Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8507 stories- Business· World
SpaceX faces investor scrutiny over governance while securing investment-grade credit ratings
SpaceX is currently under scrutiny from sustainability-focused funds due to governance issues linked to Elon Musk's control through super voting shares. This scrutiny is heightened as the company secures investment-grade credit ratings, which could lower its funding costs ahead of an initial public offering. The long-term implication is that SpaceX must address these governance concerns to maintain investor confidence and successfully navigate its IPO plans.
4 sourcesJun 13Low
- Business· World
SpaceX IPO oversubscribed four times triggering liquidity squeeze in tech and crypto markets
SpaceX's IPO has become nearly four times oversubscribed, significantly impacting the broader tech and cryptocurrency markets. This surge in demand has led to a liquidity squeeze as investors adjust their positions in response to the new market dynamics. In the long term, the performance of SpaceX's stock post-IPO is likely to influence trends in related sectors, potentially leading to increased volatility.
3 sourcesJun 13Low
- Business· World
SpaceX IPO Raises $75 Billion and Transforms Space Industry Investment Landscape
SpaceX's IPO on June 12, 2026, raised approximately $75 billion, marking a pivotal moment for the space industry. This surge in capital is driven by the company's unprecedented valuation of $1.77 trillion, which has sparked renewed investor interest in space-related ventures. The long-term implication is a likely shift towards mainstream acceptance of space as a viable investment category, potentially unlocking billions in previously inaccessible funding for the sector.
13 sourcesJun 13Low
- Business· World
Former Air Canada pilot charged with fraud for flying without captain's license for 17 years
A former Air Canada pilot has been charged with fraud after allegedly operating over 900 flights without the required captain's license. This charge comes in the wake of an investigation that revealed the pilot's lack of proper credentials only after his retirement in 2025. The incident raises significant concerns about aviation safety regulations and may lead to a reevaluation of licensing practices in the industry.
5 sourcesJun 13Low
- Business· World
Kalshi mandates employer disclosures to enhance market integrity
Kalshi has implemented mandatory employer disclosures for users to combat insider trading and market manipulation. This decision follows a surge in investigations and blocked insider trading attempts, reflecting the platform's commitment to transparency. The long-term implication may lead to increased regulatory scrutiny and set a precedent for similar platforms in the prediction market space.
5 sourcesJun 13Low
- Business· World
WH Smith raises £102 million amid profit warning linked to Middle East conflict
WH Smith has issued a profit warning and raised £102 million in capital due to declining sales attributed to the ongoing conflict in the Middle East. The immediate cause of this financial distress is a significant drop in shopper numbers at its airport stores, particularly in the US. Long-term, the company plans to close unprofitable locations and restructure its operations to stabilize its finances as it navigates the uncertain retail landscape affected by geopolitical tensions.
5 sourcesJun 13Low
- Economy· World
U.S.-Israeli military actions against Iran escalate fuel prices and inflation
The U.S.-Israeli military strikes on Iran have resulted in a significant rise in fuel prices and inflationary pressures within the last 48 hours. This escalation is driven by fears of supply disruptions in the Middle East as oil reserves dwindle. Long-term implications include potential further instability in global markets and increased inflationary challenges for economies worldwide.
5 sourcesJun 13Low
- Economy· World
Majority of Americans Express Concern Over AI Job Losses
A recent poll indicates that 53% of Americans fear artificial intelligence could lead to job losses in their households. This heightened anxiety is particularly pronounced among Democrats, reflecting a growing wariness about the rapid advancement of AI technologies. As AI continues to evolve, public apprehension about its implications for employment will likely influence future policy discussions.
5 sourcesJun 13Low
- Economy· MENA
Saudi Arabia Lifts Five-Year Ban on Lebanese Imports
Saudi Arabia has announced the resumption of imports from Lebanon after a five-year ban, a decision welcomed by Lebanese officials. This shift is attributed to positive developments in Lebanon's governance and efforts to address issues related to non-state armed groups. The long-term implication is a potential revitalization of the Lebanese economy and improved trade relations with Gulf countries.
7 sourcesJun 13Low
- Economy· World
Majority of Americans Express Fear of AI-Induced Job Losses
A recent Reuters/Ipsos poll indicates that 53% of Americans are concerned about potential job losses due to artificial intelligence. This anxiety is driven by the increasing adoption of AI technologies in various sectors, which has led to significant workforce reductions. In the long term, these fears may prompt calls for regulatory measures to address the societal implications of AI and protect employment.
