The Launch That Saved SpaceX: From a Week of Cash to a $2 Trillion Listing
In the late summer of 2008, SpaceX had about a week of cash left, and the company’s engineers privately put the odds of the next launch succeeding at roughly 10%.…
U.K. and Japan Sign $24 Billion Technology Pact
The signing table was set in London, and the two prime ministers put their names to an agreement worth more than £18 billion, or about $24 billion, covering artificial-intelligence research,…
Musk Points to Tesla’s Next Chip as Robotaxi Questions Mount
The update arrived as a post on X, in the clipped language Mr. Musk uses for engineering status reports. Tesla’s AI6 chip, he said, is moving through engineering review and…
SpaceX Keeps Rising After the Bell as Funds Rush to File
The second trading day ended, and SpaceX kept moving. In after-hours trading, shares changed hands at $166.76, up 23.5% from the $135 offering price, and the machinery of modern markets…
Amazon CEO’s Washington Meetings Preceded Order to Disable Anthropic Models
The conversations took place in Washington this week, and their consequences reached the artificial-intelligence industry within days. Andy Jassy, Amazon’s chief executive, told senior officials in the Trump administration that…
SpaceX Stock Closes Up 19% in Trading Debut, Making Musk the First Trillionaire
The first trades crossed at 9:30 a.m., and by the closing bell the tape told a story four years in the making. SpaceX, the rocket company Elon Musk built from…
Mistral in Talks to Raise 3 Billion Euros at a 20 Billion Euro Valuation
In a glass office block near the Paris Bourse, the founders of Mistral AI are doing what they have done at every stage of the company’s life: raising money. The…
Hedge Funds Shed Big Tech Before SpaceX Debut, JPMorgan Data Show
The selling started on June 5 and did not stop for a week. Across hedge fund books, positions in the biggest American technology stocks came down in size — every…
Xbox Revenue Keeps Falling After $20 Billion of Spending
The memo landed on June 10 with a title that did not hedge: “Next 100 Days: Xbox Reset.” In it, Microsoft’s gaming division acknowledged what executives had said privately for…
Asian Chip Stocks Surge as Samsung Jumps 11% in One Day
On the Seoul exchange, the trading halt hit before lunch, and traders on the floor described the mood as a mix of relief and disbelief. Samsung Electronics rose 11% in…
