Fox scores 37 points to lead Spurs past Trail Blazers 115-102 in NBA Cup game

PORTLAND, Ore. (AP) — De’Aaron Fox had 37 points and eight assists as the San Antonio Spurs defeated the Portland Trail Blazers 115-102 on Wednesday night in an NBA Cup group stage game.

Devin Vassell added 23 points for the Spurs, who kept their NBA Cup hopes alive.

Deni Avdija led Portland with 37 points and eight assists.

The Spurs shot 22 of 25 (88%) from the free-throw line, while the Blazers went 19 for 30 (63%). Portland also connected on only 25% of its attempts from behind the 3-point line, while San Antonio finished at 33%.

A layup by Kelly Olynyk put San Antonio up by 11 with 5:23 left before Portland rallied.

A 3-pointer by Toumani Camara cut it to 107-99. After a replay review, Olynyk picked up a clear-path foul, giving the Blazers two free throws and possession. But they failed to take advantage of the opportunity. After being nearly perfect at the line, Avdija missed both foul shots and Portland came up empty.

Avdija was 2 for 8 — including four straight misses — from the free-throw line in the fourth quarter.

A hook shot by Donovan Clingan brought Portland closer at 107-101 with 3:59 left. Fox’s bank shot with 3:22 remaining made it 109-101.

Fox was fouled with 2:52 left and made both free throws to put San Antonio ahead 111-101. Portland turned the ball over on the next possession.

After the Spurs trailed for most of the first half, a 3-pointer by Fox gave them a 56-54 halftime lead.

A key player for each team returned to action.

San Antonio rookie Dylan Harper came back from a calf injury when he entered midway through the first quarter after being out since Nov. 2. Portland’s Shaedon Sharpe made his first appearance since Nov. 18 with 3:43 left in the period.

Sharpe scored 11 points in 18 minutes, and Harper had seven in 16 minutes.

San Antonio visits Denver on Friday night.

Portland hosts Oklahoma City on Sunday afternoon.

AP NBA: https://apnews.com/hub/NBA

San Antonio Spurs guard/forward Devin Vassell (24) drives to the basket past Portland Trail Blazers center Donovan Clingan (23) during the first half of an Emirates NBA Cup basketball game, Wednesday, Nov. 26, 2025, in Portland, Ore. (AP Photo/Ali Gradischer)

Portland Trail Blazers center Donovan Clingan looks up at the scoreboard during the first half of an Emirates NBA Cup basketball game against the San Antonio Spurs, Wednesday, Nov. 26, 2025, in Portland, Ore. (AP Photo/Ali Gradischer)

San Antonio Spurs forward Julian Champagnie (30) gives instructions to his teammates during the first half of an Emirates NBA Cup basketball game against the Portland Trail Blazers, Wednesday, Nov. 26, 2025, in Portland, Ore. (AP Photo/Ali Gradischer)

San Antonio Spurs guard De'Aaron Fox (4) shoots a three point shot over Portland Trail Blazers guard Shaedon Sharpe (17) during the first half of an Emirates NBA Cup basketball game, Wednesday, Nov. 26, 2025, in Portland, Ore. (AP Photo/Ali Gradischer)

NEW YORK (AP) — Elon Musk's space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that would likely rank as the biggest ever and could make its founder the world's first trillionaire.

A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk's ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars.

The sources spoke on condition of anonymity because they were not authorized to talk publicly about the confidential registration with the Securities and Exchange Commission.

SpaceX did not respond immediately to a request for comment.

Exactly how much SpaceX plans to raise has not been disclosed but the figure is reportedly as much as $75 billion. At that level, the offering would easily eclipse the $29 billion that Saudi Aramco raised in its IPO in 2019.

The offering, coming possibly in June, could value all the shares of SpaceX at $1.5 trillion, nearly double what the company was valued in December when some minority owners sold their stakes, according to research firm Pitchbook, before an acquisition that increased its size.

Musk owns 42% of the SpaceX now, according to Pitchbook, though that figure will change with the IPO when new owners are issued shares. In any case, he is likely to pierce the trillion dollar mark because he is already close. Forbes magazine estimates Musk's net worth at roughly $823 billion.

In addition to making reusable rockets to hurl astronauts and hardware into orbit, SpaceX owns Starlink, the world’s largest satellite communications company. The company also recently brought under its roof two other Musk businesses, social media platform X, formerly Twitter, and artificial intelligence business, xAI, in a controversial transaction because both the seller and the buyer were controlled by him.

SpaceX has become the biggest commercial launch company in its industry, responsible for sending payloads into orbit for customers across the globe, but has also benefited from big taxpayer spending. That has raised conflicts of interest issues given that Musk was the biggest donor to President Donald Trump's campaign and is still a big backer.

In the past five years, SpaceX won $6 billion in contracts from NASA, the Defense Department and other U.S. government agencies, according to USAspending.gov.

Among current SpaceX owners is Donald Trump Jr, the president's oldest son. He owns a shares through 1789 Capital. That venture capital firm made him a partner shortly after his father won the presidency for a second time and has been buying up federal contractors seeking to win taxpayer money ever since.

The White House and Trump himself have repeatedly denied there are any conflicts of interest between his role as president and his family's businesses.

FILE - A Falcon 9 SpaceX heavy rocket lifts off from pad 39A at the Kennedy Space Center in Cape Canaveral, Fla., Tuesday, Feb. 6, 2018. (AP Photo/John Raoux, File)

FILE - Elon Musk attends the finals for the NCAA wrestling championship, March 22, 2025, in Philadelphia. (AP Photo/Matt Rourke, File)