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When rocket company SpaceX filed with regulators to sell shares to the public for the first time, the AP markets team knew the IPO would resonate far ...

When SpaceX went public on June 12 and Elon Musk became the world's first trillionaire on paper, the predictable reactions arrived almost immediately. Some viewed the milestone as a symbol of ...

New York City Mayor Zohran Mamdani used SpaceX's historic IPO — and founder Elon Musk's newly minted status as a trillionaire — to push policy. "Reason #1,000,000,000,000 why we should tax the rich," ...

Elon Musk became the world’s first trillionaire on Friday — reaching a wealth milestone never before achieved in human history. But how much money is $1 trillion? The human brain isn’t built to ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Elon Musk’s long-anticipated SpaceX market debut has pushed him into a ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The company, valued at about $1.77 trillion at its IPO price of $135 ...

The proposed AI satellites are much larger than the current Starlink satellites but are expected to be less complex. Demonstration launches for the AI satellites could begin by late 2027, with ...

Jimmy Kimmel won't be hitting up Elon Musk for spare cash any time soon. The outspoken late-night host criticized the SpaceX founder and controversial tech magnate as his company enters the stock ...

Elon Musk is officially the world’s first trillionaire after his SpaceX tech company debuted Friday at $150/share, 11% higher than the company’s IPO pricing. SpaceX — rocket manufacturer, satellite ...

Elon Musk is officially the world’s first trillionaire after his company, SpaceX, went public Friday. Musk, who founded SpaceX in 2002, was already the world’s richest person before the IPO. Prior to ...