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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

‘We do not want humans to have the same fate as dinosaurs,’ the prospectus reads.

By Eva RoytburgMay 20, 2026
elon
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
Jensen Huang, chief executive officer of Nvidia
Nvidia tells skeptical investors that AI is ready to go mainstream
By Ian King and BloombergMay 20, 2026
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’
By Angelica AngMay 20, 2026
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
By Allie Garfinkle and Alexei OreskovicMay 20, 2026
Elon Musk sits with his fists together, looking up.
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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Big Tech
More in Big Tech
Jensen Huang, chief executive officer of Nvidia Corp
The one number that will actually move Nvidia’s stock Wednesday night

A beat is almost a given—Nvidia has beaten expectations 21 of the last 23 quarters. Whether the stock rallies or falls depends on a number below the fold.

By Eva RoytburgMay 20, 2026
Meet the brothers who turned a homegrown AI agent into a $12 million bet on the future of work — in six weeks

NanoCo’s Gavriel and Lazer Cohen are the brothers behind the first AI agent “claw” company to raise real money.

By Nick LichtenbergMay 20, 2026
‘Blood in the streets’: Legendary investor Jeremy Grantham pulls back the curtain on the AI wars to reveal a ‘brutal, competitive world’

GMO co-founder Jeremy Grantham says the era of Big Tech monopoly profits is over — and AI is the reason why.

By Nick LichtenbergMay 19, 2026
Google’s I/O conference showed how the company is being completely rebuilt for AI—for better or for worse

Even Google’s iconic search box is being revamped to accommodate AI.

By Alexei Oreskovic and Sharon GoldmanMay 19, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
chicks
Jurassic Park isn’t just a movie anymore as de-extinction startup hatches live chicks

Twenty-six baby chickens — ranging from a few days to several months old — were born from a 3D printed lattice structure that mimics an eggshell.

By Adithi Ramakrishnan and The Associated PressMay 20, 2026
Variational raises $50 million Series A to bring liquidity from traditional markets to blockchain rails

The startup is seeking to set itself apart from Hyperliquid by sourcing liquidity from traditional providers.

By Jack KubinecMay 20, 2026
Exclusive: Circle cofounder raises $30 million for Series A ‘AI-native bank’ Catena Labs

Sean Neville’s startup aims to build banking tools especially designed for AI agents.

By Ben WeissMay 20, 2026
The 50-year-old law that governed every software company just broke. Here’s what replaces it

AI removed engineering as a bottleneck. That changes everything.

By Martin Casado and Abhishek NagarajMay 20, 2026
More in Startups & Venture
AI
More in AI
Pay transparency is exposing a bigger problem: Most companies can’t explain why they pay what they pay
Pay transparency is exposing a bigger problem: Most companies can’t explain why they pay what they pay

Syndio’s CEO and the founder of Salary Transparent Street told Fortune workers aren’t just demanding to know what their colleagues earn—they want to know why. Most employers can’t tell them.

By Sydney LakeMay 20, 2026
‘We’ve given them the short end of the stick’: Business school dean says AI could eliminate many jobs for young people—even as they lead innovation

Despite being innovation leaders, young workers face an AI transition that prioritizes “better, cheaper, faster” over breakthrough thinking, according to Professor Jeff DeGraff.

By Preston ForeMay 20, 2026
2025 was a turning point for your electricity bill and it’s just getting more expensive from here. It’s not just data centers

The AI construction boom is not blameless, but it’s only one of the many reasons electricity is getting so pricey.

By Tristan BoveMay 20, 2026
While other tech CEOs warn of mass job losses, Glean’s chief says AI will never replace a single worker

Arvind Jain, the CEO of AI-powered enterprise search platform Glean, says no roles are being eliminated in the AI era.

By Emma BurleighMay 20, 2026
More in AI
Innovation
More in Innovation
Clinical Psychologist Daniel Wendler
A ‘proudly autistic’ workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas

Daniel Wendler says most companies are unknowingly suppressing their neurodivergent workers — and leaving a serious competitive advantage behind.

By Tristan BoveMay 20, 2026
The sound of graduating from college in the AI summer of 2026: boo!

“There is a fear in your generation that the future has already been written, that the machines are coming, that the jobs are evaporating.”

By Heather Hollingsworth, Jocelyn Gecker and The Associated PressMay 20, 2026
Current price of Ethereum for May 20, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerMay 20, 2026
3 reasons kids hate AI—especially the ones who refuse to even try it

Every other tech revolution was embraced by the youth, inciting a moral panic among the adults. As with so many other things, Gen Z is turning the tables.

By Nick LichtenbergMay 20, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk
Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk

The complaint follows a parent who lost her son to people who groomed him on the platform.

By Catherina GioinoMay 20, 2026
Pope Leo launches an AI commission days before he releases a papal letter alongside Anthropic cofounder Christopher Olah

The pope will unveil his first papal encyclical next week alongside an Anthropic cofounder, just as he remains vocal against the use of AI worldwide.

