Fox Corporation has agreed to acquire Roku in a $22 billion transaction, combining one of the largest streaming platforms with Fox’s growing digital media and advertising business.
Elon Musk became the first person in history to reach a net worth of $1 trillion after SpaceX’s public debut, further extending his lead as the world’s richest individual.
Project Prometheus, the industrial AI startup backed by Jeff Bezos, has reportedly reached a $41 billion valuation following its latest funding round as investors bet on AI applications beyond software.
The United States has become the world’s largest oil exporter, surpassing Saudi Arabia and Russia as record crude and fuel shipments reshape global energy markets.
U.S. stocks erased approximately $1.2 trillion in market value after President Trump warned that the United States could strike Iran ‘very hard’, triggering a sharp reversal across risk assets.
More than 100 current and former SpaceX employees have joined forces to secure discounted wealth management services as the company’s IPO is expected to create a new wave of multimillionaires.
U.S. markets lost roughly $1.8 trillion in value within two hours as stocks, precious metals, and cryptocurrencies sold off sharply following shifting expectations surrounding a potential U.S.-Iran agreement.
Several major U.S. university endowments are poised to generate massive gains from their early SpaceX investments as the company approaches its highly anticipated IPO.
Ontario Teachers’ Pension Plan’s $300 million investment in SpaceX has grown to nearly $12 billion based on the company’s expected IPO valuation, representing one of the fund’s most successful investments ever.
Michael Burry criticized the financing structure behind Nvidia GPU purchases used by xAI, arguing that complex off-balance-sheet arrangements obscure risk while shifting exposure to investors through private credit markets.
Nvidia CEO Jensen Huang described the recent technology selloff as a buying opportunity, arguing that AI-related stocks remain attractively valued as the global AI infrastructure buildout is still in its early stages.
Anthropic is urging policymakers and AI labs to carefully evaluate the risks of increasingly autonomous AI systems as Claude reaches human-level coding performance and begins handling most of the company’s production code.
Some market analysts warn that SpaceX’s upcoming IPO could become one of the largest insider liquidity events ever, as early investors gain access to trillions of dollars in previously locked-up equity.
Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial intelligence infrastructure.
The cryptocurrency market lost roughly $200 billion in value over 24 hours as Bitcoin fell below $62,000, triggering the largest wave of leveraged liquidations since January.