Tech companies are laying off tens of thousands of workers at a record pace, citing AI as the primary reason, but critics including Marc Andreessen argue AI is a convenient excuse for pandemic-era ove…
Mirae Asset Securities failed to secure any SpaceX IPO shares for its clients, highlighting Korean brokerages' limited influence in global IPO allocations as AI giants OpenAI and Anthropic prepare for…
SpaceX raised $75 billion in its IPO on June 12, the largest in history, valuing the company near $2 trillion. The funds will support plans to deploy up to 1 million satellites for orbital AI data cen…
Anil Dash argues for a shift from Big AI to many small, responsible AI tools created by and for communities, citing widespread cultural pushback and ethical concerns about major AI platforms. He sugge…
SpaceX's IPO closed up 19% at $161 per share, delivering the largest market debut in history with a valuation exceeding $2 trillion, driven partly by its AI arm through the xAI acquisition. The succes…
SpaceX completed the largest IPO in history on June 12, 2026, raising $75 billion at a $1.75 trillion valuation. OpenAI and Anthropic filed confidential IPO paperwork in early June, targeting valuatio…
SpaceX went public this week in the largest IPO ever, making CEO Elon Musk the world's first trillionaire. The IPO is expected to trigger a wave of AI company IPOs, with OpenAI and Anthropic filing co…
AI systems are fundamentally code and cannot be made smarter through prompting alone, as demonstrated by bots that uncritically accept any input. The article highlights the limitations of current AI, …
Professor Margaret Hu of William & Mary Law School argues for a separation of AI and state, drawing parallels between medieval church coinage and modern AI tokens. She warns that AI labs, like the med…
Josh Giegel, an early SpaceX employee, used his equity to pay off student loans, buy a home, and fund career changes. The 41-year-old AI startup cofounder says regular buybacks over the past decade pr…
Jefferies strategist Christopher Wood warned that the AI-driven stock rally faces elevated near-term correction risk from rising bond yields, concentrated investor positioning, and a wave of mega IPOs…
Nearly $300 billion flooded into AI ventures in Q1 2026, representing 81% of global venture activity, as OpenAI raised $122 billion and Anthropic closed a $65 billion Series H round at a $965 billion …
SpaceX, OpenAI, and Anthropic are set to go public in 2026, with combined IPOs expected to raise over $200 billion, creating record wealth concentration. SpaceX's June IPO raised $75 billion at a $1.7…
Wall Street is debating whether a surge in mega-IPOs and secondary offerings from SpaceX, OpenAI, Anthropic, and Alphabet signals a market downturn or continued strength. Capital Economics warns that …
SpaceX, now valued at $2.1 trillion after its stock debut, is poised to join major stock indexes like the Nasdaq 100, meaning millions of 401(k) investors in index funds could soon own shares of the c…
OpenAI faces a multistate probe into user safety, receiving a subpoena from several state attorneys general over concerns that its ChatGPT chatbot may encourage self-harm and criminal acts. The invest…
SpaceX's record-breaking $75 billion IPO, valuing the company at over $2 trillion, has sparked a trading frenzy but raises concerns about sustainability. A financial journalist warns that retail inves…
The Trump administration ordered AI company Anthropic to suspend foreign nationals from using its most advanced AI models, Claude Fable 5 and Mythos 5, citing national security concerns. Anthropic com…
SpaceX's stock surged 19.2% in its market debut, giving the company a $2.1 trillion valuation that could soon land it in major stock indexes like the Nasdaq 100. Because index funds dominate 401(k) ac…
SpaceX disclosed a $920 million monthly AI compute contract with Google ahead of its record IPO, signaling the company now controls more of AI's physical infrastructure than most competitors. The deal…