Where's the Trump phone? We're going to keep talking about it every week. We've reached out, as usual, to ask about the Trump phone's whereabouts. We don't have the phones we preordered yet, but this week included an unexpected in-person encounter with the T1. You see a lot of interesting phones when you're among tech […]
Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]
Elon Musk is now officially the world's first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our […]
SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and is raising enough money to likely make Elon Musk the first trillionaire. He’ll have more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home […]
The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]
The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.