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

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

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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 12, 2026
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America just committed $1.2 trillion to fix its infrastructure. We’re still flying blind

A data center secretly drained 29 million gallons from a drought-stricken Georgia county. Digital twins could have caught it in real time.

By Gregg HerrinJune 13, 2026
Melinda French Gates’ advice to new IPO millionaires: ‘Give half your money away’
Melinda French Gates’ advice to new IPO millionaires: ‘Give half your money away’
By Emma HinchliffeJune 13, 2026
Aravind Srinivas wearing glasses
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
By Preston ForeJune 13, 2026
Raquel Urtasun
The ‘AI superstar’ CEO behind a self-driving truck unicorn on why Gen Z is a better hiring bet than industry veterans
By Preston ForeJune 13, 2026
cyber
Accenture cyber leads: why hiring more people won’t solve the cybersecurity talent gap
By Harpreet Sidhu and Vikram DesaiJune 13, 2026
t
AI is making promises your brand never made. Hotels are paying the price
By Teresa MackintoshJune 13, 2026
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Big Tech
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How Elon Musk rewrote SpaceX’s story—and turned it into the greatest IPO debut in history
How Elon Musk rewrote SpaceX’s story—and turned it into the greatest IPO debut in history

By convincing investors that AI will power his moonshot, SpaceX broke records in its trading debut.

By Shawn TullyJune 13, 2026
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

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

By Jim EdwardsJune 12, 2026
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 the result of more time spent on devices, and less time connecting.

By Sasha RogelbergJune 12, 2026
Your AI is already setting prices. The real question is who sets the rules

The rules your AI is following need to be rules you would stand behind—in front of your customers, your board, and even a congressional hearing.

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Bret Johnsen looks up, smiling, as he claps his hands.
SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire

Johnsen, SpaceX’s longest-tenured and only CFO, is now worth about $1.4 billion.

By Sasha RogelbergJune 13, 2026
Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO

SpaceX’s IPO will crown a few select VC winners. But it’s only the beginning of Hot IPO Summer.

By Allie GarfinkleJune 12, 2026
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for

The chatbot will be rolled out to more users in the coming weeks.

By Dave Lozo and Morning BrewJune 12, 2026
Despite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI

The SpaceX CEO envisions a world where robots serve humans, and the output of goods and services will far exceed the supply of money, creating deflation.

By Sasha RogelbergJune 12, 2026
More in Startups & Venture
AI
More in AI
axel
Our budgeted $180 million year ended in the red after the Ukraine war. Here’s how we survived

A 30% sales crash on a ski trip was the first sign we were in trouble. Four years later, I’m in a new business in a new country.

By Axel SöderbergJune 13, 2026
Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access

The directive would even bar Anthropic’s own foreign employees from using Fable and Mythos. Anthropic called the government position “a misunderstanding”.

By Jeremy KahnJune 13, 2026
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology

AI tools can be the most effective and well-designed in the world, but two people can use the same tool and get to vastly different results.

By Amanda GerutJune 12, 2026
AI shopping agents are coming. No one is ready for them

Lack of standards around fraud prevention, security, and returns hamper growth of AI agents, experts said at the Fortune Brainstorm Tech conference.

By Jeremy KahnJune 12, 2026
More in AI
Innovation
More in Innovation
Inside the race to rebuild America’s fuel supply chain for a ‘second nuclear age’
Inside the race to rebuild America’s fuel supply chain for a ‘second nuclear age’

A ‘second nuclear age’ looms, but the industry faces a major uranium problem.

By Jordan BlumJune 13, 2026
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont says. “The beast of volatility has awakened, and the season of chaos is at hand.”

By Nick LichtenbergJune 12, 2026
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

By Jason MaJune 12, 2026
Elon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x

If $1 trillion was divided among the entire population, each person would receive almost $122.

