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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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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

1

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

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
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AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
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
paul
Machine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard
By Achim Zeileis and The ConversationJune 12, 2026
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
By Dave Lozo and Morning BrewJune 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’
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’
By Marco Quiroz-GutierrezJune 12, 2026
Man in a blue shirt gesturing
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs
By Amanda GerutJune 12, 2026
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
By Eva RoytburgJune 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
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 Startups & Venture
AI
More in AI
Warehouse workers with robot
Walmart has a message for its 2.1 million workers: AI is going to improve your job, not take it: ‘Technology will power our future’

Walmart is already using AI to design clothes and coordinate trucks—but the $967 billion grocery chain says humans “will lead” the transformation.

By Emma BurleighJune 12, 2026
For SpaceX CFO Bret Johnsen, the challenge starts after the $75 billion IPO 

Johnsen now faces the task of proving SpaceX can deliver on its promises as a public company.

By Sheryl EstradaJune 12, 2026
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
Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

“There are other ways to drive awareness or adoption that aren’t about making all the features immediately present,” says design head Randy Hunt.

By Angelica AngJune 12, 2026
More in AI
Innovation
More in Innovation
musk
Elon Musk, the trillionaire: pay packets go multi-planetary in SpaceX IPO

The largest IPO in history raised $75 billion Friday despite $8.7B in losses since 2025. Did your pension boost the “significantly overvalued” stock?

By Bernard Condon and The Associated PressJune 12, 2026
Aliens are so mainstream the Catholic Church just fired an exorcist for saying UFOs are demons

JD Vance agrees with the exorcist. The Pope waxes poetic about the galaxies. A religion scholar sees UFOs as the best thing to happen to faith in years.

By Krysta Fauria and The Associated PressJune 12, 2026
SpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning

Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

By Lily Mae LazarusJune 12, 2026
Live updates from SpaceX IPO debut: SpaceX valuation now at over $2 trillion as stock climbs to $175 a share

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share and is now hovering at around $165 a share.

By Catherina GioinoJune 12, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
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
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
South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

