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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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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
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 Shawn TullyJune 13, 2026
axel
Our budgeted $180 million year ended in the red after the Ukraine war. Here’s how we survived
By Axel SöderbergJune 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 can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
By Amanda GerutJune 12, 2026
Anthropic cofounder and CEO Dario Amodei pictured in profile.
Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
By Jeremy KahnJune 13, 2026
Courtney Robinson, head of policy and communications, at Akoya speaks on a panel at Fortune Brainstorm Tech 2026.
AI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
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Elon Musk
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
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
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
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
More in Big Tech
Startups & Venture
More in Startups & Venture
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
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
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
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

By Marco Quiroz-GutierrezJune 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
More in Startups & Venture
AI
More in AI
Sven Gerjets, chief technology officer at Gap, speaks on stage on a panel at Fortune Brainstorm Tech 2026.
Why companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’

Building operational AI at scale requires more than just raw algorithmic power, business and tech experts said at Fortune Brainstorm Tech.

By Sebastian HerreraJune 12, 2026
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows

AI is one of five potential drivers of health costs climbing up to 9% in 2027, according to PwC.

By Whizy Kim and Tech BrewJune 12, 2026
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs

Speaking at Fortune Brainstorm Tech, the internet pioneer described himself as a “huge optimist” about AI’s benefits but warned that the risks are real and predicted the backlash will play out in the 2028 U.S. elections.

By Amanda GerutJune 12, 2026
Machine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard

The algorithm that predicted the U.S. would win the 2019 Women’s World Cup just released Its 2026 men’s picks.

By Achim Zeileis and The ConversationJune 12, 2026
More in AI
Innovation
More in Innovation
owen
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
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
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire

Musk’s new title arrives amid a wider acceleration for the richest of the rich whose level of wealth was once unfathomable

