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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026

Tech

Tech

Startups & Venture

SpaceX headquarters outside

SpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning

Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

By Lily Mae LazarusJune 12, 2026

Elon Musk

When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

By Jim EdwardsJune 12, 2026

Mo Jomaa of CapitalG, Nizar Tarhuni of PitchBook, and Hans Tung of Notable Capital at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)

The SpaceX IPO is not the market savior it seems

By Andrew NuscaJune 12, 2026

A person holds an iPhone as someone next to them points at the screen.

You can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’

By Sasha RogelbergJune 12, 2026

Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

By Angelica AngJune 12, 2026

Your AI is already setting prices. The real question is who sets the rules

Your AI is already setting prices. The real question is who sets the rules

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026

More in Big Tech

Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

By Jack Kubinec and Ben WeissJune 11, 2026

After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns

Anthropic’s latest model previously downgraded certain user requests quietly and without warning.

By Marco Quiroz-GutierrezJune 11, 2026

T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 11, 2026

Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo

Casimiro Miguel is 32. His channel has all 104 World Cup games in the world’s most soccer-obsessed country.

By Nick Lichtenberg, Tales Azzoni and The Associated PressJune 11, 2026

More in Big Tech

Startups & Venture

More in Startups & Venture

SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba’s IPO, in second place.

By Mia OsmonbekovJune 12, 2026

Why is it so hard to get ROI from AI? Because building from first principles isn’t easy

At Fortune Brainstorm Tech, executives said that finding value from AI starts with strategy and continues with process reinvention.

By Jeremy KahnJune 11, 2026

Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it

The $5.3 billion ambient AI startup is expanding from clinical notes into billing, drug trials, and real-time insurance claims.

By Lily Mae LazarusJune 11, 2026

SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

By Shawn TullyJune 11, 2026

More in Startups & Venture

Three ways that Asia’s enterprises are adopting AI—and where they are falling behind

Three ways that Asia’s enterprises are adopting AI—and where they are falling behind

Asia’s AI race won’t be won by early adopters. It will be won by businesses that rebuild processes, data, and governance around AI at scale.

By Garrett IlgJune 11, 2026

Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare

The U.S. defense industry must leverage private venture capital and dual-use technologies, leading technology executives and venture capitalists said at Brainstorm Tech 2026.

By Sebastian HerreraJune 11, 2026

Tech leaders argue AI’s real future Is task augmentation, not mass layoffs

CEOs of C.H. Robinson and Agility Robotics said today’s cutting-edge of automation isn’t replacing the whole human.

By Sebastian HerreraJune 11, 2026

The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say

At Fortune Brainstorm Tech, industry experts discussed why practices like measuring hours saved is the wrong KPI for the AI age.

By Sebastian HerreraJune 11, 2026

More in Innovation

‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight

‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight

China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.

By Mia OsmonbekovJune 11, 2026

The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months

Boris Cherny was asked at Brainstorm Tech if he was concerned about the rapid progress of AI: “Yes.”

By Nick LichtenbergJune 11, 2026

SpaceX is about to make history—and 80% of VCs won’t see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

By Amanda GerutJune 11, 2026

While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond

In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.

By Jason MaJune 11, 2026

More in Innovation

More in Cybersecurity

ice

Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says

A class action lawsuit alleges the county shared years of motorist travel data with 50+ agencies including ICE, with no public authorization.

By Byron Tau and The Associated PressJune 11, 2026

Canada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’

New legislation puts the burden of proof on companies — not parents — to demonstrate their platforms are safe, mirroring Australia’s ban.

By Rob Gillies and The Associated PressJune 11, 2026

Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful

Treating server location as an expression of sovereignty threatens resilience, competition, and ASEAN’s ambitions for a shared digital market.

By Leonard LimJune 10, 2026

South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

By Jaehyun Eom, Shinhye Kang and BloombergJune 11, 2026

More in Cybersecurity

Latest Stories

fort

Commentary Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since

By Jenni MorejonJune 12, 2026

Top CD rates today, June 12, 2026: Lock in up to up to 4.30%

Personal Finance Top CD rates today, June 12, 2026: Lock in up to up to 4.30%

By Glen Luke FlanaganJune 12, 2026

Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026

Personal Finance Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026

By Glen Luke FlanaganJune 12, 2026

How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO

Newsletters How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO

By Diane BradyJune 12, 2026

An Osasuna player passes the ball while under pressure from Getafe rival.

