpful,” Dr. Darien Sutton, an emergency medicine physician and ABC News medical correspondent, said on “Good Morning America Weekend” on Sunday. “And an important note here, this type of parasite doesn’t easily go away with alcohol-based hand sanitizer. So, good old handwashing is really key here.”
ABC News’ Megan Fahrney contributed to this report.
