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SpaceX lines up Starship launch next year as Elon Musk targets $1.5tn IPO

Executives signal mid-2027 debut for rocket that is central to billionaire’s Mars and Moon ambitions

Saudi Arabia also closes an oil refinery after strike

Gold and the US dollar jump but government bonds fall amid fears of an inflation shock

President Emmanuel Macron lays out nuclear doctrine of ‘forward deterrence’

Not if Trump refuses to follow his own administration’s best advice

Although the narrow waterway is easy for Iran to block, playing offence could prevent global economic repercussions

In moments of extreme uncertainty investors usually rush to the safety of US government bonds, but not this time

Take part in a live Ask an Expert Q&A with Gideon Rachman, the FT’s chief foreign affairs columnist, on March 4 at 1pm (GMT)

Shia militant group strikes northern Israel for first time since 2024, triggering retaliatory offensive

Pair team up to purchase power plant operator AES which has struggled on stock market

Companies are taking on huge amounts of debt to fund LLM and data-centre build-outs

Chancellor plans to water down Labour manifesto pledge for same rate for all workers over 18

Front line dispatches

US president says prime minister ‘took far too long’ to allow UK bases to be used for strikes

Gulf company signals French state-backed lender may also take stake in facility once owned by tycoon Sanjeev Gupta

The replacement duties for those ruled illegal by the Supreme Court may be less vulnerable to legal challenge

Mr Tee

FT explains the long history of rivalry between Washington and the Islamic republic

EU regulation to stop the trade in stolen or looted artefacts has become a daily headache for the art market

The world’s most-streamed pop star makes an effortless return with his first solo album for a decade

Seeking clarity on past loves through faith and art, an Irish teacher finds unexpected resolution in Albert Camus

Also in today’s newsletter: Hizbollah targets northern Israel and trade suspended in the Strait of Hormuz

The UK’s exposure surveillance system for this public health menace is reactive — unlike elsewhere

Puzzle: find White’s hidden winner