Elon Musk’s SpaceX Files For Highly Anticipated IPO
Elon Musk’s SpaceX confirmed in a Wednesday filing with the Securities and Exchange Commission it will take the company public, a multi-trillion-dollar move that could potentially turn Musk into the w...
21 Touko 3min
SpaceX Could Face ‘Musk Effect’ With Major Risks After IPO
Details of SpaceX’s IPO are expected to be made public this week as it accelerates plans for a stock debut that will likely make CEO Elon Musk the world’s first trillionaire, but one analyst warned th...
20 Touko 4min
Jury Dismisses Elon Musk's OpenAI Lawsuit Over Missed Deadline, But His Lawyer Promises Appeal
A jury declared Elon Musk filed his lawsuit against OpenAI and Sam Altman too late in a Monday afternoon verdict, finding the defendants not liable for any of the claims and ending a dramatic court sh...
19 Touko 3min
Trump Gets $1.8 Billion Payday With ‘Anti-Weaponization’ Fund As He Drops IRS Case
President Donald Trump voluntarily dropped his $10 billion lawsuit against the IRS on Monday in exchange for a $1.8 billion “anti-weaponization” fund that is expected to pay out money to Jan. 6 rioter...
18 Touko 4min
Iran War Costs Have Increased $4 Billion—Some Estimates Say It’s Closer To $200 Billion
The cost of the Iran war has ballooned $4 billion since the Pentagon’s last public estimate less than two weeks ago, officials said Tuesday—though the economic costs of the war are likely significantl...
15 Touko 3min
From Diet Coke To AI Chips: How The Iran War Is Causing Critical Global Shortages
From snack packaging to AI chips, the Iran War's supply chain blockades are causing severe global shortages across consumer and industrial goods. Calbee, Japan's biggest snack maker, on Tuesday warne...
14 Touko 3min
Nvidia Hits Record $5.5 Trillion Value—First Company To Ever Reach Mark
Nvidia’s value reached the $5.5 trillion mark for the first time Wednesday, again breaking the record for the highest ever market capitalization in the history of publicly traded companies, as its sto...
13 Touko 3min
Trump Reportedly Invites Billionaire Delegation To China For Xi Meeting
President Donald Trump reportedly invited a group of billionaires—worth a combined $870 billion, according to our estimates—to join him on his trip to China this week to meet Chinese President Xi Jinp...
12 Touko 4min
