SpaceX millionaires reinvent wealth management

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…

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Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is ‘stupid’

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…

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Google accuses Chinese cybercrime network of using its AI

Google has filed a lawsuit against a Chinese cybercrime network, alleging hackers are using the company’s Gemini artificial intelligence model and tools to create phishing software to defraud consumers. The lawsuit, filed Friday in the U.S. District Court for the Southern District of New York, alleges that the network created a phishing software called “Outsider”……

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