SpaceX Unlocks 328 Million Shares as Starship Nears Orbit
The Super Heavy booster stood on the launch mount at Starbase in south Texas early Wednesday, its Starship upper stage lowered on top in the first full stack of a…
Meta Shows Off Lighter VR Glasses and an AI Pendant
Mark Zuckerberg took the stage at Meta Connect on Sept. 23 with two devices and one clear aim: to move his company’s AI agent out of a phone screen and…
SoftBank’s $11 Billion Bond Sale Buys Time on Its OpenAI Payment
SoftBank Group has a payment of $10 billion coming due to OpenAI on October 1, and it is turning to the bond market to write the check. The Japanese conglomerate…
The AI Spending Boom Runs Into a Wall of Debt
The first cracks are showing up where the money was supposed to flow most freely. Around $18 billion of loans tied to Oracle’s Project Jupiter data center in New Mexico…
Wall Street Resets Apple Targets After the Foldable Debut
The keynote ended Wednesday evening, and by Thursday the research notes were moving. Apple had shown the iPhone Duo, its first foldable, alongside the iPhone 18 Pro and Pro Max,…
SpaceX Set to Gain Weight in Nasdaq 100 Rebalance
SpaceX’s stock has been trading in a narrow band, but the quiet is unlikely to last. When the Nasdaq 100 index completes its quarterly rebalance later this month, the rocket…
Anthropic Nears a $15 Billion Credit Line Ahead of Its Expected IPO
The banks that will take Anthropic public appear to be the same banks that are lending it money first. Anthropic is close to finalizing an expansion of its revolving credit…
Amex GBT Agrees to $6.3 Billion Take-Private by Long Lake
Four years after riding a blank-check boom onto the New York Stock Exchange, the world’s largest corporate travel company is heading back into private hands. Long Lake Management agreed to…
Wall Street Starts Pricing a Tesla-SpaceX Union, One Rocket at a Time
The roadster has been delayed so often that its launch date has become a joke in car circles, but a former Tesla president said Wednesday that the delays are not…
Goldman Hires Google Engineering Executive to Run Asset Management Technology
NEW YORK — The building at 200 West Street has hired from the other coast’s most valuable company. Goldman Sachs has appointed Evan Kotsovinos, a Google engineering executive, to run…
