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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
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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 44 of 100
Jensen Huang
SuccessWhile Nvidia CEO Jensen Huang enjoys an over $150 billion net worth, his fellow cofounder Curtis Priem sold out in 2006—and missed out on $600 billion
By Preston ForeFebruary 23, 2026
  • GDP growth sharply slows to 1.4%, less than half of fourth quarter expectations
    InnovationGDP growth sharply slows to 1.4%, less than half of fourth quarter expectations
    By Christopher Rugaber, Matt Ott and The Associated PressFebruary 20, 2026
Crowds at the AI Impact Summit in India.
AIIndia’s AI Impact Summit closes with the New Delhi Declaration and a $200 billion boost
By Beatrice NolanFebruary 23, 2026
taxi
InnovationSelf-driving taxis hit London, a city with such complex streets that it has a ‘Knowledge’ test that takes cabbies years to pass
By Kelvin Chan and The Associated PressFebruary 23, 2026
OpenAI CEO Sam Altman speaking in front of a microphone.
AIOpenAI partners with McKinsey, BCG, Accenture, and Capgemini to push its Frontier AI agent platform
By Jeremy KahnFebruary 23, 2026
Tech leaders hold hands on stage at India's AI Impact Summit.
AIInside India’s AI Impact Summit: Robot fraud, gridlocked roads, and a no-show from Bill Gates
By Beatrice NolanFebruary 23, 2026
The 29-year old investor who went from selling fake IDs to backing Poppi raises a $75 million fund to invest in brands with a ‘cultural edge’
NewslettersThe 29-year old investor who went from selling fake IDs to backing Poppi raises a $75 million fund to invest in brands with a ‘cultural edge’
By Leo SchwartzFebruary 23, 2026
  • AI
    CommentarySomething big is happening in AI, but that’s the only thing Matt Shumer got right
    By Neil Chilson and Kevin FrazierFebruary 20, 2026
Microsoft’s gaming shake up touts Xbox resurgence—but ignites fears of incoming AI slop
NewslettersMicrosoft’s gaming shake up touts Xbox resurgence—but ignites fears of incoming AI slop
By Alexei OreskovicFebruary 23, 2026
DBS, Southeast Asia’s largest bank, partners with VC giant Granite Asia to counter the region’s lack of capital
BankingDBS, Southeast Asia’s largest bank, partners with VC giant Granite Asia to counter the region’s lack of capital
By Angelica Ang and Andrew StaplesFebruary 22, 2026
daron acemoglu
AIThe Nobel laureate who cowrote ‘Why Nations Fail’ warns U.S. democracy won’t survive unless these two things change
By Jake AngeloFebruary 22, 2026
jesse
CommentaryA decade ago, I had a front row seat as Jesse Jackson held big tech firms accountable for being overwhelmingly white and male
By Brennan Nevada JohnsonFebruary 22, 2026
Man wearing a suit awkwardly takes a video call on a laptop
Future of WorkRecruiter reveals broken Zoom interview etiquette: bathrobes, yoga, and outsourcing thinking to AI
By Nick LichtenbergFebruary 22, 2026
  • modi
    AIHow Modi’s AI handholding moment backfired as Sam and Dario refused to play along
    By Matt O'Brien and The Associated PressFebruary 20, 2026
Fortune Archives: Amazon on top
NewslettersFortune Archives: Amazon on top
By Indrani SenFebruary 22, 2026
werfel
CommentaryFormer IRS Commissioner: Here’s how we used AI to create immediate value when taxpayers scrutinized every dollar
By Danny WerfelFebruary 22, 2026
DOJ probes Netflix’s power over filmmakers in Warner deal review
LawDOJ probes Netflix’s power over filmmakers in Warner deal review
By Josh Sisco and BloombergFebruary 21, 2026
Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’
Big TechMicrosoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’
By Marco Quiroz-GutierrezFebruary 21, 2026
U.S. military airlifts small nuclear reactor for the first time, flying a minivan-sized microreactor nearly 700 miles on a C-17
InnovationU.S. military airlifts small nuclear reactor for the first time, flying a minivan-sized microreactor nearly 700 miles on a C-17
By Matthew Daly and The Associated PressFebruary 21, 2026
taylor
CommentaryHow fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
By Reid LitmanFebruary 21, 2026
Photo of Phoebe Gates
Startups & Venture‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeFebruary 21, 2026
tanmai
AIYou have 18 months to figure out your office job, $1 billion CEO says. But it’s not going away
By Nick LichtenbergFebruary 21, 2026
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
Big TechPeter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezFebruary 21, 2026
igor
CommentaryIf the recent AI and crypto shocks upset you, you’re tracking the wrong cycle
By Igor PejicFebruary 21, 2026
A girl looking at her laptop screen
InnovationThe U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergFebruary 21, 2026
Trump team livid about Dario Amodei’s principled stand to keep the Defense Department from using his AI tools for warlike purposes
AITrump team livid about Dario Amodei’s principled stand to keep the Defense Department from using his AI tools for warlike purposes
By Catherina GioinoFebruary 21, 2026
OpenAI forecasts its revenue will top $280 billion in 2030
AIOpenAI forecasts its revenue will top $280 billion in 2030
By Shirin Ghaffary and BloombergFebruary 20, 2026
Country representatives hold up letters supporting the Pax Silica effort.
EconomyIndia joins U.S. ‘Pax Silica’ semiconductor alliance easing tariff and energy tensions
By Rajesh Roy and The Associated PressFebruary 20, 2026
Exclusive: Anthropic rolls out AI tool that can hunt software bugs on its own—including the most dangerous ones humans miss
AIExclusive: Anthropic rolls out AI tool that can hunt software bugs on its own—including the most dangerous ones humans miss
By Sharon GoldmanFebruary 20, 2026
Zuckerberg walks flanked by a man and a woman wearing Meta Ray-Ban glasses.
LawMark Zuckerberg’s entourage threatened with contempt for wearing Meta AI glasses into a no-recording courtroom
By Jacqueline MunisFebruary 20, 2026
‘Doubts around the AI revolution are emerging,’ BofA says, as the market sees a ‘double-edged sword’ that could ‘cannibalize’ profits
AI‘Doubts around the AI revolution are emerging,’ BofA says, as the market sees a ‘double-edged sword’ that could ‘cannibalize’ profits
By Nick LichtenbergFebruary 20, 2026
Mark Cuban
SuccessMark Cuban says AI won’t take your job anytime soon because it still acts like a hungover college intern—with a $100K price tag to show for it
By Preston ForeFebruary 20, 2026
Fed staff are more worried about stock prices than tech debt, even as hyperscalers go on a borrowing binge for their AI spending
AIFed staff are more worried about stock prices than tech debt, even as hyperscalers go on a borrowing binge for their AI spending
By Jason MaFebruary 20, 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
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
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promisesplaceholder alt text
By Jake AngeloMay 12, 2026
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