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…
Dubai, UAE – November 2, 2014: Aerial view of the Dubai coastline with the Burj Al Arab hotel in front of the coastline. Is visible in the background the Dubai downtown skyline with the Burj Khalifa. Franckreporter | Istock Unreleased | Getty Images The United Arab Emirates said on Saturday that media reports it has…
Beechcraft King Air turboprop aircraft are seen on the assembly line at the Textron Aviation Inc. production facility in Wichita, Kansas, on Thursday, June 7, 2018. Luke Sharett | Bloomberg | Getty Images Is there anything flashier than the SpaceX IPO? Sure, who doesn’t like going to the moon and beyond? But if you’re looking…
Elon Musk is photographed at SpaceX in Brownsville, Texas. Marvin Joseph | The Washington Post | Getty Images The SpaceX initial public offering on Friday is poised to be the biggest ever — and is generating a lot of buzz. But IPOs can carry dangers for the average investor, according to finance experts. Follow CNBC’s…
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…
A photo shows a poster depicting U.S. President Donald Trump, Russian President Vladimir Putin and Chinese President Xi Jinping and reading “Breaking with Europe now of all times? NO on the SVP-Chaos-Initiative” in Thayngen, northern Switzerland, on June 1, 2026. Sebastien Bozon | Afp | Getty Images Switzerland, a wealthy country that has historically embraced…
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…