By Catherina GioinoMay 18, 2026
A strip club scandal at a major crypto industry event triggers sponsor backlash

Critics say the event reinforces the ‘crypto bro’ trope at a time the industry is trying to enter the mainstream

By Jack KubinecMay 18, 2026
6.7 million people thought they were ripping apart an AI-generated Monet painting. But it was real

A researcher posted a real Monet painting, but tagged it as made with AI. That didn’t stop people from tearing it apart online.

By Nick LichtenbergMay 18, 2026
More in Cybersecurity
Latest Stories
Hiba Mona Anver, wearing a black and white striped dress, gestures with her hands as she speaks onstage.
North America80% of companies have an immigrant in a top leadership role—Trump’s visa crackdown is forcing them to make a ‘plan C,’ warns immigration expert
By Sasha RogelbergMay 20, 2026
harvard
EconomyHarvard admits it was too easy to get A grades, vows crackdown
By Leah Willingham and The Associated PressMay 20, 2026
frank
PoliticsBarney Frank, legendary liberal who ripped into left-wing dysfunction on his death bed, dies at 86
By Steven Sloan and The Associated PressMay 20, 2026
A dating expert says ghosting and quiet quitting are the same problem at their core, and corporate life has more to learn from romance than it admits
Workplace CultureA dating expert says ghosting and quiet quitting are the same problem at their core, and corporate life has more to learn from romance than it admits
By Marco Quiroz-GutierrezMay 20, 2026
bezos
Personal FinanceJeff Bezos on Zohran Mamdani’s big mistake: ‘When you don’t know how to solve a problem, create a villain, blame them’
By Nick LichtenbergMay 20, 2026
lucas
ConferencesTrump’s EEOC chair is suing The New York Times because ‘we should bring it on behalf of white workers too’
By Nick LichtenbergMay 20, 2026
Dr. Bernice A. King
NewslettersWhat the DEI rollback says about corporate values, according to Dr. Bernice King
By Emma HinchliffeMay 20, 2026
Prices at the pump hit $4 a gallon in all 50 states—just as summer driving season begins
EnergyPrices at the pump hit $4 a gallon in all 50 states—just as summer driving season begins
By Jordan BlumMay 20, 2026
More TechPage 40 of 100
Making sense of the OpenAI-Anthropic-Pentagon tempest
NewslettersMaking sense of the OpenAI-Anthropic-Pentagon tempest
By Alexei OreskovicMarch 2, 2026
  • dorsey
    BankingJack Dorsey lays off 40% of Block, saying AI has changed the game: ‘Intelligence tools have changed what it means to build and run a company’
    By Elaine Kurtenbach and The Associated PressFebruary 27, 2026
Electrician apprentices at work.
Future of WorkA dire electrician shortage is a ‘life or death’ threat to the AI data center boom—and an opportunity for Gen Z
By Preston ForeMarch 2, 2026
A veiled Iranian woman holds her cellphone displaying a portrait of Iran's Supreme Leader, Ayatollah Ali Khamenei,
CybersecurityCyber retaliation from Iran is a problem for U.S. companies — ‘It’s in the hands of a 19-year-old hacker in a Telegram room,’ ex-NSA operative says
By Amanda GerutMarch 1, 2026
Two girls look at a laptop placed on a desk.
AIAmerican schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting
By Sasha RogelbergMarch 1, 2026
YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’
Big TechYouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’
By Marco Quiroz-GutierrezMarch 1, 2026
Slack cofounder Stewart Butterfield
SuccessSlack cofounder says workers and CEOs can get stuck doing ‘fake’ work like pre-meetings and slideshows
By Emma BurleighMarch 1, 2026
  • ted
    Big TechNetflix walks away, saying Warner was ‘always a ‘nice to have’ at the right price, not a ‘must have’ at any price’
    By Wyatte Grantham-Philips and The Associated PressFebruary 27, 2026
heitmann
CommentaryHere’s how to build something that lasts, from the founder of a $300 million bootstrapped company that’s been growing for 28 years straight
By Tim HeitmannMarch 1, 2026
U.S. President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, D.C.
EnergyYour utility bills keep going up. Here’s everyone you can blame—AI data centers included
By Jordan BlumMarch 1, 2026
Pentagon chief blocks officers from attending Ivy League schools and other top universities, including partners on AI and space
PoliticsPentagon chief blocks officers from attending Ivy League schools and other top universities, including partners on AI and space
By Jason MaFebruary 28, 2026
Anthropic CEO Dario Amodei says ‘we are patriotic Americans’ committed to defending the U.S. but won’t budge on ‘red lines’
AIAnthropic CEO Dario Amodei says ‘we are patriotic Americans’ committed to defending the U.S. but won’t budge on ‘red lines’
By Jason MaFebruary 28, 2026
sarandos
Investing3 things we will never know after Netflix pulled out of the Warner Bros. bidding, handing it to Paramount
