President Donald Trump has warned France must scrap a 3% tech “sales tax” or face 100% tariffs on U.S. imports of its wines and champagne, the NY Post reported Monday. The president issued the threat ahead of this week’s G7 summit in Évian-les-Bains, France. “I asked [President Macron] not to charge American companies, and if…
SpaceX founder Elon Musk jumps for joy at a gathering after NASA commercial crew astronauts Doug Hurley and Bob Behnken blast off aboard the SpaceX Falcon 9 rocket, bound for the International Space Station, in Cape Canaveral, Florida, on May 30, 2020. Jonathan Newton | The Washington Post | Getty Images In Elon Musk’s telling…
President Donald Trump is set to head to France for the annual summit of the Group of Seven nations, with the U.S. and Iran yet to finalize an anticipated deal to end the Middle East war that has stirred political and economic strife around the world. The three-day G7 summit, which starts Monday, is taking…
A year after spending over $14 billion to bring in Alexandr Wang and a group of his top Scale AI engineers to revamp its artificial intelligence efforts, Meta is at least back on the map in AI, though it’s still far behind OpenAI, Anthropic and Google in the market. Wang’s big accomplishment was the delivery…
BECKY QUICK: You’re taking me literally and stepping away from the real story here, which is kind of this war of words between you and Charlie and Elon. And I just want — do you even know Elon Musk? WARREN BUFFETT: I’ve never said anything to anyone about Elon. I mean, you know — you’re…
Wall Street exhaled on Friday after SpaceX nailed its record-breaking debut. The success wiped away a week of anxiety over whether the market had the appetite to digest the biggest initial public offering in history. SpaceX closed up 19% at nearly $161 per share for a market value of more than $2.1 trillion, making it…
A video displays Elon Musk, founder of SpaceX, after the company’s initial public offering at the Nasdaq MarketSite in New York on June 12, 2026. Michael Nagle | Bloomberg | Getty Images Shortly before the opening of Nasdaq trading on Friday, Elon Musk stepped in front of a cheerful crowd at SpaceX’s company town in…
SpaceX Executives ring the Closing Bell at the Nasdaq on the debut of their IPO on June 12th, 2026. Adam Jeffery | CNBC Investors were hard pressed to find critical things to say about the SpaceX initial public offering on its first day of trading on the Nasdaq Friday. Despite a large retail allocation and…
SpaceX didn’t just rewrite the playbook for aerospace and defense, it helped birth a new space economy. Now Elon Musk’s company is tackling a different type of moonshot: going public. “I wasn’t sure we would go public,” SpaceX Chief Operating Officer Gwynne Shotwell told CNBC in an exclusive interview, just before the company started its…
Gwynne Shotwell, SpaceX’s president and chief operating officer, interviews with CNBC during the company’s IPO at the Nasdaq MarketSite in New York City on June 12, 2026. Adam Jeffery | CNBC As SpaceX was poised to hit the Nasdaq following the largest initial public offering on record, Elon Musk’s second-in-command, Gwynne Shotwell, didn’t dismiss the…
