SpaceX Stock Rises 11% in Largest IPO Ever

SpaceX, Elon Musk’s rocket and artificial intelligence company, capped the biggest-ever initial public offering by rising 20 percent in its trading debut on Friday, turning the world’s richest man into the first trillionaire and setting the stage for fast-growing A.I. companies to reach the stock market in a once-in-a-lifetime bonanza. SpaceX shares opened trading at…

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What the SpaceX I.P.O. Means for OpenAI and Anthropic

Wall Street celebrated the arrival of the largest initial public offering in its history with SpaceX on Friday. But after SpaceX’s first day of trading ends, a pair of start-ups in San Francisco will be watching the share price of Elon Musk’s rocket company closely. OpenAI and Anthropic, two of the leaders in artificial intelligence,…

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Former Activision boss reportedly wants to buy TikTok

Bobby Kotick, the former head of Activision Blizzard, is reportedly considering buying TikTok, as the app could be banned in the United States. The Wall Street Journal reports that Kotick has talked to ByteDance, the company that owns TikTok, about buying the app, which could cost hundreds of billions of dollars.This comes as US lawmakers…

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