SpaceX plans to raise up to $75bn (£56bn) when it goes public this month – putting Elon Musk on course to become the world’s first trillionaire.

Actor Shia LaBeouf has pleaded guilty to three counts of simple battery and was sentenced to probation for punching people outside a New Orleans bar in February during the Mardi Gras festival.

A man who took 10 people hostage in California has been shot dead after a standoff lasting more than 15 hours.