Business news today spans both market ambition and investor caution. SpaceX is reportedly tempering expectations for its IPO, trimming its target valuation to at least $1.8 trillion from earlier talk of more than $2 trillion, though it could still pursue one of the biggest listings ever with a fundraising goal of up to $75 billion. In digital assets, enthusiasm is proving more selective: U.S. spot Bitcoin ETFs have now logged a ninth straight day of outflows, totaling roughly $2.8 billion, as investors rotate away from the category even as broader risk markets remain firm. More traditional income investors got steadier news, with Vanguard announcing monthly distributions across several bond ETFs, including short-duration and tax-exempt funds. Meanwhile, governance and business politics continue to intersect in Washington, where former Attorney General Pam Bondi’s closed-door House interview over the Epstein files drew scrutiny after reports she declined to answer Trump-related questions.