Reports say space exploration company has begun talks about stock market listing that could raise more than $25bn

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Elon Musk’s space exploration company SpaceX is preparing to list on the stock market next year in a move that could raise more than $25bn (£19bn) and value the business at more than $1tn, according to reports.

SpaceX, which designs, builds and launches rockets, is said to have started discussions with banks about an initial public offering (IPO). It could join the stock market in about June or July, according Reuters, which cited an unnamed source familiar with the matter.

European Commission to assess whether Gemini owner is putting rival companies at a disadvantage

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The EU has opened an investigation to assess whether Google is breaching European competition rules in its use of online content from publishers and YouTube creators for artificial intelligence.

The European Commission said on Tuesday it would examine whether the US tech company, which runs the Gemini AI model and is owned by Alphabet, was putting rival AI owners at a “disadvantage”.

Supermarkets investing heavily in promotional deals to pull in customers, Worldpanel finds

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The festive season may be less merry for those with a sweet tooth this year, as the price of chocolate has risen by nearly a fifth, according to research.

Chocolate prices in Great Britain rose 18.4% on a year earlier in November, analysts at the market research firm Worldpanel found.

President vows to get involved in controversial takeover described as ‘unprecedented’ by ex-chair of regulator

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• Analysis: Netflix inks deal for troubled Hollywood giant

Donald Trump has warned of potential competition problems over Netflix’s $83bn (£62bn) deal to buy Warner Brothers’ movie studio and streaming networks.

The US president, speaking at an event in Washington DC on Sunday, confirmed he would be involved in deciding whether the government approved the takeover.