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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 45 of 100
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
  • barr
    AIFed governor lays out 3 AI scenarios, including one with a giant population of ‘unemployable’ workers
    By Catherina GioinoFebruary 19, 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
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
zuck
LawBig tech’s tobacco or opioid moment? ‘Reckoning’ seen in swirl of social media addiction trials
By Barbara Ortutay and The Associated PressFebruary 20, 2026
trump
EnergyVoter fury and the American energy ‘paradox’: Higher utility bills, record oil and gas production—and 45% of the world’s data centers
By Catherina GioinoFebruary 20, 2026
Defy Ventures teaches entrepreneurship in prisons. It changed how I think about founders
NewslettersDefy Ventures teaches entrepreneurship in prisons. It changed how I think about founders
By Allie GarfinkleFebruary 20, 2026
  • Mark Zuckerberg has his day in court—’you’re mischaracterizing this’
    NewslettersMark Zuckerberg has his day in court—’you’re mischaracterizing this’
    By Alexei OreskovicFebruary 19, 2026
Waymo’s New York dreams are dashed—for now
NewslettersWaymo’s New York dreams are dashed—for now
By Alexei OreskovicFebruary 20, 2026
bill gates
LawAs Gates’ Epstein connection unnerves staff, his foundation looks for a way forward
By Jake AngeloFebruary 20, 2026
Prince Andrew was just arrested over Epstein-related ‘misconduct.’ Here’s how low his net worth is—and how he’ll pay his legal fees
Personal FinancePrince Andrew was just arrested over Epstein-related ‘misconduct.’ Here’s how low his net worth is—and how he’ll pay his legal fees
By Catherina GioinoFebruary 19, 2026
Matthew McConaughey of "The Lost Bus" at the Variety Studio during the Toronto International Film Festival held at The St. Regis Toronto on September 06, 2025 in Toronto, Canada.
AIMatthew McConaughey sounds the alarm for artists in fight against AI misuse: ‘Own yourself…so no one can steal you’
By Eva RoytburgFebruary 19, 2026
A woman stands as a group of her colleagues speaks.
AIEntry-level tech and finance workers in Ireland are losing their jobs thanks to AI. Could that be a warning sign for the U.S.?
By Jacqueline MunisFebruary 19, 2026
  • Sundar Pichai at the Google Event at the India AI Impact Summit
    AIGoogle CEO Sundar Pichai says AI spending still makes sense despite bubble fears
    By Beatrice NolanFebruary 19, 2026
Amazon’s humble history: Jeff Bezos used a rented garage as an office and held team meetings at a local Barnes & Noble
SuccessAmazon’s humble history: Jeff Bezos used a rented garage as an office and held team meetings at a local Barnes & Noble
By Nick LichtenbergFebruary 19, 2026
AI is running out of power. Space won’t be an escape hatch for decades
NewslettersAI is running out of power. Space won’t be an escape hatch for decades
By Sharon GoldmanFebruary 19, 2026
libety
AIRoyal Caribbean’s CEO is using AI to predict how many hamburgers you’ll eat—and to compete with Orlando, Vegas and Taylor Swift
By Diane BradyFebruary 19, 2026
Sam Altman and Dario Amodei refused to hold hands at an AI summit weeks after OpenAI and Anthropic clashed in a tense Super Bowl ad war
AISam Altman and Dario Amodei refused to hold hands at an AI summit weeks after OpenAI and Anthropic clashed in a tense Super Bowl ad war
By Marco Quiroz-GutierrezFebruary 19, 2026
Jeff Bezos speaking on stage
SuccessAmazon founder Jeff Bezos reveals his formula for running the perfect meetings to weed out those ‘who pretend to have done the reading’
By Orianna Rosa RoyleFebruary 19, 2026
A close-up of Jeff Bezos
Success‘I had to take 60 meetings’: Jeff Bezos says ‘the hardest thing I’ve ever done’ was raising the first million dollars of seed capital for Amazon
By Dave Smith and Fortune EditorsFebruary 19, 2026
Dario Amodei sits in a white chair in front of a pink background and speaks animatedly.
AI‘I’m deeply uncomfortable’: Anthropic CEO warns that a cadre of AI leaders, including himself, should not be in charge of the technology’s future
By Sasha RogelbergFebruary 19, 2026
Welcome to the ‘annoyance economy’: Americans are paying over $165 billion a year as companies waste their time to drive revenue
EconomyWelcome to the ‘annoyance economy’: Americans are paying over $165 billion a year as companies waste their time to drive revenue
By Catherina GioinoFebruary 19, 2026
gates
Real EstateBill Gates is shrinking his $132 million Xanadu compound amid sudden public withdrawal and Epstein revelations
By Nick LichtenbergFebruary 19, 2026
Walmart employee scanning product
SuccessWalmart exec says it’s ‘unfortunate’ that other companies are slashing workforces in the name of AI—it’s offering training to 1.6 million workers instead
By Preston ForeFebruary 19, 2026
sam altman
AISam Altman says not even the CEO’s job is safe from AI as it will soon perform the work better than ‘certainly me’
By Jake AngeloFebruary 19, 2026
two men pose for photo
CryptoAmerican Express and Visa alumni raise $4 million for Rhythmic, which partners with brands to provide financial products for their customers
By Carlos GarciaFebruary 19, 2026
Jackson points as he speaks.
Workplace CultureFrom mom-and-pops to Goldman Sachs, Jesse Jackson’s vision for American business sparked a revolution
By Jacqueline MunisFebruary 19, 2026
Two software engineers
SuccessJust 5% of workers have this skill, according to Google, and they’re 4.5 times as likely to have a higher salary
By Preston ForeFebruary 19, 2026
laid off
CommentaryThe billion-dollar justification: why AI giants need you to fear for your job
By David StoutFebruary 19, 2026
whittaker
CommentaryThe next 3 years will define capitalism for a generation losing faith in talent and hard work. Are CEOs up for the challenge?
By Martin WhittakerFebruary 19, 2026
gates
AsiaBill Gates’ foundation says sudden withdrawal was ‘to ensure the focus remains on the AI Summit’s key priorities’
By The Associated PressFebruary 19, 2026
Fortune 500 Amazon
RetailAmazon takes the No. 1 spot on the Fortune 500, ending Walmart’s 13-year run
By Phil WahbaFebruary 19, 2026
Exclusive: Badge raises $17 million to chase the next era of digital wallets
NewslettersExclusive: Badge raises $17 million to chase the next era of digital wallets
By Allie GarfinkleFebruary 19, 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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