By Jaehyun Eom, Shinhye Kang and BloombergJune 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
More in Cybersecurity
Latest Stories
fla
EnvironmentFlorida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
reagan
Personal FinanceSocial Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
gill
EconomyWorld Bank warns the 2020s are becoming a ‘lost decade’ for the global economy — ‘barring a miracle’
By Nick LichtenbergJune 12, 2026
SpaceX just made IPO history. Gwynne Shotwell made it possible
NewslettersSpaceX just made IPO history. Gwynne Shotwell made it possible
By Emma HinchliffeJune 12, 2026
mortgage
Real EstateMortgage rate rises to 6.52% from 6.48%, near yearlong high
By Alex Veiga and The Associated PressJune 12, 2026
victor
North AmericaVictor Wembanyama nearly got egged by a rabid Knicks fan. Nobody filed a complaint with the NYPD
By The Associated PressJune 12, 2026
dan
PoliticsDan Sullivan could be kicked out of Alaska Senate primary — but not that Dan Sullivan
By Becky Bohrer and The Associated PressJune 12, 2026
Plunge All-in Cold Plunge Review (2026): Expert Tested
HealthPlunge All-in Cold Plunge Review (2026): Expert Tested
By Christina SnyderJune 12, 2026
More TechPage 69 of 100
Singapore launches first space agency, joining a Southeast Asian race to tap a fast-growing space sector
EconomySingapore launches first space agency, joining a Southeast Asian race to tap a fast-growing space sector
By Angelica AngFebruary 2, 2026
  • Pfizer CEO says he used ‘emotional blackmail’ to get employees to achieve impossible goals during COVID-19
    C-SuitePfizer CEO says he used ‘emotional blackmail’ to get employees to achieve impossible goals during COVID-19
    By Eva RoytburgJanuary 29, 2026
Waymo seeking about $16 billion near $110 billion valuation
Startups & VentureWaymo seeking about $16 billion near $110 billion valuation
By Edward Ludlow, Aaron Kirchfeld and BloombergFebruary 1, 2026
SpaceX seeks FCC nod to build data center constellation in space
AISpaceX seeks FCC nod to build data center constellation in space
By Sana Pashankar, Loren Grush and BloombergFebruary 1, 2026
dewar
CommentaryThe AI adoption story is haunted by fear as today’s efficiency programs look like tomorrow’s job cuts. Leaders need to win workers’ trust
By Carolyn DewarFebruary 1, 2026
Photo of a trader on the floor of the New York Stock Exchange
Investing‘We’re not in a bubble yet’ because only 3 out of 4 conditions are met, top economist says. Cue the OpenAI IPO
By Nick LichtenbergFebruary 1, 2026
Fortune Archives: When Big Business discovered schools
NewslettersFortune Archives: When Big Business discovered schools
By Indrani SenFebruary 1, 2026
  • ICE
    CybersecurityOnly 4 democracies have created paramilitary police squads since 1960—if you include ICE
    By Erica De Bruin and The ConversationJanuary 29, 2026
Priscilla Chan and Mark Zuckerberg
Big TechThe Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to ‘cure or prevent all disease’
By Sydney LakeFebruary 1, 2026
The founder and CEO of $1.25 billion AI identity verification platform Incode, Ricardo Amper
SuccessCEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns
By Emma BurleighFebruary 1, 2026
Several pictures of people receiving medical treatments including a facelift and oxygen therapy.
HealthHims and Hers Super Bowl ad highlights ‘uncomfortable truth’ about elite healthcare for the rich and ‘broken’ system for the rest
By Jacqueline MunisFebruary 1, 2026
Photo of Elon Musk
EconomyMusk’s fantasy for a future where work is optional just got more real: U.K. minister calls for universal basic income to cushion AI-related job losses
By Sasha RogelbergFebruary 1, 2026
Nvidia CEO signals investment in OpenAI round may be largest yet
Startups & VentureNvidia CEO signals investment in OpenAI round may be largest yet
By Debby Wu and BloombergJanuary 31, 2026
  • Claude 4 illustration
    AITop engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
    By Beatrice NolanJanuary 29, 2026
Silicon Valley legend Kleiner Perkins was written off. Then an unlikely VC showed up
Startups & VentureSilicon Valley legend Kleiner Perkins was written off. Then an unlikely VC showed up
By Allie GarfinkleJanuary 31, 2026
Moltbook, a social network where AI agents hang together, may be ‘the most interesting place on the internet right now’
AIMoltbook, a social network where AI agents hang together, may be ‘the most interesting place on the internet right now’
By Jason MaJanuary 31, 2026
Photo of Alexis Ohanian
SuccessAlexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was ‘gonna invent a career.’ He founded Reddit
By Preston ForeJanuary 31, 2026
Netflix
Big TechNetflix may be turning into an ‘entertainment giant,’ but its stock looks like ‘dead money’ to investors
By Nick LichtenbergJanuary 31, 2026
In this handout, the mug shot of Jeffrey Epstein, 2019.
PoliticsElon Musk and Jeffrey Epstein emailed each other for years trying to meet up, new Justice Department records show
By Eva Roytburg and Sasha RogelbergJanuary 30, 2026
After a decade of silence, Elon Musk’s tunneling startup, and its reclusive president, are hitting the media circuit
Big TechAfter a decade of silence, Elon Musk’s tunneling startup, and its reclusive president, are hitting the media circuit
By Jessica MathewsJanuary 30, 2026
The 1966 cover of Fortune Magazine welcomed the Information age. Now the AI era beckons
MagazineThe 1966 cover of Fortune Magazine welcomed the Information age. Now the AI era beckons
By Indrani SenJanuary 30, 2026
Gamestop
Big TechFive years after the short squeeze, GameStop’s CEO is betting on a ‘genius or totally foolish’ $100 billion-plus acquisition
By Jake AngeloJanuary 30, 2026
‘We’ll save the world from cancer’: Inside Pfizer CEO’s $23 billion post‑COVID bet on oncology
C-Suite‘We’ll save the world from cancer’: Inside Pfizer CEO’s $23 billion post‑COVID bet on oncology
By Nick LichtenbergJanuary 30, 2026
Sam Altman speaking into a mic.
AIA reported OpenAI IPO later this year may test investor tolerance for the AI boom’s cash bonfire
By Beatrice NolanJanuary 30, 2026
Former Google DeepMind researcher David Silver
AIExclusive: Longtime Google DeepMind researcher David Silver leaves to found his own AI startup
By Jeremy KahnJanuary 30, 2026
phone
Arts & EntertainmentTwenty-somethings discover nostalgia, throwing back to a carefree time before the ‘dark days’: 2016
By Pavan Mahal and The Associated PressJanuary 30, 2026
taxi
CommentaryAmerica’s AI regulatory patchwork is crushing startups and helping China
By James Richardson and Eric TanenblattJanuary 30, 2026
Photo of Elon Musk
Newsletters$100 million-plus funding rounds used to be incredibly rare. Now, 40% of seed and Series A rounds are clearing that bar
By Allie GarfinkleJanuary 30, 2026
Apple delivers blowout earnings; gets bupkis
NewslettersApple delivers blowout earnings; gets bupkis
By Alexei OreskovicJanuary 30, 2026
Are you a cyborg, a centaur, or a self-automator? Why businesses need the right kind of ‘humans in the loop’ in AI
AIAre you a cyborg, a centaur, or a self-automator? Why businesses need the right kind of ‘humans in the loop’ in AI
By François Candelon, Katherine Kellogg, Hila Lifshitz and Steven RandazzoJanuary 30, 2026
As billionaires chase immortality, this startup cofounded by a Harvard genetics professor gets FDA approval for the first partial de-aging human trial
HealthAs billionaires chase immortality, this startup cofounded by a Harvard genetics professor gets FDA approval for the first partial de-aging human trial
By Marco Quiroz-GutierrezJanuary 30, 2026
A man works on two computers while a coworker looks on in the background.
AIGen Z believes using AI is making their colleagues dumb and lazy, but may paradoxically see it as key to their own promotion, Wharton says
By Sasha RogelbergJanuary 30, 2026
Apple’s blowout Q1 results are a reminder of what makes the company so impressive—and why it’s floundering in AI
Big TechApple’s blowout Q1 results are a reminder of what makes the company so impressive—and why it’s floundering in AI
By Alexei OreskovicJanuary 29, 2026
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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
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
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