Thousands of families in Southern California's Simi Valley fled their homes on Monday, as crews raced to contain the fast-burning Sandy Fire, which has already scorched more than 1,300 acres, with strong Santa Ana winds threatening to make the fires worse Also, the World Health Organization says it is deeply concerned about a rapidly spreading Ebola virus outbreak, with over 500 suspected cases and more than 130 deaths in the Democratic Republic of Congo and Uganda. And in the first game of the NBA Western Conference Finals, the San Antonio Spurs beat the Oklahoma City Thunder in a double-overtime battle. Meanwhile, another battle is taking shape as the New York Knicks gear up to host the first game of the Eastern Conference Finals against the Cleveland Cavaliers on Tuesday night. Read more at https://www.latimes.com/

SpaceX, Elon Musk's rocket and space company is preparing to go public next month in what could become the biggest IPO to hit Wall Street. New filings reveal a sky-high projection that values the company at just over $1 trillion and estimates the offering could raise between $50 and $75 billion when shares hit the market in June. If it does, the SpaceX IPO would shatter the current record held by Saudi Aramco or the Saudi Arabian Oil Company, which raised about $26 billion in 2019. Meanwhile, James Murdoch is buying half of Vox Media for more than $300 million, with the deal including their podcast network, Vox.com, and New York Magazine. And tonight will be the final night of “The Late Show With Stephen Colbert.” In 2015, Colbert took over from David Letterman, the first and only host of CBS's “The Late Show,” and for most of Colbert’s time with the show, he was the highest-rated late-night host.

In Beijing, China, thousands of people lined the streets hoping to catch a glimpse of President Trump as he arrived in China for his first visit in nearly a decade, setting the stage for a summit with Chinese President Xi Jinping. Trump invited 17 of the world's biggest financial leaders to join him on the trip, including Tesla's Elon Musk, Apple's Tim Cook, and Nvidia's Jensen Huang, with the White House pushing for new deals that could boost American agriculture and aircraft sales and establish a board of trade to help avoid another full-scale tariff war. Meanwhile, the former mayor of Arcadia, California, Eileen Wang, will plead guilty to acting as an illegal foreign agent of the Chinese government, a charge that has a maximum sentence of 10 years in prison. And, former NBA center Jason Collins has passed away at 47 years old after fighting glioblastoma, one of the deadliest forms of brain cancer. Collins was seen as a trailblazer, as the first openly gay player in any of America's major sports leagues. Read more at https://www.latimes.com