SpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1 billion in new AI contracts turbocharged financial results.

As Amazon pours $200 billion into AI this year, Bezos says the company’s next act will define the next decade.

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.