By The Associated Press and Wyatte Grantham-PhilipsJune 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
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
‘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
By Catherina GioinoJune 12, 2026
Liability Car Insurance Explained: What It Covers and How Much You Need
Personal FinanceLiability Car Insurance Explained: What It Covers and How Much You Need
By Joseph HostetlerJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?
Personal FinanceSecured debt vs. unsecured debt: What’s the difference?
By Joseph HostetlerJune 12, 2026
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
EnergyU.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
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
ss
Commentary‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter
By Stefan Szymanski and The ConversationJune 12, 2026
arms
HealthYou probably think you’re a really open-minded person, but the real thing raises your death anxiety
By Daryl Van Tongeren and The ConversationJune 12, 2026
fla
EnvironmentFlorida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
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CommentaryThe AI risk that few organizations are governing
By Raj SharmaMarch 10, 2026
  • Chatbots are ‘constantly validating everything’ even when you’re suicidal. New research measures how dangerous AI psychosis really is
    AIChatbots are ‘constantly validating everything’ even when you’re suicidal. New research measures how dangerous AI psychosis really is
    By Catherina GioinoMarch 7, 2026
Anthropic takes the fight to court, but Trump may be planning a new order
NewslettersAnthropic takes the fight to court, but Trump may be planning a new order
By Alexei OreskovicMarch 10, 2026
Two men in white button downs under black zip ups.
Startups & VentureThis Harvard dropout took a company public before 30. Now he’s raising $205M to fix the business side of medicine
By Catherina GioinoMarch 10, 2026
Meet the millennial who turned a $400 side hustle into TikTok Shop’s biggest teeth whitening brand in the UK—now he splashes $335 a month on haircuts and lost $20K on crypto
SuccessMeet the millennial who turned a $400 side hustle into TikTok Shop’s biggest teeth whitening brand in the UK—now he splashes $335 a month on haircuts and lost $20K on crypto
By Orianna Rosa RoyleMarch 10, 2026
gen z
CybersecurityGen Z is already nostalgic for TikTok—and the platform is only 6 years old
By Nick LichtenbergMarch 10, 2026
ceo
AICEOs are using one number in the AI age to decide how many people they still need
By Nick LichtenbergMarch 10, 2026
  • Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete
    SuccessRing is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete
    By Marco Quiroz-GutierrezMarch 7, 2026
Man with facial hair looking to the side wearing a suit and tie.
InvestingOracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation 
By Amanda GerutMarch 9, 2026
Nobel laureate Joseph Stiglitz warns AI’s hunger for internet comments could degrade the world’s ‘information ecosystem’
AINobel laureate Joseph Stiglitz warns AI’s hunger for internet comments could degrade the world’s ‘information ecosystem’
By Catherina GioinoMarch 9, 2026
People wait outside a building
AIAI layoffs are coming. The problem may be compounded because nearly 75% of people don’t apply for unemployment benefits
By Jacqueline MunisMarch 9, 2026
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026.
Middle EastIran’s attacks on Amazon data centers in UAE, Bahrain signal a new kind of war as AI plays an increasingly strategic role, analysts say
By Jeremy KahnMarch 9, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
LawAnthropic sues the Pentagon after being labeled a threat to national security
By Beatrice NolanMarch 9, 2026
  • the grind
    AIAI seems to turn Marxist after overwork, top researchers find: ‘Society needs radical restructuring’
    By Nick LichtenbergMarch 7, 2026
Photo of Peter Diamandis
InnovationPeter Diamandis offers $3.5 million to filmmakers who portray AI as the hero—not the villain
By Marco Quiroz-GutierrezMarch 9, 2026
Business man on the phone with luggage
SuccessEuropean companies using AI are hiring more workers, not cutting them—and Americans are already relocating there to escape uncertainty
By Preston ForeMarch 9, 2026
Women walk past a sign
AIPeople really hate AI but not as much as Iran—or Democrats
By Jake AngeloMarch 9, 2026
stitch
Future of Work‘It feels like a video game, but in real life’: Gen Z’s love of analog ‘grandma’ hobbies jump from Pokemon to bird-watching, scrolling to needlepoint
By Kaitlyn Huamani and The Associated PressMarch 9, 2026
In this photo illustration, the Microsoft Copilot AI logo is seen displayed on a smartphone screen.
AIMicrosoft unveils Copilot Cowork agents built on Anthropic’s AI and E7 AI product suite as it seeks to calm investor concerns about AI eating SaaS
By Jeremy KahnMarch 9, 2026
Robinhood wants everyone to be able to invest in hot startups like Databricks and Ramp, but how much risk will investors take on?
NewslettersRobinhood wants everyone to be able to invest in hot startups like Databricks and Ramp, but how much risk will investors take on?
By Leo SchwartzMarch 9, 2026
A high profile OpenAI departure points straight at the Pentagon deal and shows the storm is not blowing over
NewslettersA high profile OpenAI departure points straight at the Pentagon deal and shows the storm is not blowing over
By Alexei OreskovicMarch 9, 2026
To justify a $1.5 trillion market cap after its IPO, SpaceX would need to earn more than Berkshire Hathaway. Here’s why that’s unlikely
InvestingTo justify a $1.5 trillion market cap after its IPO, SpaceX would need to earn more than Berkshire Hathaway. Here’s why that’s unlikely
By Shawn TullyMarch 8, 2026
It’s not just data centers. New power lines for AI are also stirring local anger and turned one man’s 40 acres of paradise into ‘hell’
Big TechIt’s not just data centers. New power lines for AI are also stirring local anger and turned one man’s 40 acres of paradise into ‘hell’
By Marc Levy and The Associated PressMarch 8, 2026
Joseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives
AIJoseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives
By Catherina GioinoMarch 8, 2026
Asana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his alternative ‘donut box’ hack for getting hired
SuccessAsana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his alternative ‘donut box’ hack for getting hired
By Orianna Rosa RoyleMarch 8, 2026
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SuccessThis AI founder who quit her 9-to-5 law job has a warning for anyone dreaming of doing the same: ‘I’m working harder now than I ever did’
By Emma BurleighMarch 8, 2026
The U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’
PoliticsThe U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’
By Emma Burrows and The Associated PressMarch 7, 2026
Top Pentagon official recalls the ‘whoa moment’ when defense leaders realized how indispensable Anthropic is and saw the risk of losing access
AITop Pentagon official recalls the ‘whoa moment’ when defense leaders realized how indispensable Anthropic is and saw the risk of losing access
By Jason MaMarch 7, 2026
Peter Thiel warned AI is coming for ‘math people before word people.’ Banks have already said smaller headcounts are possible
BankingPeter Thiel warned AI is coming for ‘math people before word people.’ Banks have already said smaller headcounts are possible
By Jason MaMarch 7, 2026
OpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract
AIOpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract
By Sharon GoldmanMarch 7, 2026
The U.S. and Gulf states have made repeated requests for Ukraine’s interceptor drones, but Kyiv banned weapons exports after Russia’s invasion
PoliticsThe U.S. and Gulf states have made repeated requests for Ukraine’s interceptor drones, but Kyiv banned weapons exports after Russia’s invasion
By Samya Kullab, Hanna Arhirova and The Associated PressMarch 7, 2026
Photo of Vinod Khosla
Startups & VentureBillionaire OpenAI investor Vinod Khosla predicts how awesome life could be in 2040—even if AI wipes out colleges and jobs
By Fortune EditorsMarch 7, 2026
A boy sits at a cluttered desk with headphones on, looking at an iPad.
RetailGen Alpha’s economic influence is ‘enormous’—From side hustles and bankrolling from their parents, they’ve surpassed $100 billion in spending power
By Sasha RogelbergMarch 7, 2026
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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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