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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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1

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

2

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

3

Current price of oil as of June 12, 2026
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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

AI tools can be the most effective and well-designed in the world, but two people can use the same tool and get to vastly different results.

By Amanda GerutJune 12, 2026
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’
By Sebastian HerreraJune 12, 2026
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Despite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI
By Sasha RogelbergJune 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
arms
You 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
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
By Whizy Kim and Tech BrewJune 12, 2026
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Future of Work
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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
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind

Asia’s AI race won’t be won by early adopters. It will be won by businesses that rebuild processes, data, and governance around AI at scale.

By Garrett IlgJune 11, 2026
Tech leaders argue AI’s real future Is task augmentation, not mass layoffs

CEOs of C.H. Robinson and Agility Robotics said today’s cutting-edge of automation isn’t replacing the whole human.

By Sebastian HerreraJune 11, 2026
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say

At Fortune Brainstorm Tech, industry experts discussed why practices like measuring hours saved is the wrong KPI for the AI age.

By Sebastian HerreraJune 11, 2026
More in Future of Work
Success
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t
Upstate New York sticker mogul has a bronze Trump statue, MAGA hip-hop album and a presidential endorsement. The local machine wants the Marine

The fight for Elise Stefanik’s old district is getting revealing in a very Trumpy corner of upstate New York.

By Michael Hill, Anthony Izaguirre and The Associated PressJune 12, 2026
Ex-Disney star Bridgit Mendler reveals she was rejected hundreds of times by Hollywood—but it primed her for her current job as a space start-up CEO

Bridgit Mendler says her success is fueled by a “very high tolerance for risk”—thanks, in part, to her experience as a Disney Channel star.

By Preston ForeJune 12, 2026
Testosil Review (2026): Testosterone Supplement Reviewed

Experts and testers looked at this testosterone supplement in our Testosil Review.

By Christina SnyderJune 11, 2026
Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since

I’ve spent spent 26 years building Fort Lauderdale’s future and we don’t need a billionaire champion — we already had one.

By Jenni MorejonJune 12, 2026
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C-Suite
More in C-Suite
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’

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

By Marco Quiroz-GutierrezJune 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 C-Suite
Workplace Culture
More in Workplace Culture
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Anthropic is worth $965 billion and just hired 1,000 coaches for nonprofits: ‘The fox can’t guard the henhouse’

Anthropic will donate $150 million to create the Claude Corps: “We’re hoping it’s a good idea that can take root and that other people can build on.”

By Glenn Gamboa and The Associated PressJune 11, 2026
Gordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing

The companies winning aren’t replacing human judgment — they’re capturing it. The ones losing are letting it drain away.

By Gordon RitterJune 11, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

For Q1, the first quarter with the initiative in place, just over half of the company’s 246 employees qualified and received raises between 2% and 4% so far.

By Sage LazzaroJune 9, 2026
The architect behind Claude Code reveals the three things Anthropic looks for in a good hire—and why people with low ego are a must

Anthropic’s exec Boris Cherny reveals why being humble makes job applications stand out at the hottest AI company right now: “Ego just gets in the way of stuff.”

By Emma BurleighJune 10, 2026
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Anthropic cofounder and CEO Dario Amodei pictured in profile.
AIAnthropic 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.
RetailAI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
‘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
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Startups & VentureFounders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO
By Allie GarfinkleJune 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
More LeadershipPage 42 of 100
A woman in a red coat holds up a sign that says, “Shouldn’t hurt to be a nurse.”
EconomyHealth care has been propping up a shaky labor market. For the first time in over four years, the sector shed thousands of jobs
By Sasha RogelbergMarch 9, 2026
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    Workplace CultureNigerian Gen Zers can’t afford the traditional table culture of clubs—and now rave culture is thriving
    By Ope Adetayo and The Associated PressMarch 6, 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
Paris Hilton poses on the red carpet.
SuccessAfter losing her Malibu home, Paris Hilton is raising $1 million to get women-owned businesses back on their feet
By Gabriela Aoun Angueira and The Associated PressMarch 9, 2026
Left to right: Dave Ramsey and Donald Trump
SuccessDave Ramsey slams Trump Accounts, the new investment accounts for babies—he’s advising parents to take the $1,000 and put their own money elsewhere
By Emma BurleighMarch 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
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
  • denmark
    Arts & EntertainmentMeet Denmark’s 34-year-old celebrity chef who wants fancy food to be recognized as an art form
    By James Brooks and The Associated PressMarch 6, 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
cocoa
EconomyMeet the African cocoa farmers who are letting their crops rot because the commodity price has fallen so much
By Edward Acquah, Ope Adetayo and The Associated PressMarch 9, 2026
HR is supposed to design career paths. So why are its own so unclear?
NewslettersHR is supposed to design career paths. So why are its own so unclear?
By Ruth UmohMarch 9, 2026
AI is making traditional CEO credentials less convincing
C-SuiteAI is making traditional CEO credentials less convincing
By Ruth UmohMarch 9, 2026
Economist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobs
NewslettersEconomist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobs
By Diane BradyMarch 9, 2026
  • IRS
    PoliticsIRS chief reveals nobody was fired for illegally sharing data with ICE ‘approximately 42,695 times’
    By Fatima Hussein and The Associated PressMarch 6, 2026
From thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer
HealthFrom thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer
By Sydney LakeMarch 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
taylor
BankingThe hidden economy deciding who gets into your favorite concert, restaurant, and theme park
By Nick LichtenbergMarch 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
Photo of Logan Brown
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
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
Distressed young man, with his palm to his head
SuccessGen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead
By Preston ForeMarch 7, 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
the grind
AIAI seems to turn Marxist after overwork, top researchers find: ‘Society needs radical restructuring’
By Nick LichtenbergMarch 7, 2026
OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
AIOpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
By Nick LichtenbergMarch 6, 2026
Nearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
Future of WorkNearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
By The Associated Press, Jeff Amy and Alexa St. JohnMarch 6, 2026
Silicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
Future of WorkSilicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
By Marco Quiroz-GutierrezMarch 6, 2026
schmidt
CommentaryEric Schmidt: Big Tech should power its own AI ambitions 
By Eric SchmidtMarch 6, 2026
sarandos
CommentaryWhat Netflix’s acquisition of Ben Affleck’s AI filmmaking company really shows
By Lin CherryMarch 6, 2026
anthropic research chart
AIAnthropic just mapped out which jobs AI could potentially replace. A ‘Great Recession for white-collar workers’ is absolutely possible
By Jake AngeloMarch 6, 2026
Billionaire chipmaker CEO Lisa Su holds meetings on weekends and sends feedback after midnight because leaders aren’t born: ‘They’re trained’ 
SuccessBillionaire chipmaker CEO Lisa Su holds meetings on weekends and sends feedback after midnight because leaders aren’t born: ‘They’re trained’ 
By Orianna Rosa RoyleMarch 6, 2026
Stressed Gen Z pharmacy worker
SuccessGen Z graduates who majored in ‘AI-proof’ careers like pharmacy, biology, and education are making less than $50,000 after graduation
By Emma BurleighMarch 6, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week, Feb. 28–March 6, 2026
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week, Feb. 28–March 6, 2026
By Fortune EditorsMarch 6, 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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