Governor Gavin Newsom attends the 94th Annual Meeting of the United States Conference of Mayors in Long Beach, California on June 4, 2026. Myraneli Fabian | Anadolu | Getty Images California Gov. Gavin Newsom, who is widely viewed as a 2028 presidential contender, on Friday called for a nationwide tax on billionaires as part of…
SpaceX Executives ring the Closing Bell at the Nasdaq on the debut of their IPO on June 12th, 2026. Adam Jeffery | CNBC Following the astronomical success of the SpaceX IPO — raising $85.7 billion, valuing the newly public company in the trillions, and minting Elon Musk as the world’s first trillionaire — what many…
As last week was coming to an end, the US government Anthropic forced to recall two of its latest modelsFable 5 and Mythos 5, citing national security concerns after Amazon researchers reportedly found a way to bypass Fable 5’s guardrails. Cybersecurity researchers have Since an open letter has been signed Calling the move dangerous, Anthropic…
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…
The first stage of Blue Origin’s New Glenn rocket, named ”Never Tell Me The Odds,” returns to Port Canaveral, United States, on April 19, 2023. The booster is onboard the drone ship Jacklyn, where it landed after a successful launch. This marks the first time Blue Origin is reusing the same first stage. (Photo by…
Mayor Zohran Mamdani, left, and Amazon founder Jeff Bezos. Getty Images (L) | CNBC (R) New York City Mayor Zohran Mamdani fired back on Wednesday at Jeff Bezos after the Amazon founder and executive chairman questioned whether raising taxes on billionaires would do anything to help working-class New Yorkers. “You could double the taxes I pay, and it’s…
Ultrabillionaire Jeff Bezos on Wednesday hyped artificial intelligence, blamed government meddling for economic woes and broadly defended himself and his mega-rich peers in an exclusive interview with CNBC. But the Amazon and Blue Origin founder, in a wide-ranging interview with Andrew Ross Sorkin, initially struck a populist tone, at times sounding more like some progressive…
Amazon executive chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners. The top 1% of taxpayers pay 40% of all the tax revenue, and the bottom half pay 3%, Bezos told CNBC’s Andrew Ross Sorkin on “Squawk Box.” “I don’t think it should be 3%,” Bezos said….
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%…