Crypto Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation

By Camila Grigera NaonJune 12, 2026

Mortgage rates today, June 12, 2026

Personal Finance Mortgage rates today, June 12, 2026

By Glen Luke FlanaganJune 12, 2026

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By Glen Luke FlanaganJune 12, 2026

Current ARM mortgage rates report for June 12, 2026

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By Glen Luke FlanaganJune 12, 2026

More TechPage 12 of 100

Environment You can’t repair your tractor because Hollywood was terrified of the VCR

By Oana Godeanu-Kenworthy and The ConversationMay 25, 2026

Startups & Venture Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
By Jason MaMay 22, 2026

Antonio Gracias, founder, chief executive officer and chief investment officer of Valor Equity Partners

Investing Elon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX

By Eva RoytburgMay 25, 2026

Huawei touts chip breakthrough to shorten gap with TSMC

Asia Huawei touts chip breakthrough to shorten gap with TSMC

By BloombergMay 25, 2026

mollick

Economy ‘Nobody knows anything’ and ‘this time is different’: the phrases that define — and haunt — the AI economy

By Nick LichtenbergMay 25, 2026

Becky Schmitt, the chief people officer of PepsiCo

Future of Work PepsiCo CPO says their ‘secret sauce’ to hiring top talent is that they all have hustle—And are agile and curious in the AI era

By Emma BurleighMay 25, 2026

SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’

Startups & Venture SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’

By Marco Quiroz-GutierrezMay 24, 2026

Economy They created AI nudes that got millions of views online. Now they’re being charged with crimes
By Jake Offenhartz and The Associated PressMay 22, 2026

Dara Khosrowshahi speaks on stage and holds his palms in front of him, pressed together.

Lifestyle Uber CEO says rideshare ‘freed up’ his son from having to get a driver’s license—and he’s one of many Gen Zers who aren’t willing to drive

By Sasha RogelbergMay 24, 2026

bofa

AI BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far

By Nick LichtenbergMay 24, 2026

Fortune Archives: A brief history of vying for control in space

Newsletters Fortune Archives: A brief history of vying for control in space

By Lydia BelangerMay 24, 2026

Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail

Real Estate Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail

By Sydney LakeMay 24, 2026

David Bennahum

Commentary I was one of the internet’s first influencers. AI just killed the whole category — and created something better

By David S. BennahumMay 24, 2026

Success Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026

Someone leafs through titles stacked in a library

AI AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge

By Tristan BoveMay 24, 2026

Marc Perry, Toyota Alabama president and Jack Crowley in the lab with the students.

AI As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can’t be automated

By Jake AngeloMay 24, 2026

It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off

Energy It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off

By Jordan BlumMay 24, 2026

Environment The asphalt industry has a heat problem — and cities are running out of patience

By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026

SpaceX’s third-generation Starship, which NASA may use to put astronauts on the moon, makes debut in test flight ahead of blockbuster IPO

Innovation SpaceX’s third-generation Starship, which NASA may use to put astronauts on the moon, makes debut in test flight ahead of blockbuster IPO

By Marcia Dunn and The Associated PressMay 23, 2026

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By Jake AngeloMay 23, 2026

Commentary Everyone is blaming AI for the death of ‘craft.’ Take a good look in the mirror

By Ashley YetmanMay 23, 2026

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Commentary I’ve spent 25 years studying loneliness. AI is about to make it much worse

By Clay RoutledgeMay 23, 2026

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Commentary Former NASA Robotics Chief: America is building the wrong kind of robots — and China knows it

By Robert AmbroseMay 23, 2026

Elon Musk’s SpaceX IPO filing just told us what business he’s betting on for the future—and it’s not rockets

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By Shawn TullyMay 23, 2026

morris

Commentary My startup hit $200 million ARR. But first I walked away from 2.5 million YouTube subscribers and nearly went bankrupt

By Joel MorrisMay 23, 2026

How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office

AI How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office

By Angelica AngMay 22, 2026

Trump AI and crpto czar David Sacks sits next to Meta CEO Mark Zuckerberg at a dinner table in the White House as Zuckerberg turns to Sacks and says something.

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By Jeremy KahnMay 22, 2026

James Daunt sits in a booksop, gesturing with both hands and smiling.

AI Barnes & Noble CEO clarifies the bookseller’s stance on AI-written books after refusing to ban them: ‘This is a straightforward rejection of AI books’

By Sasha RogelbergMay 22, 2026

A photo taken during the Maroon Bells bicycle ride during Fortune Brainstorm Tech 2019 in Aspen, Colorado. (Photo: Fortune)

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By Andrew NuscaMay 22, 2026

satya nadella

AI Microsoft reports are exposing AI’s real cost problem: Using the tech is more expensive than paying human employees

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Sam Altman standing in a lift.

AI The big questions looming over OpenAI’s trillion-dollar IPO

By Beatrice NolanMay 22, 2026

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Most Popular

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

placeholder alt text

By Sasha RogelbergJune 10, 2026

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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By Catherina GioinoJune 9, 2026

Personal Finance

Current price of oil as of June 11, 2026

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By Joseph HostetlerJune 11, 2026

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