Apple CEO Tim Cook laughs with President Donald Trump during a meeting in the White House, Washington, March 6, 2019. Leah Millis | Reuters President Donald Trump praised Tim Cook in a lengthy Truth Social post on Tuesday, calling the outgoing Apple CEO an “incredible guy” and boasting that Cook had appealed to him when…
A Blue Origin New Glenn rocket carrying an AST SpaceMobile Bluebird 7 satellite launches from pad 36 at Cape Canaveral Space Force Station on April 19, 2026 in Cape Canaveral, Florida. Paul Hennesy | Anadolu | Getty Images A failed satellite launch sent of AST SpaceMobile down sharply on Monday. The stock fell nearly 12%…
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy on Thursday released his annual shareholder letter and once again made the case…
A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon has acquired Rivr, a Swiss robotics company developing machines for “doorstep delivery,” the company confirmed Thursday. Terms of the deal weren’t disclosed. Amazon quietly purchased the company earlier this week, but it didn’t publicize…
According to sources, Jeff Bezos is reportedly seeking $100 billion for a new fund that will be used to buy companies in key industrial sectors and eventually modernize and automate them with AI. cited By Wall Street Journal. The effort is related to Bezos’s AI startup, Project Prometheus. Bezos, who was involved with the company…
Dia Dipasupil | Getty Images Entertainment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. America’s top 50 philanthropists gave a whopping $22.4 billion to charity in 2025, according…
China’s space program has hit a number of milestones lately. In 2025, China executed over 90 orbital launches, setting a new national record for orbital launches in a single year. In the last five years, China returned the first samples from the far side of the Moon, completed its own low-earth orbit space station and…
A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Tech billionaire Eric Schmidt’s family office took the top spot in CNBC’s inaugural Inside Wealth Family Office 15 list, which ranks the most active…
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth. Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845 billion, according to Forbes….
A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon’s Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk’s Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on April 9, 2025. Steve Nesius | Reuters Amazon has asked the Federal Communications Commission…