By Wyatte Grantham-Philips and The Associated PressJune 12, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
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
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
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
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
More in Cybersecurity
Latest Stories
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
SuccessJamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
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Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real EstateGen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
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‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
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Liability Car Insurance Explained: What It Covers and How Much You Need
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Sven Gerjets, chief technology officer at Gap, speaks on stage on a panel at Fortune Brainstorm Tech 2026.
Future of WorkWhy companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’
By Sebastian HerreraJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?
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U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
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By Jordan BlumJune 12, 2026
gavin
North AmericaNewsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
By Benjamin F. Henwood and The ConversationJune 12, 2026
More TechPage 28 of 100
Duke Energy trucks amassed in January at the Charlotte Motor Speedway to help restore power after Winter Storm Fern.
EnergyUtility giant Duke Energy plans to spend industry record $103 billion on growth as data centers and affordability take center stage
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    LawThe Gen Z stare meets the mysterious perfect homework assignment in the age of ChatGPT. Enter the oral exam
    By Jocelyn Gecker and The Associated PressApril 23, 2026
Ron Schneidermann
SuccessThis CEO lived on canned soup and took just two days off for his daughter’s birth. Now he admits he lost sight of proper work-life balance
By Preston ForeApril 25, 2026
According to Warren Buffett’s math the stock market is officially in ‘playing with fire’ territory. So when is the next crash coming?
InvestingAccording to Warren Buffett’s math the stock market is officially in ‘playing with fire’ territory. So when is the next crash coming?
By Shawn TullyApril 25, 2026
A replica of a Lockheed Martin missile
Politics‘A golden opportunity right now based on who’s in government.’ Trump’s bellicose presidency means defense firms are raking it in
By Tristan BoveApril 25, 2026
investors
EconomyIntel’s blowout quarter just sparked its best day since 1987
By The Associated Press and Stan ChoeApril 24, 2026
smart glasses
AIAI smart glasses are helping visually impaired runners take on the London Marathon
By The Associated Press and Mustakim HasnathApril 24, 2026
  • ServiceNow CEO Bill McDermott, wearing a casual jacket over a tope shirt and sporting sunglasses, raises his arms in a shrug-like gesture.
    InvestingInvestors continue to punish ServiceNow despite strong earnings and CEO McDermott’s forecast of blistering growth in AI product sales
    By Jeremy KahnApril 23, 2026
Data centers are finding a surprising way to deploy batteries
EnergyData centers are finding a surprising way to deploy batteries
By Mark Chediak, Michelle Ma and BloombergApril 24, 2026
Cohere’s European push highlights the rise of AI’s middle powers beyond the US and China
AICohere’s European push highlights the rise of AI’s middle powers beyond the US and China
By Sharon GoldmanApril 24, 2026
Dario Amodei, co-founder and CEO of Anthropic.
AIAnthropic says engineering missteps were behind Claude Code’s monthlong decline after weeks of user backlash
By Beatrice NolanApril 24, 2026
Your shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
AIYour shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
By Molly Liebergall and Morning BrewApril 24, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
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By Fortune EditorsApril 24, 2026
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    Startups & VentureA 19-year-old Thiel fellow just raised $7.3 million to build an African ‘super app’
    By Jack KubinecApril 23, 2026
DeepSeek unveils its newest model at rock-bottom prices and with ‘full support’ from Huawei chips
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SuccessAmazon CEO Andy Jassy started a weekly chicken wing eating club when he first moved to Seattle to build his network—he once ate 57 wings in one sitting
By Preston ForeApril 24, 2026
Gen Alpha can’t write emails to grandma without ChatGPT. It’s time for a ‘Digital Harm Tax’
CommentaryGen Alpha can’t write emails to grandma without ChatGPT. It’s time for a ‘Digital Harm Tax’
By Larz MayApril 24, 2026
dario
CommentaryMythos access by Discord group reveals real danger of AI-powered hacking
By Stefanie SchappertApril 24, 2026
black cabs
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By Nick LichtenbergApril 24, 2026
At Huntington Bancshares, the CFO is also the AI strategist
NewslettersAt Huntington Bancshares, the CFO is also the AI strategist
By Sheryl EstradaApril 24, 2026
Aditi Maliwal speaks while sitting
NewslettersUpfront’s Aditi Maliwal makes 3 bets a year and ignores the hype cycle
By Lily Mae LazarusApril 24, 2026
Meta CEO Mark Zuckerberg in Washington, D.C. on March 26, 2026. (Tom Williams/CQ-Roll Call/Getty Images)
NewslettersMeta cuts 8,000 workers to relieve AI spending pressure
By Andrew NuscaApril 24, 2026
Intel CEO Lip Bu Tan crushed Wall Street targets on his 1-year anniversary: We are embracing our ‘paranoid’ roots
Big TechIntel CEO Lip Bu Tan crushed Wall Street targets on his 1-year anniversary: We are embracing our ‘paranoid’ roots
By Alexei OreskovicApril 23, 2026
Jensen Huang stands smiling with his arms outstretched.
Big Tech‘Don’t leave’: Jensen Huang challenges billionaire class as he insists ‘highest taxes in the world’ are OK with him
By Jacqueline MunisApril 23, 2026
Tesla stock dives on news that it earned next to nothing on cars in Q1, and plans to spend $25 billion in CapEx anyway
Big TechTesla stock dives on news that it earned next to nothing on cars in Q1, and plans to spend $25 billion in CapEx anyway
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Spotify just turned 20. Here’s how founder Daniel Ek built it into a $100 billion music empire by being the ‘least powerful person’ at the company
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By Marco Quiroz-GutierrezApril 23, 2026
anirudh
ConferencesCadence CEO on the AI boom and human nature: ‘there are more tools, but the human part is not different’
By Nick LichtenbergApril 23, 2026
Meta, Microsoft look to trim workforces amid heavy AI spending
Big TechMeta, Microsoft look to trim workforces amid heavy AI spending
By Kurt Wagner, Brody Ford and BloombergApril 23, 2026
A trader works at the New York Stock Exchange in New York on April 22, 2026.
Big TechStocks retreat from record highs as Tesla weighs on Wall Street and oil jumps on Iran uncertainty
By Stan Choe and The Associated PressApril 23, 2026
altman
AIOpenAI releases GPT-5.5 amid a shift to rapid-fire AI updates
By Sharon GoldmanApril 23, 2026
AI security leaders gather in Washington as risks mount—and Mythos raises the stakes
NewslettersAI security leaders gather in Washington as risks mount—and Mythos raises the stakes
By Sharon GoldmanApril 23, 2026
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EconomyThe tech industry is applying an Uber-style ‘gigification’ model to nursing. It means no workers’ comp, AI managers, and ‘surveillance wages’
By Tristan BoveApril 23, 2026
A group of users leaked Anthropic’s AI model Mythos by reportedly guessing where it was located
CybersecurityA group of users leaked Anthropic’s AI model Mythos by reportedly guessing where it was located
By Marco Quiroz-GutierrezApril 23, 2026
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Most Popular
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Personal Finance
Current price of oil as of June 12, 2026placeholder alt text
By Joseph HostetlerJune 12, 2026
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