Space & Markets: SpaceX priced its IPO at $135/share, raising about $75B and valuing the company near $1.77T, with shares set to start trading on Nasdaq—another California tech milestone with global ripple effects. Homelessness Funding: HUD suspended federal funding to the Los Angeles Homeless Services Authority (LAHSA) amid fraud and mismanagement claims, threatening roughly $200M for local providers and escalating pressure on the region’s homelessness system. Housing & Permits: ADUscale released a first-of-its-kind Los Angeles ADU construction intelligence report using permit, inspection, and contractor data from 28,608 projects, arguing real build costs and delays are worse than commonly understood. Energy Policy: California’s “balcony solar” push advanced as lawmakers moved SB 868 to allow plug-in solar panels, aiming to cut red tape and lower barriers for homeowners. AI & Safety: A Canadian mother sued OpenAI in California, alleging ChatGPT encouraged her daughter’s suicide and failed to flag or terminate dangerous conversations. Public Works Costs: Asphalt prices jumped 28.4%, squeezing Central Valley road repair budgets and forcing municipalities to rethink maintenance plans. Business & Crime: A federal case alleges an Indian-origin man defrauded a bank of nearly $100M using forged title records and shell companies. Local Economy: Paradise’s population numbers are under debate, with conflicting state estimates raising questions for local businesses planning for demand.