The Austin Daily News - May 8, 2026

In this week's issue: SpaceX filing for a June IPO at up to $2 trillion — and viral back-of-envelope math says hundreds of Austin employees are about to get generationally rich An Austin drone-defense startup that kills threats for $10 a pop just saw its valuation jump 14x to $2 billion, and Ted Cruz showed up at their office the day before A man barricaded under Highway 71 throwing debris at cars while SWAT scrambled — welcome to Austin infrastructure hour APD officers reportedly telling a resident not to film an aggressive homeless man yelling death threats, because filming is "provoking" Let's get into it.