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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

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Tech

Startups & Venture

View of SpaceX building

For SpaceX CFO Bret Johnsen, the challenge starts after the $75 billion IPO

Johnsen now faces the task of proving SpaceX can deliver on its promises as a public company.

By Sheryl EstradaJune 12, 2026

SpaceX headquarters outside

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

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

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

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

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

More in Big Tech

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’

A recent NBER paper noted the link between iPhone sales and declining births could be a result of more time on devices, and less time connecting.

By Sasha RogelbergJune 12, 2026

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

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

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

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

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More TechPage 14 of 100

SpaceX CEO Elon Musk unveiling the company's new manned spacecraft in Hawthorne, Calif. on May 29, 2014. (Photo: Kevork Djansezian/Getty Images)

Newsletters Rollout complete: SpaceX files IPO prospectus

By Andrew NuscaMay 21, 2026

Cybersecurity Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk
By Catherina GioinoMay 20, 2026

Ex-Facebook exec Sheryl Sandberg says the 10-year career plan is dead thanks to AI: ‘Don’t script your career when the future is uncertain,’ she warns Gen Z

Success Ex-Facebook exec Sheryl Sandberg says the 10-year career plan is dead thanks to AI: ‘Don’t script your career when the future is uncertain,’ she warns Gen Z

By Orianna Rosa RoyleMay 21, 2026

Microsoft lost its way in the AI race. Can Copilot get it back on course?

Magazine Microsoft lost its way in the AI race. Can Copilot get it back on course?

By Jeremy KahnMay 21, 2026

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Big Tech Elon Musk’s proposed pay package in SpaceX’s IPO filing reveals what the company actually is: a $1 trillion monster built to colonize Mars

By Eva RoytburgMay 20, 2026

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Success SpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’

By Nick LichtenbergMay 20, 2026

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By Ian King and BloombergMay 20, 2026

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SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too

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By Allie Garfinkle and Alexei OreskovicMay 20, 2026

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Commentary SpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it

By Tejpaul BhatiaMay 20, 2026

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By Sydney LakeMay 20, 2026

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By Emma BurleighMay 20, 2026

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Alphabet CEO Sundar Pichai in Mountain View, California on May 19, 2026. (Photo: David Paul Morris/Bloomberg/Getty Images)

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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

placeholder alt text

By Catherina GioinoJune 9, 2026

Personal Finance

Current price of oil as of June 11, 2026

placeholder alt text

By Joseph HostetlerJune 11, 2026

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