9 sourcesJun 13Moderate
- Economy· World
US inflation reaches three-year high of 4.2% amid Middle East conflicts
US inflation has surged to 4.2% in May, marking the highest rate in three years. This increase is primarily driven by rising prices linked to ongoing geopolitical tensions, particularly the conflict involving Iran. The long-term implication suggests that continued inflationary pressures may prompt government interventions and influence consumer behavior in the coming months.
3 sourcesJun 13Moderate
- Business· World
Solar power surpasses coal in U.S. electricity generation for the first time
In May 2026, solar energy generated 12.8% of U.S. electricity, exceeding coal's 12.2%. This shift is driven by the ongoing transition towards renewable energy sources, despite political efforts to support coal. The long-term implication is a continued reshaping of the U.S. energy market towards cleaner alternatives, potentially reducing coal dependency further.
4 sourcesJun 13Moderate
- Business· World
Elon Musk poised to become world's first trillionaire with SpaceX IPO
Elon Musk's net worth is projected to exceed $1 trillion following the anticipated IPO of SpaceX. This significant financial shift is occurring as Musk's wealth rebounds from a recent decline linked to Tesla's stock performance. The long-term implication suggests a potential transformation in economic paradigms influenced by advancements in artificial intelligence and Musk's vision for the future of money.
5 sourcesJun 13Low
- Business· World
SpaceX completes record-breaking IPO raising $75 billion
On June 12, 2026, SpaceX launched its initial public offering (IPO), raising $75 billion and achieving a valuation of approximately $1.77 trillion. This unprecedented IPO is driven by a combination of SpaceX's successful ventures and a significant influx of retail investors despite the company's reported losses. The long-term implication may redefine expectations for governance structures in public companies, particularly those led by visionary founders like Elon Musk.
113 sourcesJun 13Very High
- Business· World
SpaceX launches IPO amid concerns over financial viability
On June 12, 2026, SpaceX launched its initial public offering (IPO) at $135 per share, achieving a market valuation exceeding $1.75 trillion. The immediate trigger for this event is the company's significant anticipation driven by its reputation and Elon Musk's public persona, despite substantial net losses and high debt levels. Long-term implications suggest that while early private investors may benefit, public investors are likely to face challenges in achieving similar returns due to the company's questionable financial fundamentals.
34 sourcesJun 13Low
- Economy· World
US dollar retreats from two-month high amid easing Middle East tensions
The US dollar declined from its highest level in two months as geopolitical tensions subsided. This shift is occurring now due to a reduction in uncertainties in the Middle East that had previously bolstered the dollar's value. Long-term, the dollar's performance will likely continue to be influenced by ongoing geopolitical developments and market sentiment.
3 sourcesJun 12Low
- Economy· UAE
UAE expands VAT refund scheme for Emiratis building new homes effective January 2026
The UAE is expanding VAT refunds for citizens constructing new homes starting in January 2026. This initiative is part of the UAE's efforts to support citizens in home ownership and alleviate financial pressures. The expansion is likely to stimulate the housing market and encourage more Emiratis to invest in property, contributing to the overall economic growth of the UAE.
3 sourcesJun 12Low
- Business· UAE
Visa study reveals 46% of UAE consumers targeted by financial scams amid rising AI usage in online shopping
A Visa study highlights that 46% of UAE consumers have experienced financial scams in the past year, coinciding with an 85% increase in AI tool usage for online shopping. This surge in AI adoption is raising concerns about digital security and consumer trust, particularly as social media emerges as a common platform for scams. The long-term implication is a pressing need for banks and financial institutions to enhance fraud prevention measures to maintain consumer confidence in digital transactions.
3 sourcesJun 12Low
- Business· UAE
Dubai introduces 48-hour tourist visa processing to boost tourism
Dubai has implemented a new 48-hour processing time for 30 and 60-day tourist visa applications. This initiative is aimed at enhancing the travel experience and attracting more international visitors at this specific moment as the city seeks to revitalize its tourism sector. In the long term, this policy is expected to significantly increase tourist arrivals, positively impacting Dubai's economy and reinforcing its status as a leading global travel destination.
3 sourcesJun 12Low
- Economy· MENA
Saudi Arabia's GDP grows 6.3% in Q1 2026 driven by oil and investment
Saudi Arabia's nominal GDP increased to SR1.274 trillion in the first quarter of 2026, reflecting a year-on-year growth of 6.3%. This growth is primarily attributed to a 12.3% rise in oil activities and a rebound in investment, alongside strong consumer spending. Looking ahead, the continued focus on economic diversification and favorable oil market conditions suggest sustained growth for the Saudi economy in the coming quarters.
4 sourcesJun 12Low