Humanoid industrial robot are on display at the humanoid robot data training center in Shougang Park on March 27, 2025 in Beijing, China. VCG | China News Service | Getty Images PARK CITY, Utah — Rivian Automotive CEO RJ Scaringe envisions a day in the not-so-distant future when the electric vehicle maker’s manufacturing employees will…
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…
Pekic | E+ | Getty Images With a bit of strategy, federal student loan borrowers can lower their monthly bills on the U.S. Department of Education’s new repayment plan, coming July 1. Under the Repayment Assistance Plan, or RAP, borrowers pay a higher percentage of their income as their earnings grow. That means that finding…
The most important dates for SpaceX haven’t happened yet, according to TD Securities. Peter Haynes, the firm’s head of index and market structure, suggests SpaceX’s public debut is only a small part of the larger SpaceX timeline. He’s urging investors to pay close attention to when SpaceX is added to key indexes — including the…
US President Donald Trump speaks during a proclamation signing in the Oval Office of the White House in Washington, DC, US, on Thursday, June 11, 2026. Jim Lo Scalzo | Bloomberg | Getty Images President Donald Trump on Saturday said that an agreement to end the war with Iran will be signed on Sunday, followed…
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…
Drugmakers are only months into introducing GLP-1 pills and navigating huge changes in how patients pay for weight-loss drugs. Even so, they’re already outlining their visions for the future of obesity drugs. At the American Diabetes Association’s Scientific Sessions in New Orleans last week, drugmakers pitched doctors and investors on the idea of new shots…
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…
