SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing…
When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil. In August, Apple vowed to do just that. During the same Oval Office press conference where President Donald Trump announced a 100% tariff on chips from companies…
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in embattle chipmaker Intel, the Trump administration’s…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet shares rose on a Friday report that Apple is in early discussions to use Google’s Gemini AI models for an updated version of the iPhone…
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The…
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is planning to use its annual Connect conference next month to announce a deeper push into smart glasses, including the launch of the company’s…
Omar Marques | Lightrocket | Getty Images The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second-largest cryptocurrency was last higher by nearly 14% at $4,817.61, according to Coin Metrics. Last week, ether nearly touched its…
Overall view of Truist Park in the fifth inning during game two of a double header between the Atlanta Braves and the Miami Marlins on August 9, 2025 in Atlanta, Georgia. Matthew Grimes Jr. | Atlanta Braves | Getty Images Major League Baseball is nearing a finalized agreement with Disney‘s ESPN, Comcast‘s NBC Sports and…
Kimbal Musk, the younger brother of the world’s wealthiest person, said Elon Musk “deserves to be paid,” as Tesla remains locked in a legal saga over its CEO’s pay package. “I think my brother deserves to be paid,” Kimbal Musk said on CNBC’s “Squawk Box” on Friday. “He has zero pay for the past six…
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025.Ā Smith Collection/gado | Archive Photos | Getty Images Waymo is getting one step closer to rides in New York City. The Alphabet autonomous vehicle subsidiary received its first permit from the New…
