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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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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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Photo of Sam Altman
AISam Altman says OpenAI is renegotiating with the Pentagon after an ‘opportunistic and sloppy’ deal
By Beatrice NolanMarch 3, 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
Exclusive: CrowdStrike and SentinelOne veterans raise $34M to tackle enterprise AI’s governance gap
AIExclusive: CrowdStrike and SentinelOne veterans raise $34M to tackle enterprise AI’s governance gap
By Beatrice NolanMarch 3, 2026
Qualcomm CEO: ‘Resistance is futile’ as 6G mobile revolution approaches
EuropeQualcomm CEO: ‘Resistance is futile’ as 6G mobile revolution approaches
By Kamal AhmedMarch 3, 2026
Making sense of Anthropic’s fight with the Pentagon—and OpenAI’s opportunity
NewslettersMaking sense of Anthropic’s fight with the Pentagon—and OpenAI’s opportunity
By Allie GarfinkleMarch 3, 2026
View of Visa’s office in San Francisco
CryptoExclusive: Visa to expand card partnership with Stripe’s Bridge to over 100 countries
By Ben WeissMarch 3, 2026
wolfgang
CommentaryEurope doesn’t lack tech talent. Its leaders lack execution
By Wolfgang OelsMarch 3, 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
After Pentagon contract, OpenAI shifts to damage control mode
NewslettersAfter Pentagon contract, OpenAI shifts to damage control mode
By Alexei OreskovicMarch 3, 2026
zuck
CommentaryBoards aren’t ready for the AI age: What happens when your CEO gets deepfaked?
By James RichardsonMarch 3, 2026
Want to live forever? Meta patented an AI model that would keep your profile active after you die
AIWant to live forever? Meta patented an AI model that would keep your profile active after you die
By Jacqueline MunisMarch 3, 2026
Asia’s founders are spending more money on AI tools, with use of some coding tools rising by more than four times
AIAsia’s founders are spending more money on AI tools, with use of some coding tools rising by more than four times
By Angelica AngMarch 3, 2026
OpenAI logo is seen in this photo illustration with the South Korean flag in the background
AI‘Could it kill someone?’ A Seoul woman allegedly used ChatGPT to help carry out two murders in South Korean motels
By Catherina GioinoMarch 2, 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
Sam Altman speaking into a mic.
AIOpenAI’s Pentagon deal raises new questions about AI and mass surveillance
By Beatrice NolanMarch 2, 2026
iran
AIIran has the intent—and increasingly the tools—for AI-powered cyberattacks
By Sharon GoldmanMarch 2, 2026
Anthropic’s Claude overtakes ChatGPT in App Store as users boycott over OpenAI’s $200 million Pentagon contract
AIAnthropic’s Claude overtakes ChatGPT in App Store as users boycott over OpenAI’s $200 million Pentagon contract
By Marco Quiroz-GutierrezMarch 2, 2026
dave ricks
AITech giants see a cure for cancer in AI. But Eli Lilly’s CEO finds it ‘not particularly good’ at solving biology or chemistry problems
By Jake AngeloMarch 2, 2026
Photo of a young man holding a smartphone having his face scanned
LawSocial media companies are fighting the ‘age verification trap’ as collecting biometrics on kids violates privacy rights
By Catherina GioinoMarch 2, 2026
OpenAI CEO Sam Altman
AIOpenAI CEO Sam Altman defends decision to strike Pentagon deal after Anthropic blacklisting, admits ‘optics don’t look good’
By Jeremy KahnMarch 2, 2026
greenspan
Economy’90s nostalgia seizes the Fed and White House as Warsh and Trump see AI as an internet-style productivity boom
By Paul Wiseman and The Associated PressMarch 2, 2026
washington
LawWashington roasted for using AI feature with heavily accented English instead of actual Spanish on state helpline
By Cedar Attanasio and The Associated PressMarch 2, 2026
Why Europe can lead in trusted, industrialized AI
EuropeWhy Europe can lead in trusted, industrialized AI
By Dave McCannMarch 2, 2026
Why Sequoia’s Alfred Lin isn’t worried about the SaaS-pocalypse
NewslettersWhy Sequoia’s Alfred Lin isn’t worried about the SaaS-pocalypse
By Leo SchwartzMarch 2, 2026
Making sense of the OpenAI-Anthropic-Pentagon tempest
NewslettersMaking sense of the OpenAI-Anthropic-Pentagon tempest
By Alexei OreskovicMarch 2, 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
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
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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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