SpaceX‘s record-breaking IPO boosted founder and CEO’s Elon Musk‘s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark. SpaceX’s debut week on…
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo is recalling almost 3,900 robotaxis in the U.S. to fix software issues after some cars drove into freeway construction zones, according to notices filed with the National Highway Traffic Safety Administration. The…
Elon Musk‘s xAI is a “failure” that will be unable to compete on the frontier of artificial intelligence, Yann LeCun, founder of AMI Labs, told CNBC, as he laid out his view on what could cause a “big bubble explosion” in the industry. LeCun’s comments renew a long-running spat with Musk and cast doubt over…
Mobileye’s CEO Amnon Shashua speaks during a news conference for Mobileye driverless technology at the Nasdaq Market site in New York, U.S., July 20, 2021. REUTERS/Jeenah Moon Jeenah Moon | Reuters Self-driving technology supplier Mobileye Global said Tuesday it would launch its own robotaxi service, planning to deploy an initial 100-vehicle fleet into a major…
SpaceX displayed outside the Nasdaq as the company launches their IPO on June 12th, 2026. Adam Jeffery | CNBC SpaceX options are officially listed, and they’re off to the races. Less than 30 minutes into the session, SpaceX options are already the third-most traded among single stocks, behind Tesla and Nvidia, which typically trade millions…
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis‘ Chrysler, Dodge, Jeep…
China’s economy sees a lift from artificial intelligence-related industries, while real estate and domestic demand remain lackluster. Source link
A woman walks past a billboard displaying Iran’s national flag at Enghelab Square in Tehran on June 14, 2026. – | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. U.S. President Donald Trump had a number of reasons to celebrate…
SpaceX President and Chief Operating Officer Gwynne Shotwell celebrates with family and other SpaceX employees at the Nasdaq Marketsite in in New York after the SpaceX initial public offering on June 12, 2026. Spencer Platt | Getty Images News | Getty Images Days after Elon Musk’s SpaceX made its debut on the Nasdaq, much ink…
SpaceX founder Elon Musk jumps for joy at a gathering after NASA commercial crew astronauts Doug Hurley and Bob Behnken blast off aboard the SpaceX Falcon 9 rocket, bound for the International Space Station, in Cape Canaveral, Florida, on May 30, 2020. Jonathan Newton | The Washington Post | Getty Images In Elon Musk’s telling…
