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The first big tech IPO of the summer included Starlink, xAI and X. It sets the stage for expected public offerings by Anthropic and OpenAI. June 12, 2026 2:51 p.m. PT Michael Yanow/NurPhoto/Getty Images An amalgamation of Elon Musk's projects -- not named Tesla -- is now one of the…

SpaceX rocketed onto public markets on Friday under the ticker SPCX, with shares climbing sharply and pushing the company’s market value past $2 trillion in the largest IPO ever recorded. The debut cemented Elon Musk’s status as the world’s first trillionaire and rewrote the playbook for modern mega-cap listings on…

TL;DR 80 residents near SpaceX’s Starbase are suing over home damage from rocket launches. One plaintiff needs $100K in foundation repairs. Housing costs have doubled since 2014. Eighty residents of towns near SpaceX’s Starbase facility in South Texas have filed a class-action lawsuit alleging that the company’s constant rocket launches…

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The AI boom is usually framed as a cutthroat competition between a small handful of powerful tech companies. That’s accurate, but it also overlooks a much subtler, stranger, and more alarming dynamic: Namely, that the very same companies that are competing to build and control the future of AI are…

Wall Street ends up on Iran war peace deal hopes, SpaceX’s historic debutRead More

By ZeroHedge - Jun 12, 2026, 3:00 PM CDT Rothschild & Co Redburn raised its price target on Linde to $560 and reiterated Buy, citing the company's dominant position supplying liquid oxygen, helium, and cryogenic services for SpaceX launches. Starship burns roughly 10 times the oxygen of a Falcon 9,…