By Nick LichtenbergFebruary 28, 2026
  • ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue
    AsiaComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue
    By Angelica AngFebruary 27, 2026
OpenAI CEO Sam Altman
AIOpenAI sweeps in to ink deal with Pentagon as Anthropic is designated a ‘supply chain risk’—an unprecedented action likely to crimp its growth
By Jeremy KahnFebruary 28, 2026
Your spend as a ‘weapon’: Scott Galloway’s ‘Resist and Unsubscribe’ movement asks you to ditch Amazon, Apple, and Netflix to oppose Trump
Big TechYour spend as a ‘weapon’: Scott Galloway’s ‘Resist and Unsubscribe’ movement asks you to ditch Amazon, Apple, and Netflix to oppose Trump
By Kristin StollerFebruary 28, 2026
world's fair
CommentarySomething big is happening in AI, but panic is the wrong reaction
By Peter CappelliFebruary 28, 2026
The week the AI scare turned real and America realized maybe it isn’t ready for what’s coming
AIThe week the AI scare turned real and America realized maybe it isn’t ready for what’s coming
By Nick LichtenbergFebruary 28, 2026
She joined Block to build AI. Weeks later, AI cost her job.
AIShe joined Block to build AI. Weeks later, AI cost her job.
By Sheryl EstradaFebruary 28, 2026
Form Energy CEO Mateo Jaramillo is pictured at Form Factory 1 in Weirton, West Virginia.
EnergyGoogle is building a bevy of renewable energy in Minnesota—including the world’s largest battery system providing power for a whopping 100 hours
By Jordan BlumFebruary 28, 2026
sam altman
AIOpenAI strikes a deal with the Pentagon just hours after Trump orders the end of Anthropic contracts, and hours after a staff all-hands
By Sharon GoldmanFebruary 27, 2026
Have good taste? It may just get you a job during the AI jobs apocalypse, says Sam Altman
Future of WorkHave good taste? It may just get you a job during the AI jobs apocalypse, says Sam Altman
By Marco Quiroz-GutierrezFebruary 27, 2026
Trump’s FTC backs off social media regulation despite finding that nearly 20% of America’s children are online for 4 hours or more
CybersecurityTrump’s FTC backs off social media regulation despite finding that nearly 20% of America’s children are online for 4 hours or more
By Catherina GioinoFebruary 27, 2026
Emil Michael smirks
AIEmil Michael, the Silicon Valley exec turned Trump official leading the war against Anthropic, has deep ties to the tech world
By Lily Mae LazarusFebruary 27, 2026
Trump orders U.S. government to stop using Anthropic but gives Pentagon six months to phase it out while Hegseth adds supply-chain risk designation
AITrump orders U.S. government to stop using Anthropic but gives Pentagon six months to phase it out while Hegseth adds supply-chain risk designation
By Jason MaFebruary 27, 2026
The battle over WBD left three big winners on Wall Street—while the thousands who lost out will remain behind the scenes
Arts & EntertainmentThe battle over WBD left three big winners on Wall Street—while the thousands who lost out will remain behind the scenes
By Geoff ColvinFebruary 27, 2026
Aerial view of a data center under construction in Ohio.
EconomyBefore AI gains materialize, governments will have to deal with a ‘policy tradeoff,’ Moody’s says: How to handle the massive spending and debt risk
By Tristan BoveFebruary 27, 2026
Graphic depicting a coin reads, Fortune Crypto: Facebook Crypto 2.0
CryptoFacebook’s first crypto push set off a firestorm. This time around, its plans are met with a shrug
By Jeff John RobertsFebruary 27, 2026
jack dorsey
AIBlock CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year
By Jake AngeloFebruary 27, 2026
Anthropic CEO Dario Amodei.
AIThe Pentagon brands Anthropic CEO a ‘liar’ with a ‘God complex’ as deadline looms over AI use in weapons and surveillance
By Beatrice NolanFebruary 27, 2026
lacks
LawThe immortal life of Henrietta Lacks lawsuits gets a bit shorter with Novartis settlement
By Brian Witte and The Associated PressFebruary 27, 2026
burger king
AIBurger King tests OpenAI-powered headsets that will track the friendliness of drive-through workers
By Dee-Ann Durbin and The Associated PressFebruary 27, 2026
zuck
Law20-year-old claiming social media addiction in landmark trial says she was on it ‘all day long’ as a child. Meta brings up abusive environment
By Kaitlyn Huamani, Barbara Ortutay and The Associated PressFebruary 27, 2026
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Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ placeholder alt text
By Preston ForeMay 19, 2026
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'placeholder alt text
By Preston ForeMay 20, 2026
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympicsplaceholder alt text
By Mike Householder and The Associated PressMay 17, 2026
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