Bitcoin has lost nearly half its value since reaching a record high above $123,000 in July 2025. After years of bitcoin rewarding those who held through periods of volatility, the selloff is just the latest test of investors’ mettle. But bitcoin’s recent decline doesn’t appear to reflect a fundamental change in the investment, says Daniel…
SpaceX launches their IPO at the Nasdaq in New York City on June 12, 2026. Adam Jeffery | CNBC There ain’t nothing like the real thing. SpaceX “proxy stocks,” whose options volumes were booming ahead of Friday’s historic initial public offering, are unwinding gains. Some look like they have more potential for a rebound than…
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, is sworn in during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Graeme Sloan | Bloomberg | Getty Images It’s officially “Chairman” Kevin Warsh, not “chair.” The Federal Reserve website…
U.S. Rep. Lisa McClain (R-MI) holds a press conference with House Speaker Mike Johnson (R-LA) and other Republican leadership on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Annabelle Gordon | Reuters Rep. Lisa McClain, one of the House GOP’s top leaders, has a family investment poised to benefit from SpaceX’s record public debut…
Dario Amodei, chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Ruhani Kaur | Bloomberg | Getty Images Anthropic on Friday announced it’s disabled access to its Fable 5 and Mythos 5 artificial intelligence models to comply with an export control directive from the U.S. government…
A customer shops for produce in an H-E-B grocery store in Austin, Texas, May 11, 2026. Brandon Bell | Getty Images Consumer prices rose in May, pushing the annual inflation rate to its highest level in three years, according to new government data. That points to a 4.7% Social Security cost-of-living adjustment for 2027, according…
CNBC’s Jim Cramer said Friday that it’s not too late for investors to buy SpaceX after its blockbuster debut— but only if they’re willing to view the stock as a long-term bet on the future rather than a traditional investment. “Is it too late to get into SpaceX?” the “Mad Money” host said. “If you’re…
SpaceX executives and employees ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX’s initial public offering in New York on June 12, 2026. Adam Jeffery | CNBC Thousands of SpaceX employees who have suddenly become millionaires are redefining the wealth management business with their combined fortunes. As CNBC reported earlier…
Marvin Jung isn’t buying into SpaceX because he thinks it’s a bargain. The 51-year-old regional director of operations in veterinary care believes Elon Musk’s rocket company is coming public at a valuation that is “really, really aggressive.” Yet, he still requested 1,000 shares through Robinhood, betting enthusiasm for one of the world’s most anticipated initial…
Paramount Skydance CEO David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars Palace in Las Vegas, April 16, 2026. Valerie Macon | AFP | Getty Images The U.S. Department of Justice has signed off on Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, a person familiar with…
